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  • Page 117

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Ekemini Uba 4868 posts 0 comments

Business

NLNG’s $4.3bn Train-7 project reaches 67% completion

Jun 21, 2024 0
Nigeria LNG Limited has announced that its $4.3 billion Train-7 project is now 67% complete. The project has…
Business

FG seeks N450 billion from June 2024 bond auction

Jun 21, 2024 0
The Federal Government of Nigeria aims to raise at least N450 billion through its June 2024 bond offer, as…
investment

Olufemi Otedola Becomes Largest Shareholder in FBN Holdings with New Share…

Jun 21, 2024 0
Olufemi Otedola, chairman of FBN Holdings, has acquired an additional 546,674,034 shares through Calvados Global…
Business

Africa Global Logistics Launches in Nigeria, Unveils Growth Plans

Jun 21, 2024 0
Africa Global Logistics (AGL), formerly Bolloré Africa Logistics, has officially launched in Nigeria, aiming to…
Banking

Fidelity Bank: we have all it takes to surpass N500b capital

Jun 21, 2024 0
Fidelity Bank Plc has announced a capital-raising initiative of N127.10 billion to enhance its market position and…
Business

WIOCC raises $41 million to expand infrastructure in Nigeria, others 

Jun 21, 2024 0
The West Indian Ocean Cable Company (WIOCC) has secured $41 million in debt funding led by IFC and Proparco to…
Business

Nigerians Living In Urban Cities Make Up 83% Of Beneficiaries Of FG’s Cash…

Jun 21, 2024 0
The Nigerian government’s cash transfer program, supported by an $800 million World Bank loan, has reached over…
Banking

Swiss National Bank Calls for Stronger Financial Regulations Post Credit Suisse…

Jun 20, 2024 0
Switzerland's financial regulations need strengthening after UBS's takeover of Credit Suisse, according to the…
Commodities

Honeywell to buy aerospace and defense firm CAES Systems for $1.9 bln

Jun 20, 2024 0
Honeywell has agreed to purchase aerospace and defense technology firm CAES Systems from Advent International for…
Business

WestJet Works to Resume Normal Operations After Union Rescinds Strike Notice

Jun 20, 2024 0
WestJet Airlines is working to return to normal operations following the rescindment of a strike notice by the…
Business

Guzman Y Gomez surges 37% in hottest Australian IPO in three years

Jun 20, 2024 0
Guzman Y Gomez (GYG.AX), a Mexican food chain, delivered Australia's best initial public offering (IPO) debut in…
Finance

Citigroup Eyes European Expansion Despite Political Instability

Jun 20, 2024 0
Citigroup (C.N) is poised to expand its business in Europe despite the continent's political volatility, which has…
Business

Nigeria’s Petrol Prices Surge by 223% in May

Jun 20, 2024 0
Month-on-month, the price increased by 9.75%, up from N701.24 in April 2024. The report highlights that the…
Trade

Okomu Oil, Presco post 94% growth in profits in Q1’2024 amid rising inflation

Jun 20, 2024 0
The combined profit of Presco Plc and Okomu Oil Palm Company Plc soared by 94.32% in the first quarter of 2024…
Business

World Bank disburses $300m palliative loans, benefitting 3 million Nigerians

Jun 20, 2024 0
The World Bank has disbursed an $800 million palliative loan to assist poor and vulnerable households affected by…
Business

Nigeria’s credit penetration rises to 14%

Jun 20, 2024 0
During the CRC Finance and Credit Conference 2024 in Lagos, CRC Credit Bureau Limited revealed that Nigeria's…
Business

Customs one-year revenue rises by 74%, hits N4.5tn

Jun 20, 2024 0
The Nigeria Customs Service (NCS) has reported a significant 74% growth in revenue collection, reaching N4.49…
Business

Aradel crude production hits 13,000bpd

Jun 20, 2024 0
Aradel Holdings Plc, an indigenous energy company, has announced a remarkable increase in its crude oil and…
Business

Equity market resumes from Sallah holiday with N47bn loss

Jun 20, 2024 0
Investors on the Nigerian Exchange faced losses totaling approximately N47 billion as trading resumed after the…
Business

Federal Government’s Borrowings from World Bank Total $4.95bn in 12 Months

Jun 20, 2024 0
Over the past year, the Federal Government of Nigeria has borrowed a total of $4.95 billion in loans from the…
Business

SEforALL Reappoints Damilola Ogunbiyi as CEO for Second Term

Jun 20, 2024 0
The Sustainable Energy for All (SEforALL) Governance Board has approved the reappointment of Ms. Damilola Ogunbiyi…
Business

FG, World Bank Trains 496 Youth in Web, App Development 

Jun 20, 2024 0
In collaboration with Information Technology (IT) firms, the World Bank and the federal government have trained…
Trade

Nigeria’s trade with UK crashes by 25% in Q1 2024 on lower exports

Jun 19, 2024 0
Nigeria's total trade with the United Kingdom declined by 25% in the first quarter of 2024, despite higher values…
Local

Lagos State to Establish Aviation Unit, Develop Lekki Airport

Jun 19, 2024 0
The Lagos State Government will create an Aviation Unit within the Ministry of Transportation to enhance oversight…
World

U.S President allows legal status for 500,000 illegal immigrants married to its…

Jun 19, 2024 0
President Biden has granted legal status and a streamlined pathway to U.S. residency and citizenship for about…
Local

Lagos State aims for 52% clean energy BRT buses by 2050

Jun 19, 2024 0
The Lagos State Government has set an ambitious target to significantly reduce carbon emissions in public…
Business

WFP partners Nigeria, others to kickstart food assistance program, targets 7.5…

Jun 19, 2024 0
The United Nations World Food Program (WFP) has partnered with Nigeria and other West and Central African…
Business

EnjoyCorp Acquires 86.5% Stake in Champion Breweries Plc

Jun 19, 2024 0
The Board of Champion Breweries Plc has announced the completion of an 86.5% stake acquisition by EnjoyCorp…
Market

Dangote refinery enters Asian market, ships first low-sulfur oil to Singapore

Jun 19, 2024 0
Nigeria’s Dangote Refinery is set to dispatch its first shipment of low-sulfur straight-run fuel oil (LSSR) to…
Business

Asian, local companies take over as western multinationals exit Nigeria

Jun 19, 2024 0
As major multinationals from the US and Europe exit Nigeria, Asian and local companies are stepping in to fill the…
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NIGERIA

Business

MTN Nigeria Profit Surges to N355.5bn as Data and Fintech Revenue Drive Strong Q1 Growth

Apr 30, 2026
Business

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

Apr 30, 2026
Business

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

Apr 30, 2026
Business

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

Apr 30, 2026
Prev Next 1 of 3,118

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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