Real Time Financial News Website
Oil prices rose on Tuesday, due to a demand recovery in China, as the world’s second-largest economy eases severe COVID-19 restrictions. As well as skepticism that OPEC+ countries’ higher output…
The value of the crypto market plummeted below $1.3 trillion, pushing Bitcoin below $30,000. Bitcoin was last seen trading at around $29.5K, down 5% for the day. Ether, the second-largest…
The Minister of Agriculture and Rural Development, Dr. Mahmood Abubakar, has warned smallholder farmers against selling the agricultural inputs given to them by the ministry. The minister handed down the…
The Nigeria Air, the national carrier, may not hit the sky due to a major challenge hindering its operations. The CEO, Captain Dapo Olumide, confirmed on Monday, when getting the…
The Debt Management Office (DMO), on behalf of the Federal Government has announced the offer for subscription of the June 2022 Federal Government Savings Bond to investors. This disclosure is…
Saudi Arabia, the world’s top oil exporter, raised July crude oil prices for Asian buyers to higher levels. Amid concerns about tight supply and expectations of strong demand in summer.…
Bitcoin traded just around $31K, moving up marginally from Friday but still inside its tight range. Since early May, Bitcoin has fluctuated a little above and below this level, depending…
The Nigerian Communications Commission (NCC) has revealed that 832 mobile subscribers ported to the MTN network in April 2022. The subscribers moved from other mobile networks of Globacom, Airtel, and…
South Africa’s Southern Sun Africa (SSA) is disposing of its 75.55%. Majority shareholding in Southern Sun Ikoyi Hotels, one of Nigeria’s largest business hotels. Nigerian entities own the balance of…
Primary mortgage institution, Abbey Mortgage Bank Plc, has said its financial results for the year ended December 31, 2021. Shows profit before tax, PBT, growth of 116%. The firm said…
The Managing Director, Solomon Ewanehi, in a statement said, “Solewant is now entering the next phase of its extensive development. Through a series of investments and expansions. According to Solewant,…
The Federal Government has expressed its determination to massively invest in irrigation in order to diversify the nation’s economy. The Minister of Water Resources, Suleiman Adamu, said this in Ibadan,…
Address Homes said property firms should embrace global shifts towards carbon emission reduction. The firm made the call during the two-day Real Estate Summit, held in Lagos last week. The…
Moderna Inc said on Thursday it has agreed to push back some COVID-19 vaccine deliveries to the European Union by several months to later in 2022 or early next year.…
VFD Group Plc, a proprietary investment company, has said it will pay its shareholders N10.79 per share with a bonus of one for every two shares owned for the year…
Oil prices inched higher on Wednesday after European Union leaders agreed to a partial and phased ban on Russian oil and as China ended its COVID-19 lockdown in Shanghai. Brent…
The approach lights on the runway of the Murtala Muhammed International Airport, Lagos, have gone off . These pilots depend solely on equipment onboard their aircraft to land, findings by…
The Nigerian startup ecosystem has been ranked 61st globally. And second in Africa on the Global Startup Ecosystem Index by StartupBlink. Nigeria displaced Kenya to spot 62 and third in…
British sportswear and fashion group Frasers (FRAS.L) has acquired online women’s fashion retailer Missguided out of administration, it said on Wednesday. The group, formerly called Sports Direct and controlled by…
TomTom (TOM2.AS) will shed around a tenth of its global workforce, the Dutch navigation and digital mapping company said on Wednesday, as it steps up its automated mapmaking capability. “Regrettably,…
MTN board has approved the appointment of Mazen Mroue as a non-executive director of the company effective June 1, 2022. This is according to a disclosure filed on the website…
The Chairman, Board of Directors, Manufacturers Power Development Company, Ibrahim Usman, speaks on how unstable power supply is adversely affecting the manufacturing sector. In his words he said, In some…