Zuckerberg loses $7billion in hours as Facebook suffers hit – Report
Silicon Valley techpreneur Mark Zuckerberg’s personal wealth has fallen by nearly $7 billion in a few hours, knocking him down a notch on the list
Tag : Report
Purchase price inflation rises on forex challenge –Report
Unfavourable exchange rate movement exerted pressure on cost, leading to a rise in purchase price inflation. Stanbic IBTC Bank Nigeria disclosed in its Purchasing Managers
FG lost N557bn to MDAs in five years —Report
A report by a civil society group, the Paradigm Leadership Support Initiative has said that the Federal Government lost N557 billion to non-compliance with financial
NNPC incurred N473bn loss operating moribund refineries – Report
The Nigerian National Petroleum Corporation incurred a loss of N473.3bn in operating moribund refineries between January 2015 and February 2021, a new report by SBM
Report: Nigeria Experienced Increase in Export of Manufactured Goods, Employment and Productivity in July
The Stanbic IBTC Bank Nigeria’s Purchasing Manager Index (PMI) report has stated that the export of Nigerian manufactured goods, employment and productivity in the economy
Nigeria, others suffer 69% air passenger revenue drop –Report
The global total industry passenger revenues fell by 69 per cent to $189bn in 2020, with accumulated net losses of $126.4bn, according to the latest
Nigeria’s PMI hits 18-month high in July — Report
Nigeria’s Purchasing Managers Index rose to 55.4 in July from 53.6 in June, according to a report by Stanbic IBTC Bank. The company said this
Ex-Glencore trader paid bribes for Nigerian oil contracts – Report
A former Glencore Plc trader who said he was part of a bribery scheme to win oil contracts from Nigeria transferred $300,000 of company funds
Private sector growth in Nigeria slowed in June – Report
The Stanbic IBTC Purchasing Managers Index has shown that the private sector growth in Nigeria moderated as headline PMI went down from 54.4 in May
Lagos NURTW generates N123bn annually – Report
The Lagos chapter of the National Union of Road Transport Workers, locally called agberos, generates about N123.08bn annually which could service the annual budget of
