The Muhammadu Buhari-led government has again blamed external forces for the rising food and fuel prices in the country, saying it is a global phenomenon. The Minister of Information and Culture, Lai Mohammed, described the rising prices of petroleum products in the country as a global problem. The minister who …
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In its bid to strengthen its long-term competitiveness and growth prospects, Access Bank Plc has announced the successful completion of its restructuring into a Holding Company structure (Holdco) known as Access Holdings Plc, According to Reliable Source In a notification to the Nigerian Exchange (NGX) Limited on Monday, The company said, …
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To stem the steady fall of the naira against the dollar, the Federal Government has been advised to as a matter of urgency put an end to the festering crude oil theft, boost oil production and put in place necessary measures to boost local production and exportation of other goods. …
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Some radio stations in the country have announced that they are cutting down on their hours of operation. The radio stations said the decision was taken due to high cost of diesel in the country. Here are notices from some radio stations;
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…begins an active investigation into the current workplace culture at Bento. Bento Africa’s Board of Directors has recommended that the Chief Executive Officer, Ebunoluwa Okunbanjo takes some time off and be removed from any people-related decisions for the time being. This was disclosed in a news release posted on Bento …
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Lagos State On Its Way To Becoming The Silicon Valley of Africa – Sanwo-Olu (Photo) Lagos State governor, Babajide Sanwo-Olu has stated that the economy and technological development of Lagos State have received a major boost following the investments made in the state by Microsoft Corporation and Dangote Group, Newsextra24 …
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Renault industrial activities in Russia are suspended Boulogne-Billancourt, March 23rd, 2022 – The Board of Directors of Renault Group met today and approved the following items: Renault Group activities in its manufacturing plant in Moscow are suspended as of today. Regarding its stake in AVTOVAZ, Renault Group is assessing the …
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The MOEX Russia Index added 9% by 10:52 a.m. local time, paring its 29% slump for the year. The benchmark advanced as much as 12% earlier today. The Moscow Exchange resumed trading in 33 Russian equities out of 50 listed on the benchmark, including in some of the biggest companies, …
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FCCPC Takes Action As MultiChoice Increases DStv/GOtv Subscription The Federal Competition and Consumer Protection Commission (FCCPC) has said it is engaging pay television company, MultiChoice Nigeria, for clarity over the increase in subscription rates. Mr Babatunde Irukera, the Executive Vice Chairman of FCCPC, said this while speaking with the News …
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The lingering foreign exchange scarcity in the country has continued to worsen even as the exchange rate on the parallel market is inching towards N590/$1, The PUNCH has learnt. The development may lead to massive job loss in the manufacturing industry, among other sectors, according to the Manufacturers Association of …
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