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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Radio Stations Cut Down On Operationals Hours Due To High Cost Of Deisel
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;
Read More »Bento Africa Suspends CEO Ebunoluwa Okunbanjo After ‘Toxic Workplace’ Report
…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 …
Read More »Lagos State On Its Way To Becoming The Silicon Valley Of Africa -Sanwo-Olu
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 …
Read More »French Automaker, Renault Suspends Industrial Activities In Russia
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 …
Read More »Russia’s MOEX Stock Index Is Up 9%
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, …
Read More »FCCPC Takes Action As MultiChoice Increases DStv/GOtv Subscription
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 …
Read More »Massive Job Cut Looms As Dollar Hits ₦590, FOREX Scarcity Bites Harder
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 …
Read More »Text & Video Of Sanwo-Olu’s Speech @ The Opening Of Dangote Fertilizer
Mr President. . .president of the Federal Republic of Nigeria. Your excellency, the Senate president. Your excellency, the right honourable speaker. My brother governors that are here, past and present, especially Asiwaju, who I’ll talk about very shortly. The deputy secretary-general of the United Nations, our pride in New York, …
Read More »Microsoft Opens It First African Development Center In Lagos
Multi-billion dollar American company, Microsoft,will today open its first African Development Center in Nigeria where geniuses will provide software engineering solutions to the world and Africa, in a $100m investment, alongside Kenya.The hub in Lagos will be the first in Africa.
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