FG woos investors to boost sugar production
The Federal Government of Nigeria, via the National Sugar Development Council, is actively encouraging both local and foreign investors to capitalize on…
News
Dropbox to axe 528 employees
Cloud storage platform, Dropbox has announced it will lay off 528 employees, or 20% of its global staff, marking the second substantial…
Apple unveils new MacBook Pro models
Apple has launched new MacBook Pro models featuring advanced processors tailored for demanding tasks such as photo and video editing, enhancing the…
Remote work: Amazon employees reject return-to-office policy
Amazon employees numbering 500 have sent a letter to the CEO of its Amazon Web Services division, urging him to reconsider the…
Snapchat gains 11m users worldwide
Snap Inc. reported impressive quarterly results on Tuesday, exceeding Wall Street’s forecasts for both revenue and user growth. The parent company of…
FG plans 800 airport taxi vehicles conversion to CNG
The Federal Government, through the Presidential Compressed Natural Gas Initiative, has reached an agreement with taxi operators at Nnamdi Azikiwe International Airport…
Volkswagen operating profit drops by 42% in 2024 Q3
German automaker, Volkswagen announced a significant 42% drop in operating profit for the third quarter of 2024. The company’s operating profit fell…
Airline conference: Boeing to prioritise Nigerian aviation stakeholders
Boeing has announced plans to facilitate connections between Nigerian airlines and international investors at the upcoming Airline Economics Conference in Dublin, scheduled…
Building collapse: FG unveils tribunal to check unprofessionalism
The Federal Government has officially inaugurated the Builder’s Disciplinary Tribunal, a strategic initiative designed to enhance accountability within the building profession. The…
Nigeria’s broadband penetration falls to 41.56%
Broadband penetration in Nigeria fell to 41.56% in September, down from previous levels, as efforts to reach 70% through the National Broadband…
Avoid forex auction interventions, W’Bank advises CBN
The Central Bank of Nigeria has been advised against intervening in the foreign exchange market through forex auctions. The World Bank’s policy…
32 states rely on FAAC for 55% of revenue – BudgIT
A new report by BudgIT reveals that 32 of Nigeria’s 36 states relied on allocations from the Federation Account Allocation Committee for…