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Category: Economy

Business Economy headline

Exxon, Shell may pursue part of $1.8 billion award against Nigerian – US appeals court

Iheanyi Ejiofor July 9, 2022 No Comments #Exxon #Shell #Nigeria#NNPC

A U.S. appeals court on Friday said Exxon Mobil Corp and Royal Dutch Shell Plc affiliates may try to enforce part of a $1.8 billion arbitration award against Nigeria’s state-run…

Read More Exxon, Shell may pursue part of $1.8 billion award against Nigerian – US appeals court
Business Economy headline

Elon Musk terminating deal to buy social media giant Twitter

Iheanyi Ejiofor July 9, 2022 No Comments #Elon Musk #Twitter #terminating

A law firm representing the Tesla CEO sent a letter to Twitter on Friday, alleging that it appears “to have made false and misleading representations” when Musk agreed to buy…

Read More Elon Musk terminating deal to buy social media giant Twitter
Business Economy headline

Flutterwave denies money laundering allegation as Kenyan court freezes bank accounts

Iheanyi Ejiofor July 7, 2022 No Comments #Flutterwave #fintech #Olugbenga Agboola

A Kenyan high court has frozen more than Sh6.2 billion spread in 62 bank accounts belonging to Flutterwave, a Nigerian fintech company, and four Kenyans. According to Business Daily Africa,…

Read More Flutterwave denies money laundering allegation as Kenyan court freezes bank accounts
Business Economy headline

FIRS chairman Nami charges professional tax bodies on contribution to tax development

Iheanyi Ejiofor July 7, 2022 No Comments #FIRS #Nami #professional #tax #development

The Executive Chairman of the Federal Inland Revenue Service (FIRS) Muhammad Nami has called on professional bodies in the regulation of tax practice to lead conversations on matters of tax…

Read More FIRS chairman Nami charges professional tax bodies on contribution to tax development
Business Economy headline

Petrol subsidy is a scam, I will get rid of it, says Peter Obi

Iheanyi Ejiofor July 6, 2022 No Comments #Peter Obi #petrol subsidy #scam #labour party

By our reporter| The presidential candidate of the Labour Party (LP), Peter Obi on Wednesday said he will get rid of the subsidy on petrol if there is an alternative.…

Read More Petrol subsidy is a scam, I will get rid of it, says Peter Obi

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