Management at German automotive giant Volkswagen will face a tense and fearful workforce at a meeting in its headquarters on Wednesday as it proposes painful cuts, including...
Bill Gates, co-chair of the Bill and Melinda Gates Foundation, has stated that Nigeria’s tax collection rates are poor, causing issues for financing important sectors such...
Polestar firm an Electric vehicle maker said on Tuesday it has appointed former Stellantis finance executive Jean-Francois Mady as its CFO, days after replacing long-time CEO...
May & Baker Nig. Plc. is set to launch Rofeda, a new bitter leaf capsule developed by a Nigerian professor to be commercialized through the company’s...
The Presidential Committee on Fiscal Policy and Tax Reforms has recommended an upward review of the Value Added Tax (VAT) from the present 7.5 per cent....
Tensions escalated between Brazil and Elon Musk’s business empire on Monday (September 02), as the country’s telecom regulator threatened to sanction his satellite broadband company, Starlink....
Beginning in September, the Dangote oil refinery will supply the Nigerian market with 25 million liters of petrol per day. The Nigerian Midstream and Downstream Petroleum...
Volvo is planning to launch an electric truck with upto 600 km on one single charge. That’s how far Volvo’s next-generation heavy-duty electric truck will be...
Tesla Inc. is reportedly planning to produce a six-seat version of its Model Y SUV starting next year in China. The new variant of Tesla’s best-selling vehicle...
Aliko Dangote, a billionaire businessman, has stated that the use of naira for crude will lower demand for foreign exchange by 40%. He said this on...
