Business

According to The Sun, Wayne Rooney has been informed that he must pay back £5m. Rooney is said to have taken advice from a trusted expert on the scheme, which reduced tax bills by claiming against early losses on blockbusters that later…

Confirming the injection, the Acting Director, Corporate Communications Department (CCD), CBN, Mr. Isaac Okorafor said: “The CBN offered $100 million to authorized dealers in the wholesale segment of the market, while the Small and Medium…

Newly trained Dangote Refinery graduate engineers have promised an end to the ongoing fuel scarcity in the country when the Refinery takes off. The engineers just returned from a training programme at Bharat Petroleum Corporation Ltd. in…

The planned review and removal of the mandatory Value Added Tax (VAT) on all air travel tickets issued in the aviation sector will save local airlines at least N11.55 billion in revenue yearly. The tax, which is five per cent of every…

“In terms of using Bitcoin or some of the cryptocurrencies, we are also looking at it, but I’m told the vast majority of cryptocurrencies are basically Ponzi schemes,” Bloomberg quoted the World Bank Group President Jim Yong Kim as saying…

In recent weeks, the local currency has been trading between 362/dollar and 365/dollar. Financial experts have said that the naira is likely to remain stable against the greenback this week as demand for the US currency weakens…