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Meta Chief Executive Officer, Mark Zuckerberg has lost his spot in the list of top 10 richest men in the United States for the first time since 2015, following the astonishing stock price

The Central Bank of Nigeria has raised the Monetary Policy Rate (MPR), which measures interest rate, to 15.5 percent from 14 percent to tame rising inflation. CBN Governor, Godwin Emefiele, made this known on

The National Bureau of Statistics says the price of Liquefied Petroleum Gas popularly known as cooking gas increased by 101.17% in the last one year. In its Price Watch for August 2022, the Bureau

The National Bureau of Statistics (NBS) on Thursday said Nigeria’s inflation rate rose to 20.52 per cent in August 2022. In its report titled, ‘CPI and Inflation Report August 2022’, the Bureau stated, “In

Apple has been barred from selling iPhones without a charger in Brazil and fined more than $2 million over the issue, the government said Tuesday, after accusing the US tech giant of “discriminatory

The National Union of Electricity Employees (NUEE) has rejected the planned privatisation of the Transmission Company of Nigeria (TCN). The union of the nation’s electricity workers said the move would only be in the

The OPEC+ oil cartel agreed Monday to cut production for the first time in more than a year as it seeks to lift prices that have tumbled due to recession fears. The move could

Inflation in South Africa accelerated to its highest level in 13 years in July, pushed mainly by surging food, transport and electricity prices, official data showed Wednesday as workers staged protests over the

Italian sports car maker Lamborghini has already pre-sold the entire production run to early 2024, its boss told AFP on Tuesday, with luxury goods seemingly unaffected by global economic uncertainty. The Volkswagen subsidiary is

The country’s Consumer Price Index (CPI), which measures the level of price change in goods and services, hit 19.64 percent in July 2022 from the 18.60 percent recorded in the last month. This means a

The Nigerian Communication Commission (NCC), yesterday, expressed worries over theft and vandalisation of telecommunication infrastructures across the nation. NCC said security agencies can not be at all sites of the telecommunication infrastructures, hence, the

The continuous weakening of Nigeria’s legal tender — Naira — in both parallel and official markets, in the past weeks, has put the Central Bank (CBN) Governor, Godwin Emefiele, under the attention and

Almost a year after the Central Bank Digital Currency (CBDC) known as the eNaira, which was launched by President Muhammadu Buhari, is yet to fully permeate the financial industry, a situation the Central

The Director General of the Industrial Training Fund (ITF), Sir Joseph Ari, has identified a lack of requisite skills as the reason why over 23 million young Nigerians cannot fit into job vacancies

Twitter demanded Monday that Elon Musk complete a proposed $44 billion takeover of the social media company, slamming the Tesla chief’s withdrawal of his offer as “invalid and wrongful.” “Twitter has breached none of