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Day: February 9, 2023

MTN Increases Dividend by N76 billion.
Business

MTN Increases Dividend by N76 billion.

According to the company’s regulatory financial filings, MTN Nigerian Communication Plc. increased its dividend payment by N75 billion, going from…

byakintundeFebruary 9, 2023February 9, 2023
FG Attributes Nigeria’s Low Imports on the Benin Republic.
BusinessLocalTrade

FG Attributes Nigeria’s Low Imports on the Benin Republic.

The Nigeria Customs Service has said that the Benin Republic trade policy was hostile to Nigerian traders. The Customs Area…

byakintundeFebruary 9, 2023February 9, 2023
First Abu Dhabi Bank may Increase its $35 billion Offer for StanChart – Bloomberg.
Market

First Abu Dhabi Bank may Increase its $35 billion Offer for StanChart – Bloomberg.

 First Abu Dhabi Bank (FAB.AD) (FAB), the United Arab Emirates’ biggest lender, could renew a potential offer for Britain’s Standard Chartered (STAN.L), once…

byakintundeFebruary 9, 2023February 9, 2023
Zoom Plans To Fire 1,300 Employees.
BusinessTechnology

Zoom Plans To Fire 1,300 Employees.

The business that makes the video conferencing app Zoom has revealed intentions to lay off 1,300 employees. The decision was…

byakintundeFebruary 9, 2023February 8, 2023
Petrol and Naira Crisis: TUC Gives FG 7-day Deadline.
Local

Petrol and Naira Crisis: TUC Gives FG 7-day Deadline.

The Federal Government has been given a seven-day deadline by the Trade Union Congress of Nigeria (TUC) to find a…

byakintundeFebruary 9, 2023February 8, 2023
By 2025, Nigeria may become Africa’s Largest Oil Refiner – Report.
Local

By 2025, Nigeria may become Africa’s Largest Oil Refiner – Report.

According to research, Nigeria might by 2025 become the largest oil-refining hub in Africa. This information was provided in a…

byakintundeFebruary 9, 2023February 8, 2023
Nigerians in Need Receive N16.8 billion in Cash Assistance from the Government.
Local

Nigerians in Need Receive N16.8 billion in Cash Assistance from the Government.

Since the CCT program’s launch in 2016, the federal government has given over N16.8 billion in grants and conditional cash…

byakintundeFebruary 9, 2023February 8, 2023
ILO Predicts 208 million People will be Unemployed Worldwide.
Local

ILO Predicts 208 million People will be Unemployed Worldwide.

According to ILO projections, there would be 208 million unemployed people worldwide in 2023, a little increase of about 3…

byakintundeFebruary 9, 2023February 8, 2023
IMF Advises Nigeria to Extend the Deadline for Banknote Swaps.
Local

IMF Advises Nigeria to Extend the Deadline for Banknote Swaps.

Nigeria should take into account extending a deadline for exchanging old banknotes, according to the International Monetary Fund, given the…

byakintundeFebruary 9, 2023February 8, 2023
Kenya Power will Switch 2,000 Vehicles to Electric in 4 Years.
AfricaTechnology

Kenya Power will Switch 2,000 Vehicles to Electric in 4 Years.

Over the next four years, Kenya Power, the country’s main power supplier, plans to convert 2,000 of its gasoline- and…

byakintundeFebruary 9, 2023February 8, 2023

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