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Crude oil prices rise as Iran rules out talks

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Tag: Business

Top 100 companies to watch for remote jobs in 2024
Tech

Top 100 companies to watch for remote jobs in 2024

FlexJobs has unveiled the Top 100 Companies to Watch for Remote Jobs, with Working Solutions, LiveOps, and CVS Health topping the top three positions. A survey of more than 60,000 American businesses and their remote job advertising from January 1, 2023, to December 31, 2023 resulted in the recently released 11th annual ranking. According to […]

Oil losses continue as Brent oil sells at $78 per barrel
Oil and Gas

Oil losses continue as Brent oil sells at $78 per barrel

Brent crude was trading at $78.47 a barrel at 03:53 am GMT on Monday, January 22, according to an early analysis of oil prices. According to Reuters, prices struggled to gain traction as economic uncertainty weighed heavily on the outlook for global oil consumption, despite geopolitical concerns in the Middle East and a recent attack […]

Business

NNPC to use Afrexim bank’s $3.3bn loan for operational costs

The Nigerian National Petroleum Company Limited stated its plan to use the $3.3 billion loan received from the African Export-Import Bank to cover operating demands and pay upfront tax and royalties owed to Nigeria on Sunday. The Times reported that this was revealed in a paper titled ‘Frequently Asked Questions – Project Gazelle,’ provided by […]

Meta introduces message summaries to WhatsApp
Tech

WhatsApp to add wireless file transfer feature

Every year, WhatsApp adds a ton of new features. It appears that the platform is developing a function that will allow users to transfer files wirelessly. It appears that devices that are close to one another can use this capability. This is in addition to the file-sharing features currently found on iPhones and Android cellphones. […]

Terraform Labs files for bankruptcy
Crypto

Terraform Labs files for bankruptcy

Crypto company, Terraform Labs, the company that caused the collapse of two stablecoins, Luna and TerraUSD, to wipe approximately $40 billion from the cryptocurrency market filed for Chapter 11 bankruptcy protection on Sunday. According to Bloomberg, the cryptocurrency company’s estimated liabilities and assets fall between $100 million and $500 million, and its estimated creditor count […]

Dangote fuel will be sold in naira not dollars - IPMAN
featured Oil and Gas

Dangote refineries to supply 150,000 IPMAN fuel stations

The Dangote Petroleum Refinery will deliver fuel to around 150,000 retail outlets managed by the Independent Petroleum Marketers Association of Nigeria, following a meeting between refinery management and IPMAN executives. The PUNCH reported that last week Monday, IPMAN booked a meeting with Dangote refinery management to discuss the supply of products to independent marketers. The IPMAN President, Abubakar […]

SolarEdge technologies lays off 16% of workforce
Tech

SolarEdge technologies lays off 16% of workforce

In an effort to lower operational expenses, SolarEdge Technologies said on Sunday that it will be laying off around 16% of its global personnel. This cut, which would impact about 900 workers, comes after the company terminated its light commercial vehicle e-mobility business, stopped manufacturing in Mexico, and reduced its manufacturing capacity in China. “We […]

Rotary donates $14m grant to end polio in Nigeria
Business

Rotary donates $14m grant to end polio in Nigeria

The World Health Organization on Thursday, applauded the Rotary International’s new financing pledge to support Nigeria’s efforts to eradicate all kinds of polioviruses, particularly Circulating Variant Poliovirus (cVPV2). Vanguard reported that the new award, totaling $14, 037, 787, would allow WHO to give technical assistance to the Nigerian government on polio surveillance in order to prevent the […]

Top ten best passports in Africa
Business

Top ten best passports in Africa

Alex Omenye Nigerian passport has emerged the 50th strongest passport in world with regard to its relevance, access to countries and strength globally. The Nigerian passport was placed 95th in the world in the most recent Henley Passport Index report of 2024, in addition to being “the 50th strongest passport in Africa.” As stated in […]

FG can train area boys to be tax officers - Oyedele
Business

FG can train area boys to be tax officers – Oyedele

The Chairman of Presidential Tax and Fiscal Policy Reform, Taiwo Oyedele, has spoken about the ongoing efforts to cut different taxes at the state and local government levels. In an interview with Channels TV, Oyedele emphasized the importance of bringing all stakeholders on board, especially Area Boys, to avoid conflicts that could occur as a result of various […]

British Council raises IELTS fee in Nigeria by almost 30%
News

British Council raises IELTS fee in Nigeria by almost 30%

The British Council of Nigeria has increased the fee for the English Language Testing System assessments by 29%. The Times reported that according to the Council, Nigerians would now pay N139,000 for the Computer Academic and General Training Modules from February 1, 2024. The price was raised from the N107,500 currently being paid for the exam, which […]

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