Finance Investors In MTN Public Offer Gain N35 Billion In 6 Months Jun 28, 2022 0 Investors in MTN’s Public Offer for Sale conducted in December 2021 have gained an estimated N35 billion; since!-->…
Finance FG spends N1.243tn Monthly As Fuel Subsidy Hits N600/Litre – Operators Jun 28, 2022 0 The amount spent as subsidy by the Federal Government on every litre of Premium Motor Spirit; popularly called!-->…
Business DisCos’Payment To GenCos Drops By 50%, Consumers Kick. Jun 28, 2022 0 Electricity distribution companies’ payment to generation companies for electricity generation has dropped by 50%;!-->…
Local Firm Invests N24bn In Edo Integrated Farm Jun 28, 2022 0 Saro Group of Companies has invested not less than N24bn in an integrated farm in Edo State; in a concerted effort!-->…
Business Electric Automakers Make Last-Ditch Plea For More Tax Credits Before U.S. Election Jun 27, 2022 0 Shifting political winds during the U.S. November mid-term elections could spell trouble for automakers' hopes of!-->…
Local Nigeria’s Bitcoin P2P Surge By 25% In 180 Days Amid Falling Naira Jun 27, 2022 0 Despite government rules limiting crypto trades within financial institutions to protect citizens and monitor the!-->…
Local Naira Falls At Official Market Despite Slight Improvement In FX Supply Jun 27, 2022 0 The exchange rate between the naira and the US dollar closed at N420.25/$1 at the Investors and Exporters!-->…
Local Wema Bank Launches Innovation Challenge For Kids Jun 27, 2022 0 Wema Bank Plc has unveiled its Kids’ innovation challenge aimed at encouraging children. This, however, It teaches!-->…
Energy Saudi, OPEC May Make Up Or Russian Oil Output Loss As Biden visit looms Jun 27, 2022 0 Saudi Arabia and other OPEC states may boost oil production to offset a drop in Russian output. A move that could!-->…
Business FUGAZ Investors Gain N39 Billion Combined During The Week Jun 27, 2022 0 The market capitalization of the top five banks, referred to as the Tier-1 banks or FUGAZ, appreciated by 1.77% to!-->…
World Credit Suisse Faces Verdict In Cocaine-Cash Trial Jun 27, 2022 0 Swiss judges will rule on Monday whether Credit Suisse (CSGN.S) failed to prevent money laundering. Which linked!-->…
Local Analysis: Food Export Bans, From India To Argentina, Risk Fueling Inflation. Jun 27, 2022 0 It only took 24 hours last month for Prime Minister Narendra Modi's government in India. The world's!-->…
Local Banking Body Urges Decisive Wave Of Global Rate Hikes To Stem Inflation. Jun 27, 2022 0 The world's central bank umbrella body, the Bank for International Settlements (BIS), has bawl for interest rates!-->…
Local Telecom Firms’ Operating Costs Rise by N265bn – Nigerian Communications… Jun 27, 2022 0 The operating costs of telecommunication companies in Nigeria rose from N1.4tn in 2020 to N1.66tn in 2021. This!-->…
Africa Ghanaian cedi has lost 22% against the US dollar since the start of 2022 Jun 27, 2022 0 The Ghanaian cedi came under pressure after racking up a whopping loss of 22.44% against the US dollar. This comes!-->…
Business Linkage Assurance’s Gross Premium Rises By 34% Jun 27, 2022 0 Linkage Assurance Plc has disclosed that its gross premium written rose by 34 per cent in the 2021 financial!-->…
World Ireland’s PTSB May Absorb Initial ECB Rate Hikes, CEO Says Jun 27, 2022 0 Ireland's Permanent TSB may choose to absorb the first two rounds of European Central Bank interest rate hikes.!-->…
World G7 To Announce Ban On Import Of New Russian Gold U.S. Official Says Jun 27, 2022 0 The Group of Seven rich democracies will announce a ban on imports of Russian gold on Tuesday; as part of ongoing!-->…
World JP Morgan Sees Portfolio Rebalancing Lifting U.S. Stocks 7% Next Week Jun 27, 2022 0 U.S. equities could see a 7% move up next week as investors rebalance their portfolios after a brutal first half!-->…
Business Altcoins Gain 90% In The Last 7 Days. Jun 27, 2022 0 Bullish price action is returning back to the cryptocurrency market alongside the U.S. stock market as the 16.54%!-->…
investment China Proposes Rules To Regulate Private Pension Investment Via Mutual Funds. Jun 27, 2022 0 China's securities regulator proposed rules to regulate private pension investment via mutual funds. Setting the!-->…
Banking Banks Rally After Stress Test, Bank of America Underperforms Jun 27, 2022 0 Shares in the biggest U.S. banks rallied after they passed the Federal Reserve's annual health check; but Bank of!-->…
Local China Approves ICBC-Goldman Joint Venture To Offer Wealth Services Jun 27, 2022 0 Industrial and Commercial Bank of China (601398.SS), (1398.HK) (ICBC) said its wealth management joint venture!-->…
World Barclays Strikes $2.8 Billion Deal To Buy Mortgage Lender Kensington Jun 27, 2022 0 Barclays (BARC.L) has struck a deal worth around 2.3 billion pounds ($2.8 billion). This is to buy specialist!-->…
Local Customs, Firm Sign $3.2bn Digitisation Deal, FG Targets $176bn Revenue Jun 24, 2022 0 The Nigeria Customs Service and a consortium, Trade Modernisation Project Limited, signed a concession agreement!-->…
Technology Why Elon Musk’s Starlink Is A Big Deal For Nigeria Jun 24, 2022 0 Elon Musk announced via a tweet that the government of Nigeria has approved Starlink as an Internet Service!-->…
World Australia Power Crisis Forces Manufacturers To Eye Offshore Moves, Production Cuts Jun 24, 2022 0 Australia's biggest building materials manufacturers are cutting back operations, hiking prices and considering!-->…
World U.S. Factories Pop Up To Make Medical Gloves, Spurred By Pandemic Jun 24, 2022 0 Rising from a muddy field on the outskirts of the small town of Fayette. Alabama is a bricks-and-mortar symbol of!-->…
Business Traders List Reasons Why Prices Of Rice, Onions, Cooking Gas Rise Every Week Jun 24, 2022 0 The price of local rice, onions, cooking gas, pepper, and other staple food items has significantly increased. The!-->…
World U.S. Labor Market Remains Right; Business Activity Slowing By Lucia Mutikani Jun 24, 2022 0 The number of Americans filing new claims for unemployment benefits edged down last week as labor market!-->…