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Lagos Taps Automation to Boost Revenue and Stamp Out Tax Evasion
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The Lagos State Government has made significant progress in updating its public financial systems by implementing an automated revenue collection platform. The objective of this digital program is to boost openness, reduce losses, and improve revenue gathering throughout different industries. The updated system streamlines income streams, allowing for real-time tracking, easier transactions, and enhanced…
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Samsung Reenters M&A Game with $350M Harman Deal
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Samsung Electronics is set to make one of its most significant moves in almost ten years to enhance its audio capabilities. This strategic maneuver involves its American affiliate, Harman, acquiring the audio unit from U.S.-based company Masimo for $350 million. On May 7, the agreement gave Harman oversight over an upscale collection including brands…
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KongaPay secures three ISO certifications
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KongaPay Technologies Limited, which holds a license from the Central Bank of Nigeria as a mobile money provider, has obtained three ISO certifications, strengthening its role as an industry frontrunner in Nigeria’s fintech space. The firm made this announcement on Wednesday. The certifications include ISO 27001:2022 for Information Security Management, ISO 22301:2019 for Business…
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VFS Global Empowers Cross-Border Mobility with SAP Software
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SAP SE has declared that VFS Global, which stands as the premier supplier of visa, consular, and technological services to governmental bodies and diplomatic missions worldwide, intends to utilize SAP’s software. This move aims at aiding them in crafting cutting-edge digital solutions enhanced with artificial intelligence focused on improving international travel and public sector…
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Sailing Into a New Era of Global Shipping: Unity Sets Sail Worldwide
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L-R: Eric Johan (General Manager, Stena Bulk USA), Mr. Rotimi Makanjuola (Chief Operating Officer, Caverton Offshore Support Group, COSG), Erik Hannel (CEO, Stena Bulk), Mr. Dapo Segun (Chief Financial Officer, NNPCL), Mr. Olabode Makanjuola (CEO, COSG), Mr. Bayo Ojulari (Group Chief Executive Officer, NNPCL), Mr. Mumuni Dangazau (Executive Vice President, Downstream), Mr. Panos Gliatis…
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Canadians Shift $20B to Rival Country, Boycotting U.S. Industry with Joy
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EXPLORE FURTHER: Business in a Canadian Border Town Attributes Closure to Tariff Dispute Canadians are opting out of U.S. getaways and are flocking to the sun-kissed shores of Mexico as an alternative. Numerous Canadians have eagerly participated in this activity. protest against U.S. products and services Following President Donald Trump’s imposition of tariffs on…
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Medicine Supply Soars as Macroeconomic Reforms Take Effect: A Global Perspective
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Addis Ababa, May 10, 2025 (ENA) — According to the Ethiopian Pharmaceutical Supply Service (EPSS), the macroeconomic reforms have notably increased the role of the private sector in supplying medicines within the nation. Since July 2024, Ethiopia has been carrying out extensive macroeconomic reforms aimed at addressing foreign exchange discrepancies, bolstering the balance of…
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Nigeria’s New PAPSS Policy Unlocks Intra-African Trade
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Cairo, Egypt — The Pan-African Payment & Settlement System (PAPSS) happily embraces the recent directive issued by the Central Bank of Nigeria (CBN), which outlines major simplifications in the paperwork needed for PAPSS transactions within Nigeria. The forward-thinking initiative, introduced on April 28, 2025, paves the way for quicker, more economical, and broader involvement…
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Luxury Car Owners Turn Taxis Amid Hunger for Income: An International Edition Exclusive
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Amidst the escalating economic downturn, many Nigerians struggling against mounting inflation, skyrocketing fuel costs, and growing joblessness are resorting to unconventional means for survival. They are taking to the roads with their high-end cars, converting them into cabs to generate immediate income. In this piece, CHIJIOKE IREMEKA delves into how these mobile side gigs…
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Copacabana Lounge Strikes Renewal Deal With Martell: International Edition
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Copacapana The Lounge and Club in Ibadan, Oyo State, has extended its agreement with Martell Nigeria, working alongside Pernod Ricard Nigeria once again. The announcement was made via a statement released by Ahmed Ajibola, who heads up the parent company of Copacapana. As stated, the refreshed pact is anticipated to usher in a fresh…