Financial Watchdog Investigates Sportsbet and Bet365 on Grounds of Money Laundering.
On the grounds that Sportsbet and Bet365 may not have complied with anti-money laundering regulations, the Australian Financial Crime Watchdog…
Month: November 2022
Telcos make N1.92billion from Calls and Data.
Between January and September 2022, MTN and Airtel earned N1.92 trillion on calls and data. This is information from MTN…
Non-Oil Export Proceeds Hit $2.59b
The Federal Government had the best non-oil export performance this year, with a total value of $2. 59 billion, according…
NAICOM Lists Requirements for Dividend Payment to Investors in the Insurance Sector.
The National Insurance Commission (NAICOM) has outlined the criteria under which dividends on insurance shares would pay to shareholders. Shareholders…
Kenya Airways will Pay the Outstanding Employee Salary of Sh6.5billion in June 2023.
In an effort to quell the growing employee dissatisfaction at the airline, national carrier Kenya Airways (KQ) aims to pay…
In View of a Severe Labour Shortage, Canada Announces an Immigration Plan.
Currently, Canada anticipates bringing in 465,000 new permanent residents in 2023, up 4% over the prior goal, and 485,000 in…
Nigeria Telecoms Sector has 500,000 Workers and has Invested $70 billion.
According to Prof. Umar Danbatta, the executive vice chairman of the Nigerian Communications Commission, the telecommunications industry supports 500,000 employment.…
CMA Supports the Return of Investments in Mobile Bonds.
The M-Akiba bond, on the other hand, which was tested in April 2017, only required a minimum investment of Sh3,000,…
After Receiving a Loan for Cocoa, Cedi becomes more Stable.
In the week that concluded on October 28, the cedi returned to some degree of stability on the retail market.…
Segilola Produced 85,000 Ounces of Gold.
The Segilola Gold Mine, which Thor Exploration Limited commissioned in December 2021, has so far produced 85,000 ounces of gold;…
NNPC and Addax Enter an Agreement to Resolve a License Issue.
To resolve the conflict over Oil Mining Leases 123/124 and 126/137, the Nigerian National Petroleum Company Limited and Addax Petroleum…
According to Osinbajo, Nigeria might Create 30million Carbon Credits by 2030.
Yemi Osinbajo, the vice president of Nigeria, claimed that by 2030, his country may generate up to 30million carbon credits…
Banks are Urged by Financial Experts to Finance Infrastructure.
Financial industry experts have urged banks nationwide to assist the government in funding infrastructures; in order to open up prospects…
Dangote Pledges to Boost Economic Growth and Sponsors the 2022 Lagos International Trade Fair.
The sponsorship of the 2022 Lagos International Trade Fair, with the theme “Connecting Businesses, Creating Value,” which will be officially…
Floods: Nigeria FG Receives N109.3billion Fund and Builds Mini-dams.
The African Development Bank ($244 million) and the International Fund for Agricultural Development ($5 million) have given the Federal Government…
Naira Depreciation would Worsen Nigeria’s Food and Energy – World Bank.
According to the research, prices for the majority of commodities have dropped from their recent heights in U.S. Dollars amid…
Amazon Establishes An Office In Nigeria
The first office of an IT company, Amazon Web Services, Inc. (AWS), has reportedly been established in Lagos, Nigeria. Amrote…
The Second-largest Shareholder in Twitter is the Saudi Prince, Alwaleed.
The monarch stated he adhered to his $1. 9 billion equity promise to the social media business’s new owner; after…
Nigeria FG Borrows N5.3tn, Exceeding Loan Goal by N1.12tn.
According to information obtained by The PUNCH, the Federal Government borrowed N1. 15 trillion more than it had planned to.…
Nigeria Issues 650,000 International Passports.
According to the Federal Government, 650 000 foreign passport booklets were in print in 2022, 100,000 fewer than the 750…
Aviation Employees Shut Down the Terminal at Lagos Airport, Disrupting Flights.
Workers in the aviation industry shut down Lagos’s Murtala Muhammed Airport’s Terminal Two (MMA2); resulting in the suspension of early-morning…
According to NCDC, Nigeria is at a High Risk of Contracting Ebola.
According to the Nigeria Centre for Disease Control and Prevention (NCDC), Nigeria faces a significant danger of importing the deadly…
Ghana Guarantees that No Investment will Lose Money As A Result of Continuing Discussions with the IMF.
As it works to complete a $3 billion loan agreement with the International Monetary Fund, the Ghanaian government says it…
International Brewery Estimates a Rise in Sales to N49billion in the Third Quarter of 2022.
The third quarter results for International Breweries Plc have been released, and they indicate a record 5. 6% increase in…
In the Persian Gulf, Iran’s IRGC Intercepts a Foreign Fuel Tanker.
Iran’s military has detained a tanker flying a foreign flag on suspicion of engaging in unlawful smuggling activities. According to…
Ukraine has Reported Airstrikes on Critical Infrastructure.
Ukrainian officials reported Russian strikes on vital infrastructure; with one official reporting that 40 missiles had been spotted in the…
Nigeria Will Increase Gas Drilling by 20%.
According to the Nigerian Upstream Petroleum Regulatory Commission, gas exploration will be 20% deeper in Nigeria. A plan to reach…
Budgets for Lagos, Delta and Cross River, Nigeria Totals at $2.58billion.
State budgets for Lagos, Delta, and Cross River totalling N2.58 trillion were presented. In Lagos, Governor Babajide Sanwo-Olu presented the…