On Thursday, the US dollar reached a new four-month low following the Federal Reserve’s announcement that their interest-rate hike cycle has concluded and that reduced borrowing costs can be expected in 2024.
Category: Business
Spotify Share Price Surges as Company Announces Another Round of Layoffs
After letting 600 employees go in January, and 200 more in June, streaming giant Spotify (SPOT.N) announced on Monday it is laying off around 1,500 employees, or 17% of its workforce.
Mastercard to open up network to select cryptocurrencies
Credit-card giant’s announcement comes few days after Nigeria’s central bank ordered deposit-taking banks and other financial institutions to immediately close accounts
Federal Government Opens Last Survival Funds Scheme Portal Feb. 9
The Minister of State for Industry, Trade and Investment, Mrs. Mariam Katagum on Thursday while giving an update on the intervention at a briefing in Abuja, said the federal government is ready to roll out the last two schemes of the MSMEs Survival Fund component of the NESP namely, the GOS and the General MSMEs Grant.
Rubies MFB Digital Bank app, online banking crashes leaving customers stranded
Rubies MFB Digital Bank app, online banking crashes leaving customers stranded.
What factors influence income inequality?
Millions of workers disappeared from the workforce and have yet to return. This has magnified the gap between households at one end of the income spectrum and the other.
Nigerian Commercial Center, Lagos Ranks The Second Cheapest City In The World
The Nigerian Commcerial giant city, Lagos has been ranked the second cheapest city in the world for expatriate.
Russia Signed A Deal With Nigeria To Build Nuclear Power Plants
Booking.com The Russian Federation has signed a deal estimated $20bn (£15bn) with Nigeria to build two nuclear power plants in the country for efficient energy […]
Culture Is Capable Of Replacing Crude Oil As A Source Of Revenue In Nigeria – NCAC
National Council for Arts and Culture (NCAC) Director General, Otunba Segun Runsewe has said that the sector is capable of replacing crude oil as Nigeria’s […]
Nigeria Launched Peugeot 301 Assembled In Kaduna
The Chairman of PAN Nigeria, Alh. Jaafar, speaking during the launching of Peugeot 301 in Kaduna urged Nigerians and the Government to patronise locally assembled […]