Business

The Lagos Chamber of Commerce and Industry (LCCI), has praised the Dangote Industries Limited for its giant efforts towards ensuring the provision of basic infrastructure through diverse intervention projects.Dangote Group…

Meta, which owns Facebook, Instagram and WhatsApp, has announced that it will cut 13% of its workforce.Facebook to cut 13% of its workforce In total 11,000 employees are to be laid…

Apple has said it expects fewer iPhone 14 Pro and iPhone Pro Max shipments than previously anticipated as Covid-19 restrictions temporarily disrupt production at an assembly facility in Zhengzhou, China.Apple…

The Delta State Governor, Ifeanyi Okowa, has sent his greeting to Mr. Jim Ovia, the founder of Zenith Bank Plc, who turned 71.Zenith Bank Chairman Dr. Jim Ovia and Delta…

The Toyota automobile company, China, has recalled 14,799 defective Lexus vehicles, according to a statement by the Corps Public Education Officer (CPEO) Federal Road Safety Corps (FRSC), Bisi Kazeem, on…

Elon Musk, who is the current Twitter Boss, has reduced Twitter Verification fee from $20 per month to $8 per month.Twitter Boss and Billionaire Elon Musk announces $8/month for Verification.…

A new policy has been announced by the Central Bank of Nigeria (CBN) which will bring about the complete redesign of Nigeria's currency, the Naira.Reno Omokri (r) takes a shot…

The Central Bank of Nigeria (CBN) has made plans to give the Nigerian currency, the Naira, a new look by redesigning it.Naira NotesThe higher denominations of the Naira will be…

In the face of a record inflation rate, the Central Bank of Nigeria, CBN, within the week, announced the redesigning of Naira’s higher denominations in a bid to take control…

The messaging platform WhatsApp has gone down for users across the UK and around the world.WhatsApp LogoUsers of the platform, owned by Meta, began reporting issues just before 08:00 BST…

The average price of 5kg of cooking gas increased from N4,456.56 in August to N4,474.48 in September.Price of cooking gas skyrockets by "86.62 percent" in just a yearThe National Bureau…

The pound rose against the dollar and government borrowing costs dipped as investors reacted to Prime Minister Liz Truss's resignation.The Pound has raised against the dollar following Liz Truss announcement…

Ghana’s cedi slumped to become the world’s worst-performing currency this year as investors continued to squeeze foreign capital to the west African country before a deal with the International Monetary…

President Muhammadu Buhari has assured that the establishment of a National Carrier for Nigeria is at 91 per cent completion, and is expected to commence flight operations before the end…

The Bank of England has warned of a "material risk" to financial stability as it made a fresh emergency move to try to calm markets.Bank of EnglandIt said it would…

Very popular and busy market in the Lagos Island area of Lagos State was gutted by fire on Sunday morning.Balogun Market in Lagos on fireEyewitnesses disclosed that the fire started…

The management of Dangote Cement Plc has appealed to all its staff and customers to remain calm while the company explores all possible legal steps to address the illegal shutdown…

In its quest to further diversify its economy, the Federal Government of Nigeria has made the decision to explore resources worth $1.5 trillion in the Deep Blue Sea.The United Nations…

Turkish annual inflation climbed to a new 24-year high of 83.45% in September, official data showed on Monday, below forecast, after the central bank surprised markets by cutting rates twice…

The Federal Government will soon officially announce the proposed Ondo Sea Port facility as a Deep Sea Port, to disclose commencement of other processes at the facility, said Mu’azu Sambo, Minister…