Business is war.
Britain’s tax collection agency added 29.4 million pounds to its annual payroll between August 2024 and August 2025 as senior positions expanded faster than junior ranks. Her Majesty’s Revenue and Customs employed 66,880 full-time staff by last August, up from 64,580 a year earlier, a 3.6 percent rise that pushed total wages from 287.1 million…
The United States and China have finalized terms for TikTok’s American operations to be transferred to new hands, Treasury Secretary Scott Bessent said on Sunday. Presidents Donald Trump and Xi Jinping will sign off on the arrangement when they meet in Korea this week. The deal gives American and foreign investors 65 percent ownership while…
A Purdue University researcher has warned that African farmers face worsening food shortages as fertilizer prices rise and weather patterns become more unpredictable. Ifeanyi Obinefo told the Agricultural and Applied Economics Association that subsistence farmers cannot afford the nutrients their crops need while droughts and floods arrive without warning. Fertilizer application across sub-Saharan Africa averages…
Arsenal leads the Premier League with 19 points after eight matches, allowing just three goals while scoring 15. Manchester City trails by three points as Erling Haaland has found the net seven times, with Liverpool one point further back. The league has produced 209 goals across 80 games, averaging 2.61 per match. Real Madrid leads…
Lotus Bank has asked a Lagos court to help recover 1.13 billion naira that 718 customers withdrew after a technical problem disabled account controls in July 2024. The bank told Justice Daniel Osiagor that people moved money they did not have when a software fix accidentally let transfers proceed without debiting accounts. The institution sued…
Nigeria’s consumer protection agency praised two court decisions that awarded damages to customers over service failures. The commission said a Lagos judge ordered Multichoice to pay 5 million naira after disconnecting a subscriber who had made a valid payment, while an Enugu court ruled against Peace Mass Transit’s refund ban and awarded 500,000 naira to…
Fishermen from the Sonayon FADAMA Users Group held their first seafood event on Sakogboji Island in Lagos with backing from the Nigerian Export Promotion Council and two major banks. The gathering aimed to prepare fish sellers for international markets by improving preservation methods and expanding banking access. Council official Bolanle Emmanuel told processors they must…
Transnational Corporation reported revenue climbed 39 percent to 413.4 billion naira in its third quarter results, up from 297.7 billion naira a year earlier. The listed conglomerate said profit before tax reached 124.5 billion naira, an 18 percent gain from 105.5 billion naira in the previous year’s period. The firm’s power generation facilities increased output…
Former Communications Minister Isa Ali Ibrahim Pantami has urged Islamic financial institutions to lead the expansion of the digital economy, arguing that their ethical framework suits modern finance. Speaking on Sunday at the Nigeria Muslim Forum’s annual conference in Manchester, he said Islamic banking serves all people through its emphasis on fairness and transparency rather…
The Lower Benue River Basin Development Authority has encouraged farmers and agribusiness owners across four states to adopt irrigation practices for continuous crop production. Managing Director Terese Ninga addressed participants at a three-day training program that concluded on Thursday in Makurdi, during which 60 farmers from Plateau, Benue, Kogi, and Nasarawa states received instruction and…
