In the fiscal year 2024, only 11 out of Nigeria’s 36 states are projected to generate sufficient income to cover the salaries of their workers, according...
Global logistics giant UPS has announced its decision to cut 12,000 jobs or 2.4% of its extensive 500,000-strong global workforce. The decision comes as UPS seeks...
Amidst a challenging economic landscape and soaring inflation, companies in Nigeria exhibited resilience by increasing salaries for their employees by 18.35% to N29.45 trillion in the...
Barclays PLC is reportedly in the initial stages of formulating an ambitious cost-cutting plan that could result in savings of up to £1 billion ($1.3 billion)...
It has been revealed that engineers at OpenAI, the trailblazing artificial intelligence (AI) research laboratory, are raking in $800,000 annually, making them some of the highest-paid...
Citigroup Inc. is undergoing a significant organizational shift under CEO Jane Fraser’s leadership, streamlining operations and eliminating over 300 senior manager roles, according to an insider....
The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, Ojaja II, has inked a historic memorandum of understanding (MoU) with China Overseas Energy Development Technology Limited, ushering...
The Lagos State Government has disbursed N2.02 billion in retirement benefits to 644 deserving retirees. This was disclosed at the 101st retirement bond certificate presentation ceremony...
Amazon.com Inc. is taking a firm stance on its return-to-office guidelines for US employees. The tech giant is joining the ranks of companies aiming to curtail...
Over 30,000 Nigerians have been actively engaged in various skilled roles