Business Archives - nigeria gossip, nigeria news

CBN Orders Banks, Forex Dealers To Accept Old, Lower Dollar Notes Or Face Sanctions

The Central Bank of Nigeria (CBN) has ordered commerical banks and authorised foreign exchange (forex) dealers to henceforth accept both old series and lower...

Dangote: Cement Price From Our Factories Is Between N2,450 And N2,510 Per Bag, VAT...

Management of Dangote Cement Plc has clarified that the price of a bag of cement from its factories and plants across Nigeria (as at...

Nike Sues Company That Partnered With Lil Nas X For His “Satan Shoes” With...

Nike said in the lawsuit that the company, MSCHF Product Studio Inc, infringed on and diluted its trademark with the black-and-red, devil-themed shoes, which...

Eni And Shell Acquitted Pf Corruption Charges In Purchase Of Nigerian Oilfield By Italian...

Eni and Royal Dutch Shell have been acquitted of corruption charges in the purchase of a Nigerian oilfield.   The long-running case revolves around the purchase of...

Elon Musk Loses $27billion In Just One Week And Falls Behind Jeff Bezos To...

Tesla's CEO, Elon Musk has lost $27 billion in wealth in the space of one week amid a selloff in the company's stock.   Musk, 49,...

Central Bank Of Nigeria To Pay N5 For Every $1 Sent And Received From...

  This was disclosed by the nation’s apex bank in a press release signed on Friday by the Director of Trade and Exchange Department, A.S...

CBN Okays Withdrawals Of Dollars From Domiciliary Accounts

The Central Bank of Nigeria (CBN) has announced the amendment of procedures for receipt of diaspora remittances in an apparent and frantic attempt to...

Looming Recession: Federal Government Cries Out Over Falling Revenue

The double tragedy of the fall fuel price and poor income revenue might plunge Nigeria into another season of recession if care is not...

Marks & Spencer To Cut 7,000 Jobs Over The Next 3 Months Due To...

Marks & Spencer, one of the largest British retail clothing and food companies is cutting 7,000 jobs over the next three months across its stores and management due...

Jason Njoku Reveals Why He Won’t Encourage His Children To Be Entrepreneurs

Iroko TV boss, Jason Njoku has revealed why he won't encourage his children to be entrepreneurs. In a tweet he shared, the British-Nigerian start-up investor who noted...

World News

Islamic Group Blams Ex Pre. Jonathan’s Administration Over Killings Of Palestine By Isreal

The Muslim Rights Concern (MURIC) has blamed the administration of former President Goodluck Jonathan for what Palestine is currently going through in the hands...

Turkish president speaks with Buhari, seeks Nigeria’s support for Palestine

President Buhari has had fruitful discussions with his Turkish counterpart, Erdoğan, via a phone call The Nigerian leader urged the Erdoğan-led Turkish government to give...

Israel Destroys Aljazeera, AP Media Building In Gaza

Israeli planes struck targets in the Gaza Strip again on Saturday. A building housing Al-Jazeera and AP media, which had previously been evacuated, was...