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Day: November 9, 2022

BREAKING: Meta Lay Offs Over 11,000 Employees
Technology

BREAKING: Meta Lay Offs Over 11,000 Employees

In one of the year’s largest layoffs, Meta Platforms Inc. (META.O) announced that it will eliminate more than 11,000 employees,…

byakintundeNovember 9, 2022November 9, 2022
FG Exhorts those on Low Incomes to Adopt Cooperative Housing.
Local

FG Exhorts those on Low Incomes to Adopt Cooperative Housing.

The Federal Government has pushed the development of cooperatives to provide housing options for low and medium-income earners as part…

byakintundeNovember 9, 2022November 9, 2022
Climate Change: UK Commits £200million to Nigeria and Others.
AfricaenvironmentLocalWorld

Climate Change: UK Commits £200million to Nigeria and Others.

The African Development Bank’s Climate Action Window will get £200 million in support from the UK, according to James Cleverly,…

byakintundeNovember 9, 2022November 9, 2022
As the Cryptocurrency Market Collapses, Binance Intends to Purchase FTX.
CryptoCurrency

As the Cryptocurrency Market Collapses, Binance Intends to Purchase FTX.

To aid with a “liquidity bottleneck” at the rival exchange, cryptocurrency giant Binance reached a non-binding deal on Tuesday to…

byakintundeNovember 9, 2022November 9, 2022
Banks, MTN, and Airtel will all Collect VAT on their Goods.
Local

Banks, MTN, and Airtel will all Collect VAT on their Goods.

Beginning in January 2023, MTN, Airtel, and all money deposit institutions serve as agents; for the Federal Inland Revenue Service…

byakintundeNovember 9, 2022November 9, 2022
NAICOM Develops Strategies for the Insurance Sector’s Expansion.
Local

NAICOM Develops Strategies for the Insurance Sector’s Expansion.

The National Insurance Commission has reaffirmed its commitment to using a variety of approaches to bring the insurance industry up…

byakintundeNovember 9, 2022November 9, 2022
Queues Persist as Petrol Stock Dips by 5.48m litres
CommoditiesLocal

Queues Persist as Petrol Stock Dips by 5.48m litres

According to market statistics issued, the Nigerian National Petroleum Company Limited’s stock of Premium Motor Spirit, often known as gasoline,…

byakintundeNovember 9, 2022November 9, 2022
COP27: Nigeria Seeks $400billion for its Energy Transformation Strategy.
Local

COP27: Nigeria Seeks $400billion for its Energy Transformation Strategy.

The Federal Government is advocating for $400 billion in funds to aid in the implementation of Nigeria’s Energy Transition Plan.…

byakintundeNovember 9, 2022November 9, 2022
Food Security is Harmed by Severe Floods in West Africa.
Local

Food Security is Harmed by Severe Floods in West Africa.

The 50-year-old father of 12 is one of an estimated 4 million individuals in more than a dozen nations in…

byakintundeNovember 9, 2022November 9, 2022
Naira is Now One of the World’s Worst-performing Currencies.
Currency

Naira is Now One of the World’s Worst-performing Currencies.

The Nigerian naira is technically doing well this year; down just 4% against a strong US dollar and ahead of…

byayotilewaNovember 9, 2022February 8, 2023

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