Business

Facebook parent company Meta announced on Wednesday that it is cutting 11,000 jobs. The job cuts amount to about 13 per cent of its workforce, Meta boss Mark Zuckerberg said....

Nigeria’s public debt stock increased from N35.46 trillion ($86.57 billion) in the second quarter of 2021 to N42.84 trillion ($103.31 billion) in the corresponding period in 2022. Public debt stock...

Anambra State Governor, Chukwuma Soludo has renamed the ministry of commerce and industry as the ministry of industry as he takes charge of trade and commerce. Mr Soludo approved the name...

Bank customers in Nigeria have lamented the rising spate of ‘illegal’ withdrawals from their accounts. Customers who were victims of the alleged ‘illegal’ withdrawal on Monday in Abuja urged authorities...

The National Operations Controller of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Mike Osatuyi, says the only realistic pump price of petrol is between N200 and N210 per litre....

In a bid to give verve to expansion of broadband services in the country, the Nigerian Communications Commission (NCC) has inaugurated an industry-wide committee to facilitate the deployment of broadband...

The African Development Bank (AfDB) President, Dr Akinwumi Adesina, says that the Africa Investment Forum has mobilised $110 billion in investment interests to Africa since its inception in 2018. Mr...

The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has stated that NCC will not relent in the promotion of latest and emerging technologies to...

An information technology firm, Amazon Web Services, Inc. (AWS), says it has opened its first office in Lagos, Nigeria. On Tuesday, Amrote Abdella, the firm’s regional manager of sub-Saharan Africa,...

The Gambian Minister of Communications and Digital Economy, Ousman Bah, at the weekend in Abuja, said Nigeria’s giant strides in telecom regulation are the reason that the nation’s telecoms development...