Browsing Tag
Business
65 posts
Derby County Investment Scrapped as Turki Alalshikh Withdraws Bid
Saudi official Turki Alalshikh has withdrawn his bid to invest in Derby County, citing timing constraints following the regulatory approval process. The club has announced it is no longer for sale.
Manufacturers Association of Nigeria reports ongoing struggles with redundant taxation
The Manufacturers Association of Nigeria reports that the Nigeria Tax Act 2025 has failed to stop the practice of multiple taxation on businesses.
Minister Musa praises modernization of Alaba International Market
Defence Minister Gen. Christopher Gwabin Musa (retd.) celebrated the transformation of Alaba International Market, highlighting its impact on economic growth, innovation, and national development during a special event in Lagos.
Supermac’s Fails in EU Trademark Bid Against McDonald’s
The EU intellectual property board has rejected an attempt by Irish chain Supermac's to register its name as an EU trademark, citing a high likelihood of consumer confusion with the McDonald's Big Mac brand.
Businesses anticipate a drop in loan interest rates within three months
A recent survey by the Central Bank of Nigeria reveals that businesses expect a slight decline in borrowing costs over the next three months despite current financial pressures.
Manufacturing sector optimism rises despite ongoing economic hurdles
Nigerian manufacturers report increased confidence in the second quarter of 2026, though operational challenges like high interest rates and power deficits persist.
Lagos Authorities Close 12 Businesses for Environmental Non-Compliance
LASEPA closed 12 businesses in Apapa and Ijora for repeatedly ignoring environmental regulations despite prior warnings.
LIV Golf finds new lead investor to secure its future starting in 2027
LIV Golf has signed a new lead investor to ensure its future beyond the 2026 season following the withdrawal of Saudi Arabian financial support.
Disney Partners with TikTok to Feature Movie Clips
Disney has established a unique partnership with TikTok that allows users to integrate clips of iconic films and characters into their content.
Nick Knowles joins Cornish Pirates as new shareholder
TV host Nick Knowles has become a shareholder in the Cornish Pirates, contributing to the club's long-term goal of reaching the Premiership.