Ford to layoff 1,100 workers in Spain
One of the leading automakers, Ford, plans to layoff 1,100 workers at its plant located in Valencia in eastern Spain, according to…
Business
Shell’s oil production drops over insecurity, theft – Report
One of the global energy giants, Shell has said its production in Nigeria dropped by a quarter in 2022 as it continues…
FG generates N2.83trn from company income tax in 2022 — NBS
The National Bureau of Statistics has revealed that the federal government generated a total of N2.83 trillion from Company Income Tax in…
Naira gains against dollar at investors, exporters window
The naira appreciated further on Thursday as it exchanged at N461 to the dollar at the Investors and Exporters’ window. A…
UK plans to ease visa access over labour shortages
United Kingdom has said on Thursday that it was planning to ease the policies on visa approval to help address labour shortages,…
Dangote Cement plans third share buyback in two years
The Securities and Exchange Commission has approved the move for the start of Dangote Cement Plc’s third share repurchase transaction in less…
Ex-Shell CEO’s pay package hits £9.7m – Report
The former CEO of the oil giant, Shell, Ben van Beurden, received a total pay package of £9.7 million in 2022, a…
NNPCL distributes 339m litres of petrol to 63 deports
The Nigerian National Petroleum Company Limited has said that 63 deports across the country have altogether received a total of 339 million…
Nigeria Stock Market rebounds, gained N107bn
The Nigerian Exchange Limited rebounded again as investors gained N107 billion on Wednesday despite the market’s recorded N1bn loss on Tuesday. The…
Customs arrests car smuggling group leader
The Nigeria Customs Service has arrested the head of a car smuggling group, Shuaibu Kolo, who was notorious for forging documents issued…
Nigeria secures China funding to fix national grid
The Transmission Company of Nigeria has signed an agreement with a group of Chinese companies to secure funding for the improvement of…
Google to empower women entrepreneurs in Nigeria, others
Google has announced the launch of three empowerment initiatives women entrepreneurs in Africa in commemoration of International Women’s Day. According to The…