Volkswagen, with $192bn debt burden, is world’s most indebted company
Piles of debt almost equivalent to entire nations, like South Africa or Hungary Daimler and BMW also in top 10 with debts of $151bn,
Nigeria consumers pay N444.2bn on utility, subscription in 5 months using digital channels
Charles Abuede Payments of utility bills and subscriptions for various digital channels cost Nigerians and foreigners living in
Domestic flights resumes fully across Nigerian airports
Arik flies to Yola, Kano airports Tuesday Charles Abuede Several of Nigeria’s domestic airlines have announced resumption of
AfDB advances $27.4m to AU for COVID-19 response
Charles Abuede The African Development Bank (AfDB) has approved $27.4 million in grants to spice up the African Union’s (AU) efforts
Professional services, manufacturing lead as VAT generates N651.77bn in H1 2020
Charles Abuede Data from the National Bureau of Statistics (NBS) show that the sum of N651.77 billion was generated as Value Added Tax
Airtel Africa Q2 revenue homes in at $851m, grows 6.9% amid pandemic
Says it is a good start to the year as: Customer base grew by 11.8% to 111.5 million Voice revenue up by 2.2%, data by 35.7% and
Tenants, lessees to pay 6% stamp duty charge on landed properties
Beneficiaries bears tax burden Charles Abuede The Federal Inland Revenue Service (FIRS) has ordered all property owners and agents to
Netflix employees lead Apple, Facebook, Alphabet, eBay’s in revenue per-head, as paying subscribers surge 797%
Charles Abuede Employees at American streaming giant, Netflix, led those of other tech big names, Apple, Facebook, Alphabet and eBay
AfDB signs $400m senior loans for $20bn MozambiqueLNG landmark project
Charles Abuede The African Development Bank (AfDB) said it is involved in a joint partnership with other global syndicates of
Only 22 Nigerian banks have restructured $20bn loans of 35,640 customers
Banking industry gross loans and advances increased by N3.33 billion to N18.9 trillion. Only 41 per cent has been restructured by the