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Day: March 28, 2024

NNPC denies reports of fuel price adjustment
Business

NNPC denies reports of fuel price adjustment

The Nigerian National Petroleum Company Limited (NNPC Ltd) clarified that recent reports suggesting a price change for Premium Motor Spirit…

byayotilewaMarch 28, 2024March 28, 2024
Presco and Okomu Oil Palm companies eeport profit growth
BusinessLocal

Presco and Okomu Oil Palm companies eeport profit growth

Data compiled by BusinessDay reveals that the combined profit of Presco Plc and Okomu Oil Palm Company Plc surged by…

byayotilewaMarch 28, 2024March 28, 2024
Naira strengthens as dollar supply increases at official market
CurrencyLocal

Naira strengthens as dollar supply increases at official market

Following the Central Bank of Nigeria’s (CBN) decision to raise key interest rates, the Naira has seen further improvement against…

byayotilewaMarch 28, 2024March 28, 2024
CBN sends strong signals with interest rate hike
Local

CBN sends strong signals with interest rate hike

Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), sent two significant messages to the investor community with…

byayotilewaMarch 28, 2024March 28, 2024
2m youths to be trained in Wema Bank/FGN-ALAT programme
BusinessLocal

2m youths to be trained in Wema Bank/FGN-ALAT programme

Wema Bank has introduced the second cohort for the FGN-ALAT Digital Skillnovation Programme, in collaboration with the Federal Government of…

byayotilewaMarch 28, 2024March 28, 2024
Huawei partners with banks, revolutionize finance
investmentLocal

Huawei partners with banks, revolutionize finance

Leading banks in Nigeria, including Access, Zenith, and UBA, gathered in Lagos for the Huawei Finance Congress, where Huawei introduced…

byayotilewaMarch 28, 2024March 28, 2024
Protesters block PH airport entrance over lack of amenities
Local

Protesters block PH airport entrance over lack of amenities

Residents of Omagwa and Ipo communities in Rivers State staged a protest at the entrance of the Port Harcourt International…

byayotilewaMarch 28, 2024March 28, 2024
Caverton Injects N1bn In Local Boat Building
Maritime

Caverton Injects N1bn In Local Boat Building

Caverton Offshore Support Group has disclosed its investment of approximately N1 billion in in-country boat building, aimed at curbing capital…

byayotilewaMarch 28, 2024March 28, 2024
Leadership dispute emerges at Eko DisCo
BusinessLocal

Leadership dispute emerges at Eko DisCo

A dispute over leadership has arisen at the Eko Electricity Distribution Company (EKEDC), with conflicting statements regarding the status of…

byayotilewaMarch 28, 2024March 28, 2024
Dangote, Elumelu, Rabiu, others make Tinubu’s economic team
BusinessLocal

Dangote, Elumelu, Rabiu, others make Tinubu’s economic team

President Bola Tinubu has given the green light for the establishment of two crucial bodies aimed at addressing Nigeria’s economic…

byayotilewaMarch 28, 2024March 28, 2024
Make Report Of Betta Edu Probe Public – Group
Local

Make Report Of Betta Edu Probe Public – Group

The Youths Vanguard For Democracy and Good Governance has urged President Bola Tinubu to ensure transparency in the investigation of…

byayotilewaMarch 28, 2024March 28, 2024
China will be a driving force for the world economic recovery, official says
World

China will be a driving force for the world economic recovery, official says

China is poised to play a pivotal role in driving global economic recovery this year, according to Zhao Leji, the…

byayotilewaMarch 28, 2024March 28, 2024
UAE’s IRH plans bid for stake in Zambia’s Lubambe copper mine
Africa

UAE’s IRH plans bid for stake in Zambia’s Lubambe copper mine

In the fourth quarter of 2023, South Africa experienced a decrease in foreign direct investment (FDI) inflows, with 16.2 billion…

byayotilewaMarch 28, 2024March 28, 2024
Kenya resolves its oil importation row with Uganda – report
Africa

Kenya resolves its oil importation row with Uganda – report

Kenya’s Energy Minister, Davis Chirchir, has announced that Kenya will permit Uganda’s state oil firm, UNOC (Uganda National Oil Company),…

byayotilewaMarch 28, 2024March 28, 2024
Yen on intervention watch; Asia shares creep higher
Currency

Yen on intervention watch; Asia shares creep higher

The yen remained near its weakest levels in decades on Thursday, but the threat of intervention by Japanese authorities prevented…

byayotilewaMarch 28, 2024March 28, 2024
Dollar strengthens against euro and pound
TradeWorld

Dollar strengthens against euro and pound

On Thursday, the dollar strengthened against the euro and pound after a Federal Reserve policy maker indicated no rush to…

byayotilewaMarch 28, 2024March 28, 2024

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