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Ekemini Uba 4868 posts 0 comments

Business

World Bank Restructures Nigeria Digital ID Project to Ensure $430 Million Funding

Jul 2, 2024 0
The World Bank is restructuring Nigeria’s Digital Identification for Development (ID4D) project to secure the full…
Local

Toyota to launch three electric vehicles in Nigeria

Jul 1, 2024 0
Toyota Nigeria Limited (TNL) announced plans to introduce three electric vehicles in Nigeria over the next three…
Local

New Minimum wage may push states into bankruptcy — NGF report

Jul 1, 2024 0
The implementation of a new minimum wage in Nigeria is facing roadblocks. While President Tinubu has promised to…
Business

NESG Backs CBN’s Stoppage Of Price Verification System On FX

Jul 1, 2024 0
The Nigerian Economic Summit Group (NESG) is praising the Central Bank of Nigeria's (CBN) decision to eliminate…
Business

MRS Nigeria Delisted from the Nigerian Stock Exchange, Eyes OTC Market

Jul 1, 2024 0
MRS Nigeria Limited, an oil marketing firm, has received shareholder approval to voluntarily delist its shares…
Local

MTN To Construct West Africa’s Largest Data Centre

Jul 1, 2024 0
MTN Nigeria is building the largest data center in West Africa, a signficant development for the country's digital…
Energy

Nigeria Removes 5 Oil Blocks from Licensing Round Due to Legal Issues

Jul 1, 2024 0
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has removed five (5) oil blocks from the ongoing…
Business

Russia’s VTB bank says US sanctions have complicated cross-border…

Jun 28, 2024 0
The recent U.S. sanctions on Moscow have significantly affected Russian banks, including VTB, Russia's…
Business

Ackman’s Pershing Square USA to offer shares at $50 in NY listing

Jun 28, 2024 0
Pershing Square USA, managed by billionaire Bill Ackman, is preparing for its initial public offering (IPO) on the…
Business

Aircraft delivery delays having ‘brutal’ impact on Lufthansa, says CEO

Jun 28, 2024 0
Carsten Spohr, CEO of Lufthansa (LHAG.DE), revealed at a business press club in Stuttgart that ongoing aircraft…
Business

Italy claims 1 billion euros in unpaid taxes from Google

Jun 28, 2024 0
Italy is seeking 1 billion euros ($1.07 billion) from Google in unpaid taxes and penalties, according to three…
Local

Nigeria’s cryptocurrency market worth over $400m — SEC DG

Jun 28, 2024 0
The Director General of the Securities and Exchange Commission (SEC), Emomotimi Agama, highlighted the…
Business

220 Drug Suspects Arrested As NDLEA Destroys 14 Cannabis Farms In Edo

Jun 28, 2024 0
The Edo State commander of the National Drug Law Enforcement Agency (NDLEA), Mr. Callys Alumona, announced that…
Business

Naira Depreciates Further, Exchanges At N1,510/$

Jun 28, 2024 0
The Naira maintained its downward trend, reaching N1,510.10 against the US Dollar as reported by Daily Trust. This…
Business

Nigeria Spends N1.47tr On Vehicle Importation

Jun 28, 2024 0
Mr. Oluwemimo Joseph Osanipin, Director-General of the National Automotive Design and Development Council (NADDC),…
Technology

EFCC Chairman recommends blockchain, AI for tracking and recovering $88.6 billion…

Jun 28, 2024 0
Mr. Olanipekun Olukoyede, Executive Chairman of the Economic and Financial Crimes Commission (EFCC), has called…
Business

About 60% of applicants have received N50,000 under trade grant scheme — Doris…

Jun 28, 2024 0
During the National Economic Council (NEC) meeting at the Presidential Villa, President Tinubu announced…
Local

Federal Government Launches Task Force to Tackle Illegal Charter Flights in…

Jun 28, 2024 0
The Federal Government has taken decisive action to address the proliferation of unauthorized and illegal charter…
Business

VFD Group Obtains Shareholders’ Approval to Raise N30bn Additional Capital 

Jun 28, 2024 0
At its virtual 8th Annual General Meeting (AGM), VFD Group Plc secured shareholders' approval to raise an…
Business

Ethiopian Airlines Group Wins Double Awards in Africa

Jun 28, 2024 0
Ethiopian Airlines Group, recognized as Africa's largest airline group, has secured top honors once again at the…
Banking

‘FirstBank Committed to Boost Economy through Creative Arts’

Jun 28, 2024 0
Dr. Timothy Arowoogun, Group Head, Public Sector West of FirstBank of Nigeria (FBN), emphasized the potential of…
Local

PalmPay Insists on CAC Registration to Prevent Account Freezing

Jun 28, 2024 0
PalmPay is urging its Business users to register and submit their Corporate Affairs Commission (CAC) details by…
Business

Microsoft Not Leaving Nigeria – CEO

Jun 27, 2024 0
Mrs. Ola William, Managing Director and CEO of Microsoft Nigeria plc, has denied rumors that Microsoft plans to…
Local

Dangote refinery: Crude supply crisis threatens oil investments, operators warn FG

Jun 27, 2024 0
Modular refineries in Nigeria are facing challenges due to an unreliable domestic crude oil supply, prompting them…
Business

‘Minor Fire Incident’ at Dangote Refinery Fully Contained, Says Management 

Jun 27, 2024 0
A minor fire outbreak occurred at a section of the Dangote Refinery in Ibeju Lekki, Lagos, on Wednesday morning.…
Local

Lagos Battling 2.3m Housing Gap – Commissioner

Jun 27, 2024 0
Lagos State is currently grappling with a significant housing gap of 2.3 million, according to the Commissioner…
Business

CBN discontinues price verification for Form ‘M’ (Effective July 2024)

Jun 27, 2024 0
The Central Bank of Nigeria (CBN) announced that it will discontinue its Price Verification System (PVS) Portal…
Local

Nigeria’s Treasury Bills debt surges to N10.4 trillion, largest balance in…

Jun 27, 2024 0
Nigeria's Treasury Bills (T-Bills) debt has surged to a record N10.4 trillion, marking a 60% increase in just…
Technology

IMF says Nigeria, other developing countries lack digital infrastructure for AI 

Jun 27, 2024 0
A new report from the International Monetary Fund (IMF) reveals that Nigeria, alongside other developing…
Energy

85 million Nigerians lack access to electricity — USAID

Jun 27, 2024 0
At a conference themed “Powering Nigeria: Mobilizing Private Capital,” Melissa Jones, Mission Director for USAID,…
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NIGERIA

Business

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Business

Naira Ends Losing Streak as FX Liquidity Improves, Trades at N1,379/$ Amid Narrowing Market Gap

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Business

Dangote Cement Posts N421.1bn Q1 Profit as Revenue Crosses N1.19 Trillion

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

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World

UN Warns Trump Against Iran Strikes as Deadline Nears:…

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

Oct 3, 2024

Walz, Vance clash at policy-heavy vice presidential debate

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