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  • Page 112

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Ekemini Uba 4865 posts 0 comments

Business

FG Exempts GenCos, DisCos, Others From Withholding Tax

Jul 8, 2024 0
The federal government has exempted all electricity companies, including Generation and Distribution Companies…
Banking

Banks’ weekly borrowing from CBN jumps to N5.38trn on liquidity demand

Jul 8, 2024 0
The recent data from the Central Bank of Nigeria (CBN) reveals a significant increase in borrowing by Deposit…
Local

Oil slips as Gaza talks ease supply disruption woes; Hurricane Beryl in focus

Jul 8, 2024 0
Oil prices dropped on Monday after four weeks of gains due to potential progress in Gaza ceasefire talks, reducing…
Local

US, Australia commit to better Pacific banking as China influence grows

Jul 8, 2024 0
U.S. and Australian officials reaffirmed their commitment to improving financial connectivity in the Pacific as…
Local

Boeing to plead guilty to fraud in US probe of fatal 737 MAX crashes

Jul 8, 2024 0
Boeing has agreed to plead guilty to a criminal fraud conspiracy charge and pay a $243.6 million fine to settle a…
Local

FG Increases Rate Of Mining Licences

Jul 5, 2024 0
The Ministry of Solid Minerals Development has introduced new rates for mining licenses to enhance ease of doing…
Local

MTN Renovates School In Lagos

Jul 5, 2024 0
MTN has renovated Iwerekun Community High School in Lagos, demonstrating its commitment to improving learning…
Currency

Exchange rate gap closes as dollar trades at N1,520.24 at official market

Jul 5, 2024 0
On Thursday, the naira/dollar exchange rate reached N1,520 in both the official and parallel markets. This rare…
Local

NCAA Suspends Permits of 10 Private Jet Operators Over Recertification Issues

Jul 5, 2024 0
The Nigeria Civil Aviation Authority (NCAA) has suspended the Permit for Non-Commercial Flights (PNCF) of 10…
Business

Tinubu targets production of 2million bpd oil, 6GW electricity, 135m tonnes food

Jul 5, 2024 0
On Thursday, President Tinubu announced a N2 trillion economic stabilization package alongside the National…
Business

NHIA increases health insurance capitation by 60%, implements 40% fee for service…

Jul 5, 2024 0
The National Health Insurance Authority (NHIA) has announced substantial tariff adjustments, including a 60%…
Business

New UK Leader: British pound shows strength against naira and U.S dollar

Jul 5, 2024 0
Keir Starmer’s centre-left Labour Party secured a substantial majority in the UK general election, providing…
Local

FG Inaugurates 12 New CNG Stations in Lagos, Abuja

Jul 5, 2024 0
The federal government and the Nigeria National Petroleum Corporation (NNPC) have inaugurated twelve new…
Business

Band A customers: NLC demands new tariff hike reversal

Jul 5, 2024 0
The Nigeria Labour Congress (NLC) has criticized the recent increase in electricity tariffs for Band A customers…
Business

NNPC disagrees as report puts petrol debt at $6bn

Jul 5, 2024 0
Nigeria's state-owned Nigerian National Petroleum Company Limited (NNPC) is facing a mounting debt crisis in its…
Business

SEC approves Chiemeka’s appointment as NGX CEO

Jul 5, 2024 0
Jude Chiemeka has been officially appointed as the Chief Executive Officer of the Nigerian Exchange Limited (NGX),…
Banking

Union Bank promotes 337 employees

Jul 5, 2024 0
Union Bank of Nigeria has announced the promotion of 337 employees across its various departments. The bank's…
Business

China’s BYD opens EV factory in Thailand, first in Southeast Asia

Jul 4, 2024 0
China's leading electric vehicle (EV) manufacturer, BYD (002594.SZ), has inaugurated its first Southeast Asian…
Business

Access Holdings Kicks Off N351bn Capital Raising

Jul 4, 2024 0
Access Holdings Plc is set to raise a whopping N351 billion through a Rights Issue for its existing shareholders.…
Energy

DisCos further raise Band A electricity tariff, blame operating costs

Jul 4, 2024 0
Electricity Distribution Companies (DisCos) in Nigeria have approved another tariff hike for Band A consumers due…
Business

Senate to receive ‘N6.6trn’ supplementary budget next week

Jul 4, 2024 0
The Senate Committee on Public Affairs, led by Yemi Adaramodu, is set to review a supplementary budget of around…
Business

FG up to date on debt payments, $700m paid, says Edun

Jul 4, 2024 0
Wale Edun, Nigeria's Minister of Finance and Coordinating Minister of the Economy, announced that the federal…
Local

NCDMB won’t register oil service providers without capacity – ES

Jul 4, 2024 0
The Nigerian Content Development and Monitoring Board (NCDMB) has announced stricter measures for approving oil…
Business

Labour, private sector protest as Discos hike tariff again

Jul 4, 2024 0
The Nigeria Labour Congress, Trade Union Congress, and Organised Private Sector have criticized the recent hike in…
Business

Vehicle importation down by 45% over forex crisis – CGC

Jul 4, 2024 0
Adewale Adeniyi, Comptroller General of the Nigeria Customs Service, revealed a significant 45% decline in vehicle…
Business

Industrial and Medical Gases Nigeria Plc Appoints Aminu Ado Chairman

Jul 4, 2024 0
Industrial and Medical Gases Nigeria Plc (IMG) has appointed Aminu Ado as its new substantive chairman. This…
Business

$1.5bn oil sector divestment deals completed – FG

Jul 4, 2024 0
The Federal Government of Nigeria has announced the successful completion of significant oil divestment deals…
Breaking

Equity market sustains rally with N131bn gain

Jul 4, 2024 0
The Nigerian equity market saw another day of gains on Wednesday, with investors pocketing N131 billion boosted by…
Business

Zedcrest acquires RMB Nigeria stockbrokers

Jul 4, 2024 0
Financial solutions firm, Zedcrest, has announced its complete acquisition of RMB Nigeria Stockbrokers, a move…
Crypto

KuCoin Implements 7.5% VAT on Crypto Transactions in Nigeria

Jul 4, 2024 0
KuCoin, a prominent cryptocurrency exchange operating in Nigeria, has announced the implementation of a 7.5%…
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NIGERIA

Business

Naira Strengthens Slightly Against Dollar as FX Turnover Surges in Nigerian Foreign Exchange Market

Apr 30, 2026
Business

NGX crosses N150 trillion market cap as equities surge N5.55 trillion in single-day rally

Apr 30, 2026
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NGX Targets Deeper Market Growth as Shareholders Approve N2 Dividend, Bonus Shares

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Business

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World

UN Warns Trump Against Iran Strikes as Deadline Nears:…

Apr 7, 2026

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
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