Toyota grants factory workers largest pay increase in 25 Years
Toyota Motor, along with other major Japanese companies like Panasonic, Nippon Steel, and Nissan, has agreed to grant its factory…
Day: March 13, 2024
Insights into European and global markets: a perspective by Tom Westbrook
Japanese Pay Agreements: Major Japanese companies have acquiesced to union pay demands in full, signaling potential for stronger wage momentum.…
FG Postpones Launch of Students Loan Indefinitely
The Federal Government has announced the indefinite postponement of the launch of the Nigerian Students Loan Scheme. Akintunde Sawyer, the…
Bode Abifarin Steps Down as COO of Flutterwave
Bode Abifarin has announced her resignation from her role as Chief Operating Officer (COO) at Flutterwave, a leading fintech startup.…
Airbnb Bans Security Cameras in Guest Homes
Airbnb has announced a significant policy change, banning the use of indoor security cameras in guest homes globally. The decision…
Sokoto Allocates N6.7 Billion for Ramadan Feeding Programme
The Sokoto State government has announced plans to allocate N6.7 billion towards its Ramadan feeding programme, aimed at supporting the…
Saudi Aramco’s Dividend Payouts Exceed Nigeria’s Budget
Saudi Aramco, the majority state-owned oil firm of Saudi Arabia, announced a significant dividend payout of $97.8 billion in 2023,…
UK to offer incentives for failed asylum seekers to move to Rwanda
In a new initiative, failed asylum seekers in the UK will be offered up to £3,000 as part of a…
US oil prices rise on expectations of strong demand
0il prices climbed on Wednesday, buoyed by optimistic forecasts of robust global demand, particularly in the United States, and despite…
$1.2 million trade facility to boost Nigeria’s export capacity
The World Trade Organization (WTO), in collaboration with the International Finance Corporation (IFC), has launched a N1.9 billion ($1.2 million)…
Foreign Investor Eyes LivingTrust Mortgage Bank
LivingTrust Mortgage Bank Plc is set to receive a significant boost with a foreign investor eyeing a 7% stake in…
Tinubu submits FCTA 2024 budget to Reps
President Bola Tinubu has presented the 2024 budget proposal for the Federal Capital Territory Administration (FCTA) to the House of…
Nigeria will secure Gulf of Guinea, Tinubu tells Equatorial Guinea president
President Bola Tinubu reaffirmed his administration’s commitment to securing the Gulf of Guinea during a meeting with the Special Envoy…
Unity Bank, SkillPaddy train 1,000 female software engineers
Unity Bank Plc has collaborated with the tech platform, SkillPaddy, to launch the ‘Count Her In’ tech programme aimed at…
Neveah raises workers’ salaries by 44%
Neveah Limited, an indigenous commodities export company, has announced a significant 44 percent increase in the salaries of its employees,…
Nigerians experience relief as prices of sugar, Indomie, others drop
The recent reduction in food prices, particularly for items like noodles, sugar, rice, beans, and others, comes as a welcome…
FG Begins Talks with Aircraft lessors
The Federal Government is actively engaging with aircraft leasing and manufacturing companies to boost local investments in Nigeria’s aviation sector.…