Business
Lagos Records Highest IGR for 2020 Q1
Lagos State recorded the highest internally generated revenue (IGR) with N204.51 billion within January and June, the National Bureau of...
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Hundreds of Lagosians To Be Sacked as Chevron Moves to Downsize Staff By 25%
Hundreds of Lagosians working with the oil and gas producing firm, Chevron, are to lose their jobs as the company...
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Goldman Sachs resumes job cuts after halting them during the pandemic
Goldman Sachs is resuming layoffs after pausing them during the coronavirus pandemic. The bank confirmed that it plans to eliminate...
Read moreNigeria To Conduct Business Census After 22 Years Since Last Count
22 years following the last count, the National Bureau of Statistics (NBS) has announced that it will begin the National...
Read moreDisney to cut 28,000 jobs at US theme parks
Walt Disney has announced it will lay off 28,000 employees, mostly at its US theme parks. Disney cited the parks'...
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Lagos Importers to Pay 5% More On Import Duties as Customs Commences Use of New Exchange Rate
Lagos-based importers are now to pay at least five percent extra on import duties following the implementation of the new...
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Alimosho, Ajeromi LGAs Receive Highest Allocation in Lagos for July
Alimosho and Ajeromi/Ifelodun Local Government Areas have received the highest allocations among 20 LGAs for the month of July this...
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Nigeria’s Foreign Reserve Rise by $140.9m, Hits $35.81bn
The Central Bank of Nigeria (CBN) has announced that the country’s foreign reserves rose by $140.9m from $35.67bn as of...
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CBN Investigating 55 Firms Over Forex Breach
The Central Bank of Nigeria (CBN) has begun investigating foreign exchange transactions of 55 companies and individuals. It linked them...
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Facebook to Launch Regional Base in Lagos by 2021
• Its second office in Africa As part of its continued commitment and ongoing investment in Africa, Facebook has on...
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