The World Bank announced that the naira suffered a record depreciation of 10.2 percent in 2022. This, the World Bank…
Read More »Business
Business – Gist Alerts
Peer-to-peer Bitcoin platform, Paxful, with 1.5m users in Nigeria, has announced that it is shutting down its operations. This was…
Read More »Wema Bank Plc, on Saturday, announced the appointment of Moruf Oseni as its substantive Managing Director and Chief Executive Officer,…
Read More »Central Bank of Nigeria’s Monetary Policy Committee has voted to increase the benchmark interest rate by 50 basis points to…
Read More »The Lebanese pound sank to a historic low against the dollar on the parallel market Tuesday, the latest sombre milestone…
Read More »Bitcoin hit an eight-month high to increase past $25,000 on Thursday as the volatile cryptocurrency surges regardless of pressure from…
Read More »E-commerce company, Jumia, made it known on Thursday that it has dismissed a total of 900 employees following the slashing…
Read More »For the very first time in 11 months Nigeria’s inflation dropped to 21.34 percent. The country’s inflation rate had risen…
Read More »The Nigerian National Petroleum Company (NNPC) Limited on Friday announced the discovery of oil in Nasarawa State and said it…
Read More »The online retail giant Amazon has announced it’s plans to lay off 18,000 of it’s staffs, citing the “uncertain economy”…
Read More »