Business

Nigeria’s inflation rate rose from 20.77% in September 2022 to 21.09% in October 2022 amid soaring food prices, the National Bureau of Statistics (NBS) has said. The Bureau also said …

Collapsed crypto exchange FTX outlined a “severe liquidity crisis” in official bankruptcy filings released on Tuesday, as regulators opened probes and called for the faster implementation of rules for the …

Roughly three-quarters of people who have bought bitcoin have lost money according to a study published Monday as the cryptocurrency sector reels from the collapse of a major exchange that …

Amazon is preparing to lay off as many as 10,000 employees, The New York Times reported on Monday, making the e-commerce behemoth the latest tech giant to unleash a large-scale …

The Nigerian National Petroleum Company (NNPC) Limited on Wednesday said it discovered 295 illegal connections to its pipeline. NNPC Group Chief Executive Officer, Mele Kyari made this disclosure at a …

Tesla chief Elon Musk sold nearly $4 billion worth of shares in the electric car company, SEC filings showed Tuesday, more than a week after he closed his $44 billion …

Israel and Jordan on Tuesday signed a memorandum of understanding (MOU) to move ahead with a water-for-energy deal after an initial examination of the project found it to be feasible. …

Binance, the world’s biggest cryptocurrency platform, has agreed to buy its financially-troubled rival FTX.com, according to an announcement Tuesday on Twitter. In a tweet, Binance chief executive Changpeng Zhao said …

Meta Platforms Inc (META.O) is planning to begin large-scale layoffs this week that will affect thousands of employees, the Wall Street Journal reported on Sunday citing people familiar with the …

Elon Musk’s revelation that Twitter has suffered a “massive” revenue drop since he took over 10 days ago underscores the precarious nature of the social media company’s finances after he …