businesspick

The Federal Government through the Debt Management Office (DMO) has redeemed a $500 million Eurobond on its due date on July 12, 2023. The Eurobond was issued in July 2013 …

Elon Musk on Wednesday launched his own artificial intelligence company, xAI, as he seeks to compete with OpenAI, the creator of ChatGPT — a program he accuses of being politically …

The Special Adviser to President Bola Tinubu on Revenue, Zach Adedeji says the government will double the country’s total annual revenue which is currently below N15trn by deepening the nation’s …

The Federal Inland Revenue Service (FIRS) and the Market Traders Association of Nigeria (MATAN) have teamed up to facilitate the collection and remittance of value added tax (VAT) from its …

Saudi Arabia said on Monday it was extending a voluntary oil production cut of one million barrels per day, and Russia said it was slashing exports by 500,000 bpd. The …

Wall Street stocks advanced early Friday following the latest moderation in US consumer inflation as Apple powered above $3 trillion in market valuation. The personal consumption expenditure index measure of …

The Federal Government says it will discontinue budgetary allocations to professional bodies and councils. In a memo to one of the affected councils dated June 26, 2023, the Budget Office …

The management of the Lekki Deep Seaport has announced that Rimbaud has become the first transshipment vessel to berth at the port. Making this known in a series of tweets …

Financial institutions have been mandated by the Central Bank of Nigeria (CBN) to obtain the social media handles of customers for the purpose of identification. It also asked financial institutions …

The Federation Account Allocation Committee (FAAC) says it shared a total sum of N786.161 billion to the Federal Government, States and Local Government Areas in May. This was contained in …