Naira redesign: CBN confirms rising deposits
The Central Bank of Nigeria (CBN) has confirmed increased deposits in commercial banks across the country. Ostia Nwanisobi, the CBN...
Like Facebook, Twitter, Amazon to lay off 10,000 employees
Amazon, an American multinational technology company, has announced plans to lay off as many as 10,000 of its employees. Multiple...
Amazon founder Jeff Bezos pledges to give away most of his wealth
Amazon founder Jeff Bezos has said he plans to give away most of his $124bn (£107bn) fortune during his lifetime....
Petrol stock rises by 264.1m litres in one week, as NNPC mulls N400 per litre price
The Nigerian National Petroleum Company (NNPC) Limited’s stock of Premium Motor Spirit, popularly called petrol, has increased significantly following the...
IPMAN slams petrol subsidy, proffers solution to fuel scarcity
The Independent Petroleum Marketers Association of Nigeria (lPMAN) has said petrol subsidy in Nigeria was no longer sustainable. Mr Mike...
Despite oil theft and vandalism, Nigeria has made more money this year than it did last year
Reports on the Nigerian economy all year round have been less than encouraging. Nigeria’s economic struggle so far has not...
Is Hushpuppi movie rights in safe hands or should movie lovers begin to panic?
Despite his criminal record, Ramon Abbas, popularly known as Hushpuppi, has somehow maintained a flair for amusement. On the 4th...
Health insurance is now worth the price of junk and waste materials in Nigeria
Health insurance in Nigeria is bordering on obsolete. For a country with over 200 million people, it is alarming to...
Misuse of customer’s funds, US probe push Binance to end FTX acquisition deal
Days after announcing that his company, Binance, was planning to acquire cryptocurrency exchange, FTX.com, Zhao Changpeng, has pulled out of...
Uganda’s public debt hit 50% GDP amid huge infrastructural projects and growing volatilities in the global market
According to the Deputy Governor Bank of Uganda, Uganda’s public debt has risen to Shs 80 trillion, which is 50%...