Business

Shockwaves at Meta: 4,000 workers axed despite ‘glowing’ reviews

Kazeem Ugbodaga

1 year ago

CEO Mark Zuckerberg had warned of a tougher stance on performance management, echoing Elon Musk’s no-nonsense approach.

MTN hikes prices of data, SMS

Paul Dada

1 year ago

Other mobile operators comprising Airtel, Globacom, and 9mobile are yet to update their data prices as at the time of…

Reps slam brakes on ‘Insane’ 50% Telecom Tariff increase amid hardship

Kazeem Ugbodaga

1 year ago

Other lawmakers echoed these sentiments, with Edo State’s Billy Osawaru condemning the move, questioning why economic hardships always seem to…

CBN slaps Nigerians with higher ATM charges, scraps free withdrawals

Kazeem Ugbodaga

1 year ago

However, customers withdrawing from ATMs located at bank branches will now be charged ₦100 per ₦20,000 withdrawn.

Nigeria records $5.45bn increase in 2024 export trade – NEPC

Ayorinde Oluokun

1 year ago

Dr Nonye Ayeni, Executive Director of NEPC, made this statement during the Ministry of Industry, Trade, and Investment’s retreat for…

Access Holdings unveils AccessGive to cement Herbert Wigwe’s legacy

Kazeem Ugbodaga

1 year ago

Access Holdings PLC has unveiled AccessGive, a new philanthropic platform dedicated to advancing the legacy of the late Herbert Wigwe.…

FCCPC floors MTN in court

Paul Dada

1 year ago

It said, “No personal data was requested, and MTN’s obligation to disclose information in the public interest is a legitimate…

NECA offers panacea to unemployment crisis

Isa Isawade

1 year ago

According to him, Nigeria must move beyond the traditional focus on university degrees and invest more in technical skill development.

Lagos unveils ₦1.052 trillion Infrastructure blitz in 2025 Budget

Kazeem Ugbodaga

1 year ago

This revenue includes ₦2.230 trillion from Internally Generated Revenue (IGR), ₦111.839 billion from capital receipts, and ₦626.137 billion from federal…

NPA defends plan to jack up tariffs by 15%

Ayorinde Oluokun

1 year ago

This was the first time the Nigeria Ports Authority would be reviewing its rates since 1993.

NNPC Ltd/First E&P JV achieves 96% reduction in routine gas flaring

Ayorinde Oluokun

1 year ago

The reduction in AG flaring aligns with the regulatory framework set forth by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC),…

Okiki Oludare Announces Ride-Hailing App Will Rollout in 3-4 Months

Michael Adesina

1 year ago

By Taiwo Adesanmi Entrepreneur Okiki Oludare, has officially announced that KS Enterprise’s new venture into tech—their Uber-like ride-hailing app—will roll…

9mobile loses 6,079 subscribers in two months

Paul Dada

1 year ago

The NCC report also showed that for outgoing porting activities for November 2024, 9mobile was the biggest loser, as 3891…

9mobile loses over 6000 subscribers in two months – NCC Report

Ayorinde Oluokun

1 year ago

According to the NCC’s report, out of a total of 2998 subscribers which moved from one network to another in…

Ecobank splashes N42m on customers in ‘Millionaire Geng’ Promo

Kazeem Ugbodaga

1 year ago

A breakdown of the rewards revealed that 520 customers won N50,000 each in monthly draws, 16 customers received N500,000 each…

Naira ends week stronger against dollar

Ayorinde Oluokun

1 year ago

This represents a 0.7 per cent increase compared to the previous day’s trading figure on Thursday, when the local currency…

Lagos sets the pace! Sanwo-Olu vows to lead Africa’s Energy Transformation

Kazeem Ugbodaga

1 year ago

Highlighting the capital market’s role in unlocking new investment channels for the power sector, the governor underscored the need for…

Market capitalisation gains N347bn as FCMB lists shares

Ayorinde Oluokun

1 year ago

Notably, the market capitalisation, which opened at N64.521 trillion, rose by 0.54 per cent or N347 billion to close at…

NNPC Ltd, Partners launch 5 mini LNG plants in Kogi

Ayorinde Oluokun

1 year ago

NNPCL is constructing the gas plants in partnership with PRIME LNG, NGML/Gasnexus LNG, BUA LNG, Highland LNG and LNG Arete.…

Naira further gains by 0.78% against dollar

Paul Dada

1 year ago

CBN also unveiled the Nigeria Foreign Exchange (FX) Code, aimed at sanitising the banking industry to promote ethical conduct.

Investors pocket N364bn as NGX ends Bullish

Kazeem Ugbodaga

1 year ago

Similarly, the All-Share Index (ASI) rose by 591 points or 0.57 per cent to settle at 104,549.74 from 103,958.75 recorded…

NAFDAC shuts notorious fake wine production hub, Aba Cemetery market, for clean-up

Ayorinde Oluokun

1 year ago

In the statement issued in Abuja, the NAFDAC boss said the shit down of the market was a decisive move…

Naira appreciates at official market

Ayorinde Oluokun

1 year ago

The Naira has enjoyed relative stability against the US dollar since Dec. 2024 following the introduction of the Electronic Foreign…

CBN unveils new FX code to reform forex market

Ayorinde Oluokun

1 year ago

Speaking at the event in Abuja, Cardoso said the FX Code would establish clear and enforceable standards for ethical conduct,…

NEITI targets $6bn, N66bn recovery from Oil giants in transparency push

Kazeem Ugbodaga

1 year ago

Orji stated that NEITI is collaborating with the Economic and Financial Crimes Commission (EFCC) to recover the funds.

Nigerian Stock Market soars by N795bn on GTCO’s bold listing

Kazeem Ugbodaga

1 year ago

Consequently, the market capitalisation surged from N63.645 trillion to N64.440 trillion, while the All-Share Index rose by 0.79 per cent…

Steps to Open a Casino: What You Need to Know

Ayorinde Oluokun

1 year ago

Opening a casino is a complex process. It requires careful planning and adherence to local laws. As a result, understand…

Zenith Bank secures N350.4 billion in rights Issue, public offer

Oluwapelumi Oluwayemi

1 year ago

In a statement released to the Nigerian Exchange (NGX) Group on Sunday, January 26, 2025, the Bank announced that it…

SEC issues red alert on Risevest, Stecs cooperative societies

Ayorinde Oluokun

1 year ago

The commission hereby notifies the public that Risevest and Stecs are not registered to operate in any capacity in the…

Group hails Tinubu for attracting $6.7bn investment to energy sector

Ayorinde Oluokun

1 year ago

While describing the achievements in the energy sector as commendable, TMV in a statement signed by Mr Chukwudi Enekwechi its…

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