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Day: October 27, 2022

A Mall in Abuja Stops Operations Due to Security Concerns.
Breaking

A Mall in Abuja Stops Operations Due to Security Concerns.

The management of the Jabi Lake Mall in Abuja’s Utako neighbourhood suspended operations; due to threats to the safety of…

byakintundeOctober 27, 2022October 27, 2022
Visa Ban: UAE Extorting Money from CBN and Nigeria.
Local

Visa Ban: UAE Extorting Money from CBN and Nigeria.

A poorly thought-out plan to blackmail the government and the Central Bank of Nigeria is being used by the United…

byakintundeOctober 27, 2022October 27, 2022
NDLEA Freezes N20billion in 103 Bank Account of  a Nigerian Socialite.
Local

NDLEA Freezes N20billion in 103 Bank Account of a Nigerian Socialite.

The NDLEA has taken control of N20 billion that Afam Ukatu had hidden in 103 bank accounts. Ukatu was in…

byakintundeOctober 27, 2022October 27, 2022
Buhari Plans to Trade with South Korea for over $1.3billion.
BusinessLocalMarket

Buhari Plans to Trade with South Korea for over $1.3billion.

President Major General Muhammadu Buhari (retd) invited top Korean business executives to increase their investments in Nigeria in Seoul; saying…

byakintundeOctober 27, 2022October 27, 2022
Lagos Agriculture Sector to Benefit from Blockchain Platform.
Local

Lagos Agriculture Sector to Benefit from Blockchain Platform.

The digitisation of agricultural assets by blockchain infrastructure platform Gluwa is ready to transform the Lagos State agricultural sector. The…

byakintundeOctober 27, 2022October 27, 2022
Nigeria’s Compensation Request for the Glencore Bribery is Rejected.
Local

Nigeria’s Compensation Request for the Glencore Bribery is Rejected.

A London court rejected Nigeria’s attempt to recover damages from a British affiliate of mining and trading company Glencore (GLEN.…

byakintundeOctober 27, 2022October 27, 2022
Ghana’s Downstream Oil Sector Will Change Due to the Dangote Refinery.
Africa

Ghana’s Downstream Oil Sector Will Change Due to the Dangote Refinery.

According to Dr. Mustapha Abdul-Hamid, Chief Executive Officer of Ghana’s National Petroleum Authority (NPA), the start-up of the 650,000 bpd…

byakintundeOctober 27, 2022October 27, 2022
Guinness Nigeria Stockholders will Get a Dividend of N15.639billion.
Market

Guinness Nigeria Stockholders will Get a Dividend of N15.639billion.

Guinness Nigeria Plc shareholders, who own 50 shares of the UK-based Diageo Plc subsidiary, approved a proposed dividend pay-out of…

byakintundeOctober 27, 2022October 27, 2022
According to Reports, Musk Intends to Finalize the Twitter Deal.
MarketTechnology

According to Reports, Musk Intends to Finalize the Twitter Deal.

In a video conference call with bankers who are helping to finance the deal, Elon Musk promised to close his…

byakintundeOctober 27, 2022October 27, 2022
Barge Operators Attract N20bn Investment, Create 5000 Jobs, in Nigeria.
Local

Barge Operators Attract N20bn Investment, Create 5000 Jobs, in Nigeria.

According to the Nigerian Ports Authority, investments in barge operations are to total more than N20 billion in 2022. It…

byakintundeOctober 27, 2022October 27, 2022
The World Bank Anticipates an 11% Drop in Energy Prices in 2023.
EnergyWorld

The World Bank Anticipates an 11% Drop in Energy Prices in 2023.

The World Bank predicts that energy prices would decline by 11% in 2023; this is due to a 60% increase…

byakintundeOctober 27, 2022October 26, 2022
15billionaires from Nigeria Lost N799.1billion in Q3 2022 As a Result of Falling Stock Prices.
Local

15billionaires from Nigeria Lost N799.1billion in Q3 2022 As a Result of Falling Stock Prices.

Due to the Nigerian stock market’s negative third-quarter performance, fifteen billionaires in Nigeria have lost a combined total of N799.1…

byakintundeOctober 27, 2022October 27, 2022

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