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Ekemini Uba 4868 posts 0 comments

Business

US equity funds see massive weekly inflows on rate cut expectations

May 24, 2024 0
US equity funds saw a significant inflow of capital in the week ending May 22nd. This surge, totaling $9.9…
Business

US Stocks Mixed: Tech Buoyed by Nvidia, But Inflation Worries Drag on Gains

May 24, 2024 0
US stocks opened higher on Friday, but the rally looks unlikely to sustain as the week draws to a close. The Dow…
Business

Exiled Chinese Businessman Miles Guo Faces Fraud Trial in New York

May 24, 2024 0
Miles Guo, a Chinese businessman living in exile, is set to go on trial in Manhattan for allegedly defrauding…
Business

Fed Governor Hints at Higher Borrowing Costs

May 24, 2024 0
Federal Reserve Governor Christopher Waller has sparked discussions about a possible change in the interest rate…
Local

Brazil’s Petrobras approves Chambriard as new CEO

May 24, 2024 0
Brazil's state-owned oil giant Petrobras has a new leader: Magda Chambriard. Her appointment follows the…
Business

CBN’s 26.25% interest rate will compound high cost of doing business in Nigeria –…

May 24, 2024 0
The Manufacturers Association of Nigeria (MAN) is expressing strong concerns over the Central Bank of Nigeria's…
Business

Landmark Beach Demands N42 Billion Compensation After Demolition

May 24, 2024 0
The management of Landmark Beach is seeking N42 billion in compensation from the Nigerian Federal Government…
investment

Government Invests N110 Billion in Young Entrepreneurs

May 24, 2024 0
The Nigerian government has announced a significant investment in young entrepreneurs. The Federal Executive…
Fintech

Nvidia Co-Founder Surpasses Walmart Waltons in Wealth

May 24, 2024 0
Jensen Huang, co-founder of Nvidia, has become a symbol of the booming tech industry's growing influence. Thanks…
Finance

AfDB Pours $1.44 Billion into Nigeria’s Infrastructure Development

May 24, 2024 0
The African Development Bank (AfDB) is stepping up its support for Nigeria's infrastructure needs with a…
Local

Social economic problems may push 51.6% males to migrate — NBS survey

May 24, 2024 0
A new report by the National Bureau of Statistics (NBS) paints a concerning picture of potential migration…
Commodities

Prices of basic food items rise 140% — NBS 

May 24, 2024 0
Nigerians are facing a significant rise in food prices, according to the latest report by the National Bureau…
investment

Dangote Calls for More Investment in Africa’s Industries, Not Just Resources

May 24, 2024 0
Aliko Dangote, president of Dangote Industries Limited, is urging increased investment in African industries.…
Commodities

Kerosene Prices Jump to N1,439.64/ltr: North Central Hit Hardest

May 24, 2024 0
The cost of kerosene, a vital fuel for many Nigerian households, has risen significantly. According to the…
Business

Manufacturer’s Confidence on the Rise in Nigeria

May 24, 2024 0
Nigeria's manufacturing sector is showing signs of optimism for the first time in nearly two years. A survey by…
Investing

Ajaokuta steel revival attracts $10 billion investment, says Minister Audu

May 24, 2024 0
There's good news for Nigeria's steel industry! The government has reportedly secured potential investments…
Market

Google Eyes HubSpot Acquisition to Challenge Microsoft in Cloud Software

May 23, 2024 0
Google's parent company, Alphabet, is reportedly considering acquiring HubSpot, a marketing software company…
Business

Boeing faces ‘long road’ on safety issues, US FAA says

May 23, 2024 0
The head of the Federal Aviation Administration (FAA) has cast doubt on Boeing's ability to quickly resolve safety…
Business

BHP Determined to Seal Anglo American Deal Despite Concerns

May 23, 2024 0
BHP, the world's largest mining company, remains committed to its proposed takeover of Anglo American. Despite…
Business

Tier-1 Nigerian banks earn N392 billion from electronic business

May 23, 2024 0
Nigeria's top tier-1 banks are reaping significant rewards from the growing popularity of electronic transactions.…
Market

International Breweries Gets SEC Nod for N588 Billion Rights Issue to Ease Debt…

May 23, 2024 0
International Breweries has secured approval from the Nigerian Securities Exchange Commission (SEC) to proceed…
Business

 Nigerian businesses need single-digit interest rate to grow economy – CPPE 

May 23, 2024 0
Nigeria's central bank (CBN) has raised interest rates for the third time in 2024, in a bid to control high…
Business

Techstars CEO Maëlle Gavet Steps Down Due to Health Reasons

May 23, 2024 0
Techstars CEO Maëlle Gavet announced her resignation from the company, effective at the end of May, citing health…
Business

BoI Disburses N496bn To MSMEs, Creates 2m Jobs

May 23, 2024 0
Nigeria's Bank of Industry (BoI) defied economic downturn by disbursing N496 billion to bolster Micro, Small and…
Banking

Jaiz Bank Posts N11bn Profit Before Tax

May 23, 2024 0
Jaiz Bank Plc announced impressive financial results for 2023 and the first quarter of 2024. Their profit before…
Business

Azura Power Launches 20kW Solar System To Commemorate Children’s Day

May 23, 2024 0
Azura Power West Africa is bringing the light of education to the Knosk Charity School in Kuje with a 20 kW solar…
Business

AIMAN Seeks Review Of 50% IGR Deduction From Aviation Agencies

May 23, 2024 0
The Aeronautical Information Management Association of Nigeria (AIMAN) is lobbying for the Nigerian Airspace…
Business

Turkish Airlines sacks 7 Nigerian staff over $600,000 ticket racketeering

May 23, 2024 0
Turkish Airlines fired seven Nigerian staff members for allegedly costing the airline over $600,000 through…
Stock

Nigerian Treasury Bill Rates Unresponsive to CBN Interest Hike

May 23, 2024 0
Despite a recent hike in interest rates by Nigeria's Central Bank, rates on one-year treasury bills remained…
Business

Nigeria’s $1trn transactions to get new AI-based defence

May 23, 2024 0
Nigeria is stepping up its fight against financial fraud as the volume of electronic transactions explodes. With…
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NIGERIA

Business

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Apr 30, 2026
Business

Naira Ends Losing Streak as FX Liquidity Improves, Trades at N1,379/$ Amid Narrowing Market Gap

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Business

Dangote Cement Posts N421.1bn Q1 Profit as Revenue Crosses N1.19 Trillion

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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

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