BREAKING: Old N200, N500, N1000 valid till Dec 31- Supreme Court
Juliet Buna The Supreme Court of Nigeria on Friday in Abuja nullified the Federal Government’s cashless and Naira redesign policy, declaring it as an affront to the 1999 Constitution. According…
New naira: Supreme Court passes verdict on Friday
Supreme Court is said to pass its verdict today (Friday) on a suit instituted by some state governments against the Federal Government on the Naira re-design and cashless policy. This…
First Bank to organise women mentorship program
First Bank of Nigeria Limited has said it would organise the first women network, mentoring, coaching and sponsorship pillar webinar to commemorate the World Women's Day. Stating its commitment to…
Top US pharmacy halts sale of abortion pills in 20 states
The nation’s second-largest pharmacy chain, Walgreens Boots Alliance, stated on Thursday that it will halt the sale of abortion pills owing to legal warnings, policy changes and anti-abortion activists' pressure.…
Domestic airfares increased by 95% in 12 months – NBS
that the average domestic airfare paid by passengers climbed by 94.78% during the previous 12 months. According to The PUNCH, this development occurred when several difficulties affecting the regional aviation…
UN agency projects 50% increase in Africa’s e-commerce
The United Nations Economic Commission for Africa has said that Africa's e-commerce is projected to increase by 50 percent by 2025 The Punch reported that the Acting Executive Secretary, UNECA,…
Brazil’s economy expanded by 2.9% in 2022 – Report
The largest economy in Latin America, Brazil has been reported to have seen a growth of 2.9% in 2022, according to information made public on Thursday by the Brazilian Institute of…
Tight security as Buhari visits Maiduguri for power plant inauguration
Security measures have been beefed up at the Maiduguri Emergency Power Plant project site in Borno ahead of its inauguration by President Muhammadu Buhari. According to the News Agency of…
Yola Disco records highest losses amongst Discos – Report
The only electricity distribution company being controlled by the Federal Government, Yola Disco had the largest aggregate technical, commercial, and collection losses of 70% compared to the other 11 Discos.…
Customs seize contraband worth N305m in two months
The Nigeria Customs Service's Federal Operations Unit Zone B has revealed that between January and February 2023, it made 130 seizures of contraband worth N305 million. The Punch reported that…
Alphabet’s Waymo lays off additional 137 workers
Google's parent company, Alphabet, has laid off 137 workers in its self-driving technology unit, Waymo, making this the second round of job cuts in 2023. The firm told Reuters this…
General Motors fires hundreds of employees, plans $2bn cost reduction
One of the world's leading automakers, General Motors is cutting hundreds of executive-level and salaried jobs as plans to reduce costs and streamline operations. Reuters reported that this was…