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Latest News
Nigeria's Unemployment Rate Declines to 4.1% in Q1 2023 According to NBS
In a recent disclosure, the National Bureau of Statistics (NBS) has brought forward encouraging news regarding Nigeria's unemployment landscape. NBS data underscores a favorable trajectory, indicating...
Chinese Developer Evergrande Initiates Bankruptcy Proceedings in the US
China's Evergrande Group, renowned for being the world's most heavily indebted property developer, has taken a significant step to rectify its financial troubles. The company has opted for bankruptcy ...
European Union Launches Antitrust Investigation into Microsoft's Bundling Practices
The European Union has recently announced the initiation of a formal antitrust investigation targeted at Microsoft's bundling of Teams with Office 365 and Microsoft 365. This move comes in response to...
Threads Daily Active Users Drop By 20%
Instagram Threads, which is Mark Zuckerberg's newly found social app gained widespread acceptance making it surpassing 100 million users within days it was launched. The massive number of users g...
Black Market Records Soar as Exchange Rate Hits N860/$1
The financial tango between the Nigerian Naira and the US Dollar has taken a bewildering turn on the black market, with exchange rates soaring to unprecedented heights. As the stage is set for this cu...