Business

Business – Gist Alerts

NNPC Discovers Oil In Nasarawa

The Nigerian National Petroleum Company (NNPC) Limited on Friday announced the discovery of oil in Nasarawa State and said it…

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Amazon To Sack More Than 18,000 Staffs

The online retail giant Amazon has announced it’s plans to lay off 18,000 of it’s staffs, citing the “uncertain economy”…

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Wema Bank Appoints New MD

Wema Bank Plc. has announced the retirement of its Managing Director/CEO, Ademola Adebise, who will be going on terminal leave…

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Guaranty Trust Bank Suspends International Transactions On Naira Cards

Guaranty Trust Bank (GTBank) has announced that it will halt all international transactions on its naira Mastercard from Saturday, December…

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Naira Hits N740/$ At Parallel Market

Naira hits N740 per dollar at the parallel section of the foreign exchange (FX) market, popularly called the black market.…

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UK Inflation Rate Falls To 10.7% In November

United Kingdom’s inflation dropped to 10.7% in November but sat near the highest level in more than 40 years, data…

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Naira Depreciates, Hits N745/$ At Parallel Market

Naira dropped against the dollar at the parallel and official sections of the foreign exchange market. Bureaux De Change operators…

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Buhari Unveils Redesigned Naira Notes

President Muhammadu Buhari on Wednesday finally unveiled the newly re-designed Naira Notes as proposed by the Central Bank of Nigeria…

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CBN Increases Interest Rate To 16.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria on Tuesday, voted to increase the benchmark interest rate…

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UK Unemployment Rate Increases To 3.6%

The United Kingdom unemployment rate has risen to 3.6 percent but is still close to the lowest level in almost…

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