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Everything You Need to Know About the NDDC Youth Internship SchemeI want to apply
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Europe
Citizens Navigate Economic Anxiety as UK Enters Recession: Concerns Rise Over Job Security and Financial Stability
The United Kingdom's economy slipped into a recession during the second half of 2023, creating a complex backdrop for Prime Minister Rishi Sunak as he approaches an expected election later this year. Official data revealed a contraction of 0.3% in GDP for the three months ending in December...
Nigeria
Economic Concerns as Naira Depreciates to N1,565/$ in Parallel Market, Widening Gap with Official Rates
The Nigerian Naira experienced fluctuations against the US dollar, reaching an intra-day high of N1,582 while witnessing a notable decline in forex turnover, plummeting by 56.58% to $117.87 million.
Both official and black-market exchange rates saw a marginal decrease in the value of the Naira...
The United Kingdom and Nigeria are about to sign a significant partnership agreement that allows British lawyers to work and provide services in Nigeria. This collaboration, set to be formalized soon, aims to boost trade and investment between the two nations.
The deal, known as the Enhanced...
In a dramatic turn of events, the official exchange rate between the naira and the dollar plummeted to an unprecedented low of N1,534 on the NAFEM market, marking the weakest point in the currency's history. The day's forex turnover, a mere $89 million, revealed a sharp 64.69% drop in comparison...
Nigeria
Access Holdings PLC Appoints Bolaji Agbede as Acting CEO Following Tragic Loss of Former CEO, Dr. Herbert Wigwe
In a somber announcement on Monday, Access Holdings PLC revealed the appointment of Ms. Bolaji Agbede as the Acting Group Chief Executive Officer. This decision comes in the wake of the tragic helicopter crash that claimed the lives of its former Group CEO, Dr. Herbert Wigwe, his wife, son, and...
Nigeria
Nigerians Demand that Government Ignore IMF Over Subsidy Removal Pointing Out Double Standards
In the wake of the International Monetary Fund's (IMF) recommendation for the Nigerian government to eliminate electricity subsidies, a wave of diverse reactions has swept across the nation. Citizens, taking to social media platforms, have expressed a range of sentiments reflecting skepticism...
In the face of persistent economic challenges and the ongoing struggle of Nigerians, the International Monetary Fund (IMF) has strongly urged the Federal Government to eliminate subsidies on fuel and electricity. The IMF argues that these subsidies, considered costly and ineffective, should be...
![[UPDATE] Access Bank Releases Statement on the Tragic Death of CEO Herbert Wigwe](/data/attachments/200/200895-abbacb4e9e43632312299f7ef6a39f66.jpg?hash=q7rLTp5DYy)
In response to the devastating helicopter crash near the California-Nevada border, Access Bank has affirmed its cooperation with U.S. authorities investigating the incident that claimed the life of the bank's CEO, Herbert Wigwe.
In its first official statement since the news broke, the bank's...
Nigeria
Nigerian Airlines Face Crisis as Escalating Fuel Costs and Currency Woes Threaten Operational Shutdown
Nigerian airline operators have sounded the alarm over a waning passion for business continuity amid the relentless challenges posed by escalating aviation fuel costs and a foreign exchange crisis. The spokesperson for local air carriers, Obiora Okonkwo, issued a compelling statement...
Nigeria
Former Nigeria Stock Exchange Chairman, Abimbola Ogunbajo, Died in Same Helicopter Crash As Herbert Wigwe
Access Holdings CEO Herbert Wigwe, his wife, son, and former President of Nigerian Exchange Group Plc, Abimbola Ogunbajo, are feared dead in a helicopter crash between the borders of Nevada and California. The crash occurred as the group, including Herbert's wife, son, and a friend, was en route...
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