Tag: recession

Debenhams, UK’s 242-Year-Old Department Store Chain Folds Up as Topshop Goes into Administration

The recent global economic recession brought about by the adverse effects of the COVID-19 pandemic has left many companies unable to cope with the costs of survival, as a 242 year-old chain of retailer stores in the United Kingdom, Debenhams, are about to be closed down after efforts […]

Scam Alert: Bank of Industry Warns Nigerians

The Bank of Industry (BOI) has warned citizens of Nigeria to desist from falling victim to an ongoing scam regarding a grant from the Federal Government for small scale industries in the country. In a press release on Saturday, 23rd May, 2020, BOI warned that the people behind […]