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Day: January 5, 2022

AMCON lists 7,912 names owing N4.4tn as deadline expires today
Local

AMCON lists 7,912 names owing N4.4tn as deadline expires today

The Asset Management Corporation of Nigeria is set to publish names of Loan debtors owing it a total of N4.4tn.…

byakintundeJanuary 5, 2022
US aviation, telecom groups agree on 5G data sharing
Local

US aviation, telecom groups agree on 5G data sharing

Aviation and telecom groups in the United States have said they will share data to help resolve safety concerns related…

byakintundeJanuary 5, 2022
Foreshore Waters Secures N2.4bn BOI Facility
Local

Foreshore Waters Secures N2.4bn BOI Facility

Foreshore Waters Limited has secured a N2.4 billion loan facility from the Bank of Industry  to support the company’s growth…

byakintundeJanuary 5, 2022
Toyota Will Not Compromise Quality, Says TNL
Business

Toyota Will Not Compromise Quality, Says TNL

Toyota Nigeria says it will not compromise on quality of vehicles, spare parts and after-sale services. It noted that Toyota…

byakintundeJanuary 5, 2022
Review forex ban on 40 items to save naira, economists tell CBN
BankingLocalOpinion

Review forex ban on 40 items to save naira, economists tell CBN

The Centre for the Promotion of Private Enterprise, has advised the Central Bank of Nigeria to review its ban on…

byakintundeJanuary 5, 2022
U.S. SEC charges Medallion taxicab lender with fraud, shares tumble
Local

U.S. SEC charges Medallion taxicab lender with fraud, shares tumble

The U.S. Securities and Exchange Commission charged Medallion Financial Corp and its president with fraud. They were charged for trying…

byakintundeJanuary 5, 2022
Asset Sales To Dominate Nigeria’s Oil Sector, Says Analyst
LocalOpinion

Asset Sales To Dominate Nigeria’s Oil Sector, Says Analyst

Nigeria is likely to contend with a gale of divestments by international oil companies, According to the global provider of…

byakintundeJanuary 5, 2022
Nigeria: We’ll partner govt to reduce unmetered customers – IBEDC
Local

Nigeria: We’ll partner govt to reduce unmetered customers – IBEDC

Ibadan Electricity Distribution Company Plc has re-inaugurated the Meter Asset Provider Scheme efforts to enhance meter rollout across its areas…

byakintundeJanuary 5, 2022
With 50% Increase, Oil Price Records Biggest Annual Gain Since 2009
LocalMarket

With 50% Increase, Oil Price Records Biggest Annual Gain Since 2009

Oil prices fell at the weekend but still posted the biggest annual gains since 2009, spurred by the global economic…

byakintundeJanuary 5, 2022
Tencent Raises $3 Bln By Trimming Stake In Shoppee-Owner Sea
TechnologyWorld

Tencent Raises $3 Bln By Trimming Stake In Shoppee-Owner Sea

Chinese gaming and social media company Tencent Holdings Ltd (0700.HK) has raised $3 billion by selling 14.5 million shares at…

byakintundeJanuary 5, 2022
China’s Market Regulator Fines Alibaba, Tencent For Failing To Report Deals
BusinessTechnologyWorld

China’s Market Regulator Fines Alibaba, Tencent For Failing To Report Deals

China’s top market regulator said on Wednesday it has fined units of Alibaba Group Holding Ltd (9988.HK), Tencent Holdings Ltd…

byakintundeJanuary 5, 2022

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