Sequel to the massive retrenchment of workers in microblogging platform, Twitter and Facebook, Africa’s e-commerce giant, Jumia says it will layoff some of its staff. The essence of the proposed retrenchment according to the company is to create a leaner…
The World Bank has commended the administration of Governor Yahaya Bello of Kogi State for its financial transparency and awarded the state for distinguishing itself among 35 other states on Fiscal Transparency and Accountability, Debt Sustainability and Domestic Revenue Mobilization.…
The planned redesign of some Nigeria’s currencies – N200, N500 and N1000 will have a smooth sail as the country’s legislative arm on Wednesday gave its backing. This was approved during a plenary session following a debate on a motion…
Nigeria’s Vice President, Professor Yemi Osinbajo, has approved the framework for the construction of a $3 billion hydropower plant project in Benue State. This was disclosed on Wednesday in a statement issued by the office of the vice president (OVP).…
Mustapha Muhammed, an alleged currency speculator, has been arrested by operatives of the Economic and Financial Crimes Commission (EFCC). Muhammed also known as Mustapha Naira, was picked up in the Wuse area of the Federal Capital Territory (FCT), ABUJA on…
The Federal Government of Nigeria (FGN) says it is not going back on the date – June 2023 for subsidy removal as earlier stated. The Minister of Finance, Budget, and National Planning, Zainab Ahmed, made this known during a press…
The Federal Government of Nigeria (FGN) has been cautioned to review its decision on issuing more licences for Fifth Generation (5G) services to telecos in the country. An ICT expert, Dr Mohammed Mohammed, while speaking to journalists in Kaduna State…
Nigeria’s new inflation rate for October 2022 which is at 21.09 percent will be the highest in 17 years, according to the National Bureau of Statistics (NBS). The rate increased by 0.32 percent from 20.77% recorded in September 2022. Food…
A group, Women in Mining in Nigeria (WIMIN), has advocated for more of its gender into the country’s mining space, this can be achieved by introducing girls to the sector. Engineer Janet Adeyemi, President of WIMIN said this on Monday,…
About N714.61 billion was charged from bank customers in the first nine months of 2022 in Nigeria. punchnewspapers Eleven banks charged their customers N714.61bn for electronic fees and other forms of commissions in the first nine months of 2022. These…
