Business

Lagos Mandates Operators Of Lottery, Pools & Betting Companies To Pay N20m For License Fee

Lagos State House of Assembly has proposed a bill mandating operators of lottery, pools and betting companies to pay N20…

Air Peace Sacks Over 70 Pilots, Cuts Salaries By 40 Percent Due To Effect Of Coronavirus Pandemic

Nigeria’s major carrier, Air Peace, on Monday sacked over 70 pilots across its fleet and reduced staff salaries by about…

Shoprite Announces Plans To Leave Nigeria After 15 Years Of Operation

South Africa’s grocery retailer, ShopRite is leaving Africa’s biggest market, Nigeria, 15 years after it opened shop in the West…

World’s Richest Man, Jeff Bezos Made $13 Billion In A Single Day, He’s Now Worth $189.3 Billion

The owner of Amazon, Jeff Bezos added $13 billion to his net worth on Monday, the largest single-day jump for…

Jeff Bezos Set To Become World’s First Trillionaire Due To Coronavirus Spike On Amazon

A recent survey by Comparisun indicates that Amazon CEO, Jeff Bezos, could become the world’s first trillionaire by 2026. The…

Access Bank Plans To Cut Staff Salaries, Lay Off 75% Of Its Workers Due To COVID-19 Distress

Access Bank Plc plans to cut salaries and lay off 75% of its staffs due to the COVID-19 distress that…