Business & Economy

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...

1,500 staff members redeployed from the CBN have commenced work at the Lagos office

Over 1,500 Central Bank of Nigeria staff members are set to resume at the Lagos office this Friday after being redeployed from the headquarters. Despite...

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