According to GlaxoSmithKline Nigeria Plc's recently released financial statement for 2023, the company's profit dropped by 33.76% to N510.80 million in 2023 from N771.15 million in the previous financial year.The company announced this in a notice filed with the Nigerian Exchange Limited on Tuesday ...
Bloomberg reported that the biggest search engine has laid off over 20 employees in response to their opposition to Google's $1.2 billion contract to supply cloud and AI services to the Israeli government and military.The 28 layoffs followed the arrest of nine workers on Tuesday night after a sit-in at the company's offices in Sunnyvale, California, and Seattle, New York. One of the arrests occurr...
It has been reported that the naira noticed a significant shift against the United States dollar at the official market on Wednesday, following a slight depreciation on Tuesday.The naira closed Wednesday's trading session at N1,072.74/$1, up from N1,148.14 on Tuesday, according to market data that was posted on the FMDQ website.This represents N75.4 or 6.6% appreciation from N1,148.14, the domesti...