Tesla will lay off 10 percent of its global workforce as demand for electric vehicles (EV) falls. According to a Bloomberg report on Monday, Elon Musk...
Nigeria’s inflation rate rose to 33.20 percent in Mach 2024 — up from 31.70 percent in February. The National Bureau of Statistics (NBS) disclosed this in...
Homes and businesses were left without power supply for several hours yesterday after the nation’s national grid collapsed twice in less than one month. The latest...
NIPCO Gas Limited says it has completed four compressed natural gas (CNG) stations in Lagos Speaking at a press conference in on Sunday, Nagendra Verma, managing...
Dee One, the reality star and comedian, has taken a swipe at Phyna, the 2022 BBNaija winner, asking her to “stop living a fake life”. The...
The executive board of the International Monetary Fund (IMF) says Kristalina Georgieva has been re-elected to serve as the lender’s managing director (MD) for a second...
The naira, on Friday, appreciated to N1,150 per dollar at the parallel section of the foreign exchange (FX) market. Currency traders in Lagos, also known as...
Adebayo Adelabu, minister of power, says the electricity tariff will reduce if the foreign exchange (FX) rate drops below N1,000. On April 3, the Nigerian Electricity...
The National Identity Management Commission (NIMC) recently announced the launch of a multipurpose National ID card that can serve the purpose of identity verification, payments, and...
Uganda’s government has moved to pass legislation allowing Islamic banking and the immediate licensing of Salaam Bank signaling a growing demand for Sharia-compliant financial services and...