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Ekemini Uba 4493 posts 0 comments

Africa

IMF: South Africa needs decisive efforts to cut spending

Apr 17, 2024 0
A senior official from the International Monetary Fund (IMF) has highlighted the urgent need for South Africa to…
Technology

Social media platform X blocked in Pakistan- Minister

Apr 17, 2024 0
Pakistan's interior ministry recently revealed that it blocked access to a social media platform, referred to as…
Business

Tesla again seeks shareholder approval for Musk’s 2018 pay voided by judge

Apr 17, 2024 0
Tesla (TSLA.O) has requested its shareholders to once again approve CEO Elon Musk's record-breaking $56 billion…
Business

Global financial firms lag in monitoring personal messaging apps, survey Shows

Apr 17, 2024 0
A survey released on Wednesday revealed that global financial companies are falling behind in monitoring and…
Business

United Airlines jumps after results beat ‘dramatically low’…

Apr 17, 2024 0
United Airlines (UAL.O) saw a premarket surge of about 5.3% on Wednesday following an optimistic profit forecast…
Business

Air Peace now connects passenger from Abuja, Asaba, Enugu others to London

Apr 17, 2024 0
Air Peace has expanded its Lagos-London route to include passengers from Abuja, Asaba, Benin, Enugu, Owerri,…
Business

CAP records 2.5bn profit- Report

Apr 17, 2024 0
Chemical and Allied Products (CAP) Plc, a Nigerian paint and coating company, has announced its highest profit in…
Banking

Banks witness 260.9% increase in impaired loans

Apr 17, 2024 0
According to data analyzed by BusinessDay, seven listed Nigerian banks, including Zenith Bank Plc, United Bank for…
Business

Bread prices rise as currency woes and war squeeze bakeries

Apr 17, 2024 0
The Premium Beadmakers Association of Nigeria (PBAN) has identified the volatile exchange rate and Nigeria's…
Currency

We now buy dollars at N980, sell at N1020 – BDCs president

Apr 17, 2024 0
Aminu Gwadabe, the president of the Association of Bureaux De Change Operators of Nigeria, revealed that BDC…
Business

IMF raises Nigeria’s economic growth forecast to 3.3% for 2024

Apr 17, 2024 0
The International Monetary Fund (IMF) has revised Nigeria's economic growth forecast for 2024 upward from three…
Business

FG may revoke unused oil well licences amid $30bn loss

Apr 17, 2024 0
Concerned about the country's declining oil revenue, the Federal Government has announced intentions to take over…
Business

Minister suspends mining activities at OAU and environs

Apr 17, 2024 0
Dr. Dele Alake, the Minister of Solid Minerals Development, has ordered an indefinite suspension of mining…
Business

NCCA suspends private jets’ commercial operations

Apr 17, 2024 0
The Nigerian Civil Aviation Authority (NCAA) has suspended the permits for non-commercial flight licenses of three…
Energy

FG Clarifies Recent Electricity Tariff Hike

Apr 16, 2024 0
The Nigerian government has explained that the recent increase in electricity tariffs mainly affects a small,…
Business

$461m investment gap slows Nigeria’s internet coverage

Apr 16, 2024 0
As of January, Nigeria's broadband penetration dropped to 42.53%, with 92.19 million subscriptions in a country of…
Banking

UBA expresses confidence in meeting new N500bn capital base

Apr 16, 2024 0
United Bank for Africa Plc (UBA) has affirmed its confidence in meeting the new capital base set by the Central…
Local

Royal Exchange Rights Issue Falls Short at 75.83% Subscription

Apr 16, 2024 0
Royal Exchange Plc, a company offering life assurance, health insurance, and credit financing services, saw its…
Local

Manufacturers may head for court over unsettled forex backlog – MAN DG

Apr 16, 2024 0
In this interview, the Director-General of the Manufacturers Association of Nigeria, Segun Ajayi-Kadir, discusses…
Local

Transcorp Power Targets 740MW Electricity From Ughelli Power Plant

Apr 16, 2024 0
Transcorp Power has revealed its ambition to boost electricity generation at its Ughelli power plant, targeting a…
Local

Local Refinery To Buy Crude In Naira — FG

Apr 16, 2024 0
iThe Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has introduced a new template to facilitate…
Local

SEC, Capital Market Community Hold Q1 Meeting

Apr 16, 2024 0
The Securities and Exchange Commission (SEC) has revealed plans for the Capital Market Committee (CMC) meeting,…
Banking

UBA outlines growth strategies for 2024

Apr 16, 2024 0
United Bank for Africa (UBA) Plc has unveiled its strategies to bolster growth prospects for the 2024 financial…
Local

Food inflation hits 40% in Nigeria as prices continue to soar

Apr 16, 2024 0
The National Bureau of Statistics (NBS) has reported a staggering increase in food inflation to 40% in March,…
Business

N720bn lost to lower crude production in two months- Report

Apr 15, 2024 0
Nigeria experienced a significant loss of approximately N720 billion in revenue due to consecutive monthly…
Energy

FG begs electricity union to avoid strike

Apr 15, 2024 0
The Federal Government has urged members of the National Union of Electricity Employees (NUEE) not to go on strike…
Banking

Nigeria’s Tier-1 banks plan $3.03 billion in fresh capital

Apr 15, 2024 0
Four of Nigeria's tier-1 banks, including FBN Holdings, Access Holdings, Guaranty Trust Holding Company Plc, and…
World

Attacks on Russian refineries may disrupt global oil markets

Apr 15, 2024 0
The International Energy Agency (IEA) has voiced support for the United States' stance, indicating that Ukrainian…
Business

Zenith bank takes steps to meet CBN’s N500bn capital requirement

Apr 12, 2024 0
Zenith Bank Plc has announced its proactive measures to comply with the Central Bank of Nigeria's (CBN) new…
Local

Air Peace faces tough competition on London Route as currency rebounds

Apr 12, 2024 0
Air Peace recently launched flights on the Nigeria-London route, sparking intense competition with established…
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NIGERIA

Business

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

Apr 2, 2026
Business

Nigeria Eyes Global Markets to Boost Trade Amid Structural Challenges

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

Apr 2, 2026
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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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