US adds over 500,000 jobs despite global workforce reduction
By Christian George Despite the increasing slashing of workforce globally, US employers added 517,000 in January. A report on Friday has it that unemployment and redundancy has reduced while…
Naira scarcity: Gov took N500m from single bank, claims El-Rufai
The Kaduna State Governor, Nasir El-Rufai, has said an unnamed governor received N500 million new notes. According to Daily Trust, El-Rufai, in an interview with BBC Hausa, claimed that politicians…
FG partners World bank on six-year livestock project
The Federal Government in collaboration with the World Bank have unveiled a six-year livestock development initiative. The initiative, which is tagged: 'Livestock Productivity and Resilience (L-PRES)', is with the…
NNPCL, Daewoo sign $740.6m deal for KRPC rehabilitation
The Nigerian National Petroleum Company Limited yesterday, signed with Daewoo Engineering & Construction Nigeria Limited a $740.6m deal for Kaduna Refinery & Petrochemical Company Limited to be rehabilitated. LEADERSHIP News…
Dangote remains Africa’s richest billionaire for 12 years
Forbes lists Dangote as Africa's richest billionaire, while, South Africa’s Johann Rupert family takes the second spot in 2023. Dangote, worth $19 billion, has remained Africa’s richest person for…
Gas flares to be commercialised by 139 investors – FG
Bisola David The Federal Government announced on Thursday that a total of 139 investors have expressed interest in profiting from the 48 flare sites located across the nation's…
Apple sales drop 5%, lowest since 2019
Apple, the world's leading technology company by revenue, did not meet its revenue expectations in terms of sales and profit at the end of 2022. Sales fell in the last…
Aviation union threatens NiMet with strike notice
Bisola David The Nigerian Meteorological Agency has been threatened with a shutdown by the National Union of Air Transport Employees, the Association of Nigeria Aviation Professionals, and the Amalgamated…
Buhari excited over Elon Musk’s Starlink services
Oluwanifemi Ojo The President, Major General Muhammadu Buhari (retd.), has expressed his excitement over the unveiling of Elon Musk's Starlink, a satellite internet provider, in Nigeria. Buhari expressed…
Naira scarcity: Hardship vital for economy, says finance minister
The Federal Government stated that the difficulties faced by Nigerian owing to the redesign of the naira are temporary and necessary for the long-term stability of the economy. This was…
Naira scarcity: GTB app suffers downtime, customers lament
Oluwanifemi Ojo Customers of top Nigerian financial institution, Guaranty Trust Bank, have been left fuming on social media after a downtime experienced in its mobile app. AMBusiness reports that…
2023: FX shortage to persist, Coronation Merchant Bank forecasts
The foreign exchange liquidity problem impacting the economy is likely to last for a while, according to a prediction made by Coronation Merchant Bank. The Coronation Bank's Chief Economist, Chinwe…
