Poor consumer spending, local consumption and weakening sales and low consumption are currently reducing the chances of survival and shrinking the profit margin of companies in the fast-moving consumer goods (FMCG) sector...
29 Jun 2023
Succour may have come the way of patient investors who endured long periods of a downturn on the Nigerian Exchange Limited (NGX) as bold economic reforms of the new government have lifted stock market capitalisation by N5 trillion in the first half (H1) of the year.
Innovations for Poverty Action (IPA) has said that leveraging global research and policy adaptability is essential to liberating nations from poverty. Chief Global Programme Officer, IPA, Claudia Casarrotto, stated this at a Nigeria Evidence Summit organized by the IPA tagged Translating Emerging Evidence for Impact, in Abuja. According to her, the IPA shares knowledge in…
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The Police Service Commission (PSC) has assured Nigerians that the ongoing recruitment exercise into the Nigeria Police Force would be merit-based adding that it had begun inviting shortlisted candidates for the March 2024 JAMB CBT Exams. This was made known by PSC spokesperson Ikechukwu Ani in a statement made available to the Guardian. Ani said,…
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Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that only five percent of Nigerians can boast of more than N500,000 in their bank accounts. Edun disclosed this in an interview on Channels Television on Friday. "There has been an effort to ensure that the people’s money is not in the…
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President Bola Tinubu has expressed confidence in the possibility of lasting peace, security and prosperity in the West African region. He said this at the Extraordinary session of the Authority of Heads of States and Government on the Political, Peace and security in ECOWAS region in Abuja, on Saturday. Tinubu said the complexities of the…
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Hospital doctors in England on Saturday kicked off another five-day strike, as their protracted pay battle with the government rumbles on with few signs of a break in the deadlock.
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Ukrainian President Volodymyr Zelensky promised victory against Russia on the second anniversary of the invasion on Saturday as his troops fight on despite a lack of Western aid and recent Russian gains.
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Worried West African leaders were set to meet on Saturday for talks on coup-hit Niger and a string of crises that have rocked the region.
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Binance Holdings Ltd (BHL), the world's biggest cryptocurrency exchange, is to pay $4.3 billion for violations of anti-money laundering and sanctions laws in a settlement approved by a US judge on Friday. US District Judge Richard Jones in Washington state approved a plea agreement between Binance and federal prosecutors which calls for the company to…