New York City will terminate business contracts with President Donald Trump after last week’s insurrection at the US Capitol, Mayor Bill de Blasio announced Wednesday. The Trump Organization is under

The Chairman of Peugeot Automobile Nigeria (PAN) and former member of the House of Representatives, Hon. Ahmed Wadada Aliyu, tuesday foretasted that Nigeria will import used cars and motorcycles worth

The Executive Chairman of Nigeria’s Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami, on Monday said the country lost over $178 billion (about N5.4 trillion) through tax evasion by multinationals

Chinese electric vehicle maker Xpeng Inc said on Tuesday it has secured a credit line of 12.8 billion yuan ($2 billion) from five Chinese banks to expand manufacturing and sales.

Shares of Twitter sank more than 10% on Monday after the social media company permanently banned President Donald Trump from the platform late last week. The tech company suspended Trump’s

The African Development Bank says it is mobilising $6.5 billion in support of the Great Green Wall project, which involves large-scale efforts to stop the Sahara Desert from spreading further

The Coca-Cola Company has appointed Alfred Olajide as its new Vice President and Managing Director for its Nigeria Operations following a reorganization of the Coca-Cola Company’s global leadership structure. Alfred

Oil prices fell on georMonday on renewed concerns about global fuel demand amid strict coronavirus lockdowns in Europe and new movement restrictions in China, the world’s second-largest oil user, after

Analysts have predicted that more commercial banks will soon convert to a holding company (HoldCo) structure as they seek to diversify their revenue and remain competitive in the financial market.

Dangote Industries Ltd has expressed optimism that its cement expansion plan and fertiliser investments will open new trade routes for the company and Nigeria under the African Continental Free Trade

For years as a federal prosecutor in New York, Daniel R. Alonso led teams that had to search through a maze of anonymously owned corporate entities to expose criminal activity.

Hyundai Motor and Apple Inc plan to sign a partnership deal on autonomous electric cars by March and start production around 2024 in the United States, local newspaper Korea IT

The Executive Board of the International Monetary Fund has agreed to raise the medium-term target for the fund’s precautionary reserves given a sharp increase in financial risks since 2018, the

Boeing has agreed to pay $2.5bn (£1.8bn) to settle US criminal charges that it hid information from safety officials about the design of its 737 Max planes. The US Justice

With the commencement of the African Continental Free Trade Area (AfCFTA) agreement on January 1, 2021, analysts and stakeholders have expressed optimism of Nigerian banks readiness, saying the financial sector

South Korea’s Hyundai Motor Co said on Friday it was in early, unspecified talks with Apple after a local Korean broadcaster said the pair were discussing an electric car and

Car maker Volvo Cars said on Thursday its sales grew 6% in December, marking a continued sharp recovery from the lows earlier this year in the wake of the pandemic.

US Treasuries suffered their steepest selloff in months and the S&P 500 index made a record high after Democrat victories in two Georgia races handed them narrow control of the

Nigeria’s First City Monument Bank Limited (FCMB) has appointed Yemisi Edun as the acting Chief Executive Officer of the bank. This followed the decision by the Chief Executive Officer, Mr.

The IHS Markit Eurozone Services PMI was revised lower to 46.4 in December 2020, down from a preliminary estimate of 47.3 and compared with November’s six-month low of 41.7. Output