Nigeria: UK to fund women-owned businesses with $100m
The British High Commissioner to Nigeria, Ms Catriona Laing, Wednesday said the United Kingdom government has launched a $100 million program through the First Bank of Nigeria as direct funding…
Crypto turmoil not surprising, says ECB
The recent collapse of a major cryptocurrency exchange platform that has sent shockwaves through the largely unregulated sector is "not a surprise", a top European Central Bank official said Wednesday.…
Enugu farmers, SMEs benefit from World Bank’s project
Farmers, Small and Medium Enterprises and others have benefitted from the World Bank assisted Agro-Processing, Productivity Enhancement and Livelihood Improvement Support Project in Enugu State. The Enugu State Deputy…
UK inflation hits 41-year high
British inflation has accelerated to the highest level for 41 years, driven by soaring energy, food, and transport prices in a worsening cost-of-living crisis, official data showed Wednesday. The Consumer…
Tesla trial: Musk to testify over $50bn compensation
Tesla tycoon Elon Musk will take the stand on Wednesday as part of a trial over his $50 billion pay package as Chief Executive Officer of the electric car giant.…
Buhari enhanced Nigeria’s businesses, says BMO
The Buhari Media Organisation has described the provision of about N785 Billion to Micro, Small, and Medium Enterprises in the country by the President, Major General Muhammadu Buhari (retd), regime…
IFC appoints new director for Africa
The International Finance Corporation of the World Bank Group on Tuesday appointed Sarvesh Suri as its new Regional Industry Director for Infrastructure and Natural Resources in Africa. In a statement,…
Infinix to hold smartphones live sale Nov 16
Infinix, the smartphone brand, will be having a live sale for all smartphones in its HOT20 & NOTE 12 Series. The sales which is expected to happen live on…
Amazon to lay off 10,000 workers
The world’s largest online retailer, Amazon, is expected to lay off 10,000 of its employees. According to a report by New York Times citing anonymous sources, the development will target…
Cryptocurrency sector fights back after FTX collapse
The failure of the FTX platform has undermined investor confidence and threatened the young cryptocurrency sector, pushing its main players to mobilise to save it. The boss of the largest…
FTX crash: Nestcoin to lay off workers
Nigerian crypto startup, Nestcoin, is expected to lay off its workers after the firm reportedly lost all its assets in cash and stablecoins to the collapse of FTX. According to…
Petrol importation gulps N16.9tn under Buhari – Report
Despite the promise to put an end to the importation of petrol, no less than N16.9 trillion has been spent on importing fuel by the President, Major General Muhammadu Buhari's…
