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The year ended June 2020 is one that Guinness Nigeria Plc will not forget so soon, following a loss of N12.58 billion, that’s the first of its kind in the last nine years, as the COVID-19 pandemic took a toll on the beer maker. Profit slumped by 129 percent from N5.48 billion earned in 2019 […]
Continue ReadingEx-Emir of Kano, Sanusi Lamido Sanusi has asked the Central Bank of Nigeria (CBN) to fund the bureaux de change (BDC) across the country to stabilise the value of the Naira. The former CBN Governor who gave the advice during a webinar tagged ‘United States of Naira: What Price for Unification’ which was organised by […]
Continue ReadingCentral Bank of Nigeria (CBN) on Saturday officially changed the exchange rate of the naira to the dollar from N361 to N379 on its website. Nigeria’s apex bank had earlier expressed its decision to unify the exchange rates in the country as forex scarcity persisted. The bank was however yet to announce if this would […]
Continue ReadingFormer two-time Nigerian Minister, Mrs. Ngozi Okonjo-Iweala on Wednesday, July 15, in Geneva, Switzerland, stressed the need for the World Trade Organisation (WTO) to elect a credible candidate based on merit for the position of Director-General. Mrs. Okonjo-Iweala, who is one of the eight candidates vying for the position, was interviewed by reporters at a […]
Continue ReadingAmerican ace rapper, beauty and celebrity, Megan Thee Stallion has taken to her Instagram page to share these hot photos of herself posing in a sexy two-piece bikini that showcased her banging body. See her bigger photos below: Photo: Megan Thee Stallion, Instagram
Continue ReadingFor decades African hospitals had been operating entirely manually, from taking notes on paper on how many patients entered the hospital on any given day, to what type of care those patients needed, or where they were supposed to be directed to. The result was a major lack in efficiency, accuracy, or often even data […]
Continue ReadingThe Group Managing Director of Access Bank Plc has hinted that the financial institution may be engaging in mass retrenchment as seventy-five per cent of the bank staff strength is no longer needed. Mr. Herbert Wigwe said what may be mass retrenchment of its workforce is due to the outcome of the COVID-19 pandemic and […]
Continue ReadingThe shallow and dry reflection of the foreign exchange market made the dollar to sell for the high of N450 in the parallel market on Friday. Impact of the crude oil prices which had been fluctuating, and fell to as low as $21, had also been taking its toll on the strength of the naira. […]
Continue ReadingCentral Bank of Nigeria (CBN) has made an alteration (technical devaluation) in the exchange rate of the Dollar to the Naira as confirmed in a communique to all banks and Bureau De Change on Friday March 20. Under the new dispensation, the CBN would make the dollar available to the BDCs at N378, which would […]
Continue ReadingFor more than three years, the exchange rate had been stable at about N360 to a dollar, due to interventions by the Central Bank of Nigeria. But the Naira had recently suffered some beating due to the impact of the coronavirus in the global economy, which led to the fall in the international crude oil […]
Continue ReadingA young Nigerian lawyer has narrated how she began battling with Post Traumatic Stress Disorder (PTSD) after working with a female Senior Advocate of Nigeria (SAN) who reportedly has a god-complex. @Ifeoma_Solanke who marked 3 years of battling with the disorder on Twitter, recounted the challenges she faced while working with the SAN which include […]
Continue ReadingStanbic IBTC Bank Plc, a subsidiary of Stanbic IBTC Holdings Plc, has continued to make a mark in the lives of Nigerian youths by engaging and empowering them at the annual Youth Leadership Series (YLS). The event held at Yaba College of Technology, Lagos. On Wednesday, February 12, the leading financial solutions provider organized the […]
Continue ReadingThe director-general of the National Youth Service Corps (NYSC), Shuaibu Ibrahim, said the monthly allowance of National Youth Service Corp members has been increased to N33,000. The NYSC boss gave the cheering news during a working visit to the NYSC secretariat in Bauchi. According to a statement released on the scheme’s official Facebook page, Ibrahim said […]
Continue ReadingGiant search engine, Google, on Thursday, January 16, joined the likes of Apple, Microsoft and Amazon as a $1 trillion company. The search engine company was able to record the milestone achievement after its parent company, Alphabet ended the day’s trading at $1,451.70 per share, up 0.87 percent. With Thursday’s achievement, Google became the fourth S&P 500 […]
Continue ReadingThe world-famous economist Thomas Piketty published a new 1,200-page book on Thursday, September 12, that lays out a plan for getting rid of billionaires and reforming capitalism. The book is a follow-up to “Capital in the 21st Century,” which helped advance key debates surrounding income inequality. “The time has come to exit this phase of […]
Continue ReadingAmifeoluwa Yakubu, a 25-year old Garments Manufacturer has just emerged the winner of the Season Six of THE NEXT TITAN NIGERIA. AmifeOluwa goes away with Seven Million Naira cash and a brand-new car to support her business idea, Garms and Raiments, a brand that produces uniforms of all styles for schools, organizations and governments. Amife Yakubu, a graduate […]
Continue ReadingHis real name is Ma Yun but better known as Jack Ma. The now billionaire co-founder of E-commerce giant, Alibaba came from a very poor home. He was born on the 10th of September 1964 in Hangzhou, China and struggled from a humble beginning to become one of the most richest and powerful men in […]
Continue ReadingNigerian businesswoman, Temie Giwa-Tubosun, founder and CEO, LifeBank has won the first place prize of $250,000 at the first Jack Ma Foundation annual Africa Netpreneur Prize Initiative (ANPI), which held in Accra, Ghana on Saturday night. Dr. Omar Sakr, founder and CEO, Nawah-Scientific placed second and won $150,000, while Christelle Kwizera, founder, Water Access Rwanda […]
Continue ReadingJack Ma, China’s second richest man and founder of online e-commerce juggernaut, Alibaba has arrived in Nigeria to attend the first Nigeria Digital Economy Summit, holding in Abuja. His arrival in the country, along with a large delegation of Chinese businessmen has elicited a lot of interest among Nigerians, with the Chinese billionaire, worth close […]
Continue ReadingNigeria’s Corporate Affairs Commission (CAC) on Monday urged companies operating in the country to file in their annual returns as provided by the law or risk being de-listed from its register. Mr Moses Adaguusu, Head Public Affairs, CAC, told News Agency of Nigeria (NAN) in Abuja that the call became necessary in view of the […]
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