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  • Page 125

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Ekemini Uba 4493 posts 0 comments

Local

Air Peace denies abandoning passengers at Gatwick Airport

Apr 10, 2024 0
Nigeria's flag carrier, Air Peace, has refuted claims that it abandoned passengers at Gatwick Airport, London, and…
Banking

FBN Holdings plans N300bn fresh capital raise

Apr 9, 2024 0
FBN Holdings, a financial holding company, has announced its intention to seek shareholders’ approval to raise an…
Local

Nigeria to secure $1.05 billion loan backed by oil

Apr 9, 2024 0
Nigeria is set to receive a $1.05 billion syndicated loan backed by oil from the African Import Export Bank next…
Local

UAE Airlines may resume flights to Nigeria before June- Aviation Minister

Apr 9, 2024 0
Mr. Festus Keyamo, the Minister of Aviation and Aerospace Development, has announced that United Arab Emirates…
Local

NNPC faces $3 billion debt to fuel traders

Apr 9, 2024 0
The Nigeria National Petroleum Company Limited (NNPCL) reportedly owes approximately $3 billion to fuel traders…
Local

Airport customs records N45.23 billion revenue in Q1

Apr 9, 2024 0
The Murtala Muhammed Airport Command (MMA) of the Nigeria Customs Service (NCS) announced that it generated N45.23…
Banking

Zenith Bank reports 202.3% increase in profit

Apr 9, 2024 0
Zenith Bank Plc released its 2023FY results, demonstrating continued strong performance throughout the year. …
Energy

Tariff Hike: NSE seeks stiff sanctions for defaulting DISCOs

Apr 9, 2024 0
The Nigerian Society of Engineers (NSE) has urged for strict penalties on electricity distribution companies…
Local

Cooking gas prices surge by 38%

Apr 9, 2024 0
The price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has soared to N14,150 for a 12.5kg…
Business

Nigeria set to receive $1.05 billion syndicated loan backed by oil

Apr 9, 2024 0
The federal government has finalized arrangements to receive a $1.05 billion syndicated loan backed by oil by the…
Local

Nigeria’s inflation rate to remain high in 2024 — World Bank

Apr 9, 2024 0
The World Bank has projected a lower inflation rate compared to February 2024, which stood at 31.7 percent. In its…
Trade

Forex losses hit currency dealers as CBN slashes BDC rate to N1,117.5/$

Apr 9, 2024 0
Currency dealers expressed concern over mounting losses and decreasing demand for the dollar as the naira…
Local

Stock market investors record N623 bn loss

Apr 8, 2024 0
Last week, stock market investors in Nigeria experienced losses amounting to N623 billion as fund managers…
Energy

Testing begins on 700 megawatts zungeru hydroelectric power plant

Apr 8, 2024 0
The Federal Government has announced the commencement of testing on the 700 megawatts Zungeru Hydroelectric Power…
Local

Petrol: Oil marketers propose N550/litre price to Dangote

Apr 8, 2024 0
As the Nigerian National Petroleum Company, NNPC Limited, works to alleviate petrol scarcity in Lagos and its…
Local

$200 million Landmark Beach Resort to be demolished for costal highway project

Apr 8, 2024 0
The Lagos State Government has issued a notice to demolish the $200 million Landmark Beach Resort, citing…
Local

Equity market faces third consecutive weekly loss

Apr 8, 2024 0
The Nigerian equities market faced its third consecutive weekly loss as investors grappled with the potential…
Banking

FCMB supports ReelFruit on sustainable manufacturing

Apr 8, 2024 0
First City Monument Bank (FCMB) has reiterated its dedication to sustainable manufacturing practices aimed at…
Business

High costs push manufacturing exports down 62% in 4yrs

Apr 8, 2024 0
The manufacturing sector's contribution to Nigeria's non-oil exports has experienced a significant decline of 62%…
Agriculture

Cashew farmers see low output on harsh harmattan

Apr 8, 2024 0
Cashew farmers in Nigeria anticipate a slight decrease in output for the 2024 season due to the severe harmattan…
Business

CBN’s policy reforms propel naira to high, but challenges remain

Apr 8, 2024 0
The Central Bank of Nigeria (CBN) has successfully implemented most of its long-awaited monetary policy reforms,…
Business

U.S. treasury secretary urges China to address global economic concerns

Apr 5, 2024 0
U.S. Treasury Secretary Janet Yellen recently highlighted growing worries about China's excessive manufacturing…
World

A near-miss cyberattack put US officials and the tech industry on edge

Apr 5, 2024 0
Last month, German software developer Andres Freund, employed by Microsoft, made a startling discovery during…
investment

Johnson & Johnson to acquire Shockwave medical for $12.5 Billion

Apr 5, 2024 0
In a significant move to expand its portfolio of medical devices for heart disease treatment, Johnson &…
Local

Indonesia reconsiders export regulations after business group raise concerns

Apr 5, 2024 0
Indonesia is reviewing regulations aimed at limiting imports of over 3,000 products, according to a senior trade…
Business

Foxconn forecasts revenue growth in Q2 after dip in Q1

Apr 5, 2024 0
Foxconn, the world's largest contract electronics manufacturer and key assembler of Apple's iPhone, anticipates a…
World

Canada to raise fees for permanent residency applications

Apr 5, 2024 0
Starting April 30, 2024, Canada's immigration department, IRCC, will increase fees for permanent residency…
Local

United Capital Plc records 70.9 percent revenue increase

Apr 5, 2024 0
United Capital Plc, a prominent financial and investment services company in Nigeria, has experienced a remarkable…
Business

Petrol queues returns as NNPC struggles to meet demand

Apr 5, 2024 0
Motorists in certain parts of Lagos encountered renewed queues at petrol stations on Thursday, attributed to…
Commodities

Nigeria’s raw material imports surge by 25%

Apr 5, 2024 0
In 2023, imports of raw materials into Nigeria witnessed a substantial increase of 25%, totaling N3 trillion, as…
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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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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

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