Local Infrastructure: FG Eyes 70% Capital Stock, $150Bn Annually Jul 8, 2022 0 The Federal Government is targeting 70 per cent capital stock and $150bn yearly to close Nigeria’s yawning!-->…
Finance External Reserves Gain $679.12M In One Month Jul 8, 2022 0 NIGERIA’S external reserves returned to a growth path after gaining $679.12m. However, Figures obtained from the!-->…
Finance NatWest Hands Staff Pay Rise To Ease Impact Of Soaring Inflation Jul 8, 2022 0 British bank NatWest has joined rivals in handing out an unscheduled pay boost; to staff to help shield them from!-->…
World Half Of Britons Buy Less Food As Prices Surge Jul 8, 2022 0 Almost half of British people have cut back on food purchases as prices surge; while others are having to spend!-->…
Local Nigerian Banks Loan N3 Trillion To The Private Sector In 6 Months Jul 8, 2022 0 Banks’ credit to the private sector hit its highest level in May 2022, reaching N38.19 trillion from N35.19!-->…
Finance DeFi Ecosystem Lost $156 Billion In Total Value Locked In Q2 2022 Jul 8, 2022 0 Currently, the cryptocurrency space has lost a great deal; especially with Bitcoin posting its worst quarterly!-->…
Finance Airtel Reduces Debt To Parent Company By $450 Million Jul 8, 2022 0 Airtel Africa announced that it has redeemed up to $450 million out of the $1 billion loan it owes to its!-->…
Local Naira Falls At I&E Window Despite Massive Improvement In Dollar Supply Jul 8, 2022 0 The exchange rate between the naira and the US dollar closed at N428.16/$1: which at the Investors and Exporters!-->…
Finance Ardova Plc Blames Subsidiaries For N3.8 Billion Full Year Loss Jul 8, 2022 0 Oil and gas retail giant, Ardova Plc reported a loss of N3.8 billion for the year ended December 2021. This!-->…
Finance Debt Management Office Lists $1.25 Billion Eurobond On NGX, FMDQ Jul 8, 2022 0 The Debt Management Office (DMO) has announced plans to list the 8.375%, $1.25 billion; March 2029 Eurobond on the!-->…
Finance Neimeth To Commence N3.67Billion Right Issue In August 2022 Jul 8, 2022 0 Neimeth International Pharmaceuticals Plc has concluded arrangements to commence its N3.67 billion right issue; to!-->…
Stock Stock Market Closes Flat, Valuation Up By N12 Billion Jul 8, 2022 0 The NGX closed on a flat note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI)!-->…
Africa Ghanaian Cedi Drops By A Whopping 30% Against The US Dollar In 6 Months Jul 8, 2022 0 The Ghanaian cedi has lost 30.56% against the US dollar in 6months. The drop in the Cedi comes despite Ghana’s!-->…
Finance China Tightens Rules On $1.3 Trln Credit Card Business Jul 8, 2022 0 China unveiled tighter rules to better regulate its $1.3 trillion credit card industry; further urging lenders to!-->…