AFRICA is haemorrhaging $88.6bn every year due to corruption and illicit financial flows, a figure that now amounts to 3.7 percent of the continent’s total GDP. That was the grim revelation made by the Economic Community of West African States (ECOWAS) at…
A NIGERIAN make-up artist has been sentenced to six months in prison for abusing the country’s currency by ‘spraying’ naira notes at his wedding — an act that’s now at the centre of growing controversy. According to a report by the BBC, the man,…
Air Peace has introduced a new boarding system to provide a smoother, more professional travel experience for passengers with special needs, military personnel, and Business Class travellers. Air Peace Chairman and CEO, Dr Allen Onyema, confirmed this in a statement…
Mr Peter Obi, Labour Party Presidential candidate in the 2023 general elections, on Tuesday mourned Dr Pascal Dozie, Founder of Diamond Bank and a renowned Nigerian entrepreneur and business morgul. Obi a former governor on Anambra, in his condolence…
THE United States has increased its military campaign against sites of the Houthi forces in Yemen, conducting 22 airstrikes across northern Yemen early Tuesday. This latest wave of strikes reportedly targeted eastern and southern areas of the capital, Sanaa,…
PRESIDENT Bola Tinubu has expressed his heartfelt condolences to the family, business community, and all Nigerians following the passing of Chief Pascal Dozie. The News Agency of Nigeria (NAN) reports that the elder statesman, entrepreneur, and banker died at…
CHINA has updated its tax refund policy for foreign tourists, shifting from a refund-upon-departure policy to a refund-upon-purchase model, the State Taxation Administration (STA) says. The STA said on Tuesday that under the new refund-upon-purchase policy, foreign visitors could instantly…
THE U.S. government has defended President Donald Trump’s decision to impose a 14 per cent tariff on Nigerian exports, citing trade barriers created by Nigeria’s restrictions on 25 categories of American goods. Trojaninsights recalls that last week, Trump announced new tariffs…
THE founder of the defunct Diamond Bank Plc and former chairman of MTN Nigeria, Pascal Dozie, has passed away at the age of 85 following an undisclosed illness. Dozie, a renowned banker, was the architect behind the establishment of Diamond…
CHINA faced a deadline Tuesday to roll back the reciprocal tariff it imposed on the U.S. or face an additional 50% levy. CLICK HERE TO JOIN STANDARDDAILYPRESS WHATSAPP CHANNEL NOW
