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Business & Economy
Diesel price hits N950/litre, manufacturers fear shutdowns, job losses
Oil marketers revealed on Monday that many states now charge between N900 and N950 per litre for the commodity as a result of the country's current foreign exchange situation and the…
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Naira declines more as banks are beset by dollar shortage
The naira's value has gotten worse as a result of the growing disparity between the supply and demand of dollars in banks and on the black market, according to research.
The value of…
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CBN staff loans increase by 113% to N40 billion
As of December 2022, the Central Bank of Nigeria had issued N40.67 billion in loans to its employees.
This was according to the apex bank's audited financial statement for 2022.…
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Black Market Naira to Dollar Exchange Rate, today, August 12, 2023
What is the current exchange rate for dollars and nairas on the black market, commonly referred to as the parallel market (Aboki fx)? See below for the 11th of August's black market…
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Tory Lanez bags 10 years imprisonment for shooting Megan Thee Stallion
Tory Lanez, a Canadian rapper, was sentenced to ten years in prison on Tuesday after being found guilty of shooting US artist Megan Thee Stallion in the feet during a drunken argument…
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Global employment to grow by one per cent 2023 – ILO
According to the International Labour Organization, worldwide job growth will only be 1% in 2023, which is less than half of 2022.
In 2023, the ILO predicts that there will be 208…
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Podcast Adopt tech to cut procurement losses, experts tell companies
In order to reduce waste and maximize results, experts have emphasized that businesses must incorporate technology in their sustainability and procurement operations.
At the recently…
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Stakeholders to debate electronic media growth
When industry leaders get together for the second Nigerian Electronic Media Content Exhibition and Awards, the development, creation, and maintenance of a market for content produced by…
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FBN shareholders protest suspension of AGM and call for intervention from government
On Monday, some shareholders demonstrated outside First Bank of Nigeria Holdings' Lagos offices in protest of an attempt to prevent the banking firm from holding its annual general…
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Shareholders protest at First Bank HQ over AGM
In an effort to stop the financial institution from having its annual general meeting as scheduled, several shareholders demonstrated on Monday at the FBN Holdings headquarters.
AGMs…
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