Apple unveils first store in India
Apple has on Wednesday unveiled the look of its first retail store in India, with people gathering outside to catch a glimpse…
Business
Ford to simplify products starting 2024
Ford has announced plans to simplify its product lineup starting in the 2024 model year, which means they will likely produce fewer…
Apple suppliers to increase use of renewable energy
Apple announced on Wednesday that an increasing number of its suppliers are committing to using renewable energy in the production of its…
FG to begin payment of $350m cabotage vessel fund
The Nigerian government has said that it would soon start disbursing money from the cabotage vessel financing fund. According to Nairametrics, the…
Unemployment will rise to 40.6% in 2023 – KPMG
KPMG has reported that Nigeria’s unemployment rate will continue to rise and hit 40.6% in 2023. This was revealed in the multinational’s…
Naira hits lowest amid external reserve decline
The Nigerian Naira hit its lowest value of the year on the first trading day of April, as the demand for dollars…
Kenya to launch first observation satellite by April 10
The Kenyan government announced on Monday that the country will launch its first operational satellite next week Monday. According to a report…
UFC owner to acquire World Wrestling Entertainment
The owner of Ultimate Fighting Championship, Endeavor Group Holdings, said on Monday that it would acquire World Wrestling Entertainment. According to Reuters,…
Leadway becomes first insurance firm to hit over N104.4bn
Bisola David Leadway is the first insurance business in Nigeria to receive N104.4 billion in total premiums. According to ThisDay, this was…
International Breweries, UAC, 12 others announce N38.77bn loss in 2022
International Breweries Plc, UAC of Nigeria Plc, Ikeja Hotel Plc, and 11 other companies listed on the Nigerian Exchange Limited have declared…
Europe’s top cinema, Cineworld halts plans to sell US, UK, Ireland businesses
A leading cinema group in Europe, Cineworld Group has announced that it will stop the sales process for its businesses in the…
Nigeria’s external reserves declined by $1.46bn in two months
The Central Bank of Nigeria has revealed the country’s external reserves decreased by $1.46bn between January and March. The reserves amounted to…