Business

British Steel, the country’s second largest steel producer, will be placed into administration as early as Wednesday, Sky News reported, jeopardising some 25,000 jobs. Administrators from EY are in court …

 Xi Jinping China must prepare for difficult times as the international situation is increasingly complex, President Xi Jinping said in comments carried by state media on Wednesday, as the U.S.-China …

British chip designer ARM has halted relations with Huawei in order to comply with a United States blockade of the company, potentially crippling the Chinese company’s ability to make new …

Babatunde Fowler The Federal Inland Revenue Service (FIRS) yesterday promised to surpass in 2019 the N5.32 trillion it made last year. The N5.32 trillion remains its highest yearly collection so …

Jamie Oliver British celebrity chef Jamie Oliver’s restaurant chain said it was entering administration on Tuesday, threatening jobs at the firm’s 25 sites in the United Kingdom. Oliver, 43, who …

File photo Nigeria’s economy expanded more slowly in the first quarter of 2019 than it did in the fourth quarter of last year, the National Bureau Statistics said on Monday. …

Ryanair reported its weakest annual profit in four years and said earnings could fall further as Europe suffers what Chief Executive Michael O’Leary described as “attritional fare wars.” Shares in …

The Nigerian Communications Commission (NCC) says there is an addition of 43,807 active subscribers on the telecommunication networks in March 2019. The telecommunications regulator disclosed this in its Monthly Subscriber/Operator …

Hadi Sirika The Federal Government has announced its plan to build an agro-allied cargo terminal at Benin Airport to boost economic activities in the state. The Minister of State for …

Mr Babatunde Fowler The Federal Inland Revenue Service (FIRS) says it will soon begin collection of Value Added Tax (VAT) on online transactions. The Chairman of the agency, Mr Babatunde …