Chinese Yuan gains against the dollar, reaches 7.1295
Despite US President Donald Trump’s efforts to weaken the dollar, the Chinese currency maintained its rapid slide on July 20, 2018, as…
Business
Why Nigeria trails S’Africa, Kenya in Africa’s B2B payment
A report from a business payment platform for African businesses known as Duplo, has stated that Nigeria now trails behind South Africa and Kenya in…
Bill Gates gains $759m as Microsoft shares soars
Microsoft co-founder Bill Gates’ fortune increased by $759 million on Wednesday. According to Forbes, this 67-year-old billionaire giant has a net worth…
South African billionaire Nathan Kirsh hits $310m in 30 days
South African millionaire Nathan Kirsh’s net worth has increased by $310 million in just 30 days. According to Bloomberg estimates, Kirsh’s net…
Naira gains at I&E window, closes at N791.42
The Naira rose marginally versus the US dollar on the Investor and Exporter market on Tuesday, a day after the local currency fell…
ILO encourages governments to tackle skill gaps
The director general of the International Labour Organisation, Gilbert Houngbo, has urged other world leaders and the G20 labour and employment ministers to…
Energy drink Surge enters Nigerian market
Beverage manufacturer, FirstBev Nigeria Ltd, has introduced a new energy drink called Surge into the Nigerian market. The Punch reported that the firm,…
TikTok to launch e-commerce platform in US
Alex Omenye TikTok intends to establish an e-commerce platform in early August to sell products made in China in the United States,…
Unilever Nigeria’s turnover grew 24% in H1 2023
Unilever Nigeria Plc has revealed its unaudited interim report for the six-month period ending June 30, 2023, showcasing an impressive financial performance…
NGX FX trading hits N145bn in six months
In the first half of 2023, the total amount of international transactions carried out by investors on the floor of the Nigerian…
France, firm partner to teach Nigerian farmers networking
The French government and a Nigerian firm, JR Farms, have inked a strategic collaboration deal that would provide African farmers with industrial…
Nigerians lament frequent pay-TV subscription hike
Customers have lamented as the parent firm of DStv, MultiChoice Nigeria, recently started implementing yet another regime of price increases across all…