Stock Stock market sees investor losses on bearish trading Apr 5, 2024 0 Stock investors faced losses totaling N252 billion as the Nigerian Exchange sustained a bearish trend on Thursday,!-->…
investment Ekiti varsity unveils N1bn agro-tech fund Apr 5, 2024 0 Dr. Tunji Olowolafe, the Chancellor of Ekiti State University, has announced the establishment of a N1 billion!-->…
Stock FG to issue foreign currency denominated bonds in June Apr 5, 2024 0 The Federal Government has announced intentions to launch domestic bonds denominated in foreign currency in the!-->…
Banking Stanbic IBTC bank upgrades mobile app Apr 5, 2024 0 Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, introduced an upgraded version of its mobile app!-->…
Business Less than 30% of taxable citizens pay tax in Nigeria Apr 5, 2024 0 The Christian Aid UK Nigerian Programme has disclosed that less than 30% of taxable citizens in Nigeria contribute!-->…
Local ThinkBusiness Africa faults proposed sugar tax hike Apr 5, 2024 0 ThinkBusiness Africa, an economic analysis and policy advocacy group, has raised concerns regarding the assertions!-->…
World US employment boom leaves factory workers behind Apr 4, 2024 0 The Ariens Company, famous for its bright orange snow blowers and lawnmowers, had a tough time last summer when!-->…
Market US has not asked India to cut Russian oil purchases, American official says Apr 4, 2024 0 The United States hasn't told India to stop buying oil from Russia. Instead, they want to make sure the global oil!-->…
Business Global markets watchdog proposes closer scrutiny of stock exchanges Apr 4, 2024 0 The International Organization of Securities Commissions (IOSCO) suggested new guidelines on Thursday to help!-->…
World Japanese companies agreed on biggest wage hike in 33 years, union group says Apr 4, 2024 0 A group of Japanese companies have agreed to increase wages by 5.24% this year, according to Rengo, the country's!-->…
Local Customs Q1 revenue surpasses N1tn Apr 4, 2024 0 The Nigeria Customs Service (NCS) has announced a significant increase in its revenue for the first quarter of!-->…
Business African airlines lead global air cargo demand growth in Feb. 2024 Apr 4, 2024 0 A new report by the International Air Transport Association (IATA) has revealed that African airlines experienced!-->…
Business SME agency tightens credit facility process for small businesses Apr 4, 2024 0 The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has implemented a new selection process!-->…
Business Nigeria’s business activity remains steady in March: Stanbic Apr 4, 2024 0 According to the latest Purchasing Managers' Index (PMI) published by Stanbic IBTC, business activities in Nigeria!-->…
Business Transcorp plc reports 93% profit growth in 2023 Apr 4, 2024 0 Transnational Corporation Plc (Transcorp) witnessed a substantial increase in its profit before tax, soaring by!-->…
Energy Power outages hit Abuja, Lagos, and Nasarawa communities Apr 4, 2024 0 Several communities in Abuja, Lagos, and Nasarawa are currently experiencing power outages as a result of!-->…
Local FX volatility forces 28 changes in Customs duty rate Apr 4, 2024 0 The Nigeria Customs Service (NCS) is grappling with significant challenges due to instability in customs duty!-->…
Business Dangote refinery to reduce dependency on imported petrol by May Apr 4, 2024 0 There are signs that Nigeria's reliance on imported petrol will decrease significantly as the $20 billion Dangote!-->…
Energy NERC announces tariff hike impacting over 1.9 million consumers Apr 4, 2024 0 The Nigerian Electricity Regulatory Commission (NERC) has revealed that a total of 1,974,385 electricity consumers!-->…
Business Dangote sugar refinery launches N50bn commercial paper offer Apr 4, 2024 0 Dangote Sugar Refinery PLC (DSR) has introduced Series 2 and 3 Commercial Paper offers totaling up to N50 billion!-->…
Stock Stock market starts week with bearish trend, investors lose N24.83 Apr 4, 2024 0 The Nigerian Exchange (NGX) All-Share Index began the week's trading on a downward note, shedding 4 basis points!-->…
Business Gabon launches national dialogue for democratic revitalization Apr 3, 2024 0 Gabon has embarked on a historic national dialogue led by President Felix Tshisekedi, marking a significant!-->…
Market Markets brace for federal reserve speech over rate cuts Apr 3, 2024 0 As markets navigate a shaky start to the second quarter, all eyes are on Federal Reserve Chair Jerome Powell's!-->…
Business Virgin Atlantic expects profitability in 2024 Demand Apr 3, 2024 0 Virgin Atlantic anticipates returning to profitability in 2024 following robust revenue growth driven by increased!-->…
Technology China revises car loan policies to boost auto trade-Ins and sales Apr 3, 2024 0 China's central bank has announced revisions to car loan policies aimed at promoting auto trade-ins and scrapping!-->…
World Greece approves purchase of 35 Blackhawk helicopters from Lockheed Martins Apr 3, 2024 0 Greece has greenlit the acquisition of 35 UH-60M Blackhawk helicopters from U.S. defense contractor Lockheed!-->…
Local CBN increases customs exchange rate by 2.1% Apr 3, 2024 0 The Central Bank of Nigeria (CBN) has raised the exchange rate used to calculate Customs duties at the nation's!-->…
Business MTN Nigeria seeks shareholders’ input In capital loss management Apr 3, 2024 0 MTN Nigeria has announced plans to hold an extraordinary general meeting (EGM) with its shareholders later this!-->…
Business FX market roars back to life with $1bn single-day trade Apr 3, 2024 0 On Tuesday, Nigeria's foreign exchange market experienced its highest turnover in a single day since 2017,!-->…
Business Cadbury Nigeria Plc faces N19.09bn loss Apr 3, 2024 0 Cadbury Nigeria Plc, a consumer goods firm, has reported a loss of N19.09 billion after tax for the financial year!-->…