Boeing Announces it Will Cut 10% of Workforce Amid Strike: Here is What You Need to Know
Boeing has announced that it will cut 10% of its workforce, which equates to approximately 17,000 jobs, as the company...
Business
Nigeria, Russia Seal Historic Deal on Ajaokuta Steel Plant Revival
In a landmark move, Nigeria has signed a Memorandum of Understanding (MoU) with Russia to revive the dormant Ajaokuta Steel...
NNPC Mobilizes 100 Trucks to Load Fuel at Dangote Refinery, Marking Major Milestone in Nigeria’s Energy Sector
In a significant development, the Nigerian National Petroleum Company Limited (NNPCL) has deployed over 100 trucks to the Dangote Refinery's...
Boeing’s US factory workers strike, halting 737 MAX production
Boeing's U.S. factory workers have initiated a strike, which has led to the cessation of production for the 737 MAX...
The most easily recognized brands in Nigeria
Based on the information gathered from various sources up to August 2024, the most easily recognized brands in Nigeria span...
Nigeria’s Central Bank Raises Interest Rate to 26.75% Amid Soaring Inflation
The Central Bank of Nigeria (CBN) has announced a hike in its benchmark interest rate to 26.75% from 26.25%, in...
Dangote Refinery: A Game-Changer or a Monopoly?
The Dangote Petroleum Refinery, built by Africa's richest man Aliko Dangote, has been making headlines as it prepares to ramp...
Nigerian High Court Dismisses Suit Challenging Arabic Inscriptions on Naira Notes
In a recent court case that stirred up controversy, a Nigerian lawyer filed a suit against the Central Bank of...
NNPC Ltd Declares State of Emergency on Crude Oil Production, Calls for Collaboration to Reduce Costs
ABUJA – In a bid to boost Nigeria's crude oil production and reserves, the Nigerian National Petroleum Company Limited (NNPC...
Nvidia Takes the Crown: The Rise of the AI Chipmaker
In a stunning turn of events, Nvidia has dethroned tech giants Microsoft and Apple to become the world's most valuable...
Steps on How to Retrieve Your Money Back From Heritage Bank and Others
To retrieve your money from Heritage Bank, follow these steps: Verify Your Account Details: Ensure your account has up-to-date identification...
Dollar Gains Strength Against Naira in Parallel Market 1500/$1
The Naira has been experiencing fluctuations against the US Dollar in both the parallel market and official exchange rates, with...
Microsoft Shuts Lagos Office, Shifts to Kenya
Microsoft has officially closed its office in Lagos, Nigeria, and relocated its operations to Kenya. This move has resulted in...
Rivers Economic Summit: The Benefits and Significance
The Rivers State Economic and Investment Summit is a significant event that has attracted considerable attention from the business community...
6 Talking Points Why CBN Raises Interest Rate to 26.25%
Fighting Inflation: The Central Bank of Nigeria (CBN) is raising interest rates to combat soaring inflation levels, which hit a...
