Business
Paramount Global Lays Off 800 Employees to Cut Costs
Paramount Global has announced that it laid off approximately 800 employees, constituting around 3% of its staff. This significant workforce reduction is partly...
Content creators under mandate to register as businesses – Magaji, CAC boss
The Corporate Affairs Commission (CAC) has encouraged social media content creators with large numbers of followers to register with the commission in accordance...
FCCPC Backs N10.5bn Fine on DisCos over Billing of Unmetered Customers
The Federal Competition and Consumer Protection Commission (FCCPC) has urged stronger sanctions against 11 electricity distribution companies (DisCos) for failing to comply with...
NCAA to Set Up Committee to Tackle Outrageous Airfares
The Nigerian Civil Aviation Authority (NCAA) has announced plans to address the frequent rise in airfare costs. On Monday, Chris Najomo, the acting...
NTSB begins investigation into Friday helicopter crash, Access Holdings to reveal successor
The American National Transport Safety Board (NTSB) has said possible weather conditions were likely responsible for the helicopter crash that killed Access Holdings...
“We will Close Borders to Stop Food Shortage”- Kyari
Abubakar Kyari, the Minister of Agriculture and Food & Security, has disclosed that the Federal Government is considering closing the nation’s borders to...
Ecobank, Sendwave, Others Instructed to Pay Customers Money Sent From Abroad in Naira only
Nigerian banks have commenced the implementation of the Central Bank of Nigeria’s (CBN) revised guidelines on international money transfer operations. These regulations permit...
NNPC to Transfer Significant Part of its Revenue to CBN
The Nigerian National Petroleum Company (NNPC) Limited and the Central Bank of Nigeria (CBN) have reviewed their decision to centralize a significant portion...
WHY LESS QUALIFIED PEOPLE ARE DOING BETTER THAN YOU
Mara’s article recently got published in a highly-ranked mental health magazine. She shares the news on her LinkedIn, and that is where Sarah,...
Why it is Unwise for CBN to Convert Domiciliary Accounts to Naira- Kalu Aja
Over the past couple of days, there have been speculations that the Central Bank of Nigeria (CBN) has plans to convert foreign currencies...
Bill Gates and Jeff Bezos-Backed Firm Discovers Massive Copper Deposit in Zambia
KoBold Metals, a California-based metals exploration company backed by billionaires like Bill Gates and Jeff Bezos, has discovered a substantial copper deposit in...
CBN Discovers False 2.4 billion FX Backlog
In a recent interview with Arise Television, Central Bank of Nigeria (CBN) Governor Olayemi Cardoso disclosed that 2.4 billion of the $7 billion...