Transcorp Hilton Hotel, Abuja.
Transcorp Hilton Hotel, Abuja, has said it is reducing 40 percent of its workforce due to losses caused by the COVID-19 pandemic.
All executives of the hotel have also taken a pay cut.
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Fuel prices in Nigeria rise to N145/liter
Fuel prices in Nigeria rise to N145/liter
The Petroleum Products Pricing Regulatory Agency has announced a new price band of N151.56 per litre for Premium Motor Spirit also known as petrol.
This new development was contained in a...
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The Asset Management Corporation of Nigeria has called on the National Assembly for legislative support in recovery of N5trn debt from defaulters.
Managing Director/Chief Executive Officer of the corporation, Mr Ahmed Lawan Kuru,...
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Owners of stalls at Lagos Airport terminal have bemoaned what they call ‘forceful eviction’ by management of the Federal Airport Authority of Nigeria.
FAAN had in a letter to some selected stall owners directed them to leave the...
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Akinwumi Adesina
Akinwumi Adesina
Former Nigeria’s Minister of Agriculture, Akinwunmi Adesina, has been re-elected as President of the Africa Development Bank.
Adesina was re-elected by the Board of Governors of the bank at the ongoing AfDB’s...
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Amazon Chief Executive Officer, Jeff Bezos, on Wednesday became the world’s first person ever to hit a net worth of $200bn as the tech giant’s stock continued a steady climb that kicked off in mid-March.
With Amazon stock edging up...
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The National Bureau of Statistics has said that Consumer Price Index, which measures inflation, increased to 13.22 per cent year-on-year in August 2020.
The NBS made this known in its CPI and Inflation Report for August released on...
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A Federal High Court sitting in Lagos on Monday declined hearing an application filed to lift an order of injunction restraining South African retail outlet, Shoprite Checkers (PTY) Limited from transferring its assets.
Justice...
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South Africa’s grocery retailer, ShopRite, is leaving Nigeria 15 years after it opened shop in the West African country.
Shoprite opened its first store in Lagos in December 2005.
In a trading update filed at the Johannesburg Stock...
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