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Ekemini Uba 4451 posts 0 comments

Business

INFLATION: Cost of sales in companies rise 29% to N5.4trn

Jun 7, 2024 0
A recent analysis of financial statements from 20 leading Nigerian companies reveals a significant increase in…
Business

Insurance sector charged on digital adoption to accelerate penetration

Jun 7, 2024 0
Enterprise Life Nigeria, a leading insurance provider, is calling for the industry to embrace digital adoption.…
Local

Food security: FG providing N200 billion to support the cultivation of hectares of…

Jun 7, 2024 0
The Secretary to the Government of the Federation (SGF), Sen. George Akume, announced that the federal government…
Business

Police declare ‘fugitive’ First Bank employee, Tijani Muiz, ‘wanted’ over alleged…

Jun 7, 2024 0
The Nigerian Police Force has declared Tijani, an employee of First Bank of Nigeria Limited, wanted for multiple…
Local

Australian authorities project loss of 250,000 jobs dependent on foreign students

Jun 7, 2024 0
Authorities in Australia have warned that new measures to limit international students could severely impact the…
Business

Freight services resume on Lagos-Kano narrow gauge railway

Jun 7, 2024 0
Freight services have resumed on the rehabilitated Lagos-Kano narrow gauge railway line, announced by the Minister…
Crypto

Opinion: Free Crypto Up for Grabs: Top 5 Airdrops to Look Out For in June

Jun 7, 2024 0
This article explores five of the most promising airdrop campaigns happening in June. Airdrops are a way for…
Business

Chinese Construction Company Creates 10,000 Jobs in Abuja Rail Project

Jun 7, 2024 0
The China Civil Engineering Construction Company (CCECC) has revealed that it generated 10,000 jobs during the…
Business

Nigerian Refineries Look to US Oil to Fill Domestic Supply Gap

Jun 7, 2024 0
Nigerian modular refineries, facing an unreliable domestic crude oil supply, are exploring imports from the United…
Business

Nigeria’s current trade balance rises to $1.43bn amid economic challenges

Jun 7, 2024 0
Data from the International Monetary Fund's World Economic Outlook reveals an increase in the country's current…
Business

Minimum wage negotiations inconclusive, says Ajaero as presidency debunks N105,000…

Jun 7, 2024 0
With just days left before the expiration of the ultimatum given by organized labor, negotiations on the minimum…
Business

Airtel Africa to pay N276 billion total dividend for 2023, chooses N1,485.99 as…

Jun 6, 2024 0
Airtel Africa is set to pay a total dividend of N276 billion ($224 million) for the fiscal year ending March 31,…
Business

Mansard’s 704% profit surge masks core operational concerns

Jun 6, 2024 0
Despite a staggering 704% increase in pre-tax profits, a closer look reveals a need for improvement in core…
Business

Relief for households as cooking gas price falls to N900/kg

Jun 6, 2024 0
Households in Nigeria are celebrating a significant decrease in the price of Liquefied Petroleum Gas (LPG), also…
Business

Heritage Bank Depositors to Get Money Back Within a Week

Jun 6, 2024 0
The Nigerian Deposit Insurance Corporation (NDIC) has begun the process of reimbursing depositors of Heritage…
Commodities

FG Considers Duty Suspension and VAT Cuts to Fight Inflation

Jun 6, 2024 0
In an effort to combat inflation, the Nigerian government is proposing a six-month suspension of import duties on…
Business

Atiku Tackles Tinubu As FG Projects N5.4trn For Fuel Subsidy In 2024

Jun 6, 2024 0
Former Vice President Atiku Abubakar has accused President Bola Ahmed Tinubu of misleading Nigerians about the…
Trade

FCMB Secures $15m Trade Finance Facility with ITFC

Jun 6, 2024 0
First City Monument Bank (FCMB) has entered into a $15 million Master Murabaha Agreement with the International…
Business

Fidelity Bank goes for N127.1bn capital raise

Jun 6, 2024 0
In response to the Central Bank of Nigeria's revised minimum capital requirements for commercial banks introduced…
Business

FG Plans N6.6 Trillion Supplementary Budget under ASAP

Jun 6, 2024 0
The Federal Government is preparing to seek approval from the National Assembly for a N6.6 trillion supplementary…
Business

Nigeria’s current account balance exceeds $1.432bn, says IMF

Jun 6, 2024 0
Nigeria's current account balance has achieved a surplus of $1.432 billion in 2024, an improvement from the $1.21…
Commodities

Oil price drops below budget benchmark, as output stagnates

Jun 6, 2024 0
Nigeria's 2024 national budget is under significant funding pressure due to a sustained decline in oil prices and…
Banking

Fidelity Bank Plc undertakes a N29.6bn Rights Issue and N97.5bn public offer

Jun 6, 2024 0
Fidelity Bank Plc is set to raise up to N127.1 billion via a Rights Issue and Public Offer, as part of its…
Business

Investors shun 182-day T-Bills, flock to 364-day bills with N677 billion…

Jun 6, 2024 0
The latest Nigerian Treasury Bill auction on June 5th, 2024 revealed a strong preference for longer-term…
Banking

FCMB Shareholders Raise Issued Capital To N150bn

Jun 5, 2024 0
FCMB Group Plc shareholders have approved a significant increase in the company's capital base. This move will…
Business

CNG initiative to cut petrol import spendings by $4.4bn annually–FG

Jun 5, 2024 0
Nigeria's government is launching a Compressed Natural Gas (CNG) initiative to reduce reliance on expensive petrol…
Business

Foreign airlines mull comeback as FG clears trapped funds

Jun 5, 2024 0
Foreign airlines are flocking back to Nigeria after the government cleared nearly all of their previously trapped…
Business

Minimum wage: Our 494k demand is not fixated – TUC president

Jun 5, 2024 0
Nigeria's five-day-old labor strike protesting low wages has been called off to allow for continued negotiations…
Local

Naira remains calm across FX markets dollar sales rise by 94.46%

Jun 5, 2024 0
Nigeria's naira remained relatively stable on Tuesday across both official and unofficial foreign exchange…
Business

Fitch Ratings sees naira settling at 1450/$ by December

Jun 5, 2024 0
Fitch Ratings, an international credit agency, forecasts the Nigerian naira to end 2024 at 1450 per dollar. They…
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Investors Gain N29 Trillion in Q1 2026 as Nigerian Stock…

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NIGERIA

Business

Wale Edun Urges Mobilisation of Domestic Capital to Boost Nigeria’s Growth and Reduce Poverty

Mar 31, 2026
Business

Nigeria’s Oil Sector in Crisis: Urgent Reforms Needed Before Wells Run Dry

Mar 31, 2026
Business

Nigeria Targets 12 BCF Daily Gas Output Amid Energy Expansion Push

Mar 31, 2026
Business

Nigeria’s Solar Panel Imports Surge Amid Persistent Power Outages

Mar 31, 2026
Prev Next 1 of 3,048

World

Saudi warns of $50 oil if OPEC+ fails to honour cut deal

Oct 3, 2024

Walz, Vance clash at policy-heavy vice presidential debate

Oct 2, 2024

Refugees Contribute $124b To U.S. Economy

Oct 2, 2024
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