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Business

Chinese Yuan and US Dollars

China’s holding of U.S. treasuries tumbles

According to data released Wednesday, Chinese holdings dropped to $1.003 trillion in April, down $36.2 billion from $1.039 trillion the…

Nigeria’s inflation shoots up to 17.71 percent in May

This is 0.89 percent higher than that of April which stood at 16.82 percent.
UAE announces exit from OPEC, OPEC+

Nigeria, 6 others drop in oil production – OPEC

It showed that total OPEC-13 crude oil production averaged 28.47 million barrels per day (mb/d) in May 2022, lower by…

Dangote Sugar Rewards Shareholders with N12.147bn Dividend

Dangote Sugar Refinery Plc has restated its commitment to the achievement of Sugar Backward integration projects, describing it as the…
Dangote Group at forefront of job creation - LCCI

BIRS unseals Dangote Cement Company

The administrative offices of Jos Disco remained sealed in the state over an N433 million tax default.
Warner Bros Discovery Inc

Warner Bros Discovery to cut nearly 1,000 ad sales jobs

Warner Bros on Tuesday started offering members of its U.S. advertising sales team an opportunity to voluntarily leave the company,…
Ex-minister of petroleum, Dan Etete

Nigeria loses $1.7B claim against JP Morgan Chase

According to Nigeria, the transactions put JP Morgan in breach of its Quincecare duty, which obliges banks to disregard a…
Twitter imposes restriction on number of tweets to read per day

Elon Musk meets Twitter employees

The meeting is scheduled for Thursday, and Musk will take questions directly from Twitter employees, the source added.
Nigeria mulls regulation of social media over ritual killings

Nigeria issues new code of practice to Twitter, Tik Tok, Facebook, Instagram, others

The code requires Internet platforms to “register with the Corporate Affairs Commission (CAC) and appoint a designated country representative to…
VFS Global

VFS Global reports key sustainability achievements in 2021, sets higher targets 

VFS Global, the world's largest outsourcing and technology services specialist for governments and diplomatic missions worldwide has documented its achievements…
Some Nigerian products

Made-in-Nigeria products in hot demand in Morocco

“Nigerian products are massively in demand; if you go from Seme to Cotonou in Benin Republic, Togo, Ghana, Ivory Coast,…
McDonald's in Russia now Vkusno & tochka

McDonald’s in Russia reopens with new name

Sunday marks a new dawn for Russia's fast-food lovers as restaurants formerly run by the hugely popular Western fast-food chain…
U.S. gasoline price hits historic level

U.S. gasoline price reaches historic level

High gasoline prices are a headache for President Joe Biden and congressional Democrats as they struggle to maintain their slim…
Tesla

Tesla to seek investors’ approval for 3-for-1 stock split

Tesla said the split would enable its employees to "have more flexibility in managing their equity" and make its stock…
eNaira

CBN to introduce USSD code to improve eNaira

The introduction of the USSD code became necessary to improve financial inclusion in the country and to ensure people without…
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