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Spotify to lay off 6% of workforce over surge in ‘operating expenses’
Online music streaming platform, Spotify, has said it plans to cut 600 jobs due to possible recession. Disclosing this in ...Passengers stranded at Lagos airport as NAHCO embarks on strike [VIDEO]
The Nigerian Aviation Handling Company Plc has embarked on a strike over salary increment, grounding international flights at the Murtala ...Petrol may hit N800/litre on subsidy removal, say marketers
Oil marketers have said the cost of petrol would cross N800/litre once subsidy on Premium Motor Spirit is removed. Industry ...Warri-Itakpe service suspended as train derails in Kogi
The Nigerian Railway Corporation has said the Warri-Itakpe rail service has been suspended after a train derailed at kilometre 30 ...Fuel crisis won’t end soon, say govt, marketers
A senior government official and marketers have dashed the hope of an early resolution of the fuel crisis problem by ...Ban on cash withdrawals from public accounts not to fight governors, says NFIU
The Nigerian Financial Intelligence Unit has said that its ban on cash withdrawals for all federal and state accounts is ...Google to lay off 12,000 employees globally
Google’s parent firm, Alphabet Inc. an American multinational technology conglomerate company, has announced plans to lay off 12,000 workers. Alphabet’s ...Reject old naira notes from banks, CBN tells Nigerians
The Central Bank of Nigeria has directed customers to reject old naira notes from banks, warning that the old notes would ...Rising petrol price now N300 per litre
The scarcity of Premium Motor Spirit, popularly called petrol, grew worse across the country on Thursday, as massive queues were ...Nigeria’s unemployment rate to hit 37% in 2023, NESG projects
The Nigerian Economic Summit Group has said the country’s unemployment rate may to rise to 37 percent in this year. ...
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