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BUA Group Chairman Abdul Samad Rabiu Implements 50% Salary Increase for All Staff Amidst Economic Hardship
Nigeria BUA Group Chairman Abdul Samad Rabiu Implements 50% Salary Increase for All Staff Amidst Economic Hardship
Nigeria News
1 min read
In a significant departure from conventional norms, Abdul Samad Rabiu, Chairman of BUA Group, has announced a groundbreaking decision to increase...
Victory for Accra Workers: Twitter Addresses Severance Amid Layoffs
Africa Victory for Accra Workers: Twitter Addresses Severance Amid Layoffs
Nigeria News
1 min read
After Elon Musk's takeover, Twitter has finally paid severance to its former African team based in Accra, according to their lawyer, Carla...
Nigerian Breweries Reports N106 Billion Loss in 2023 Amid Economic Headwinds
Nigeria Nigerian Breweries Reports N106 Billion Loss in 2023 Amid Economic Headwinds
Nigeria News
1 min read
In a stark contrast to its 2022 financials, Nigerian Breweries Plc has reported a staggering net loss of N106 billion for the fiscal year 2023...
Naira Nosedive: Closes Week at N1,537, Defying Central Bank Measures
Nigeria Naira Nosedive: Closes Week at N1,537, Defying Central Bank Measures
Nigeria News
2 min read
In a tumultuous week for Nigeria's economy, the national currency, the Naira, experienced unprecedented depreciation, closing at N1,537.96 at the...
Concerns Mount as Abuja Witnesses Sharp Spike, Cement Prices Reach N15,000
Nigeria Concerns Mount as Abuja Witnesses Sharp Spike, Cement Prices Reach N15,000
Nigeria News
1 min read
In a recent market survey conducted by DAILY POST, the price of a 50-kilogram bag of cement in the Federal Capital Territory has seen an alarming...
Crisis Unfolds: Cement Prices Skyrocket to N9500 in Lagos, Retailers Hit Pause Amid Economic Strain
Nigeria Crisis Unfolds: Cement Prices Skyrocket to N9500 in Lagos, Retailers Hit Pause Amid Economic Strain
Nigeria News
1 min read
The price of a 50kg bag of cement has skyrocketed to approximately N9500 in numerous retail outlets across Lagos, intensifying the impact of...
Dangote Refinery Eyes Global Market with Two Fuel Exports
Nigeria Dangote Refinery Eyes Global Market with Two Fuel Exports
Nigeria News
1 min read
Nigeria's Dangote Petroleum Refinery is set to export two fuel cargoes, signaling a significant step for the $20 billion facility commissioned...
CBN Cracks Down on Forex Malpractices: Ends Cash Payments for Travel Allowances
Nigeria CBN Cracks Down on Forex Malpractices: Ends Cash Payments for Travel Allowances
Nigeria News
1 min read
The Central Bank of Nigeria (CBN) has introduced a pivotal policy shift, instructing authorized dealer banks to discontinue the payout of Personal...
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