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Ekemini Uba 4493 posts 0 comments

Technology

Huawei unveils vision for tech growth in Africa

Apr 26, 2024 0
Huawei has showcased its latest advancements towards ushering in the intelligent era with the theme "Unleash Data…
Business

US seeks 36 months’ jail for Binance founder Zhao

Apr 24, 2024 0
U.S. prosecutors have recommended a 36-month prison sentence for Changpeng Zhao, the founder of Binance, the…
Business

UBA, Access, and FBN lead banks in electronic banking revenue increase

Apr 24, 2024 0
United Bank for Africa (UBA) Plc, Access Holdings Plc, and FBN Holdings Plc emerged as the top earners in…
Banking

Wale Bolorunduro appointed as new Chairman of LivingTrust Mortgage bank

Apr 24, 2024 0
LivingTrust Mortgage Bank, a Nigerian financial company, has named Wale Bolorunduro as its new chairman, starting…
Local

Transcorp Power welcomes Tuedor-Matthews, Odita as directors

Apr 24, 2024 0
Transcorp Power Plc, a subsidiary of Transnational Corporation Plc (Transcorp Group), has named Faith…
Business

Leadway Pensure reposts 25% growth in revenue

Apr 24, 2024 0
Leadway Pensure, a pension fund administrator in Nigeria, has wrapped up the 2023 financial year with impressive…
World

Taiwan happy with US aid package, China objects to arms sales

Apr 24, 2024 0
Taiwan's President Tsai Ing-wen expressed happiness over the U.S. Congress passing a significant foreign aid…
Business

U.S. senate votes to ban TikTok if chinese owner doesn’t sell in 9 months

Apr 24, 2024 0
The U.S. Senate has overwhelmingly passed a bill to ban TikTok in the United States if its Chinese owner,…
World

Indonesia cenbank says China’s Alipay+ yet to request permit

Apr 24, 2024 0
Filianingsih Hendarta, deputy governor of Indonesia's central bank, announced on Wednesday that Chinese firm Ant…
Business

$2.1bn reserve depletion: CBN sold only $581m to market — Report

Apr 24, 2024 0
Nigeria's external reserves have decreased by $2.16 billion over the past month, reaching a seven-year low of…
Local

Nestle Nigeria’s Fixed Assets Revalued At N305.4bn

Apr 24, 2024 0
Following foreign exchange losses in 2023 due to the naira depreciation, Nestlé Nigeria PLC has conducted a…
Business

Dangote Refinery slashes diesel, aviation fuel prices to N940 and N980…

Apr 24, 2024 0
Yesterday, the $20 billion Dangote Petroleum Refinery announced further reductions in the prices of diesel and…
Currency

Naira depreciates against Dollar, hits N1,234 at official market

Apr 23, 2024 0
The value of the Nigerian naira dropped against the United States dollar, reaching N1,234 at the official foreign…
Local

International Breweries shareholders approve $379.9m loan-to-equity conversion

Apr 23, 2024 0
During an Extraordinary General Meeting, shareholders of International Breweries endorsed a $379.9 million loan…
Commodities

Naira rebound leads to drop in rice prices across Nigeria

Apr 23, 2024 0
The recent strengthening of the naira against the dollar has brought relief to consumers, with the price of a…
Local

Sportsbet.io welcomes three new ambassadors to Its team

Apr 23, 2024 0
Yolo Group's Sportsbet.io has expanded its team of ambassadors with three new additions, joining the likes of…
Trade

Sterling, FCMB, Stanbic see biggest jump in FX gain

Apr 23, 2024 0
While big banks grabbed attention for foreign exchange gains last year, Sterling Financial Holdings Plc, FCMB…
Local

Diop to replace Chaudhuri as World Bank country director for Nigeria

Apr 23, 2024 0
Ndiame Diop, a Senegalese national, is set to assume the position of World Bank Country Director for Nigeria,…
Business

Naira gains to N1,250/$ after CBN sells fresh dollars to BDCs

Apr 23, 2024 0
The Central Bank of Nigeria (CBN) has initiated another round of discounted dollar sales directly to Bureau De…
Local

Nigeria sees 16% drop in POS transactions on bank transfers

Apr 23, 2024 0
Point-of-Sale (POS) transaction values in Nigeria experienced a notable downturn in the first quarter of 2024,…
Business

NNPC resume crude oil production at Awoba field after shutdown

Apr 23, 2024 0
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its Joint Venture partner, Newcross Exploration…
World

World bank halts $150m funding for Tanzania tourism project

Apr 23, 2024 0
The World Bank has suspended funding for a $150 million tourism project in Tanzania following allegations of…
World

Turkey to commence oil drilling in Somalia from 2025

Apr 23, 2024 0
Somalia has announced that Turkey will begin oil drilling operations along the country's extensive coastline…
Business

Microsoft introduces smaller AI model

Apr 23, 2024 0
Microsoft (MSFT.O) unveiled Phi-3-mini, a cost-effective small language artificial intelligence model aimed at…
World

Why dollar is battering euro, Japanese yen and Chinese yuan

Apr 23, 2024 0
The resurgence of the US dollar has caught global financial markets off guard in 2024, with the US dollar index…
Local

JAMB to reimburse fees for visually-impaired UTME candidates

Apr 23, 2024 0
The Joint Admissions and Matriculation Board (JAMB) has announced plans to reimburse fees paid for forms by…
Business

Nigeria eyes $30bn from debut forex bond

Apr 22, 2024 0
Nigeria is getting ready to borrow money from international investors by selling its first foreign currency bond.…
Breaking

Segun Alebiosun to serve as acting CEO of First Bank

Apr 22, 2024 0
Segun Alebiosun, currently the Executive Director and Chief Risk Officer, is likely to become the acting Managing…
Local

Stable Naira appreciation expected to ease Inflation

Apr 22, 2024 0
Analysts predict that the recent stability in Nigeria's foreign exchange market, along with the strengthening of…
Business

Dangote diesel supply to displace European imports

Apr 22, 2024 0
BusinessDay's investigation reveals that the Dangote oil refinery's diesel supply is set to replace the…
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NIGERIA

Business

Google and Slum2School Launch “Stories from Our Home” to Preserve Nigerian Folktales

Apr 2, 2026
Business

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Apr 2, 2026
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Banking Stocks Propel Nigerian Market to N599 Billion Gain as Q2 2026 Kicks Off

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World

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

Refugees Contribute $124b To U.S. Economy

Oct 2, 2024
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