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  • Page 127

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Ekemini Uba 4868 posts 0 comments

Business

FAAC Disburses N1.2trn Revenue To FG, States, LG For April

May 17, 2024 0
During the May 2024 meeting of the Federation Accounts Allocation Committee (FAAC), Nigeria disbursed a total of…
Business

FIRS falls short of N4.8trn target, generates N3.94trn in Q1

May 17, 2024 0
The Federal Inland Revenue Service (FIRS) did not meet its tax revenue target for the first quarter of 2024,…
Local

Atedo Peterside Criticizes Government’s N90 Billion Hajj Subsidy

May 17, 2024 0
Atedo Peterside, the founder of Stanbic IBTC Bank, has criticized the federal government’s decision to provide a…
Business

Concerns Rise as Dollar Reaches N1,533.99 in Official Market

May 17, 2024 0
Nigerians are increasingly worried as the dollar reached N1,533.99 in the official market, creating uncertainty…
Business

Emirates Returns To Nigeria After 25 Months

May 17, 2024 0
Emirates, the flag carrier of the United Arab Emirates (UAE), will resume daily flight services between Lagos and…
Business

Tax Burden Threatening Participation In AfCFTA – MAN

May 17, 2024 0
The Manufacturers Association of Nigeria (MAN) has raised concerns about the impact of multiple taxation on the…
Local

Customs Board Confirms Appointment Of 5 DCGs, 8 ACGs

May 17, 2024 0
The Nigeria Customs Service Board (NCSB) has announced the appointment of five Deputy Comptrollers-General (DCGs)…
Business

Tinubu Pledges Support For Local Manufacturers

May 17, 2024 0
The federal government is committed to creating a conducive environment for local manufacturers and small-scale…
Market

Weststar Unveils the Luxurious Mercedes-Benz GLS Facelift in Nigeria

May 17, 2024 0
In a move to redefine luxury SUVs, Mercedes-Benz Nigeria, through Weststar Associates Limited, has unveiled the…
Banking

8 banks pay N200bn as income tax in Q1’24

May 17, 2024 0
In the first quarter of 2024 (Q1'24), eight commercial banks in Nigeria collectively paid a total of N200.19…
Business

Deployment of CNG pumps rises 233% — Pi-CNG

May 17, 2024 0
The deployment of dispensing pumps for Compressed Natural Gas (CNG) in Nigeria has experienced a remarkable surge…
Crypto

Crypto Exchanges Delist Naira from Peer-to-Peer Trading Platforms, SEC Confirms

May 17, 2024 0
The Securities and Exchange Commission (SEC) announced yesterday that crypto exchanges have initiated the…
Crypto

Morgan Stanley Joins Major US Banks with $269 Million Investment in Bitcoin ETFs

May 17, 2024 0
Morgan Stanley, one of the top banking firms in the United States, has disclosed its investment of $269 million in…
Business

Gas Supply Gets 25% Boost As Tinubu Unveils 3 Projects

May 16, 2024 0
President Bola Tinubu recently commissioned three significant gas projects aimed at enhancing energy supply and…
Business

Senate Approves Tinubu’s $500m Loan Request To Finance Mass Metering

May 16, 2024 0
The Senate has given its nod to President Bola Tinubu's request for a $500 million loan to fund the federal…
Business

Gbarain Power Plant Set to Begin Operations Soon- NDPHC

May 16, 2024 0
Mr. Chiedu Ugbo, the Managing Director of Niger Delta Power Holding Company (NDPHC), announced that the 252…
Currency

Naira Recovers to N1,459.02/$ After Week-long Depreciation

May 16, 2024 0
The naira made a remarkable recovery on Wednesday, bouncing back to N1,459.02 per dollar after experiencing…
Business

Tax Now Highest Revenue Source to Federation – AGF

May 15, 2024 0
The Federal Government of Nigeria has asked tax collectors to work harder to get more money from taxes. The…
Business

SEC to Work with EFCC on Foreign Exchange Trading Manipulations

May 15, 2024 0
The Securities and Exchange Commission (SEC) has pledged to collaborate with the Economic and Financial Crimes…
Business

Firm Unveils $40,000 Funding For Entrepreneurs In Agric Value Chain

May 15, 2024 0
Heifer Nigeria has introduced a $40,000 funding initiative through the AYuTe Africa Challenge Nigeria 2024. This…
Business

NACCIMA hosts delegations from China, discusses Nigeria-China trade relations

May 15, 2024 0
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) hosted a 22-member…
Business

Nigeria’s Oil Production Rises to 1.28 Million Barrels Per Day in April 2024

May 15, 2024 0
The Organisation of Petroleum Exporting Countries (OPEC) reported that Nigeria's oil production, excluding…
Business

SMEs Urged to Leverage AI for Business Growth at Ecobank MySME Webinar

May 15, 2024 0
Small and Medium Enterprises (SMEs) in Nigeria have been encouraged to adopt Artificial Intelligence (AI)…
Business

World Bank Reports Nigeria’s Growth in Private Sector Investments for 2023

May 15, 2024 0
The World Bank reported that Nigeria secured 133 private sector investment commitments in three projects during…
Currency

Naira Weakens to N1,520 Per Dollar in Parallel Market

May 15, 2024 0
The Naira weakened against the dollar, dropping to N1,520 per dollar in the parallel market, down from N1,470 per…
Business

Argentina’s Inflation Rate Nears 300%, Despite Signs of Deceleration

May 14, 2024 0
Despite positive signs of a deceleration, Argentina continues to face soaring inflation, with the annual inflation…
Business

South Africa’s Unemployment Rate Rises to 32.9% Ahead of Election

May 14, 2024 0
South Africa's unemployment rate climbed to 32.9% in the first quarter of this year, up from 32.1% in the previous…
Africa

Uganda in Talks with Chinese Firm for $180m Power Transmission Line to South Sudan

May 14, 2024 0
Uganda is in discussions with Chinese company Sinohydro Corporation Limited for the development of a $180 million…
Business

Anglo American CEO Accelerates Spin-Off Plans to Hinder BHP Takeover Bid

May 14, 2024 0
The CEO of Anglo American, Duncan Wanblad, revealed on Tuesday that the company's plans for a spin-off of its…
Business

Oil Prices Stable as OPEC Maintains Demand Forecast, Investors Await U.S.…

May 14, 2024 0
Oil prices remained largely unchanged on Tuesday as OPEC retained its global oil demand predictions, while…
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NIGERIA

Business

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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:…

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