Canada moves to end rail shutdown quickly; CN workers to return to work
Workers at Canadian National Railway (CNR) will return to work on Friday after the Canadian government intervened to end an…
Day: August 23, 2024
Grocery stores boost political donations even as Democrats take aim
Political donations from major food companies to Democratic lawmakers have risen in the current congressional election cycle, even as many…
China’s robot makers chase Tesla to deliver humanoid workers
China is aggressively advancing in the humanoid robot industry, aiming to rival Tesla in building battery-powered robots for factory and…
Infinity Trust Mortgage Bank plans N50bn capital raise
Infinity Trust Mortgage Bank Plc has unveiled plans to raise N50 billion through private placement to bolster its capital base…
NGX Regco backs FRC on new reporting standards
Olufemi Shobanjo, CEO of NGX Regulation Limited, praised the Financial Reporting Council of Nigeria (FRCN) for its pioneering role in…
Equity market extends loss by N65bn
The Nigerian equity market continued its downward trend on Thursday, with a loss of N65 billion as the All Share…
FG installs power plants in six federal universities
The Federal Government, through the Rural Electrification Agency (REA), has successfully installed power plants in six federal universities as part…
FG deficit rose to N824bn in April – CBN
Nigeria’s fiscal deficit increased marginally by 0.1% to N824.79 billion in April 2024, up from N823.91 billion in March, according…
Crypto trader turns $1000 into $400,000 trading Tron’s memecoin Sunwukong
The crypto community is abuzz after an anonymous trader, identified as TDm2, transformed a $1,000 investment into a staggering $400,000…
TikTok announces industry-first sub-Saharan Africa Safety Advisory Council
TikTok is strengthening its safety initiatives in Sub-Saharan Africa by launching its first Safety Advisory Council and expanding the #SaferTogether…
FAAN, NAQS forge partnership to boost air agro export
The Federal Airports Authority of Nigeria (FAAN) has teamed up with the Nigerian Agricultural Quarantine Services (NAQS) to improve the…
… Says President, Wale Tinubu not involved in OVH acquisition
NNPC Ltd has refuted allegations that President Bola Tinubu or his relative, Wale Tinubu, were involved in the acquisition of…
Oando finalises $783m acquisition of NAOC
Oando PLC has completed its $783 million acquisition of Nigerian Agip Oil Company (NAOC), Eni’s Nigerian subsidiary, marking a significant…
Kolomoni MFB appoints MD
Kolomoni Microfinance Bank has announced the appointment of Yusuf Adeojo as its new Managing Director. The board expressed confidence in…