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Month: April 2024

Africa Prudential approve 900m dividends
BusinessStock

Africa Prudential approve 900m dividends

Shareholders of Africa Prudential Plc have given their approval for the payment of N900 million in dividends, equivalent to 45…

byayotilewaApril 2, 2024April 2, 2024
Alternative bank, TK Tech Africa set $500m digital sukuk partnership
BusinessLocal

Alternative bank, TK Tech Africa set $500m digital sukuk partnership

The Alternative Bank and TK Tech Africa are teaming up to revolutionize financial technology and non-interest banking in Nigeria with…

byayotilewaApril 2, 2024April 2, 2024
Nigeria’s exports to Netherlands hit N1.9 trillion in Q4
BusinessLocalTrade

Nigeria’s exports to Netherlands hit N1.9 trillion in Q4

According to a report by the National Bureau of Statistics (NBS), Nigeria exported goods worth N1.9 trillion to The Netherlands…

byayotilewaApril 2, 2024April 2, 2024
Again Zenith Bank named best bank in Nigeria
BankingBusinessLocal

Again Zenith Bank named best bank in Nigeria

Zenith Bank Plc has been honored as the Best Bank in Nigeria at the Global Finance Best Banks Awards 2024,…

byayotilewaApril 2, 2024April 2, 2024
Airfares expected to drop further as prices plummet by over 50%
Local

Airfares expected to drop further as prices plummet by over 50%

Recent findings by Daily Trust have revealed a significant reduction of over 50 percent in international airfares, leading experts and…

byayotilewaApril 2, 2024April 2, 2024
Naira recovery now tackle inflation — BDCs
BusinessCurrency

Naira recovery now tackle inflation — BDCs

The Association of Bureaux de Change Operators of Nigeria has highlighted the positive impact of the naira’s recovery on the…

byayotilewaApril 2, 2024April 2, 2024
Electricity tariff hike looms as FG raises gas price
EnergyLocal

Electricity tariff hike looms as FG raises gas price

The Federal Government has announced an increase in the price of natural gas for power generation companies, signaling a potential…

byayotilewaApril 2, 2024April 2, 2024
Reduced crude oil exports by Nigeria, Iraq cause plunge in OPEC output
CommoditiesLocal

Reduced crude oil exports by Nigeria, Iraq cause plunge in OPEC output

A recent survey by Reuters revealed a significant drop in oil output by the Organization of Petroleum Exporting Countries (OPEC)…

byayotilewaApril 2, 2024April 2, 2024
Chams Holdings bounces back with N20.22m profit
BusinessLocal

Chams Holdings bounces back with N20.22m profit

Chams Holdings Plc, known for providing identity verification solutions, made a remarkable comeback in 2023, returning to profit with a…

byayotilewaApril 2, 2024April 2, 2024
Tension in Lagos as fuel stations shut down over scarcity
BusinessCommodities

Tension in Lagos as fuel stations shut down over scarcity

Several parts of Lagos experienced palpable tension on Monday as a number of fuel stations were shut down due to…

byayotilewaApril 2, 2024April 2, 2024
Banks positioned to meet new recapitalization requirements
BankingBusinessLocal

Banks positioned to meet new recapitalization requirements

The Association of Corporate & Marketing Communication Professionals of Banks has expressed confidence that Nigerian banks are well-equipped to meet…

byayotilewaApril 2, 2024April 2, 2024
Four banks delay filing of 2023 audited results
BankingBusinessLocal

Four banks delay filing of 2023 audited results

Four prominent banks, including United Bank for Africa, Zenith Bank, Stanbic IBTC, and Wema Bank, have disclosed that they will…

byayotilewaApril 2, 2024April 2, 2024

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