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Day: July 5, 2022

FG Reveals Why It Is Pushing For More Public Private Partnerships In Nigeria
Local

FG Reveals Why It Is Pushing For More Public Private Partnerships In Nigeria

The Federal Government has declared that the current financial situation of Nigeria brought about by the global COVID-19 pandemic; and…

byakintundeJuly 5, 2022July 5, 2022
Central African Republic Starts Crypto Hub To Boost Financial Inclusion
Africa

Central African Republic Starts Crypto Hub To Boost Financial Inclusion

To encourage the growth of the regional crypto ecosystem, the Central African Republic (CAR); developing the Sango crypto hub initiative, which is…

byakintundeJuly 5, 2022February 8, 2023
Oil And Gas Is Best Performing Index In HY 2022 With 58% Gain
Energy

Oil And Gas Is Best Performing Index In HY 2022 With 58% Gain

Russia’s invasion of Ukraine has led to a sharp rise in global oil prices; amounting to more than 100 dollars…

byakintundeJuly 5, 2022February 8, 2023
Mexico’s Femsa To Buy Swiss Store Operator Valora for $1.15 Bln In Europe Push.
World

Mexico’s Femsa To Buy Swiss Store Operator Valora for $1.15 Bln In Europe Push.

Mexican bottler and retailer company Fomento Economico Mexicano (Femsa) (FEMSAUBD.MX) offered to buy Swiss kiosk operator Valora (VALN.S); in a…

byakintundeJuly 5, 2022February 8, 2023
Court Restrains Kano Govt From Borrowing N10bn For CCTV Cameras- Nigeria.
Local

Court Restrains Kano Govt From Borrowing N10bn For CCTV Cameras- Nigeria.

A Federal High Court sitting in Kano presided over by Justice Abdullahi Muhammad Liman has restrained Kano State Government; from…

byakintundeJuly 5, 2022July 5, 2022
Tinubu To Buy 299.25m Oando Shares, As Exits Trail SEC Out-Of-Court Settlement
Local

Tinubu To Buy 299.25m Oando Shares, As Exits Trail SEC Out-Of-Court Settlement

Wale Tinubu and Italian investor, Gabriele Volpi have agreed to acquire shares of minority investors. As they demand to exit…

byakintundeJuly 5, 2022July 5, 2022
First Vessel From Hong Kong Berths At Lekki Deep Seaport- Nigeria.
Local

First Vessel From Hong Kong Berths At Lekki Deep Seaport- Nigeria.

Three Ship-to-Shore cranes and 10 Rubber-Tyred Gantries critical to the commencement of operations of the Lekki Deep Seaport arrived in…

byakintundeJuly 5, 2022July 5, 2022
Zenith Bank Again Maintains Position As Nigeria’s Best Commercial Bank, And Best Corporate Governance Bank At World Finance 2022 Awards.
BankingLocal

Zenith Bank Again Maintains Position As Nigeria’s Best Commercial Bank, And Best Corporate Governance Bank At World Finance 2022 Awards.

Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2022; retaining the…

byakintundeJuly 5, 2022February 8, 2023
FIRS Extends Deadline For Filing Of 2022 Companies Income Tax Returns To 31st August 2022- Nigeria.
Local

FIRS Extends Deadline For Filing Of 2022 Companies Income Tax Returns To 31st August 2022- Nigeria.

The Federal Inland Revenue Service has extended the deadline for filing Companies Income Tax Returns for the 2022 Year of…

byakintundeJuly 5, 2022July 5, 2022
Samsung To Invest $500 Mln In Mexico, Foreign Minister Says.
LocalTechnology

Samsung To Invest $500 Mln In Mexico, Foreign Minister Says.

Samsung Electronics will invest $500 million in Mexico in order to increase production of home appliances in the country, Mexican…

byakintundeJuly 5, 2022February 8, 2023
Interpol Arrests South African Steynberg For Biggest Bitcoin Fraud
Crypto

Interpol Arrests South African Steynberg For Biggest Bitcoin Fraud

The U.S. Commodity Futures Trading Commission (CFTC) said it had filed civil charges against South African Cornelius Johannes Steynberg and…

byakintundeJuly 5, 2022February 8, 2023
Asia Shares Squeeze Higher, Take Brief Respite From Growth Fears
Asia

Asia Shares Squeeze Higher, Take Brief Respite From Growth Fears

Asian shares eked out their best day in a week on Tuesday as positive economic data and hints of easing…

byakintundeJuly 5, 2022February 8, 2023
Canadian Inflation Expectations Bolster Case For Supersize Rate Hike
World

Canadian Inflation Expectations Bolster Case For Supersize Rate Hike

Consumer inflation expectations surged in Canada, hitting fresh highs in the short-term and up “significantly” over the long-term. A Bank…

byakintundeJuly 5, 2022February 8, 2023
MTN, Airtel Win Big As 3,246 Subscribers Ported In May 2022
Business

MTN, Airtel Win Big As 3,246 Subscribers Ported In May 2022

Data from the Nigerian Communications Commission (NCC) has revealed that a total of 3,246 subscribers. Who ported from one network…

byakintundeJuly 5, 2022February 8, 2023
Naira Falls Across FX Markets As Dollar Supply Dips Significantly
Local

Naira Falls Across FX Markets As Dollar Supply Dips Significantly

Monday, 4th July 2022: The exchange rate between the naira and the US dollar closed at N425.75/$. This is at…

byakintundeJuly 5, 2022July 5, 2022
Celsius Has Paid $143 Million In Debt Since The Start Of Q3
Business

Celsius Has Paid $143 Million In Debt Since The Start Of Q3

Crypto lending platform, Celsius, has repaid a substantial amount of its outstanding debt to Maker (MKR) protocol since the start…

byakintundeJuly 5, 2022February 8, 2023
TrustBanc Raises N5.85bn From Series 7 And 8 Commercial Papers; Issue Achieves 117% Subscription
Finance

TrustBanc Raises N5.85bn From Series 7 And 8 Commercial Papers; Issue Achieves 117% Subscription

TrustBanc Holdings Limited (TrustBanc), the parent company of three regulated financial services companies. They have successfully closed its series 7…

byakintundeJuly 5, 2022February 8, 2023
Emerging Asian Equities Post Biggest Foreign Outflows Since March 2020
Asia

Emerging Asian Equities Post Biggest Foreign Outflows Since March 2020

Emerging Asian equities ex-China recorded massive outflows in June. This is as risk assets took a hit due to heightened…

byakintundeJuly 5, 2022February 8, 2023

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