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Money makes the world go round, learn about those who spin the wheel

Business

Uganda Deports MTN Chief Executive, Wim Vanhelleputte, Over ‘Security Reasons’

Agency Reports -
Uganda’s security agencies and immigration department have deported the chief executive of the largest telecommunications company in the country, MTN Uganda, over "security reasons". MTN...
Business

Nigerian Government Threatens To Revoke Licenses Of Debtor Oil Firms

Agency Reports -
The Federal Government has warned it would revoke the licenses of oil producing firms that failed to pay up their royalties. Ibe Kachikwu, the minister...
Business

Nigeria’s Federal Tax Agency Announces Crackdown On 85,000 Alleged Tax Evading Millionaires

Wires Editor | The Trent -
Tunde Fowler, the executive chairman, Federal Inland Revenue Service, FIRS, has said that the Service in collaboration with other stakeholders like the Nigeria Police...
Business

Stella Oduah Plans ICT Mall In ‘N6.4 Billion Turnover’ Onitsha Market

News Agency of Nigeria -
Stella Oduah, the senator representing Anambra North, has said that she would build an Information and Communication Technology Mall in Onitsha that will boost...
Business

Nigeria’s Central Bank Provides Fiscal Stimulus For Forex Market

Ima Matthew | Sub Editor -
The Central Bank of Nigeria, CBN, was recently forced to intervene in the interbank foreign exchange market, providing additional fiscal stimulus to the tune of $210...
Business

Nigerians Spent N682 Million In Cinemas During Christmas Holidays

News Desk | The Trent -
For all the talk of "lack of money" which we all heard during the Christmas celebrations, Nigerians spent about N682 million in cinemas between...
Business

Total Begins Production From Nigeria’s Egina Offshore Oil Field

News Agency of Nigeria -
Total SA said on Wednesday, January 2, 2019, that it had started production from the Egina oilfield off Nigeria’s coast, part of a shift...
Business

Apologise And Return Our $2.8 Million – Bankers Warehouse Tells EFCC [DOWNLOAD CBN LETTER]

News Agency of Nigeria -
Bankers Warehouse Limited has asked the Economic and Financial Crimes Commission to apologise and return the $2.8 million seized from two of its staff...
Business

Union Bank Claims Ownership Of $2.8 Million Seized By EFCC At Enugu Airport

Wires | The Trent -
Union Bank, one of Nigeria’s oldest financial institutions, on Friday, December 21, 2018,admitted ownership of a large consignment of cash which anti-graft operatives said...
Business

Facebook Sued By Washington D.C. Over Data Breach Accusations

Wires | The Trent -
The attorney general for Washington, D.C. said on Wednesday, December 19, 2018, the U.S. capital city had sued Facebook Inc for allegedly misleading users...
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