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  • Page 129

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Ekemini Uba 4868 posts 0 comments

Banking

Banks cut loans to govt by 73% in March

May 13, 2024 0
Commercial lenders significantly reduced loans to the three tiers of government by 73.18% to N19.59 trillion in…
Market

Capital Market Declines by 1.36%

May 13, 2024 0
The Nigerian capital market experienced a 1.36% decline last week, attributed to losses by key equities including…
Finance

National, state assemblies to spend N724bn in 2024

May 13, 2024 0
An analysis of the 2024 budgets of the National Assembly, state assemblies, and their agencies reveals a total…
Business

Labour Begins Nationwide Protests Against Electricity Tariff Hike

May 13, 2024 0
Organised labour is set to commence nationwide protests today over the recent electricity tariff hike and removal…
Local

Cybersecurity levy mistimed, should be targeted at the rich, not the poor – NESG

May 10, 2024 0
The National Economic Summit Group (NESG) has raised concerns about the timing of the cybersecurity levy directive…
World

IMF asks CBN to stop waivers for banks

May 10, 2024 0
The International Monetary Fund (IMF) has advised the Nigerian government against proposed amendments to the Act…
Local

NPA Introduces E-tags for Improved Cargo Delivery

May 10, 2024 0
The Nigerian Ports Authority (NPA), in partnership with Truck Transit Parks Limited (TTP), has initiated the…
Banking

IMF cautions FG against CBN Act amendment  

May 10, 2024 0
The International Monetary Fund (IMF) has advised against proposed amendments to the Act establishing the Central…
Local

Reps ask Shettima, NDPHC to revive Gbarain power plant in Bayelsa

May 10, 2024 0
The House of Representatives has called on Vice President Kashim Shettima, who chairs the Board of the Niger Delta…
Business

Nigeria spends $1.12 billion on servicing foreign debts in Q1 2024

May 10, 2024 0
Data from the Central Bank of Nigeria (CBN) reveals that Nigeria spent approximately 70% of its dollar payments in…
Business

SEC imposes N10m penalty for unauthorised security issuance

May 10, 2024 0
The Securities and Exchange Commission (SEC) has proposed new rules governing the issuance and allotment of…
Business

GTCO shareholders approve $750m capital raising plan

May 10, 2024 0
At Guaranty Trust Holding Company (GTCO) Plc's third Annual General Meeting, shareholders approved the…
Business

Tinubu Orders Completion of Inland Dry Ports Nationwide

May 10, 2024 0
President Bola Tinubu, represented by Sen. George Akume, has directed the swift completion of all unfinished…
Africa

Uganda Named Top Investment Destination in Africa, Wins Award at Abu Dhabi…

May 10, 2024 0
At the Annual Investment Meeting (AIM) in Abu Dhabi, Uganda was awarded the top investment destination in Africa,…
Business

Nigeria Considers Reinstating Telecom Tax to Secure $750 Million World Bank Loan

May 10, 2024 0
Nigeria is contemplating reinstating a previously suspended telecom tax and other fiscal measures to secure a new…
World

Canada fines Binance $4.38 mln for money laundering violations

May 10, 2024 0
Canada's anti-money laundering agency, FINTRAC, has imposed a fine of almost C$6 million on cryptocurrency…
investment

NCC Partners with Nokia to Train Nigerian Youths on 4G/5G Technologies

May 10, 2024 0
The Nigerian Communications Commission (NCC) has entered into a Memorandum of Understanding with Nokia Solutions…
Local

SEC Unveils Stricter Rules on Private Companies’ Securities Issuance and…

May 10, 2024 0
The Securities and Exchange Commission (SEC) has introduced new regulations governing the issuance and allotment…
Local

Olufowose replaces Hassan-Odukale as First Bank chairman

May 10, 2024 0
FBN Holdings has confirmed the departure of Mr. Tunde Hassan-Odukale as Chairman of First Bank of Nigeria Limited…
Local

TikTok Adopts Technology to Label AI-Generated Content

May 9, 2024 0
TikTok announced plans to implement "Content Credentials," a technology developed by Adobe, to label images and…
Local

Airbnb Shares Drop Over 8% Pre-market on Weak Q2 Forecasts

May 9, 2024 0
Airbnb shares (ABNB.O) plummeted more than 8% in pre-market trading on Thursday following disappointing…
Local

U.S. Overtakes China as Germany’s Top Trading Partner in Q1 2024

May 9, 2024 0
According to Reuters' calculations based on official data from the German statistics office, the United States has…
Local

Australian Tax Office Targets Crypto Traders for Tax Compliance

May 9, 2024 0
The Australian Tax Office (ATO) is making moves to ensure people trading cryptocurrencies pay their taxes. They've…
Local

Nigerian biotech startup becomes first African lab to offer liquid biopsy to…

May 9, 2024 0
A Nigerian biotech startup called Syndicate Bio has teamed up with SophiaGenetics, a company specializing in…
Local

West African CEOs Express Concerns Over Local Economic Decline

May 9, 2024 0
The PwC Annual Global CEO survey for West Africa reveals that over half of CEOs in the region expect their local…
Local

Tinubu assures US of enhanced power supply through Nigeria’s abundant gas…

May 9, 2024 0
President Bola Tinubu, represented by Minister Yusuf Maitama Tuggar, has pledged improved power supply in Nigeria,…
Local

African Diaspora Union Seeks Citizenship Rights, Visas on Arrival Support from…

May 9, 2024 0
The Africans in Diaspora Development Union (AFRIDU) has approached Nigeria's Ministry of Interior seeking…
Local

Disney and Warner Bros. Discovery to Launch Streaming Bundle with Disney+, Hulu,…

May 9, 2024 0
Disney and Warner Bros. Discovery have announced plans to introduce a streaming bundle featuring Disney+, Hulu,…
Local

ACMAN deems 0.5% cybersecurity levy ill-timed amid financial inclusion efforts

May 9, 2024 0
The Association of Capital Market Academics of Nigeria (ACMAN) has voiced apprehension regarding the timing of the…
Local

CBN extends suspension of processing fees on large cash deposits to September 2024

May 9, 2024 0
The Central Bank of Nigeria (CBN) has prolonged the suspension of processing fees on significant cash deposits…
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World

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