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Ekemini Uba 4868 posts 0 comments

Business

APM Terminals Recycles Used Tyres Into Footwear

Jun 25, 2024 0
Determined to tackle the issue of used tyres littering Lagos, transport and logistics giant APM Terminals has…
investment

RT Briscoe To Raise N10bn With Investment Scheme

Jun 25, 2024 0
RT Briscoe has launched a flexible investment plan aimed at supporting its 43,000 shareholders, mostly retired…
Market

Dangote Oil Refinery Faces Delay in July Launch Due to Crude Shortage

Jun 25, 2024 0
Dangote Oil Refinery's much-anticipated entry into the petrol supply market in July might face delays due to a…
Business

CBN grants IMTOs naira access to boost remittances

Jun 25, 2024 0
The Central Bank of Nigeria (CBN) has announced new measures aimed at enhancing naira liquidity and increasing…
Business

BDC Operators Struggle with New CBN Guidelines

Jun 25, 2024 0
Bureau De Change (BDC) operators in Nigeria have yet to comply with the new operational guidelines issued by the…
Business

Business registration possible in 24 hours, says CAC ambassador

Jun 25, 2024 0
The Corporate Affairs Commission (CAC) has introduced a Special Registration Portal (SRP) that enables business…
World

US prosecutors recommend Justice Dept. criminally charge Boeing

Jun 24, 2024 0
U.S. prosecutors are urging the Justice Department to bring criminal charges against Boeing, alleging the company…
Market

Japan warns against rapid FX moves, reiterates readiness for action

Jun 24, 2024 0
Japan is prepared to intervene against excessive market movements as the yen approaches 160 to the dollar, top…
Technology

Apple’s App Store rules breach EU tech rules, EU regulators say

Jun 24, 2024 0
The EU has charged Apple with breaching tech rules by preventing app developers from steering consumers to…
World

Deadly Fire at South Korean Lithium Battery Plant

Jun 24, 2024 0
A fire broke out at a lithium battery manufacturing plant in Hwaseong, South Korea, on Monday, resulting in…
Local

Dangiwa Elected Chair of African Ministers’ Housing Financial Caucus

Jun 24, 2024 0
Ahmed Dangiwa, the Minister of Housing and Urban Development, has been elected as the first chairman of the…
Finance

FBN Holdings gross earnings soared by 181% in Q1

Jun 24, 2024 0
FBN Holdings reported a significant 181.43% increase in gross earnings to N1.60 trillion for Q1 2024. Interest…
Business

Caverton Offshore loss worsens to N12bn

Jun 24, 2024 0
Caverton Offshore Support Group's losses after tax worsened by 146.79% to N12.75 billion at the end of 2023,…
Business

High food prices persist despite N1.25tn agriculture budget

Jun 24, 2024 0
Farmers and stakeholders have criticized the rising food prices in Nigeria, despite the federal government…
Business

Naira sells 1,485/dollar as official forex market records $23bn

Jun 24, 2024 0
Forex turnover in Nigeria's official market surged to $23.29 billion over six months, driven by Central Bank of…
Banking

NOVA Merchant Bank Transitions to Commercial Bank

Jun 24, 2024 0
NOVA Merchant Bank Limited has obtained approval to transition into a national commercial bank, announced Phillips…
Business

Aiteo resumes production at OML 29 in Bayelsa after oil leak shutdown

Jun 24, 2024 0
Aiteo Eastern Exploration and Production Company (AEEPCO) has resumed production at Oil Mining License (OML 29) in…
Business

Airport extortion beyond aviation ministry’s control – Keyamo

Jun 24, 2024 0
The Minister of Aviation and Aerospace Development, Festus Keyamo, acknowledged that the problem of extortion by…
Business

NNPC shifts $700m gas pipeline delivery date to August

Jun 24, 2024 0
The Nigerian National Petroleum Company Limited (NNPC) has postponed the completion date of the $700 million…
Business

Nigeria Spends $15.55bn on Debt Servicing Over Five Years

Jun 24, 2024 0
The Federal Government of Nigeria spent $15.55 billion on debt servicing between 2019 and 2024, according to data…
Business

Dangote accuses IOCs of plotting failure of its refinery

Jun 24, 2024 0
Devakumar Edwin, Vice President of Oil and Gas at Dangote Industries Limited, has accused International Oil…
Business

Protests Erupt in Kenya Over New Tax Increases

Jun 24, 2024 0
Protests have erupted across Kenya following the approval of significant tax increases by lawmakers, which have…
Finance

China asks Visa, Mastercard to cut card fees, Bloomberg News reports

Jun 21, 2024 0
China is advocating for Visa and Mastercard to decrease their bank card transaction fees in the country, aiming to…
Market

Chinese automakers retain grip over Southeast Asia’s booming electric car…

Jun 21, 2024 0
Electric vehicle (EV) sales in Southeast Asia have more than doubled in the January to March quarter compared to…
Business

JPMorgan wealth head sees China’s economic outlook improving

Jun 21, 2024 0
Mary Erdoes, CEO of asset and wealth management at JPMorgan Chase, expressed optimism about the bank's business…
Local

NNPC, TotalEnergies Commit $550m To Boost Domestic Gas Market

Jun 21, 2024 0
In a significant move to enhance Nigeria's oil and gas production, NNPC and TotalEnergies have announced a $550…
Banking

First Bank of Nigeria Appoints Olusegun Alebiosu as CEO, Ini Ebong as Deputy MD

Jun 21, 2024 0
First Bank of Nigeria Limited has officially named Olusegun Alebiosu as its new Managing Director and Chief…
Commodities

Toyota Reveals 2025 Crown Signia

Jun 21, 2024 0
Toyota has introduced the 2025 Toyota Crown Signia, a new addition to the Crown family that promises "effortless…
Local

Cooking gas price increases by 70% in yearly refill costs for 5kg LPG cylinders

Jun 21, 2024 0
The average retail price for refilling a 5kg Liquefied Petroleum Gas (LPG) cylinder, commonly known as cooking…
Business

FG’s deficit spending rises 8% to N1.07trn

Jun 21, 2024 0
The Federal Government of Nigeria's deficit spending rose by 8.0% year-on-year (YoY) to N1.07 trillion in January…
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Naira Ends Losing Streak as FX Liquidity Improves, Trades at N1,379/$ Amid Narrowing Market Gap

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

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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

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