Category: Business

Spotify to fire 1500 employees over economic hardship

Music streaming service, Spotify, plans to lay off roughly 17% of its global workforce in...

‘The Marvels’ hit historic low ticket sales of $197m

‘The Marvels’ is officially the lowest-grossing installment, grossing $197 million globally after four weeks in...

NAICOM penalizes underwriters who use illegal firms

A few insurance companies have been penalized by the National Insurance Commission for collaborating with...

NES seeks CBN collaboration

The Nigerian Economic Society has identified two areas in which it hopes to enhance cooperation...

Facilities management adds 2.3% to world GDP –  AFMPN

The group chief executive officer of Global Properties and Facilities International, Dr. Mohammed Balogun, has criticized...

Ogun shuts three firms for violating environmental laws

Three businesses have been closed by the Ogun State government due to various environmental violations....

Subsidy: FG to provide SMEs with grants

The Presidential Palliative Program, which aims to mitigate the effects of the loss of fuel...

AfCFTA, UBA sign $6bn MoU to support SMEs

The African Continental Free Trade Area secretariat and United Bank for Africa, one of Nigeria’s...

Tesla unveils $60,990 entry level cybertruck

Billionaire Elon Musk’s least expensive Cyber Truck, which is made by Tesla, would cost at...

NACCIMA, EU partner on business innovation

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture and the European Union...

US to finance mining projects in Nigeria – Dele Alake 

The Minister of Solid Minerals Development, Dele Alake, has revealed that the US government and the federal government...

SMEDAN seeks partnership to address MSMEs’ power issues

The Director General of the Small and Medium Enterprises Development Agency of Nigeria, Charles Odii,...

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