Reps Seek Compulsory 5 Year service to Nigeria by Doctors before Going Abroad.
The House of Representatives has approved a bill in second reading that would limit the number of medical and dental…
Day: April 7, 2023
FG Laments that Only 30% of Women in Technology Industries.
The federal government has voiced its displeasure over the low representation of women in innovation and technology, bemoaning the fact…
Obasanjo: The Next Administration must Work to End Ethnic Division in Nigeria
Olusegun Obasanjo, a former president, believed that the future administration would have its work cut out for it in terms…
Rewane: Two US Banks’ Collapse Will Squeeze Funding for Nigerian Fintechs, Startups.
According to Mr. Bismarck Rewane, the Managing Director/Chief Executive Officer of the Financial Derivatives Company Ltd (FDC), the failure of…
Sterling Bank Relists on the NGX as HoldingCo.
The continuing conversion of Sterling Bank Plc into a financial holdings business has reached a critical milestone, according to the…
UBA Plans to Sell Abuja Disco to Repay a $122 million Debt.
In order to recoup a $122 million debt that the Disco owes it, the United Bank for Africa has made…
World Diesel Prices are Declining as the Economic Recession gets Worse.
As the economy sputters, additional refineries start operating, and exports from Russia are rerouted and replaced by fuel from the…
The East Coast Refineries Get Rare Cargoes of Forties Crude.
The latest indication that Russia’s invasion of Ukraine is altering global oil supplies is that U.S. and Canadian refiners have…
$800m W’Bank Support: NECA Requests that Repairing Refineries Be Given Priority Over Sharing Palliatives.
The Nigeria Employers’ Consultative Association (NECA) has urged the federal government to fix the nation’s paralyzed refineries before sharing $800…
BUA Foods’ Sales Rises to N418 billion
The consumer goods company BUA Foods reported that its full-year revenue for 2022 increased by 26% to N418.3 billion from…
MTN Shareholders can Purchase Dividend-paying Shares at N232.68.
For interested shareholders, MTN Nigeria has disclosed the price per unit for its shares under the scrip dividend scheme. The…
Report: Less than 7% of African Businesses are Adopting Technology.
According to the paper that was published, economists from the World Bank and IFC examined data from a survey of…
Reps are Looking into Claims that NNPCL Officials Diverted N20 billion.
The Nigerian National Petroleum Corporation Limited is the subject of an investigation by an ad hoc committee established by the…
World Bank: The Value of the Naira Decreased by 10% in 2022.
The World Bank estimates that in 2022, the value of the naira fell by 10.2%. This occurred at a time…