Tag Archives: market

The Kwanar Gafan Tomato Market in Garun Malam Local Government Area of Kano State has been indefinitely closed following allegations of illicit activities, including prostitution, adultery, homosexuality, and other immoral behavior within and around the market.   The local government chairman, Hon. Barr. Aminu Salisu Kadawa, confirmed the closure, emphasizing the need to restore order. “Looking at how the market …

Earlier this year, Direct Line rejected two takeover bids from the Belgian insurer Ageas where the second offer valued the firm at £3.2bn, which Direct Line branded as “unattractive” offer for shareholders. ADVERTISEMENT Aviva has agreed to pay £3.7bn for rival company (€4.5bn) in time for the Christmas Day deadline. The deal will pave the way for the combined group …

Far-right protesters in Germany called for mass deportations on Saturday night, Dec. 21, amid outrage over a recent attack.  Five people were killed and several dozen more were injured earlier this week after a car ploughed into a busy Christmas market.  The suspect, a doctor from Saudi Arabia, identified as Taleb al-Abdulmohsen, remains in custody over multiple charges of murder.  …

The National Drug Agency for Food and Drug Administration and Control NAFDAC has shut down 150 shops at Eziukwu Market, Aba, Abia State, during a two-day operation on December 16 and 17, 2024.    The team uncovered large-scale production and distribution of fake and expired goods, including beverages, carbonated drinks, wines, spirits, vegetable oils, and revalidated food items such as …

The FCA has launched a consultation on the proposed launch of a new private stock market called Pisces. Here’s a look at how it would work. ADVERTISEMENT If successful, the new private stock market could generate a pipeline of companies for a full IPO on a public market in the future. However, there will be restrictions on who can buy …

Global markets saw a slide in weekly performance due to rising government bond yields, following the US inflation data release and the ECB’s hawkish rate cut. ADVERTISEMENT The rally on the European stock markets stalled, with a flat weekly performance, due to rising global government bond yields. The US CPI data for November showed that inflation rose for the second …

The Dutch government is rolling out a law to cap excessively high rental costs. Economists are divided on the subject. ADVERTISEMENT Speak to housing experts in the Netherlands and many will paint you a gloomy picture. As in other EU countries, rental costs are skyrocketing, supply is constrained, and homeownership remains unattainable for many. According to the most recent data …

The world’s largest supplier of car parts has been hit by weak demand, strong Chinese competition and slow transition to EVs. ADVERTISEMENT Bosch has revealed it is likely to cut more jobs at its German plants than previously anticipated. The industrial giant’s car supplier arm believes between 8,000 and 10,000 jobs are at risk, according to the group’s vice chairman …

Netflix has reportedly exited the Nigerian market as the country’s economy records further collapse.  Film maker Kunle Afolayan seemingly confirmed this as he revealed that Netflix has cancelled previously commissioned projects.  The streaming giant recently cancelled its Nigerian Originals and an executive reportedly cited cases where the film studios had no electricity and had to rely on generators on set.  …

Following the news of Prime Video’s exit from Nigeria, Netflix has been rumoured to have left quietly for a while now. Netflix has been a game-changer in how Nigerians consume entertainment. From thrilling Nollywood originals to Hollywood blockbusters, the platform has been our go-to for endless binge sessions, date nights, and even family bonding. But recently, whispers have been circulating: …