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Ekemini Uba 4868 posts 0 comments

Local

CBN Predicts Growth in Shariah-Compliant Banks

Jun 3, 2024 0
The Central Bank of Nigeria (CBN) announced that more shariah-compliant banks are expected to emerge due to the…
Local

Cryptocurrency Suffers $42.6 Million Loss to Hacks in May

Jun 3, 2024 0
In May, the cryptocurrency industry faced significant losses totaling $42.6 million due to various hacking…
Business

Nigeria to monitor mining sites via satellite, curb illegal activities

Jun 3, 2024 0
Dr. Dele Alake, Minister of Solid Minerals Development, announced that the Nigerian government will implement…
World

Iran-Africa Trade Reaches $1.2 Billion, with Iran Targeting Nigerian Market

Jun 3, 2024 0
The Government of the Islamic Republic of Iran announced that its trade with African countries has reached $1.2…
investment

FG eyes $7bn FDI from oil sector – Wale Edun

Jun 3, 2024 0
Wale Edun, Nigeria's Minister of Finance and Coordinating Minister of the Economy, announced the securing of $7…
Business

Aviation Workers’ Strike Causes Flight Delays and Cancellations

Jun 3, 2024 0
On Monday, flights from Lagos airport terminals and other airports nationwide experienced significant delays and…
Business

CBN Revokes Licence Of Heritage Bank

Jun 3, 2024 0
The Central Bank of Nigeria (CBN) has revoked the license of Heritage Bank Plc with immediate effect, citing a…
Local

Nigeria eyes fresh 480,000bpd as NNPC, ExxonMobil sign new deal

May 31, 2024 0
Good news for Nigeria's oil production! The Nigerian National Petroleum Company (NNPCL) and ExxonMobil have…
Business

UPDC Declares 177% Income Growth

May 31, 2024 0
UPDC, a leading Nigerian real estate company owned by UAC, is experiencing a major turnaround. The company…
Local

Stakeholders Applaud Smooth Start Of Hajj Flights

May 31, 2024 0
This year's airlift of Nigerian pilgrims to Saudi Arabia for Hajj is off to a great start! Pilgrims and…
Business

Lagos Innovation Bill Proposes Tax Holiday, Waiver For Start-Ups

May 31, 2024 0
Lagos is set to become a hub for innovation, according to a new policy proposal. The Lagos Innovation Bill aims to…
Finance

Presidential tax committee recommends N800/$ Customs duty rate

May 31, 2024 0
Nigerian businesses are likely to welcome a new proposal that could make planning and budgeting easier. The…
Business

FG secures World Bank’s $500 million loan for electricity sector

May 31, 2024 0
Nigeria's power sector is set for a shot in the arm with a $500 million loan from the World Bank. This funding…
Business

Credit to government rises 2% to N19.98trn

May 31, 2024 0
Nigeria's government borrowing increased slightly in April, to N19.98 trillion, despite analysts' predictions of a…
Business

Customs pushes for a single document, PCS for cargo clearance

May 31, 2024 0
Nigerian Customs Aims to Simplify Trade with Single Clearance Document Nigerian Customs is working towards a…
Currency

Naira falls further as dollar sales drop by 30.05%

May 31, 2024 0
The Nigerian Naira continued its decline against the US Dollar on Thursday, losing over 10% of its value at the…
Business

Nigerian drugmakers see 58% revenue rise as prices soar

May 31, 2024 0
Nigerian pharmaceutical companies are experiencing a surge in revenue, with a combined increase of 58% in the…
Business

Chinese companies rush to hike dividends, buy back shares in Japan-style reform

May 30, 2024 0
Chinese companies are responding to government calls to improve investor returns by offering record dividends and…
Stock

Saudi Arabia Considers Selling More Aramco Shares

May 30, 2024 0
Saudi Arabia is preparing to announce a potential secondary share offering for Aramco, its state-owned oil giant.…
Commodities

Oil prices steady as solid U.S. crude demand offsets rate concerns

May 30, 2024 0
Oil prices remained relatively unchanged today as conflicting factors influenced the market. Upward pressure came…
Energy

Germany to Scrap Gas Storage Fee for Neighboring Countries

May 30, 2024 0
Germany is removing a fee it charged neighboring countries for accessing its natural gas reserves. This levy,…
Energy

EU agrees to quit energy investment treaty over climate concerns

May 30, 2024 0
The European Union (EU) has unanimously decided to withdraw from the Energy Charter Treaty (ECT), a move driven by…
Trade

Asia’s Oil Imports Surge in May, Driven by India

May 30, 2024 0
Asia's crude oil imports reached a 12-month high in May, fueled by a massive increase in demand from India. The…
Business

U.S. Announces $176 Million in Additional Aid for West Africa

May 30, 2024 0
The United States Agency for International Development (USAID) announced nearly $176 million in additional…
Business

Elon Musk reclaims title of world’s richest person with $209bn net worth

May 30, 2024 0
Elon Musk reclaimed the title of the world's richest person thanks to his new AI startup, xAI. The company's $6…
Business

Shell, others pay NDDC $142m in one year

May 30, 2024 0
Shell Petroleum Development of Nigeria (SPDC) and Shell Nigeria Exploration and Production Company (SNEPCo)…
Business

Airspace management agency seeks reversal of 50% revenue deduction

May 30, 2024 0
The Nigerian Airspace Management Agency (NAMA) is facing financial difficulties due to a 50% reduction in their…
Business

Dash for debt sees 64% surge in naira loan apps

May 30, 2024 0
The number of digital lenders in Nigeria has skyrocketed by 64% in the past year. This surge reflects Nigerians'…
Business

Aigboje Aig-Imoukhuede Wins African Banker Lifetime Achievement Award

May 30, 2024 0
Nigerian banking leader Aigboje Aig-Imoukhuede has been awarded the prestigious African Banker Lifetime…
Business

Court gives GTB nod to seize Afex over N17.8b Anchor Borrowers’ Loan

May 30, 2024 0
Guaranty Trust Bank (GTBank) has secured a court order to freeze the assets of Afex Commodities Exchange Limited…
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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 3,119

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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