Alibaba Group to split into 6 business units
Chinese e-commerce giant Alibaba on Tuesday announced that it would split into six smaller business units. The split will include...
Economy/Technology
Stock market dips by 1.2% amid profit-taking
The Nigerian Exchange Ltd. (NGX) on Tuesday witnessed further drop in market indices by 1.2 per cent, amid sustained negative...
Domestic food prices remain high- World Bank
The World Bank says domestic food price inflation remains high across the world. This is according to the latest Food...
Naira drops to N461.50 against dollar
The Naira depreciated against the dollar on Monday, exchanging N461.50 at the investors’ and exporters’ window. The rate represented a...
Senate passes bills to extend implementation of 2022 budget
The Senate on Tuesday at plenary passed two bills seeking to extend the implementation of capital components of the 2022...
Cadbury Nigeria posts N55.2bn earnings
Cadbury Nigeria Plc, a subsidiary of Mondelēz International, has recorded gross earnings of N55.21 billion for the full year ended...
Buhari inaugurates first oil drill in Nasarawa
President Muhammadu Buhari on Tuesday inaugurated the first drilling of the Ebenyi-A Exploration Well located in the Middle Benue Trough...
Oil exploration in Nasarawa to increase Nigeria’s reserves – NNPC Ltd
The Nigerian National Petroleum Company Limited (NNPC Ltd) says the positive outcome of Ebenyi-A Exploration Well would contribute to national...
NCDMB appeals to oil, gas firms to invest in research, development
The Nigerian Content Development and Monitoring Board (NCDMB) has called on oil and gas companies to set aside a percentage...
Twitter’s value now $20bn – Musk
Elon Musk has put the current value of Twitter at $20 billion, less than half the $44 billion he paid...
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