Category: Business

Nigeria’s economy to grow by 0.1% in 2024 — UN

The United Nations has projected that the Nigerian economic growth to rise from 3.0% in...

Microsoft overtakes Apple as world’s most valuable company

Microsoft, on Thursday, overtook Apple as the most valuable company in the world as the iPhone...

FBNQuest announce retirement of its MD, DMD

The board of directors of FBN Holdings Plc has announced the departure of Kayode Akinkugbe...

CBN appoints new CEOs, MD for Union, Keystone, others

Following the Wednesday dissolution of the former board members, the Central Bank of Nigeria has...

EFFC Dangote raid crashes Nigeria dollar bond one week – Bloomberg

The Economic and Financial Crimes Commission raid last week on the offices of Aliko Dangote,...

Mobile users spent $171bn on apps in 2023 – Report

Mobile users worldwide spent $171 billion in China through third-party Android app shops, Google Play,...

NGX reports first loss of N638bn in new year

The Nigerian Exchange Limited’s market capitalization fell for the first time in the new year....

Ghana’s inflation rate drops to 23.2%

Ghana’s inflation rate fell to 23.2% in December 2023, a considerable decrease from the 26.4%...

Elon Musk’s X to launch peer-to-peer payments in 2024

Social media company, X, has plans to launch a peer-to-peer payment system on the platform...

Amazon’s Twitch to lay off 500 employees

Amazon.com Inc.’s live streaming network, Twitch, is apparently planning a large personnel reduction, with around 35%...

Naira falls at black market despite CBN’s FX backlog clearance

The value of the naira declined considerably on Tuesday on the P2P and physical black...

Sacked-FCCPC boss confident employees will fight for fair markets

A recent and notable achievement was the imposing of a $110 million penalty on British...