Foreign firms, others to attend Gateway trade fair
Foreign companies from across West Africa have indicated interest in participating at this year’s Gateway International Trade Fair billed to take place…
News
Mark Zuckerberg beats Elon Musk in billionaire rankings
Meta CEO, Mark Zuckerberg has surpassed Tech billionaire Elon Musk in wealth, claiming the third spot on the global billionaire rankings. This…
Landmark Beach Resort negotiates Lagos-Calabar highway route adjustment
Landmark Beach Resort’s management has initiated negotiations with federal and state governments and interest groups to adjust the initial 1.5 km segment…
Unilever Nigeria Plc declares N4.309bn dividend
Shareholders of Unilever Nigeria Plc will receive a dividend of N4.309 billion for the financial year ending December 2023, indicating a total…
Naira appreciates to N1245/$ in parallel market
The Naira on Friday appreciated to N1,245 per dollar in the parallel market, from N1,250 per dollar on Thursday. The naira also…
Govt pledges support for mining firms implementing local content
The Minister of Solid Minerals Development, Dr. Dele Alake, has expressed the commitment of the federal government to support mining companies that…
Lagos to demolish $200m Landmark Resort for coastal highway project
The Lagos State government has issued a demolition order against the owner of a $200 million landmark beach resort, one of Nigeria’s…
Inflation: Eliminate supply-side bottlenecks to stabilise rising prices, KPMG tells FG
KPMG has said that the effectiveness of the Central Bank of Nigeria’s monetary tightening strategies may be inadequate unless Nigeria resolves the…
Zimbabwe unveils new currency backed by gold
Zimbabwe on Friday unveiled a new currency, ZiG which the country said is backed by gold reserves, marking the latest move by…
Apple lays off staff working in electric vehicle site
Apple has recently laid off over 700 individuals working at the electric vehicle site, according to the latest WARN report filed by…
Disney announces crackdown on password sharing
Disney CEO Bob Iger has announced that the company will start implementing stricter measures to deter password sharing globally starting this summer,…
Naira devaluation pushes raw material imports to N3tn – NBS
The National Bureau of Statistics has said the inflation rate increased to 22.04 per cent on a year-on-year basis in March 2023.…