news

  • IHC Overrules Registrar’s Objections: PTI Founder and Spouse Advance in £190M Case

    On Thursday, the Islamabad High Court (IHC) dismissed objections raised by the Registrar’s office regarding the appeal filed by PTI founder Imran Khan and his wife, Bushra Bibi, requesting the suspension of their sentencing in the 190 million-pound case. A division bench consisting of Acting Chief Justice Sardar Sarfraz Dogar and Justice Muhammad Asif…

  • Sindh Cracks Down on Restaurants Evading Taxes by Refusing Card Payments

    The Sindh government has resolved to implement stringent measures against eateries, shopping centers, cafes, and biryani outlets that decline to accept debit/credit card transactions from customers. To enforce this, the Sindh Consumer Protection Authority within the Bureau of Supply Prices has initiated actions by serving warnings to notable restaurants in Clifton such as Karachi…

  • Stock Market Plummets: Another 6,482 Points Lost in Global Shake-Up

    On Thursday, the 100-index of the Pakistan Stock Exchange (PSX) experienced a downturn, shedding an additional 6,482.21 points—a decline of 5.89%. It finished at 103,526.82 points compared to the previous session’s close of 110,009.03 points. During the day, a total of 653,550,383 shares were exchanged compared to 550,076,224 shares from the prior trading session.…

  • Chinese Star Vicki Zhao’s Former HK Home Stalls Sale Despite Big Discount

    A high-end duplex apartment previously owned by Chinese actress Vicki Zhao and her former husband, Huang Youlong, did not receive any offers at an auction even though it was listed with a 32% reduction. The present owner of the apartment set a starting bid of HK$49 million (US$6.3 million) during an auction handled by…

  • Dollar Climbs Against Dong in International Markets

    On Friday morning, the U.S. dollar saw a slight increase against the Vietnamese dong and key currencies. At Vietcombank, the U.S. dollar was sold for VND26,160, marking an increase of 0.04% compared to Thursday’s rate. On the unofficial market, the dollar dropped by 0.13%, trading at VND26,475. The State Bank of Vietnam increased its…

  • NEPC and NBS Ink Pact for Enhanced Data Capture

    The Nigerian Export Promotion Council (NEPC) and the Nigerian Bureau of Statistics (NBS) have entered into an agreement through a Memorandum of Understanding (MoU) aimed at streamlining data gathering related to Informal Cross Border Trade. At the signing ceremony conducted in Abuja, Nigeria’s capital city, Nonye Ayeni, who serves as the executive director and…

  • Tomato “Ebola” Threatens Nigeria’s Agricultural Sector – Rewane

    Speaking on Channels Television In the ‘Business Morning’ program on Thursday, Rewane highlighted that the effects of the outbreak go well beyond tomatoes, causing a ripple in costs throughout the entire food market. An rise in the price of tomatoes triggers cost elasticity, causing the prices of alternative products such as carrots, tomato paste,…

  • Fed Acknowledges Stagflation Risks: deVere Warns Investors Must Act Swiftly

    The Federal Reserve has finally voiced what was previously unspoken: stagflation is not merely a remote possibility but a distinct and immediate concern. For several months, officials have skirted the issue. But now, they’ve shed their reservations. Here is Nigel Green, the CEO of leading financial advisory firm, presenting his analysis. deVere Group following…

  • Senate Approves Final Two Pieces of Tax Reform Legislation

    ABUJA – On Thursday, the Senate, during a full session, approved the remaining two out of four Tax Reform Bills, after passing the first two on May 7. Remember, the two bills that have been approved are the Joint Revenue Board Establishment Bill 2025 and the Nigerian Tax Bill 2025. The passage ensued after…

  • Lagos Sets 2025 Public Service Exam Dates: Official Confirmation

    The Lagos State Government has verified that the 2025 public service exams will proceed according to schedule, running from May 13 through May 19 at the Public Service Staff Development Centre (PSSDC) located in Magodo. Mr. Oluwadamilola Adebayo Orunsolu, the head of the state Examination Board, stated in an official announcement that all registered…