Business FG deficit rose to N824bn in April – CBN Aug 23, 2024 0 Nigeria's fiscal deficit increased marginally by 0.1% to N824.79 billion in April 2024, up from N823.91 billion in!-->…
Crypto Crypto trader turns $1000 into $400,000 trading Tron’s memecoin Sunwukong Aug 23, 2024 0 The crypto community is abuzz after an anonymous trader, identified as TDm2, transformed a $1,000 investment into!-->…
Technology TikTok announces industry-first sub-Saharan Africa Safety Advisory Council Aug 23, 2024 0 TikTok is strengthening its safety initiatives in Sub-Saharan Africa by launching its first Safety Advisory!-->…
Agriculture FAAN, NAQS forge partnership to boost air agro export Aug 23, 2024 0 The Federal Airports Authority of Nigeria (FAAN) has teamed up with the Nigerian Agricultural Quarantine Services!-->…
Business … Says President, Wale Tinubu not involved in OVH acquisition Aug 23, 2024 0 NNPC Ltd has refuted allegations that President Bola Tinubu or his relative, Wale Tinubu, were involved in the!-->…
Business Oando finalises $783m acquisition of NAOC Aug 23, 2024 0 Oando PLC has completed its $783 million acquisition of Nigerian Agip Oil Company (NAOC), Eni’s Nigerian!-->…
Business Kolomoni MFB appoints MD Aug 23, 2024 0 Kolomoni Microfinance Bank has announced the appointment of Yusuf Adeojo as its new Managing Director. The!-->!-->!-->…
Business Shares gain, dollar subdued as Fed readies rate cuts Aug 22, 2024 0 European stocks saw a slight rise on Thursday, with the STOXX 600 index gaining 0.3%, supported by retail stocks. !-->!-->…
Business Euro zone business activity gets boost from Olympics, PMI shows Aug 22, 2024 0 Euro zone business activity showed unexpected strength in August, with the composite PMI rising to 51.2 from!-->…
Business Germany plans majority stake in cruise ship builder, sources say Aug 22, 2024 0 The German government, along with the state of Lower Saxony, plans to take a temporary majority stake in Meyer!-->…
Business NBA Urges Full Support for Dangote Refinery to End Fuel Scarcity in Nigeria Aug 22, 2024 0 The Nigerian Bar Association (NBA) has called for the full implementation of President Bola Ahmed Tinubu's!-->…
Trade U.S. to Partner with Nigeria on Chemical Weapons Convention for ECOWAS Aug 22, 2024 0 The U.S. government has announced plans to collaborate closely with Nigeria to lead discussions on implementing!-->…
Business FRC to tackle audit failures with new initiative Aug 22, 2024 0 The Financial Reporting Council of Nigeria (FRC) has reinforced its commitment to enhancing audit oversight and!-->…
Business NCC orders telcos to block SIM cards 5 minutes after they are reported stolen Aug 22, 2024 0 The Nigerian Communications Commission (NCC) has issued a directive requiring all telecommunications companies to!-->…
Business Crude sales in naira’ll exacerbate FX crisis, oil producers warn Aug 22, 2024 0 The Independent Petroleum Producers Group (IPPG) has cautioned the Nigerian government about the potential!-->…
Technology Elon Musk Set To Build Starlink Ground Stations Across Nigeria Aug 22, 2024 0 Elon Musk’s internet company, Starlink, is making significant progress in Nigeria by establishing ground stations!-->…
Business SUNU Assurances pays out N2.08bn in Claims Aug 22, 2024 0 SUNU Assurances Nigeria Plc has paid out N2.08 billion in claims to its customers during the 2023 financial year,!-->…
Local Oil blocks: FG threatens to revoke licenses of firms lacking exploration capacity Aug 22, 2024 0 The Federal Government of Nigeria has issued a stern warning to companies and individuals holding oil block!-->…
Business United Capital’s Share Price Soars 31% in August, Becoming Third… Aug 22, 2024 0 United Capital’s share price rose by 31% in August 2024, reaching N17, making it the third best-performing stock!-->…
Currency Naira sends mixed signals as Dollar shows some strength Aug 22, 2024 0 On Thursday, the naira showed mixed performance against the dollar in Nigerian FX markets. It improved slightly to!-->…
Market Futures edge higher with payrolls revisions, Fed minutes on tap Aug 21, 2024 0 U.S. stock index futures saw modest gains on Wednesday as investors awaited key economic updates, including!-->…
Local Walmart sells $3.74 billion JD.com stake to focus on its own China operations Aug 21, 2024 0 Walmart has sold its entire stake in Chinese e-commerce giant JD.com, raising approximately $3.74 billion to focus!-->…
Market NNPC distributes fuel to PH, Warri Depots, addresses scarcity Aug 21, 2024 0 The Nigerian National Petroleum Company (NNPC) has delivered petrol to depots in Port Harcourt and Warri in an!-->…
Business Aviation workers halt planned protest over revenue slash Aug 21, 2024 0 Aviation workers have called off their planned protest against the Federal Government's 50% revenue collection!-->…
Business Domestic airlines ground 42 aircraft over forex shortage Aug 21, 2024 0 In the past two years, 42 domestic aircraft in Nigeria have been grounded due to a severe shortage of foreign!-->…
Market CBN posts highest remittance inflow of $553m in July Aug 21, 2024 0 The Central Bank of Nigeria (CBN) announced a substantial increase in remittance inflows, reaching $553 million in!-->…
Local FRC vows to sanction erring auditors, accountants Aug 21, 2024 0 The Financial Reporting Council (FRC) of Nigeria has vowed to take decisive action against auditors and!-->…
Business 5 banks budget N222bn for cybersecurity Aug 21, 2024 0 Five major Nigerian banks are raising capital to meet new Central Bank of Nigeria requirements. They plan to!-->!-->!-->…
Business $3bn Badagry seaport seeks financial partners Aug 21, 2024 0 The $2.59 billion Badagry Deep Seaport project is now in its second phase, focusing on implementation and finding!-->…
Energy Don’t Pressure Us To Sell Crude Oil To Local Refineries, Oil Producers Tell FG Aug 21, 2024 0 The Independent Petroleum Producers Group (IPPG), responsible for 30% of Nigeria's crude oil production, has!-->…