Business

Flight Disruption Looms As Traffic Controllers Begin Strike Over Death Of Colleague

The Federal Government has hinted that it may explore an out-of-court solution to the lingering legal battle between its agency, Federal Inland Revenue Service, and Rivers and Lagos states over the collection of Value Added Tax.

Elon Musk has sold shares on his company’s stock worth $5 billion (£3.73 billion) after promising to abide by a Twitter poll.

MTN Nigeria and Airtel Africa have secured approval in principle to operate a payment service bank (PSB).

Leaders of the G20 world’s major economies approved a global minimum tax on the largest companies on Saturday, but were still haggling over the pressing issue of climate change.

NATIONAL President, Ijaw National Congress, INC, Prof Benjamin Okaba, has said the proposed Bill to delete Section 162, subsection 2 of the 1999 Constitution, which deals with derivation principle by 59 northern Members of House of Representatives, was an invitation to chaos.

The Economic and Financial Crimes Commission, EFCC, today October 18, 2021, re-arraigned two British nationals, James Richard Nolan and Adam Quinn (at large), before Justice D.U. Okorowo of the Federal High Court, Abuja for their alleged complicity in the controversial Process and Industrial Development gas processing contract, leading to the $9.6bn arbitral award to P&ID Limited by a United Kingdom commercial court.

US pharmaceutical giant Merck said Monday that it has applied for emergency use authorization of its oral anti-Covid drug in the United States, a major step towards finding a simple pill to treat the disease.

British Airways follows a powerful string of airlines, in a bid to make its vocabulary more inclusive as well as celebrating diversity, and has consequently advised its pilots and cabin crew to drop gender normative terms such as “ladies and gentlemen”.

Former Anambra State Governor and Peoples Democratic Party Vice Presidential Candidate in 2019 election, Mr. Peter Obi, has reacted to a media report that he breached Nigerian laws by engaging in secret businesses set up in tax havens, declaring that he broke no law.