Commerce
Facebook investors, shrugging off election woes, look for ‘social commerce’ payday
Facebook Inc may face questions about fallout from U.S. election controversies when it posts earnings on Wednesday, but top of mind for investors is a less political matter: the company’s heavy bet on e-commerce to drive ad sales.
LCCI: Joe Biden’s administration will usher in new global economy dispensation
The Lagos Chamber of Commerce and Industry (LCCI) has said that the administration of Mr Joseph Biden, the 46th elected U.S President, would usher in new dispensation for global economy.
Lagos chamber projects positive economic recovery by Q2
The Lagos Chamber of Commerce and Industry (LCCI) has projected a return to positive growth path for the Nigerian economy in the second quarter of 2021.
Bauchi governor’s principal secretary resigns
Professor Mohammed Kirfi, the Principal Private Secretary to the Bauchi State Governor, Bala Mohammed, has resigned his appointment.
Osun governor launches juice production company in Osogbo
Osun State Governor, Mr Adegboyega Oyetola, on Friday inaugurated the construction work of a juice production company at the Omoluabi Free Trade Zone, Osogbo.
Amazon to hike fees for Spanish users after new digital tax
Countries around the world are examining ways to tax global tech companies on revenues generated in their economies in the absence of wider agreement on how to tackle their growing role in business and commerce.
Ondo government trains 350 enumerators on coronavirus pandemic loan disbursement
The Ondo State Government (ODSG) has started training no fewer than 350 enumerators that will be monitoring and inspecting those who will be given various loans meant to cushion the effects of COVID-19 pandemic under Nigeria-Cares (N-Cares) Project.
Lagos vows to curb sharp practices in cooperative societies
Commissioner for Commerce, Industry and Cooperatives, Dr. Lola Akande gave the warning at the maiden matriculation of the Lagos State Cooperative College’s first diploma programme held at the Johnson Agiri campus of the school in Agege, Lagos.
President Buhari swears in members of CCB, PSC
President Muhammadu Buhari has sworn in three members of the Code of Conduct Bureau (CCB) and a member of Police Service Commission (PSC).
AfCFTA: Nigeria Customs awaits NAC directives on tariffs, waivers
The Nigeria Customs Service (NCS), yesterday stated that it is waiting for clear directives from the National Action Committee (NAC) on implementable tariffs for all goods covered by the African Continental Free Trade Area (AfCFTA) agreement.
Donald Trump grants clemency to 143 people, but not himself or family members
President Donald Trump, who has repeatedly used his clemency authority as a political tool rather than an act of mercy, issued a final wave of pardons and commutations on his last night in office, delivering relief for a mix of beneficiaries that included former strategist Stephen Bannon, Republican Party and Trump fundraiser Elliott Broidy, and former Detroit Mayor Kwame Kilpatrick, found guilty in 2013 of corruption charges.
Nigerian government to partner Ekiti chamber to spur economic activities
The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, has promised to partner with the Ekiti Chamber of Commerce, Industry, Mines and Agriculture to boost commerce and industry in Ekiti State.
ACFTA: We need clear tariffs directives – Customs
The Nigeria Customs Service (NCS) has said that it needed clear directives on tariffs on goods covered by the African Continental Free Trade Agreement (ACFTA).
India plans foreign investment rule changes that could hit Amazon
India is considering revising its foreign investment rules for e-commerce, three sources and a government spokesman told Reuters, a move that could compel players, including Amazon.com Inc, to restructure their ties with some major sellers.
PDP: Senator Martins Kuye’s demise a colossal national loss
The Peoples Democratic Party, PDP, has expressed sadness over the death of one of its founding members and former Minister of State for Finance, Senator Jubril Martins-Kuye, describing his demise as a colossal national loss.
President Buhari mourns former minister Martins Kuye
President Muhammadu Buhari, on Sunday, mourned a former Minister of Commerce and Industry, Jubril Martins-Kuye, who died earlier in the day.
Ogun APC mourns Senator Martins Kuye
The All Progressives Congress, Ogun State Chapter, has expressed “deep sadness” over the demise of former Minister of Commerce and industries who was also a former distinguished Senator who represented the Ogun East Senatorial District, Senator Jubril Martins Kuye; describing his death as “the passing away of one of Ogun’s finest politicians.”
Ex-finance minister Jubril Martins-Kuye is dead
Family sources told newsmen on Sunday that Mr. Martins-Kuye passed on on Sunday morning in his hometown of Ago-Iwoye. He was 78.
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Sunday Igboho: I’m coming for killer herdsmen in Ogun
Yoruba activist, Sunday Adeyemo popularly known as Sunday Igboho, has declared Ogun state will be his next destination to flush out criminal herdsmen.
IMF: Coronavirus vaccines rollout gives global economy fresh prospects
The International Monetary Fund has said that the approval and rollout of vaccines have boosted expectations of a global recovery and lifted risk asset prices, despite rising COVID-19 cases and softening economic activity, not only in late 2020 hope of greater prospects in 2021.
Nigerian government to shutdown Third Mainland Bridge for another 72 hours delicate repairs from...
The Federal Controller of Works Lagos, Mr Olukayode Popoola, on wednesday announced another three days of total shutdown of the Third Mainland Bridge for another round of delicate expansion joints replacement.
U.S. warns of heightened domestic terrorism threat after presidential inauguration
The advisory follows the storming of the U.S. Capitol on Jan. 6 by supporters of then President Donald Trump in which five people were killed, and the inauguration of Joe Biden as president last week amid heightened security in locked-down Washington.
Edo: Armed herdsman shot dead in gun duel with vigilante
An early morning gun duel between members of a vigilante and armed herdsmen in Esan South East Local Government Area of Edo State yesterday claimed the life of one of the herdsmen.
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At least 11 killed after fighting erupts in Somalia’s Jubbaland – doctor
At least 11 people were killed on Monday after fighting broke out between the Somali federal army and Jubbaland state forces in the Gedo region of southwestern Somalia, a local doctor told Reuters.
Alex Iwobi ruled out of Everton’s FA Cup clash vs Sheffield Wednesday
The Nigeria international, who has featured regularly for the Toffees this season is however expected to return for the club’s next game against Leicester City.
West Brom favourite to sign Ahmed Musa – agent
The agent of Super Eagles captain Ahmed Musa admits a move to England is likely.
EU should punish Vladimir Putin for Alexei Navalny arrest by cutting money flows –...
The European Union should punish Russian President Vladimir Putin for the arrest of Kremlin critic Alexei Navalny and thousands of his supporters with targeted financial sanctions, the leader of the bloc’s largest political alliance said on Sunday.
Ekiti governor commissions FarmKonnect’s N5 billion African biggest snail farm
Ekiti State Governor, Kayode Fayemi, has commissioned a N5 billion snail farm in the state.