NGX and Islamic Development Bank Institute Collaborate to Boost Islamic Finance in Nigeria
Nigerian Exchange Limited (NGX) and Islamic Development Bank Institute (IsDBI) joined forces to conduct a capacity-building workshop aimed at fostering…
Day: November 23, 2023
KCB Group Reports Growth in Nine-Month Profit Despite Challenging Environment
Kenya’s KCB Group has announced positive financial results for the nine months ending September, with a notable growth in profit…
Oil Spill Response Firm Collaborates with Total Energy and NIMASA to Tackle Egina Crude Oil Spill
An oil spill response firm has partnered with Total Energy and the Nigerian Maritime Administration and Safety Agency (NIMASA) to…
Cybersecurity Incident Hits Fortune 500 Title Insurance Company Fidelity National Financial
Fidelity National Financial (FNF), a Fortune 500 company providing title insurance and settlement services for the mortgage and real estate…
RedCloud Technologies and Paystack Join Forces to Enhance B2B Digital Payments in Nigeria
RedCloud Technologies, a leading open commerce platform provider, has entered into a strategic partnership with Paystack, a prominent digital payment…
Venezuela Aims for 1 Million Barrels per Day as Oil Output Reaches 850,000 bpd
Venezuela’s Oil Ministry officials announced a push towards producing 1 million barrels of oil per day, capitalizing on Washington’s recent…
Nigerian LNG Achieves Highest Dividend in 8 Years as Output Rises; Faces Challenges in Production
Nigerian LNG Limited (NLNG), the largest gas exporter in Nigeria, has reported its highest dividend payout to the Nigerian National…
Surge in Fuel Prices Aggravates Production Costs: Diesel Up 25.45%, Petrol Spikes 222.92% in 12 Months
Over the last 12 months, the cost of automotive gas oil (diesel) in Nigeria has surged by 25.45%, while premium…
Federal Government to Achieve 18% Tax-to-GDP Ratio in Three Years Through Enforcement
The Federal Government of Nigeria aims to achieve a tax-to-Gross Domestic Product (GDP) ratio of 18% within the next three…
Bank of Industry Pledges Support for Modular Refineries to Address Economic Challenges
Dr. Olasupo Olusi, the Managing Director of Bank of Industry Limited (BoI), has expressed a commitment to collaborate with modular…
Nigerian Exchange Limited Loses N35 Billion in Market Capitalization as Key Stocks Decline
The Nigerian Exchange Limited (NGX) experienced a decline of N35 billion in market capitalization on Wednesday. This drop was attributed…
Nigeria’s Equities Market Records a Decline as Investors Take Profit Amid MPC Meeting Concerns
Nigeria’s equities market witnessed a negative turn as investors opted to take profits, particularly in stocks that have seen significant…
KPMG Forecasts Nigeria’s Inflation to Hit 30% by December 2023 Amid Reforms
KPMG has projected that Nigeria’s headline inflation could reach 30 percent by December 2023, attributing this anticipated increase to recent…