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Food prices increase in 12 months — NBS

The National Bureau of Statistics (NBS), says the price of selected food items have increased in the last twelve months. This is according to the NBS Selected Food Price Watch Report for April, 2022 released in Abuja on Thursday. The report showed that the average price of 1kg of Beans (white, black eye, sold loose) […]

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Marks & Spencer pulls out of Russia after 17 years

Marks & Spencer says it will fully exit the Russian market following the invasion of Ukraine. The retail giant stopped shipments to Russia in March but previously said complex franchise deals prevented it from withdrawing completely, with about 50 shops still open. But the firm said after negotiations it would fully exit its Russian franchise. […]

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Airbnb to quit China as lockdowns restrict tourism

Airbnb is shutting down its domestic rentals in China, where a “zero-Covid” policy has meant lockdowns are ongoing. All listings for homes and experiences in the country will be removed from the company’s website by summer, a source familiar with the matter told the BBC. Stays within China made up only 1% of Airbnb’s revenue […]