Bolt Nigeria Denies Mass Layoff Claims, Attributes Staff Reduction to Automation and Process Updates
Ride-hailing company Bolt Nigeria has refuted claims that it recently laid off a significant number of employees to improve productivity…
Nigerian Government Announces Plan to Remove Naira from Peer-to-Peer Exchanges
The Nigerian government has announced its decision to remove the Naira from all peer-to-peer (P2P) exchanges. This move is aimed…
OPay Speaks Out on CBN Restriction Over Illicit FX Transactions
Financial technology company, OPay, has broken its silence over the recent restriction imposed by the Central Bank of Nigeria (CBN).…
ByteDance Denies Reports of TikTok Sale to American company Amid US Ban Threats
ByteDance, the parent company of TikTok, has refuted speculations of considering the sale of the popular social media platform amidst…
JUST IN: Dangote crashes price of diesel to N1,000 per litre
Dangote Petroleum Refinery has made a significant announcement regarding the price of diesel, reducing it from N1,200 to N1,000 per…
Transmission company of Nigeria blames fire incident for national grid collapse
The Transmission Company of Nigeria (TCN) has attributed the collapse of the national grid on Monday to a fire incident,…
CBN approves daily sale of $10,000 to BDCs at ₦1,101/$
The Central Bank of Nigeria (CBN) has approved the daily sales of $10,000 to 1,588 eligible Bureau De Change (BDC)…
Nigerian economy records $1.5b inflow within a week – CBN
Emma Ujah, Abuja Bureau Chief, reported that the Nigerian economy experienced a $1.5 billion inflow within a week after the…
