Meta Removes 63,000 ‘Yahoo Boys’ Accounts
Meta, the parent company of WhatsApp, Facebook, and Instagram, has removed 63,000 accounts connected to ‘Yahoo Boys’ targeting users in…
Day: July 25, 2024
First Bank/Visa Promo To Reward 520 Cardholders
First Bank, in partnership with Visa, has launched a Visa Cross Border and Summer campaign running from April 1 to…
CBN’s 26.75% Interest Rate Will Worsen Purchasing Power – MAN
The Manufacturers Association of Nigeria (MAN) has expressed concerns over the Central Bank of Nigeria’s (CBN) recent hike in the…
Hardship: Stranded foreign scholars groan as FG slashes allowances
The Federal Government of Nigeria has announced a 12.7% cut in allowances for students studying abroad in countries like Russia,…
Certain Workers Excluded from Nigeria’s New N70,000 Minimum Wage
As workers anticipate the implementation of Nigeria’s new N70,000 minimum wage, not all will benefit from this increase. According to…
Naira depreciates to N1,575/$ in parallel market
The Naira depreciated to N1,575 per dollar in the parallel market, down from N1,565 per dollar the previous day. In…
Nissan shares plunge after profit warning
Nissan shares tumbled over 10% after issuing a profit warning due to fierce sales competition, particularly in the United States.…
Unilever Sees 4% Profit Rise in H1 2024
Unilever reported a 4% increase in net profit for the first six months of 2024, reaching 3.7 billion euros ($4.0…
CBN sells one-year Treasury Bills at 22.1% in July auction
The Central Bank of Nigeria (CBN) sold one-year Treasury Bills at a 22.1% stop rate during its July 24 auction…
FCMB posts N64.2 billion pre-tax profit in the first half of 2024
FCMB Group recorded a profit before tax of N64.2 billion in the first half of 2024, a 68% increase from…
ETH Spot ETFs Underperform, Triggering Crypto Sell-off
The recent poor performance of newly launched ETH spot ETFs caused a significant decline in the crypto market early Thursday.…