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Day: February 26, 2024

CEO of Air Peace Limited Reveals Reasons for Choosing Gatwick Airport
BusinessLocal

CEO of Air Peace Limited Reveals Reasons for Choosing Gatwick Airport

Allen Onyema, the Chairman and CEO of Air Peace Limited, revealed that the airline opted for Gatwick Airport to operate…

byayotilewaFebruary 26, 2024February 26, 2024
Leatherback Set to Expand Internationally After EFCC’s Probing
BusinessLocal

Leatherback Set to Expand Internationally After EFCC’s Probing

Leatherback, a financial services technology company, is set to expand internationally with offices in the United Kingdom (UK), Nigeria, Ethiopia,…

byayotilewaFebruary 26, 2024February 26, 2024
Price of Foreign Rice Surges to N88,000, Experts Traces Cause
CommoditiesLocal

Price of Foreign Rice Surges to N88,000, Experts Traces Cause

The cost of a 50kg bag of foreign rice has skyrocketed to over N88,000 in major stores across Nigeria, marking…

byayotilewaFebruary 26, 2024February 26, 2024
Companies in China Abandon Plans for IPOs over Tight Scrutiny
Local

Companies in China Abandon Plans for IPOs over Tight Scrutiny

Companies have rushed to abandon their plans for initial public offerings (IPOs) in China this year due to the tightening…

byayotilewaFebruary 26, 2024February 26, 2024
Meta to set up team to counter disinformation, AI abuse in EU elections
World

Meta to set up team to counter disinformation, AI abuse in EU elections

Meta, the parent company of Facebook, announced plans to establish a team dedicated to addressing disinformation and the misuse of…

byayotilewaFebruary 26, 2024February 26, 2024
UK Regulators Warn Fundamental issues with Housebuilding
World

UK Regulators Warn Fundamental issues with Housebuilding

The Competition and Markets Authority (CMA) in Britain highlighted fundamental problems within the housebuilding market, hindering the construction of more…

byayotilewaFebruary 26, 2024February 26, 2024
US Investors Reduce Expectations Over Fed Rate Cut in 2024
BusinessWorld

US Investors Reduce Expectations Over Fed Rate Cut in 2024

A sell-off in the U.S. government bond market is gaining momentum, fueled by a robust economy that diminishes expectations for…

byayotilewaFebruary 26, 2024February 26, 2024
Downturn in US Refining Activity Tightens Diesel Supply
BusinessWorld

Downturn in US Refining Activity Tightens Diesel Supply

In recent weeks, a downturn in U.S. refining activity and disruptions to global trade have led to a tightening of…

byayotilewaFebruary 26, 2024February 26, 2024
CBN Pegs Payment of Cash Dollar at $500
BankingBusinessLocal

CBN Pegs Payment of Cash Dollar at $500

The Central Bank of Nigeria (CBN) has pegged the payment of cash dollar purchase to a customer at $500 saying…

byayotilewaFebruary 26, 2024February 26, 2024
Tinubu Holds Emergency Meeting with Dangote, Elemelu and Others Over Econom
BusinessLocal

Tinubu Holds Emergency Meeting with Dangote, Elemelu and Others Over Econom

Nigerian President Bola Ahmed Tinubu took proactive steps to address the escalating economic challenges facing the nation by convening a…

byayotilewaFebruary 26, 2024February 26, 2024
Dangote, Tony Elemelu, Others Join Economic Advisory Committee
Local

Dangote, Tony Elemelu, Others Join Economic Advisory Committee

President Bola Tinubu inaugurated an Economic Advisory Committee on Sunday, consisting of prominent figures in the economic sector such as…

byayotilewaFebruary 26, 2024February 26, 2024
Geometric Power Plant in Aba Gets Commissioned by Pres. Tinubu Today
BreakingBusinessLocal

Geometric Power Plant in Aba Gets Commissioned by Pres. Tinubu Today

Today, February 26, 2024, marks a historic moment for Aba as President Bola Tinubu commissions the Geometric power plant, the…

byayotilewaFebruary 26, 2024February 26, 2024
European Union Commences 4-Day Working Visit to Nigeria
BusinessLocal

European Union Commences 4-Day Working Visit to Nigeria

The Council of European Union’s Africa Working Party (COAFR) has commenced its first-ever four-day working visit to Nigeria, arriving in…

byayotilewaFebruary 26, 2024February 26, 2024
AVA Global Asset Launches 20bn Fund for Infrastructure Development
BusinessinvestmentLocal

AVA Global Asset Launches 20bn Fund for Infrastructure Development

Ava Global Asset Managers Limited, a member of the AVA Capital Group, is launching a N20 billion fund as part…

byayotilewaFebruary 26, 2024February 26, 2024
NAPPS Decries Multiple  Taxation by FG- Samira Jibril
Local

NAPPS Decries Multiple Taxation by FG- Samira Jibril

Samira Jibril, the president of the National Association of Proprietors of Private Schools (NAPPS), expressed concern over the burden of…

byayotilewaFebruary 26, 2024February 26, 2024
Poverty Level Increases in Nigeria Despite High GDP Rate- Experts
BusinessLocal

Poverty Level Increases in Nigeria Despite High GDP Rate- Experts

The rise in the price of goods and commodities in Nigeria, despite the Gross Domestic Product (GDP) rising above 3…

byayotilewaFebruary 26, 2024
NLC Raises Concern Over Alledged Violence Against Members
Local

NLC Raises Concern Over Alledged Violence Against Members

Comrade Joe Ajaero, the President of the Nigeria Labour Congress (NLC), has raised concerns about the federal government’s alleged plans…

byayotilewaFebruary 26, 2024February 26, 2024
Ava Global Asset Reveals 20bn Insurance, Enhances Infrastructure
BusinessinsuranceLocal

Ava Global Asset Reveals 20bn Insurance, Enhances Infrastructure

Ava Global Asset Managers Limited has disclosed the issuance of N20 billion under its N200 billion Infrastructure Fund (IF) program,…

byayotilewaFebruary 26, 2024February 26, 2024

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