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  • Page 122

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Ekemini Uba 4868 posts 0 comments

Business

FG to Mandate Oil Sales to Dangote Refinery

Jun 5, 2024 0
Nigeria's oil regulator, NUPRC, is stepping in to ensure international oil companies (IOCs) supply crude oil to…
Commodities

CNG will reduce petrol imports by $4.4bn–FG

Jun 5, 2024 0
Nigeria is making a strong push to transition towards Compressed Natural Gas (CNG) as a transportation fuel. The…
Trade

Nigeria loses N149bn to one-day oil workers strike

Jun 5, 2024 0
Nigeria's oil production was significantly disrupted due to a nationwide strike by oil workers protesting the…
Africa

Global unemployment declines, says ILO

Jun 5, 2024 0
The International Labour Organization (ILO) predicts a small decline in global unemployment for 2024, reaching…
Business

Atlanta Black Chambers names Nigerian spokesman

Jun 5, 2024 0
The Atlanta Black Chambers (ABC), a prominent organization supporting Black-owned businesses, has appointed Samuel…
Local

Nigerian Pension Provider Launches AI Chatbot for Improved Customer Experience

Jun 5, 2024 0
Veritas Glanvills Pensions Limited (VG Pensions) has introduced an innovative customer service solution - an…
Business

Passengers Report Stolen Belongings on Air Peace Flight

Jun 5, 2024 0
Several passengers on a recent Abuja-bound Air Peace flight claim their belongings went missing during the trip. A…
Business

EU aviation regulator to allow FAA to observe its plane audits

Jun 4, 2024 0
European aviation regulators are proposing a new level of cooperation with their American counterparts. The…
Business

US farmers opt for soy to limit losses as all crop prices slump

Jun 4, 2024 0
Illinois farmers like Mark Tuttle are planting more soybeans and less corn this year in a desperate attempt to…
Business

U.S. job openings drop in April, as labor market cools

Jun 4, 2024 0
The U.S. job market appears to be cooling down, with job openings dropping to a three-year low in April. This…
Business

Chinese security firm Nuctech challenges EU raids over alleged subsidies

Jun 4, 2024 0
Nuctech, a Chinese company manufacturing security scanners, is suing the European Commission after its offices…
Business

Boeing’s Calhoun says board will decide his successor

Jun 4, 2024 0
Boeing's outgoing CEO David Calhoun is stepping down by the end of the year. The board is actively searching for…
Business

Toyota Recalls Over 100,000 Vehicles Due to Potential Engine Stall

Jun 4, 2024 0
Attention Toyota and Lexus owners! There's a recall on certain 2022-2023 Tundra pickup trucks and LX 600 SUVs…
Business

Paramount Global’s top execs detail restructuring plan; shares fall

Jun 4, 2024 0
Paramount Global is undergoing a major shakeup. Facing declining revenue from traditional television and a…
Business

Flour Mills revenue hits N2.3tn

Jun 4, 2024 0
Flour Mills of Nigeria (FMN), a leading food and agro-allied company in Nigeria, announced impressive financial…
Business

UK dedicated to maximising trading scheme uptake – Envoy

Jun 4, 2024 0
The British government is eager to leverage a trade scheme designed to benefit developing countries like Nigeria.…
Local

Tax reforms committee proposes daily sharing of FAAC funds

Jun 4, 2024 0
The federal government has approved a new policy exempting small businesses from withholding tax. This means…
Business

Shutting Down Of National Grid Is Treasonable Felony – Group

Jun 4, 2024 0
The Centre for Social and Economic Rights (CSER), a Nigerian civil society organization, has strongly condemned…
Banking

CBN Lifts Ban on New Customer Signups for OPay, Kuda and Others

Jun 4, 2024 0
In a move welcomed by Nigerian fintech users, the Central Bank of Nigeria (CBN) has lifted its ban on onboarding…
Business

FMBN Inaugurates Task Force To Recover Delinquent Loans

Jun 4, 2024 0
In a move to improve its financial health, the Federal Mortgage Bank of Nigeria (FMBN) has launched a major loan…
Business

Strengthening National Capacities For Debt Management Crucial – Cardoso

Jun 4, 2024 0
Building strong debt management skills is crucial for West African nations, according to Nigeria's Central Bank…
Business

Heritage Bank Loses License, Depositors to be Paid by Insurance Corporation

Jun 4, 2024 0
The Central Bank of Nigeria (CBN) has revoked the operating license of Heritage Bank due to ongoing financial…
Business

Tax Reform Committee Proposes Lower Fees for Tax Collectors, Daily Revenue Sharing…

Jun 4, 2024 0
Nigeria's Presidential Fiscal Policy and Tax Reforms Committee is proposing significant changes to tax collection.…
Trade

Trading continues on NGX amid strike, investors lose N103bn

Jun 4, 2024 0
The Nigerian Stock Exchange (NGX) opened the week on a down note, with investors losing N103 billion. Sell-offs in…
Local

Strike: FG offers ‘above’ N60,000 minimum wage as NLC/TUC revert to organs

Jun 4, 2024 0
Nigerian labor unions have called off their nationwide strike after a productive meeting with the federal…
Business

Petrol: Landing cost rises 46.8 per cent to N1,026.71 — Investigation

Jun 4, 2024 0
Despite claims of subsidy removal, the landing cost of petrol in Nigeria has risen sharply over the past year. In…
Currency

Naira closes at N1,476.12 as dollar supply drops

Jun 4, 2024 0
The Nigerian Naira appreciated against the US dollar at the official foreign exchange market on Monday, even…
Business

After trial, investors weigh Trump 2.0 factor as election looms

Jun 3, 2024 0
Last week, Donald Trump became the first former president to be convicted of a felony, but Wall Street remains…
Local

Stock investors gain N619bn in May despite rates hike

Jun 3, 2024 0
The Nigerian equities market showed resilience in May, posting a marginal gain of N619 billion despite the Central…
Business

Apprehension as FG borrows N20.1trn under Tinubu

Jun 3, 2024 0
In the first year of President Bola Tinubu’s administration, the Federal Government of Nigeria borrowed N20.1…
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World

UN Warns Trump Against Iran Strikes as Deadline Nears:…

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