AfDB bans Nigerian firm over Cameroon highway fraud
The African Development Bank (AfDB) has placed a 15-month ban on a Nigerian company, Ogon-Asu Company Limited, and its chief executive, William Tuku Ogon,...
‘Pure water’ price goes up and producers are shutting factories
Producers of table water in Abuja have closed their factories for over a week, triggering scarcity of drinking water in the capital city as...
Naira shortage: Former statistician-general predicts N15 trillion cost on economy
Ongoing currency shortage, which has imposed devastating impact on Nigeria’s economy will likely cut the nation’s nominal gross domestic product for the first three...
Nigerian banks cut forex payments to foreign travellers
Major Nigerian banks announced new amounts they will be paying as personal travel allowance and business travel allowance to people travelling outside the country,...
Zuckerberg confirms Meta will lay off 10,000 employees
Meta, the parent company of Facebook, has confirmed it is laying off another 10,000 workers. It is the second wave of cuts at the...