Global Business

Thousands Of Dollars Flown Out Of Nigeria Every Hour – INTERPOL

The International Police Organisation (INTERPOL), on Monday, revealed that “hundreds of thousands of dollars” are being laundered out of Nigeria to other African countries...

IMF downgrades Nigeria’s 2024 GDP growth in revised economic outlook

The International Monetary Fund (IMF) has downgraded Nigeria’s real GDP growth in 2024 from 3.3% in its earlier projection in April to 3.1%.   The IMF...

Exclusive: Meta to shrink Lagos office after 2023 layoffs affected Nigeria

Meta, the parent company of Facebook, Instagram, and WhatsApp, will reduce its office space in Lagos after global layoffs in mid-2023 affected its Nigerian...

Mansard’s 704% profit surge masks core operational concerns

Mansard's 704% profit surge masks core operational concerns Mansard’s recent Q1 2024 earnings report has captivated attention and applause.   With an astounding 704% surge in pre-tax...

World Bank mandates hiring security consultant for $1.2 billion loan project in Nigeria 

The World Bank has mandated the hiring of a security consultant to address pervasive insecurity issues affecting its $1.2 billion loan project in Nigeria.   The...

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