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GDPR Penalties Escalate As EU Officials Crack Down
Fines levied under the General Data Protection Regulation (GDPR) jumped almost 40 percent in the past 12 months as European Union (EU) regulators ...
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UK To Require Companies To Pay Small Businesses In 30 Days
The U.K. government is looking to crack down on companies that take too long to pay suppliers, according to a report from the Financial ...
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IMF Head Calls For Resources To Help Indebted Countries
Pointing to shaky economies worldwide and an increasing divide between poor and rich countries, Kristalina Georgieva, head of the Washington, D.C.-based International Monetary Fund (IMF), said ...
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FGN directs Tax Authority, other MDAs to ensure strict compliance of tax payment by foreign firms
The Federal Government of Nigeria has directed the Federal Inland Revenue Services (FIRS) and other related government agencies to ensure strict compliance of ...
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FGN sustained use of direct monetary financing could raise risks to macroeconomic stability – Fitch
The Federal Government of Nigeria’s repeated recourse to its Ways and Means facility with the Central Bank of Nigeria highlights weaknesses in public ...
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TNG Digital Reportedly Seeking to Raise US$150 Million
TNG Digital, the e-wallet operator that was formed as a result of a joint venture between CIMB Bank and Ant Financial, is reportedly ...
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World’s biggest asset manager provides Bitcoin to clients
The world’s largest asset manager, BlackRock Inc is adding bitcoin futures as an eligible investment asset class according to a recent filing by ...
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Citigroup Declares Common Stock Dividend; Citigroup Declares Preferred Dividends
The Board of Directors of Citigroup Inc. early this week declared a quarterly dividend on Citigroup’s common stock of $0.51 per share, payable ...
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January 2021 FGN Bond records oversubscription of N88.3 billion
The January 2021 FGN bond offer has received a total bid of N238.28 billion across all tenors, indicating it was oversubscribed by approximately ...
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Elon Musk to Offer $100-Million Prize for ‘Best’ Carbon Capture Technology
Tesla chief and billionaire entrepreneur Elon Musk, took to Twitter early this week to promise a $100-million (roughly Rs. 730 crores) prize for ...