Officials from 130 countries and jurisdictions have thrown their support behind the United States’ proposal to require a minimum global tax for corporations starting at 15 percent, a key step in curbing corporate tax avoidance and a major victory for [...]
Nigeria will begin the operation of a new national air carrier in the first quarter of 2022, the Minister of Aviation, Hadi Sirika, announced Wednesday. Mr Sirika said this while speaking to journalists after the Federal Executive Council presided by Vice President [...]
The recent decision of social media giant, Twitter, to set up its Africa office in Accra, Ghana, has reopened talks on how Nigeria increasingly lose similar opportunity even as more companies relocate to the Ghanian capital. Daily Trust on Sunday [...]
The South Korean electronics manufacturer, LG, is closing its loss-making mobile phone business. The board of directors approved the move on Monday, LG Electronics said in a statement released in Seoul. The shutdown of LG’s mobile phone sector is expected [...]
Hello guys, it’s Dubai boy again. Based on several requests and popular demand, I decided to make a video about tips to get jobs faster as a Nigerian in any foreign country.. particularly UAE (Dubai). Firstly let me debunk the [...]
The Central Bank of Nigeria (CBN) has approved 47 companies to operate as international money transfer operators (IMTOs), an effort interpreted as a move towards breaking the historical dominance of the industry cartel and liberalising the market. A document released [...]
The global middle class shrank for the first time in decades last year because of the Covid-19 pandemic, with almost two-thirds of households in developing economies reporting they suffered a loss in income, according to two new estimates based on [...]
Transactions on the Nigeria Stock Exchange (NSE) reversed the previous session’s gains to close on a downturn yesterday, with market capitalisation depreciating by N8 billion. The All-Share Index (ASI) fell by 14.68 absolute points, representing a decline of 0.04 per [...]
The International Monetary Fund has said that Nigeria’s “over-Optimistic” revenue assumptions has made the government dependent on expensive borrowing from the Central Bank of Nigeria. The IMF stated that plans to increase Value Added Tax and minimum wage would also [...]
Nigerian traders residing in Ghana under the auspices of National Association of Nigerian Traders have called on the Nigerian government to take urgent action, following reports that Ghanaian authorities were embarking on a fresh round of closure of shops belonging [...]
Officials from the Federal Ministry of Agriculture and Rural Development, states, agencies and non-governmental organisations on Thursday said Nigeria was spending about $500m annually on oil palm imports. At the national workshop on oil palm organised in Abuja by Solidaridad, [...]
The Nigerian government has allowed Dangote Cement to resume exports across its land borders which have been closed for over a year; and this has raised brows, IgbereTV reports BUA Group and a gas company have also received presidential approval [...]
The Association of Nigerian Bookmakers is the national trade association of sports betting operators and our attention has been drawn to the recent forceful closure of several sports betting shops across Kaduna State by officials of Kaduna State Internal Revenue [...]
Multinational culinary product manufacturer GBfoods has commissioned the recently completed tomato processing factory in northwestern Nigeria, the company said Monday. The ₦20 billion plant, located in Kebbi State, was built in partnership with the Central Bank of Nigeria, Kebbi State [...]
A South African real estate investment firm, Novare, said on Wednesday that tenants at its three shopping malls in the Federal Capital Territory (FCT), Abuja and one in Lagos would not pay rent for four months. The firm also donated [...]
The Federal Government has appealed to traders not to hike prices of food items and transportation as the country battles to contain the Coronavirus (COVID-19) global pandemic. Alhaji Lai Mohammed, the Minister of Information, Culture, and Tourism, made the appeal [...]
There is no doubt that the coronavirus pandemic has exposed the frailties of the human race. It has also wrecked the world economy. However, it has also brought out the best in some people as many Nigerians have come to [...]
Meet Nigerian Entrepreneurs Who Raised $10M To Transform Africa’s Healthcare – Forbes For decades African hospitals had been operating entirely manually, from taking notes on paper on how many patients entered the hospital on any given day, to what type [...]
The Lagos State Government has issued new guidelines for the reopening of markets and shopping malls in the state as part of efforts to curb the spread of the Coronavirus pandemic following Governor Babajide Sanwo-Olu’s announcement of the gradual easing [...]
Two safety agencies of Lagos State Government on Monday discovered five containers laden with rotten fish and other edibles in Apapa area of the state. The Hope For Nigeria Online learnt that the shocking discovery was made during a site [...]
Hope For Nigeria Online reports that the governor of Ekiti State, Dr. Kayode Fayemi, said that his administration was in partnership talk with Dangote, Coscharis and Stallion Group Industries Limited to set up a rice mill in the state. The [...]
The Federal Government says it is partnering the Russian government to revive Ajaokuta Steel Company. Minister of Mines and Solid Minerals Development, Mr Olamilekan Adegbite, disclosed this at an interactive session with Senate Committee on Solid Minerals, Mines, Steel Development [...]
Dangote’s Multi-billion Naira Greenhouse Farm The multi-billion High–Tech Greenhouse Farm established by Dangote Farms Limited, geared at boosting the cultivation of high-quality tomatoes in the country, has commenced full production in the commercial city of Kano. The farm which is [...]
Selling Akube/okirika Clothes: Ruling on buying and selling used clothing from the west Question What is the Islamic ruling on buying and selling used clothing that comes from Western countries, which includes all types of clothing and shoes that come [...]
Xenophobia: The South African Acting High Commissioner to Nigeria, Bobby Moroe, on Thursday confirmed the closure of the country’s missions in Nigeria. Ms Moroe on Thursday that the closure was sequel to the directive from his country’s government. The envoy [...]
Heineken suddenly transferred the Managing Director of Nigerian Breweries, Nico Vervelde, to Singapore shortly after Nigerian police interrogated him for alleged corruption. This case would have been buried if journalists Olivier van Beemen and Femke van Zeijl had not picked it [...]
• Nation short on rice, sugar, maize, wheat, others, say experts• Policy anti-people, ill-timed, PDP declares• Manufacturers, OPS urge caution, want codes for items• ‘Why the presidency might be compromising apex bank’ There is confusion over the state of food [...]
Labourer Won A Saloon Car From Dangote A labourer at a block moulding industry in Lagos, Mujahid Shiabu, was recently announced as the winner of a Dangote Cement consumer promotion tagged, Dangote Bag of Goodies promo. The management of Dangote [...]
World’s Largest Atmospheric Tower For Dangote Refinery A piece of equipment that will process crude oil for Nigeria’s Dangote refinery set sail on Monday from China, oil company Sinopec said in a tweet. The 650,000 barrel per day (bpd) refinery [...]
Maritime Workers Begin Strike: Maritime workers under the aegis of the Maritine Workers Union of Nigeria (MWUN) on Wednesday made good their threat of protesting over their unpaid entitlements by the International Oil Companies (IOC) by grounding port operations. As [...]
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