Category: Business

Naira redesign: CBN must follow rule of law, says NGF

The Nigeria Governors’ Forum has urged the Central Bank of Nigeria to follow the rule...

Ganduje shuts Kano supermarket over old naira rejection

The Governor of Kano State, Dr Abdullahi Gandjue, directed the State’s acting Chairman of the...

Naira scarcity: Abuja traders lament low patronage 

Traders in Abuja have lamented over the low patronage owing to the scarcity of naira...

Imo to boost economy with agric export

The Imo State government has taken steps to boost the its economy by using the...

Amazon’s Zappos cuts 20% off workforce

Amazon subsidiary Zappos, an online shoe and clothing seller, cuts off about 20% of its...

ICYMI: Old naira: What to know about CBN deadlines

The Central Bank of Nigeria on January 29, extended the deadline for phasing out the...

Scarcity: FG confirms availability of 1.3bn litres of petrol

Nigeria has confirmed the availability of about 1.3 billion litres of petrol which is said...

How earthquake’ll affect Turkey’s $819bn economy

The $819 billion economy-sized country, Turkey, is expected to experience an economic slow down following...

Adidas may lose $1.3 bn in 2023

Adidas may lose about $1.3 billion in 2023 if they are not able to sell...

Russia to cut oil output by 500,000 bpd

  By Christian George Russia is hoping to reduce its oil production by 500,000 barrels...

Wema Bank hits record N12.6bn profit

Wema Bank has reported a 41.7 per cent growth in profit after tax of N12.64...

How UK narrowly escaped recession in 2022 – Report

The economy of the United Kingdom narrowly escaped recession at the last quarter of 2022....