Category: Business

Customs seize contraband worth N305m in two months

The Nigeria Customs Service’s Federal Operations Unit Zone B has revealed that between January and...

Alphabet’s Waymo lays off additional 137 workers

Google’s parent company, Alphabet, has laid off 137 workers in its self-driving technology unit, Waymo,...

General Motors fires hundreds of employees, plans $2bn cost reduction

One of the world’s leading automakers, General Motors is cutting  hundreds of executive-level and salaried...

76% CBN Anchor Borrowers’ loans unpaid – IMF

The International Monetary Fund has confirmed that 76 percent of loans disbursed under the Central...

Nigeria’s stock market hits N30trn amid elections

The total market value of Nigerian stocks hit N30 trillion on Monday, amid the uncertainty...

Elon Musk becomes world’s richest man again

Tesla Chief Executive Officer, Elon Musk, has regained his title of the richest man in...

Gmail service now restored worldwide after hour-long outage

Google’s email service, which crashed for some minutes worldwide, has been restored. It is now...

Uk energy regulator reduces power bill price cap

UkThe Office of Gas and Electricity Markets, a UK energy regulator, on Monday reduced its...

NCCA hails Dana Air over safety standard

The Nigerian Civil Aviation Authority has commended Dana Air for its safety standard as it...

Nissan raises EV sales target, catches up with Tesla 

Japanese auto manufacturer, Nissan, has on Monday, raised its electric vehicles sales target. According to...

Nokia rebrands first time in 60 years 

Nokia announced plans on Sunday to rebrand, change its logo for the first time in...

Nigeria’s crude oil production declines by 13%

The Nigerian Bureau of Statistics has  said crude oil production, which represents about two-thirds of government...