Business & Economy

The International Monetary Fund (IMF) highlights that soaring inflation is causing significant challenges in Nigeria

Rampant inflation is causing considerable challenges in Nigeria, according to recent revelations by the International Monetary Fund (IMF). During the January 2024 World Economic Outlook...

GSK experiences a 34% decline in profit

GlaxoSmithKline Consumer Nigeria Plc experienced a 33.76% decrease in profit, falling to N510.80m in 2023 from N771.15m in the preceding financial year, according to...

Disagreement between CBN and international airlines regarding a $700 million fund in limbo

The Central Bank of Nigeria and foreign airlines operating in the country are at odds regarding the total amount of unpaid ticket revenue. The CBN...

Oyo secures three awards for advancements in ICT development

Oyo State has secured three accolades during the recent general meeting of the National Council on Communications and Digital Economy. The state received recognition for...

Pension funds experience a notable 22% increase, reaching N18 trillion, according to NAICOM

The National Pension Commission reported that the Contributory Pension Scheme's total assets reached N18.36tn by the close of 2023, marking a 22.43% appreciation in...

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