GlaxoSmithKline Nigeria Plc’s Revenue Declined by 33.76%
February 01, 2024

GlaxoSmithKline Nigeria Plc’s Revenue Declined by 33.76%

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 ...

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Google Layoff 20 Employees Arrest 9 Others Following Contract Opposition
April 18, 2024

Google Layoff 20 Employees Arrest 9 Others Following Contract Opposition

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...

Naira Traded for N1,072 Against the Dollar at the Official Market on Wednesday
April 18, 2024

Naira Traded for N1,072 Against the Dollar at the Official Market on Wednesday

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...

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