Business

485 Articles
Alibaba says profit falls 81% as China cracks down on big tech
business Nov 19, 2021
Alibaba says profit falls 81% as China cracks down on big tech

Chinese e-commerce leader Alibaba Group said on Thursday that its profit for the most recent quarter tumbled 81 percent as it grappled wit...

Nigeria to receive $17.6bn inflows — World Bank
business Nov 19, 2021
Nigeria to receive $17.6bn inflows — World Bank

The World Bank has estimated that remittance inflows into Nigeria increased to $17.6billion this year from $17.21billion last year. The ba...

Why Oyingbo Market was closed — Iyaloja General
business Nov 19, 2021
Why Oyingbo Market was closed — Iyaloja General

Chief Mrs Folashade Tinubu Ojo, the Iyaloja General of Nigeria has explained the circumstances that led to the closure of the popular Oyin...

October revenue drops as FG, states, LGs share N671.910bn
business Nov 18, 2021
October revenue drops as FG, states, LGs share N671.910bn

The Federation Account Allocation Committee (FAAC) has shared a total of N671.910 billion to the federal, state and local governments for...

CBN to sell N1trn treasury bills in next 3 months, resumes forex sales to banks
business Nov 12, 2021
CBN to sell N1trn treasury bills in next 3 months, resumes forex sales to banks

he Central Bank of Nigeria, CBN, has scheduled Treasury Bills, TBs, sales worth N1.06 trillion with effect from next week to year end....