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IBM to stop recruiting, may replace 7,800 jobs with AI
The Chief Executive Officer of the International Business Machines Corporation, Arvind Krishna, has said the company will pause job recruitment ...Buhari approves partial exclusion of finance ministry from TSA
President Muhammadu Buhari has approved the partial exclusion of the Ministry of Finance Incorporated from the Treasury Single Account. The ...Otedola sells stake in Transcorp to Tony Elumelu
Chairman of Geregu Power, Femi Otedola, has exited his 6.3 percent stake in Transnational Corporation Plc, a diversified conglomerate with ...Nigeria Breweries posts N10.7bn loss in Q1 amid cash scarcity, insecurity Nigerian Breweries
The Managing Director and Chief Executive Officer of Nigerian Breweries Plc, Hans Essaadi, has said insecurity, especially the sit-at-home declared ...Ex-NNPC GMD, Andrew Yakubu, sues EFCC, CBN over refusal to release seized $9.8m
A former Group Managing Director of the Nigerian National Petroleum Corporation, Andrew Yakubu, has sued the Economic and Financial Crimes ...Oando rolls out 12,000 electric buses, says mass transit needs private sector
Oando Clean Energy Limited has acquired about 12,000 electric vehicles from Chinese carmaker, Yutong Bus. OCEL is the clean energy ...Fidelity Bank doubles profit before tax, records double-digit growth
Fidelity Bank Plc doubled its profit before tax in 2022, according to its audited financial statements released on the Nigerian ...Claim of ‘illegal’ sale of 48m barrels of oil unfounded, Malami tells reps panel
Attorney-General of the Federation and Minister of Justice, Abubakar Malami, on Thursday, appeared before a House of Representatives ad hoc ...Cash scarcity crippled Nigeria’s economy, says UN
The shortage of the naira in recent times crippled the Nigerian economy, the United Nations has disclosed. It stated that ...Transcorp raises dividends for shareholders by 150%, group revenue hits N135bn
Transnational Corporation Plc (Transcorp) has declared a dividend of 5k per share, a 150% increase over the previous year’s dividend. ...
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