Oprah Winfrey Resigns from Weight Watchers: A Significant Shift in the Company’s Direction. Oprah Winfrey, renowned as the world’s wealthiest black woman with a staggering net worth of $2.8 billion according to Forbes, is bidding farewell to her nearly…
U.S. Dollar Sees First Weekly Dip in 2024, Naira Gains Momentum. In the latest currency market movements, the U.S. dollar index is poised for its inaugural weekly decline of the year, while the Nigerian naira exhibits strength in both…
Nigeria Anticipates $22.82 Billion Investment from 1068 Approved Oil Projects. The Nigerian government has unveiled plans for an estimated $22.82 billion investment across 1,068 oil and gas projects greenlit between 2022 and 2023. These projects, spanning the nation, signal…
Federal Government Initiates $120 Million Payment to Gas Suppliers to Boost Production. The Federal Government has taken significant steps towards stimulating gas production in Nigeria by making a payment exceeding $120 million to gas suppliers. This payment is part…
Central Bank of Nigeria (CBN) Revokes Licenses of 4,173 BDCs: Regulatory Update. In a significant regulatory move, the Central Bank of Nigeria (CBN) has announced the revocation of operational licenses for over 4,000 Bureau De Change (BDC) operators under…
Nigeria Imposes $10 Billion Fine on Binance Amid Forex Crisis In a significant move, the Federal Government of Nigeria has levied a hefty $10 billion fine against Binance, a prominent cryptocurrency trading platform, citing its alleged role in exacerbating the…
MTN Nigeria Faces N740 Billion Forex Losses, Shareholder Funds Impacted. In a significant financial downturn, MTN Nigeria Plc has recorded a loss before tax of N177.8 billion, a stark contrast to the N518.8 billion pre-tax profit reported a year…
Secure Your Career: Elderly Care Job Opportunities in the USA with Visa Sponsorship in 2024. The demand for skilled caregivers specializing in senior care is escalating alongside the growing population of older adults in the United States. With a…
Here is the list of top 10 Best places to study abroad in Europe. Europe stands as a beacon of educational excellence, offering top-tier institutions, enriching experiences, and a vibrant cultural milieu for students worldwide. With its diverse landscape…
Boosting the Naira: MAN Urges FG Support for Local Producers. The Manufacturers Association of Nigeria (MAN) has urged the Federal Government to bolster the country’s economy and enhance the international value of the naira by backing local producers. This…