Chipper Cash implements another round of layoffs, less than 3 months after first round
Cross-border payment startup, Chipper Cash, has laid off another set of employees in the company as it struggles to find a balance. This will be the second round of layoffs…
VIDEO: Afrobeats stars Burna boy, Tems and Rema perform at NBA All-Stars Game
[embedded content] The 2023 NBA All-Star Game was hosted on February 19, 2023, at Vivint Arena (home of the Jazz) to commemorate the 30th anniversary of the first NBA All-Stars…
Naira falls sharply to N775/$1 at the black market on 20th February 2023
Naira depreciated sharply against the US dollar on Monday, 20th February 2023 to trade at an average of N775/$1, representing a 2.51% depreciation compared to N756/$1 recorded in the previous…
Nigerians spend $1.38 billion on foreign education in 9 months
Nigerians spent a whopping $1.38 billion on foreign education expenses between January and September 2022, data from the Central Bank of Nigeria (CBN) has shown. This amount represents a naira…
Apply Now: Nigeria’s National Agency for the Great Green Wall needs 1000 youth volunteers
National Agency for the Great Green Wall announced on Monday, February 20, that it is on the lookout for 1000 youth volunteers. A press statement that was signed by the…
Stanbic IBTC: The SUV is back on the road again
On January 30, 2023, Stanbic IBTC released its 2022 FY results, growing gross earnings by 39.31% year-to-year to N287.871 billion. Profit after tax grew by 42% year-on-year to N81 billion,…
Naira Scarcity: Abuja residents struggle as transporters insist on cash payments
Residents of Abuja are now facing extreme challenges navigating their daily transit to work and school, as transporters insist on cash payments amid Nigeria’s ongoing nationwide cash shortage. A Nairametrics…
Capital market is working to develop products for younger generation -SEC
The Securities and Exchange Commission (SEC) has said that the capital market is working to develop products that would make the market attractive to the younger generation. The Director General…
Presco: A tale of two halves
Presco Plc reported a profit after tax of N21.4 billion for the year ended December 2022, representing a 13.7% rise compared to 2021 when it reported N18.8 billion in profits.…
TikTok introduces new programme to help content creators earn more revenue
Short video social media platform, TikTok, has introduced what it called the ‘Creativity Programme’, which it said will allow content creators to earn more from their creativity. The programme, which is still…