Electricity DisCos rake in N150bn revenue in June – NERC
Electricity distribution companies in June 2024 collected N150.86 billion in revenues, achieving an 85.44% collection efficiency rate. This was disclosed in the…
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Agriculture drove 474.50% CIT growth in Q2 2024 – NBS
Agricultural sector led Q2 2024 Company Income Tax growth in Nigeria, with a 474.50% quarter-on-quarter increase, according to the latest NBS report.…
Apple Store website goes down hours before iPhone 16 launch
Just six hours before the highly anticipated iPhone 16 launch event, Apple’s official store website has gone offline. Visitors are currently met…
Experts urges Nigerian youths to embrace innovation amid unemployment
The Chief Executive Officer of Baobab Plus Nigeria, Mr. Kolawole Osinowo, urged Nigerian youth to focus on acquiring critical skills to foster…
MSMEs to initiate survival strategies amid fuel price hike
The recent hike in the price of premium motor spirit in Nigeria has prompted the Association of Small Business Owners of Nigeria…
SEC to clamp down on unregistered crypto exchanges
The Securities and Exchange Commission has announced that it will soon initiate enforcement actions against individuals and business entities, including cryptocurrency exchanges,…
NLC President Ajaero arrested by DSS at Abuja airport
The President of the Nigeria Labour Congress, Joe Ajaero, was reportedly detained by operatives of the Department of State Services on Monday…
WeTransfer to cut 75% of workforce after Italian acquisition
Italian app developer Bending Spoons will lay off 75% of the staff at file-sharing platform WeTransfer, CEO Luca Ferrari announced on Sunday.…
Boeing, workers reach deal to prevent strike
Boeing and the International Association of Machinists and Aerospace Workers have reached a new labour agreement, averting a potential strike. The deal…
FG seeks six-month extension for $132m W’Bank loan project
The Federal Government of Nigeria has formally requested a six-month extension to complete the $132.42 million World Bank-funded Innovation Development and Effectiveness…
Meta, Spotify explore deeper music integration in instagram
Meta and Spotify are testing a new feature that could allow users to continuously share the music they’re listening to through Instagram’s…
Meta to introduce interoperability for WhatsApp, Messenger in Europe
Meta is making significant updates to WhatsApp and Messenger to allow interoperability with third-party chat apps in Europe, the company announced in…