Real Time Financial News Website
The Senate, on Tuesday, confirmed the nomination of Prof. Ayo Omotayo as director-general of the National Institute for Policy and Strategic Studies, Kuru, Jos, Plateau State. Omotayo’s confirmation followed the…
Lagos State Employment Trust Fund and Ministry of Economic Planning and Budget have said the second edition of the Lagos employment summit will focus on sustainable job creation strategies. This…
Made in Africa Nissan Navara brand has been introduced by Stallion NMN Limited to Nigerian showrooms Stallion NMN Limited plans to start assembling the new Nissan Navara pickup locally from…
CBN Governor Godwin Emefiele was summoned by the house of representatives committee on the public account over non-disclosure of recovered funds. The committee also summoned Minister of health Osagie Ehanire,…
The United Nations World Food Programme says an estimated 13 million people in Kenya, Somalia, and Ethiopia face severe hunger across the Horn of Africa. The UN agency, on Tuesday,…
The National Pension Commission says a total of 48, 543 contributors switched pension fund administrators (PFAs) in 2021, valued at about N171.7 billion. The commission said this in a bulletin…
Ratings agency Moody’s says small Kenyan banks suffering losses or facing insolvency are likely to become targets of acquisitions by their larger rivals over the next one-and-a-half years. The ratings…
As part of efforts aimed at boosting local milk production, Arla Foods, makers of Dano Milk, says it has signed an agreement with its joint-venture partner, Tolaram Group, to build…
Toyota Motor Corp on Wednesday cut its annual production target by half a million more vehicles as a chip shortage and COVID sick leave crimped output. It will build 8.5…
Jaiz Bank Plc has released its unaudited financial results for the period ended December 31, 2021. The results as released to the Nigerian Exchange Group showed a 37.2 per cent…
The House of Representatives has called on the Advertising Practitioners Council of Nigeria to liaise with social media giants and online advertising companies such as Google, Facebook and Twitter to…
Wall Street ended sharply higher on Tuesday, lifted by Apple and Microsoft, while a jump in Treasury yields elevated bank stocks ahead of a key inflation reading this week. The…
Two weeks after the Federal Government suspended the removal of petrol subsidy, the International Monetary Fund has again urged the Nigerian government to stop subsidising fuel. The Washington-based lender also…
Filling stations were shut on Monday as this led to queues by motorists in within their premises Ques were larger in the few outlets that dispense in Abuja, neighbouring states,…
The World Bank will give Kenya $200 million to support various development projects to improve food security in the country. Vinay Kunar Vutukru, a senior agriculture economist with the bank,…
Guaranty Trust Holding Company Plc says it has completed the acquisition of 100% shareholding in two subsidiaries of Investment One. The subsidiaries are Pension Managers and Investment One Funds Management.…
The labour unions in the aviation industry have suspended the planned strike. They had fixed today for the commencement of the strike. The groups in the sector announced on Tuesday…
The Canadian branch of accounting giant, KPMG has made its first allocation of cryptocurrency assets to its corporate treasury. According to New Wire Canada, the accounting firm announced that it…
Paxful, a peer-to-peer crypto platform, says it is committed to setting up Bitcoin educational centres in key markets where it operates in a bid to address the knowledge gap and…
The Joint Admissions and Matriculation Board (JAMB) announces plans to introduce self-service registration. Outlets will be situated in Abuja and Lagos to leverage the digital competence of its computer-savvy candidates.…
The Nigerian naira traded at N572 per dollar on Monday at the parallel section of the foreign exchange market. The figure is higher by N2 or 0.4% from the N570…
SoftBank Group Corp reported a 97% drop in quarterly profit and the collapse of a deal worth up to $80 billion to sell chip designer Arm on Tuesday, adding to…
Bumper profits from oil giant BP helped lift European stocks on Tuesday, while the euro was pegged back as the head of the European Central Bank. Oil and mining shares…
MTN Nigeria has paid the 5G license fee ahead of the February 24 deadline issued by the Federal Government of Nigeria. This was announced on the website of the Nigerian…
Thousands of telecommunication subscribers nationwide seeking to retrieve lost SIM cards or acquire new lines temporarily have been left stranded. This follows a technical glitch in the National Identity Management…
African Development Bank President Dr Akinwumi Adesina, says Africa needs $484bn over the next three years to tackle the socioeconomic impact of the COVID-19 pandemic and boost economic recovery. Dr…
The Bureau of Public Enterprises announced on Friday that it would execute 42 transactions in five different sectors of the economy in 2022. The BPE said the National Council on…
Petrocam Trading Nigeria Limited has applied to a Federal High Court in Lagos for the winding-up of Primero Transport Service Limited, the operator of Bus Rapid Transport (BRT), over alleged…
Ethereum’s native token looks poised to hit $3,500 in the coming sessions as it reclaimed a historically strong support level on Feb. 5. ETH price rising above its 50-week exponential…
The media company that owns The Wall Street Journal News Corp said it was a victim of a cyberattack last month. Its security consultant investigating the hack believes it was…