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BUSINESS NEWS

Business and Economic News from Nigeria

The company has been reviewing its long-term options in Africa after currency devaluations.
The airline is seeking protection under chapter 15 of the US bankruptcy code.
Telcos have moved from macro Sims to micro and nano Sims, now we have the eSims.
In recent weeks, oil demand has really suffered a setback.
The Naira depreciated against the dollar at the Investors and Exporters (I&E) window on Tuesday.
The price of Spot gold as at 05.59 GMT was up by 0.20% to trade at $2,023.41.
Wholesale/retail trade had the highest prospect for employment in August.
Foreign outflows grew to N31.1bn (US$81.8m) compared with N16.8bn (US$44.2m) in May.
According to the notice, Avuru will be considered a “good leaver” on his retirement.
The backlash NIPOST got from SME proved enough to get the attention of the FG.
Trump had raised security concerns about TikTok’s entry into the United States.
The technology firm has been under heavy scrutiny and criticism from the US government.