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faith Jegede

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Pandora Papers: New UK Law To End Secret Property Investments By Nigerians, Others

A new law in the United Kingdom is requiring offshore companies investing in its property market to declare their beneficial owners, promising to reverse...

faith Jegede -

Communications

Snap To Cut 20% Of Staff, Cancel Projects In Cost Cutting Effort.

Social media app, Snap Incorporated has announced that it will lay off 20% of all staff and shut down projects, including mobile games and...

faith Jegede -

Global News

U.S. Bans Sales Of Top Nvidia AI Chips To China

Chip designer Nvidia has said the U.S. government is banning it from selling two of its top AI chips to China over national security...

faith Jegede -

Global News

Italian Ceramics Factory Works Early To Save Energy

It’s not all the time that the sun rises before employees at the ‘Ceramiche Noi’ ceramics factory. As energy prices across Europe soar, the factory,...

faith Jegede -

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Senate Passes Tax Reform Bills For Second Reading

The Nigerian Senate has passed President Bola Tinubu's tax reform bills for a second reading, marking a significant step toward overhauling the nation's tax framework. The bills, submitted in October 2024, aim to modernize tax administration and reduce disputes. Following a closed-door session that lasted about an hour,...

Nigeria Secures $1.27bn from BRICS in 2024 – Shettima

Vice President Kashim Shettima has revealed that Nigeria received $1.27 billion in foreign capital from BRICS nations by June 2024, a significant increase compared to $438.72 million during the same period in 2023. The BRICS bloc includes Brazil, Russia, India, China, and South Africa, along with new...

UK Launches Africa’s Largest Visa Application Centre in Lagos

The United Kingdom has inaugurated its largest Visa Application Centre (VAC) in Africa, located in Ikeja, Lagos. Operated by VFS Global, this new facility is a major advancement in improving visa application services for Nigerians traveling to the UK. According to a statement from the British High Commission...