Business

The Minister of Finance, Mrs Zainab Ahmed, on Wednesday refuted media reports that the Federal Government had agreed with the International Monetary Fund’s (IMF) advice on the removal of fuel subsidy.
The minister stated this when she fielded questions from State House

A cryptocurrency firm, Paxful Incorporated , has been accused of defrauding thousands of Nigerians of millions of dollars earned from online trade in digital currencies .
The Estonia- based company allegedly suspended the accounts of its Nigerian subscribers , thereby denying them access to millions of dollars in their online

David Malpass , a senior US Treasury official in President Donald Trump ’s administration , was unanimously chosen Friday as the next president of the World Bank .
The selection of Malpass by the bank ’s board of directors followed an “open , transparent ” nomination process in which citizens

Aliko Dangote, renowned entrepreneur and Africa’s richest man, says northern Nigerian states would remain poor despite the agricultural strength in the states, because they fail to harness the benefit of investing through partnering with private companies.
Dangote, who is a native of Kano State, said the states within the region

Billionaire businessman, Alhaji Aliko Dangote, has significantly moved up in the world billionaires’ list, as he emerged 64th richest person in the world.
Bloomberg, in its annual list of wealthiest people, noted that Dangote now has an estimated networth of $16.6billion and has risen from his previous ranking of 103rd.
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The Federal Inland Revenue Service (FIRS) has sought collaboration with the Nigeria Police Force to go after tax defaulters in 2019.
Babatunde Fowler, the Executive Chairman of FIRS, said this when he hosted the acting Inspector General of Police, Mohammed Adamu, at the FIRS headquarters, on Thursday.
According to a