Samuel Nwite
AUTHOR: Samuel Nwite
Nigeria Scraps 5% Telecom Excise Duty As Petroleum Tax Set to Take Effect
The Federal Government has abolished the 5% excise duty previously imposed on telecommunications services, a policy reversal that officials say will ease cost pressures...
Dangote Refinery to Begin Direct Petrol Supply at N820/Liter, Launches in 11 States September...
The Dangote Refinery has announced it will commence direct supply of petrol across the country on September 15, with an ex-gantry price fixed at...
OpenAI Reaffirms Nonprofit Control, Secures $100bn Equity Stake Amid Microsoft Partnership Talks
OpenAI on Thursday announced that its nonprofit parent will continue to oversee the company and hold an equity stake exceeding $100 billion, making it...
U.S. Inflation Surprises on the Upside in August as Jobless Claims Jump, Complicating Fed...
U.S. consumer prices rose faster than expected in August, while weekly jobless claims accelerated sharply, presenting the Federal Reserve with a mixed and politically...
GTCR Clinches $4.8bn Deal to Acquire Zentiva from Advent International
Private equity heavyweight GTCR has agreed to acquire Czech generic drugmaker Zentiva from Advent International in a deal worth €4.1 billion ($4.8 billion), the...