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Chinese online retailer JD.com said on Friday that it won a lawsuit against rival Alibaba, which was fined 1 billion yuan ($140.68 million) for monopolistic practices. The High People's Court of Beijing ruled that Alibaba Group Holding…

The Federal Government has listed more motor parks where Nigerians can enjoy 50% rebate on transport fare for return trips during the festive season. They include: I. Lagos – Join from Oshodi Terminal 3 II. Abuja - Join…

The Chairman of the BUA Group, Abdul-Samad Rabiu has said that the company would maintain its promise of selling cement at the price of N3,500 per bag from January 2024. Mr Rabiu said this while speaking with State House Correspondents…

The Corporate Affairs Commission has announced an extension for the submission of companies annual returns from January 1, 2024, to April 1, 2024. This is contained in a statement by the CAC published on its official X handle. The CAC…

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele has said that Nigeria can easily earn N10tn annually through efficient management of its non-oil assets. Oyedele said this in Lagos at…

The Nigerian equities market resumed for this week's trading activities on Wednesday after the two-day holiday to mark the Christmas celebrations. By the close of transactions, the benchmark index declined from 74,023.27 basis points to…

Nigeria-based Riverside LNG says it’s in talks to supply gas to South Africa, in what would be the first such deal between the two countries. The company earlier this year, signed a gas-export partnership agreement with Johannes Schuetze…

Tesla (TSLA.O) is expected to post another record quarter for electric vehicle (EV) deliveries, likely shy of an ambitious 2 million annual internal target that CEO, Elon Musk touted at the beginning of the year. Faced with slowing sales,…

The Central Bank of Nigeria has affirmed the safety of funds in Nigerian banks, emphasising the stability of the country’s banking sector. The apex bank therefore advised the public to continue with their regular banking activities…

The Federal Competition & Consumer Protection Commission, FCCPC has fined the British American Tobacco Nigeria Limited and its affiliate companies the Sum of 110 million dollars. The FCCPC in a statement signed by its management…