March 2023

WHO updates tracking system for variants of SARS-CoV-2

The World Health Organisation (WHO), on Thursday updated its tracking system and working definitions for variants of SARS-CoV-2, the virus that causes COVID-19. WHO in a statement said that the tracking system would better correspond to the current global variant…

PMS consumption hits 80m litres daily

The consumption of Premium Motor Spirit, popularly called petrol, has risen to about 80 million litres daily, pushing up subsidy on the commodity to an estimated N484billion monthly, going by latest figures from the Nigerian National Petroleum Company Limited. An…

Kia reveals electric flagship SUV

Kia Corporation on Wednesday revealed full images of the  exterior and interior design of  the Kia EV9, its first three-row electric flagship Sports Utility Vehicle (SUV), which encapsulates bold styling and sophisticated elegance inside and out. The Kia EV9 represents…

G-III revenue up 14% in Q4, but swings to loss

G-III Apparel Group swung to a loss in the fourth quarter ended January 31 despite revenue increasing 14.2 per cent year-on-year. The Nasdaq-listed company, whose portfolio includes brands Karl Lagerfeld, DKNY, and Donna Karan, made a net loss of 261.1…