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Ekemini Uba 4493 posts 0 comments

Local

10 Of 39 MDAs scored above 50% in business facilitation — PEBEC

Apr 22, 2024 0
The Presidential Enabling Business Environment Council (PEBEC) has revealed that only 10 out of 39 government…
Finance

FG expects $2.2 billion World Bank loan and AfDB budget

Apr 22, 2024 0
The Federal Government of Nigeria anticipates receiving a $2.2 billion single-digit interest loan from the World…
Finance

Transcorp hotel reports 36.2% revenue growth

Apr 22, 2024 0
Transcorp Hotel Plc has revealed a notable increase of 36.2% in its revenue for the year 2023. During a…
Local

Dana Air introduces health initiatives for staff and customers

Apr 22, 2024 0
Dana Air, a prominent Nigerian airline plans to host health talks and screenings for staff and regular customers,…
Banking

Massive banking stocks sell-off persists

Apr 22, 2024 0
The banking sector witnessed a significant sell-off last week ahead of the Central Bank of Nigeria's (CBN)…
Banking

FG to commercialize FMBN to enhance housing delivery

Apr 22, 2024 0
The Federal Government says it is reviewing loans and projects estimated at $500m executed by the Nigerian Content…
Local

FG reviews $500 million loans and projects by NCDMB

Apr 22, 2024 0
The Federal Government is conducting a review of loans and projects totaling $500 million executed by the Nigerian…
Business

Aviation threatens strike over aviation agencies’ revenue deduction

Apr 22, 2024 0
The Air Transport Services Senior Staff Association of Nigeria (ATSSSAN) has issued a threat of industrial action…
Business

Afriland Properties records 34% increase in profit

Apr 22, 2024 0
Afriland Properties Plc, a property management, investment, and development company, has reported a profit before…
Africa

Sub-Saharan Africa incomes falling further behind rest of world, says IMF

Apr 19, 2024 0
The International Monetary Fund (IMF) has highlighted that incomes in Sub-Saharan Africa are falling further…
Africa

Risk sensitive South African rand weakens as geopolitical tensions bite

Apr 19, 2024 0
South Africa's rand experienced volatility in early Friday trading following reports of an Israeli attack on Iran,…
Business

Ghana deal with bondholders ‘a matter of time’, says IMF official

Apr 19, 2024 0
An IMF official stated that Ghana reaching a restructuring agreement with holders of its international bonds is…
Business

Report shows FG may criminalise fiber cable damage -Report

Apr 19, 2024 0
Nigeria is taking steps to make it a crime to damage broadband fiber cables following complaints from major…
Business

SEC vows to block illicit funds in capital market

Apr 19, 2024 0
The Securities and Exchange Commission (SEC) is taking a firm stance against the influx of illicit funds into the…
Business

Banks set for aggressive dividend payouts- Report

Apr 19, 2024 0
A report by Ernst and Young Global Limited (EY) suggests that Nigerian banks are gearing up for robust dividend…
Business

Nigeria issues N8 trillion in securities to boost economy- Minister

Apr 19, 2024 0
Wale Edun, Nigeria's Minister of Finance and Coordinating Minister of the Economy, revealed that the fiscal…
Business

Rising unemployment make Nigerians tap into pension savings

Apr 19, 2024 0
As unemployment rates climb in Nigeria, pension savings have become a vital source of immediate financial support…
Business

Binance collaborates with gov over detention of executives

Apr 19, 2024 0
The Economic and Financial Crimes Commission (EFCC) of Nigeria is prosecuting Binance for alleged money laundering…
Business

Ecobank repays $500 million eurobond

Apr 19, 2024 0
Ayo Adepoju, Group Chief Financial Officer of ETI, highlighted that the Eurobond, issued in April 2019, received…
Business

Paddy prices begin to decline

Apr 19, 2024 0
Over the past three years, the cost of paddy ranged from N9,000 to N20,000 per 100kg bag, influenced by factors…
Business

Google fires 28 employees after protest over Israeli contract

Apr 19, 2024 0
Google has terminated the employment of 28 employees following a sit-down protest organized by the group "No Tech…
Business

Dangote Refinery utilizes cheaper US oil imports- reports

Apr 19, 2024 0
The Dangote Petroleum Refinery, with a capacity of 650,000 barrels per day, is capitalizing on cheaper oil imports…
Local

Reps urges SEC and FRC to resolve N45 Billion revenue dispute

Apr 18, 2024 0
The House of Representatives Public Accounts Committee has instructed the Securities and Exchange Commission (SEC)…
Business

CBN tightens monetary policy, limits banks’ ability to lend

Apr 18, 2024 0
In Nigeria, the Central Bank (CBN) is taking steps to control inflation by tightening its monetary policy, but…
Banking

Access bank to reward 15,786 customers in DiamondXtra campaign

Apr 18, 2024 0
Access Bank has unveiled its Season 16 DiamondXtra campaign, aiming to reward its loyal customers with exciting…
Business

Tinubu applauds Dangote Group for diesel price reduction

Apr 18, 2024 0
President Bola Tinubu has praised Dangote Oil and Gas Limited for slashing the price of Automotive Gas Oil…
Business

Tariff increase to worsen economic instability — private sector

Apr 18, 2024 0
The Organised Private Sector (OPSN), composed of prominent Business Membership Organisations (BMOs), has raised…
Business

Data shows CBN not defending naira with FX reserves

Apr 18, 2024 0
Recent data from FMDQ Securities Exchange reveals that the Central Bank of Nigeria (CBN) has conducted rare…
Business

Devaluation woes sweep 1,600 Nigerians off dollar millionaire list

Apr 18, 2024 0
A recent report by Henley and Partners, a London investment migration consultancy, has revealed a significant…
Local

Shippers council implements e-registration to boost port security

Apr 18, 2024 0
The Nigerian Shippers Council (NSC) has announced the introduction of e-registration for regulated port service…
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Business

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World

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

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