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Category: Business
Twitter Rival Threads Signs Up 100 Million Users In Five Days
The Threads app launched by Instagram as a rival to Twitter has signed up more than 100 million users in less than five days, data…
Monthly fuel consumption drops by 18.5million litres after deregulation – FG
The volume of Premium Motor Spirit, popularly called petrol, that was consumed across the country in the first half of 2023 is 11.26 billion litres,…
Twitter threatens to sue meta over rival app Threads
The battle between Elon Musk’s Twitter and Mark Zuckerberg’s Meta over the launch of Threads — Instagram’s Twitter rival — has taken a legal turn….
All you need to know about Threads, a new app created by Mark Zuckerberg to rival Twitter
Threads is a new app from the parent company of Facebook, Instagram and WhatsApp owned by Mark Zuckerberg. The app, which was officially launched on…
World Bank projects 25% inflation in Nigeria in 2023
The World Bank has projected that inflation may hit 25 per cent in 2023 as a result of petrol subsidy removal. This projection was contained…
Subside Removal: IPMAN denies plan to increase petrol price to N700 per litre
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has dismissed speculations suggesting that its members are planning to raise the price of petrol to N700…
Apple tops $3trn in market value as US stocks rally
Wall Street stocks advanced early Friday following the latest moderation in US consumer inflation as Apple powered above $3 trillion in market valuation. The personal…
FULL LIST: FG To Stop Funding Professional Bodies, Councils
Over 30 professional bodies and councils are affected in the latest cost-cutting measure by the President Bola Tinubu administration. The Federal Government says it will…
Nigeria torn between low interest rates, strong naira as foreigners swirl
It’s 2016 all over again in Nigeria. Africa’s biggest economy is once again torn between achieving low interest rates and raising them to attract the…
SERAP threatens legal action, asks CBN to withdraw regulations on customers’ social media handles
Socio-Economic Rights and Accountability Project (SERAP) has urged Mr Folashodun Shonubi, Acting Governor, Central Bank of Nigeria (CBN) to “immediately delete the patently unlawful provisions…