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Day: February 7, 2023

Breaking: IPMAN Orders Members to Halt Operations and Shutdown Fueling Facilities.
Breaking

Breaking: IPMAN Orders Members to Halt Operations and Shutdown Fueling Facilities.

According to reports, the Independent Petroleum Marketers Association of Nigeria (IPMAN), which represents oil marketers, has ordered its members to…

byakintundeFebruary 7, 2023February 7, 2023
Nigeria FG Raised N742.56bn Sukuk Earnings to Finance Road Projects in Six Years.
Local

Nigeria FG Raised N742.56bn Sukuk Earnings to Finance Road Projects in Six Years.

In order to fund road improvements in the nation’s six geopolitical zones between 2017 and 2022, the federal government has…

byakintundeFebruary 7, 2023February 7, 2023
LIRS Anticipates more Tax Revenue Income.
Local

LIRS Anticipates more Tax Revenue Income.

A memorandum of understanding was inked by the Federal Inland Revenue Service and the Lagos State Internal Revenue Service to…

byakintundeFebruary 7, 2023February 7, 2023
Centum Investment begins a Share Buyback.
Business

Centum Investment begins a Share Buyback.

Following the approval of its shareholders for the share repurchase exercise, Centum Investment Company Plc started its share buyback offer.…

byakintundeFebruary 7, 2023February 7, 2023
FG Increases SUKUK Funds to N742.56bn For Road Projects.
Finance

FG Increases SUKUK Funds to N742.56bn For Road Projects.

The Federal Government, through Debt Management Office (DMO), has raised N742.56 billion via Sovereign Sukuk for the construction and rehabilitation…

byakintundeFebruary 7, 2023February 7, 2023
Tanzania: A Crucial Dry Port is about to Start Operating.
AfricaBusiness

Tanzania: A Crucial Dry Port is about to Start Operating.

The Coast Region’s Kwala Dry Port is finally scheduled to open this month, which is a significant development that will…

byakintundeFebruary 7, 2023February 7, 2023
Microsoft is Examining into the Outlook Outage as Users Experience Problems.
Technology

Microsoft is Examining into the Outlook Outage as Users Experience Problems.

Users in North America were having difficulties accessing, sending, or searching emails on the platform, and Microsoft Corp. announced that…

byakintundeFebruary 7, 2023February 7, 2023
500 MW Power To Be Supplied To National Grid By Second Quarter.
Energy

500 MW Power To Be Supplied To National Grid By Second Quarter.

GE Gas Power has said it is looking forward to pushing close to 500 megawatts (MW) of additional power into…

byakintundeFebruary 7, 2023February 7, 2023
Finance Minister Tells Retirees Ghana Debt Swap Deal Is Beneficial.
AfricaFinance

Finance Minister Tells Retirees Ghana Debt Swap Deal Is Beneficial.

In an effort to complete a domestic debt exchange, the beleaguered government of Ghana in West Africa told a group…

byakintundeFebruary 7, 2023February 7, 2023
Nigerian States Contest the Deadline for Central Bank Cash Swaps.
Local

Nigerian States Contest the Deadline for Central Bank Cash Swaps.

In order to avoid problems before elections later this month, three states in Nigeria have petitioned the nation’s highest court…

byakintundeFebruary 7, 2023February 7, 2023
CBN Proposed To Fine Banks Hoarding New Naira Note.
Currency

CBN Proposed To Fine Banks Hoarding New Naira Note.

The Central Bank of Nigeria may fine banks hoarding new notes a sum of N5m and members of the public…

byakintundeFebruary 7, 2023February 7, 2023
Oil Revenue Reduces By N500bn In January
Business

Oil Revenue Reduces By N500bn In January

A total of 37.2 million barrels were shipped in January, down below the 49.6 million predicted if it had exported…

byakintundeFebruary 7, 2023February 7, 2023

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