FG begins probe of airlines over alleged collusion to fix airfares
Federal Government has commenced investigations into the alleged collusion by domestic airlines to fix airfares on all domestic routes. As…
Day: February 23, 2022
Jamaica Finalising Steps To Debut Its CBDC
The Jamaican government has stated that it is finalizing preparations to launch the country’s central bank digital currency. In a…
Port congestion looms as 8,000 vehicles arrive Monday amid strike
Following the withdrawal of services by freight forwarders and clearing agents at Ports & Terminal, Lagos ports terminals may become…
FG to partner CBN, SEC on national savings scheme
The Minister of Finance Budget and National Planning, Zainab Ahmed on Tuesday received the National Savings Scheme Report from the…
Assist us to create more jobs, FG appeals to Korea
The Federal Government, through the Minister of Labour and Employment, Chris Ngige, has appealed to the Republic of Korea to…
NLC, IGP disagree over police exemption from N13.42tn pension scheme
Pension operators and the Nigeria Labour Congress, on Tuesday, opposed the Nigeria Police Force’s request for exemption from the Contributory…
FG to spend N3.53tn on infrastructure, human capital
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said the Federal Government plans to spend a total…
Stakeholders seek improved technology in real estate sector
Stakeholders in the real estate sector have called on FG to improve technology deployment in order to effectively solve challenges…
Fidelity Bank Restates Support For CBN FX Repatriation Push, Sensitizes Customers In Emerging Opportunities In Non-Oil Exports
Fidelity Bank Plc a leading Nigerian bank has reaffirmed its commitment to actively support the CBN efforts to achieve its…
Nigeria’ll focus on natural gas exploitation, Buhari tells global community
President Buhari on Tuesday told global gas exporting countries that the FG would invest more in natural gas exploitation in…
Ted Baker Fourth-Quarter Sales Jump 35%
Upmarket fashion retailer Ted Baker reported higher fourth-quarter sales on Wednesday as demand for office and party wear remained strong…
Trump’s Truth Social Downloaded 170k Times On Apple App Store
Donald Trump’s Truth Social app was downloaded 170,000 times on Apple Inc’s App Store since its launch last Sunday evening,…
Tesla Get Another Lawsuit From Ex Worker Over Racism
A former Tesla construction manager has filed a lawsuit against the electric car company alleging he was fired for reporting…
Market Records Slight Market Movement As Capitalization Increases By N7 Billion
The NGX closed on a flat note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 3…
Gold Eases After Hitting $1,900 An Ounce
The yellow metal has eased its bullish momentum after hitting $1,900 an ounce. A price point not traded since June…
Markets Currency Markets Try To Regain Footing
Currency markets paused for breath on Wednesday after a choppy few sessions as whipsawed markets looked to get a handle…
Oil Pulls Back On Fading Supply Worries Over Ukraine Crisis
Oil prices took a breather on Wednesday after surging to seven-year highs the previous session as it became clear the…
Hybrid Work Trend Drives PC Maker Lenovo’s Q3 Profit To Record 62% Growth
Third-quarter profit jumped 62% to an all-time high of $640 million at China’s Lenovo Group (0992.HK), the world’s biggest maker…
Trademark War: Court Rejects Coca-Cola’s Request
The Federal High Court sitting in Kano has refused to grant an interlocutory injunction sought by the Coca-Cola company seeking…
UK Boosts Access To Finance For Women-Owned Businesses And Clean Energy Projects In Nigeria
A new £74 million (41.6 billion Naira) financial package from the UK will support women entrepreneurs across Nigeria, who are…