Banking GTB confirms hackers attempt to compromise website Aug 16, 2024 0 Guaranty Trust Bank Plc (GTBank) has confirmed an isolated incident involving an attempt to compromise its website!-->…
Market Equity market extends loss to fourth consecutive day Aug 16, 2024 0 The Nigerian equity market continued its downward trend on Thursday, marking the fourth consecutive session of!-->…
investment Multi-billion naira Jauri Inland Dry Port to come on mainstream soon – Zulum Aug 15, 2024 0 Governor Babagana Zulum of Borno State has reaffirmed the government's dedication to advancing the Jauri Inland!-->…
Local Dangote Refinery Denies Setting Petrol Price at N600 per Litre Aug 15, 2024 0 The Dangote Refinery has dismissed claims that it has set the price of Premium Motor Spirit (PMS), commonly known!-->…
investment Chinese firm to invest $50m in tin, others in Nasarawa Aug 15, 2024 0 Nizhong Mining Company, a Chinese firm, has announced plans to invest $50 million in the exploration and!-->…
Business Senate to get bill for CBN’s N30trn Ways & Means liquidation Aug 15, 2024 0 A bill aimed at liquidating the Central Bank of Nigeria’s (CBN) outstanding N30 trillion Ways and Means advances!-->…
Market FG Approves Implementation of Zero Duty, VAT Exemption on Selected Food Items Aug 15, 2024 0 The Nigerian federal government has approved a regulation implementing a Zero percent Duty Rate and Value Added!-->…
Business MTN-MUSON Scholarship Program Opens for Music Talents Aug 15, 2024 0 The MTN Foundation, in collaboration with the Musical Society of Nigeria (MUSON), has announced the opening of!-->…
Energy 63 illegal refineries seized in one week – NNPC Aug 15, 2024 0 The Nigerian National Petroleum Company Limited (NNPC) has discovered and confiscated 63 illegal refineries in the!-->…
Africa United Capital supports first $1.4m corporate bond in S’Leone Aug 15, 2024 0 United Capital Group has successfully led the issuance of Sierra Leone’s first local currency corporate bond,!-->…
Business European banks reluctant to fund fossil fuel – SPE chair Aug 15, 2024 0 Salahudeen Tahir, Chairman of the Society for Petroleum Engineers in Nigeria, revealed at the 47th Nigeria Annual!-->…
Business Coronation Merchant Bank Appoints Abiagam Acting Managing Director/CEO Aug 14, 2024 0 Coronation Merchant Bank, a leading investment bank in Nigeria, has appointed Paul Abiagam as its Acting Managing!-->…
Business 70% Windfall Tax Burdensome, Ill-Timed – Bank Directors Aug 14, 2024 0 The Bank Directors Association of Nigeria has expressed strong concerns about the recent imposition of a 70%!-->…
Market High inflation: 67% of MSMEs seen declining demands — PwC Aug 14, 2024 0 A new PwC Nigeria report reveals that 67% of Micro, Small, and Medium Enterprises (MSMEs) have seen a drop in!-->…
Business Nigeria’s economy growing, recorded $55 billion non-oil export in 2023 – Wale Edun… Aug 14, 2024 0 Finance Minister Wale Edun has assured Nigerians of economic progress under President Bola Tinubu, revealing that!-->…
Business Goldman Sachs’s filing reveals $418 million in spot Bitcoin ETF holdings Aug 14, 2024 0 Goldman Sachs disclosed a $418.65 million stake in U.S. spot Bitcoin exchange-traded funds (ETFs) in its latest!-->…
investment Julius Berger’s share price climbs by 34.02% in two weeks Aug 14, 2024 0 Julius Berger closed trading on August 13, 2024, at N130.00 per share, continuing a notable upward trend. The!-->!-->!-->…
Business AfDB Calls for Increased Private Sector Engagement in Climate Finance Aug 14, 2024 0 At a recent conference in Kampala, Uganda, the African Development Bank emphasized the critical need for greater!-->…
Business At N4.54tn, FGN Bonds, Sukuk Listings Out-pace Corporates on NGX Aug 14, 2024 0 In the first seven months of 2024, Federal Government of Nigeria (FGN) Bonds and Sukuk listed on the Nigerian!-->…
Business Nigeria’s International Payments Up 31%, Letters of Credit Outlay Down 63.3% Aug 14, 2024 0 Nigeria's overseas payments increased by about 31% from January to May 2024, reaching $3.31 billion. This rise is!-->…
Business Olam Agri Commits N6.5bn to Sustainable Social Investment in Nigeria Aug 14, 2024 0 Olam Agri has launched a significant expansion of its Corporate Responsibility and Sustainability (CR&S)!-->…
Business Credit to Private Sector Increased by 38% YoY in June Aug 14, 2024 0 Credit to Nigeria's private sector saw a significant increase of 38% year-on-year in June 2024, reaching N73.12!-->…
Trade PTML Becomes Major Transshipment Hub to Europe, Receives First RoRo Ship from… Aug 14, 2024 0 PTML Nigeria, the largest Ro/Ro multipurpose port terminal in West Africa, has achieved a significant milestone by!-->…
Local Fear fades in US stocks, but history shows quick return to calm unlikely Aug 13, 2024 0 Last week, U.S. stocks experienced significant volatility, but the market is now calming down. The Cboe Volatility!-->…
Local Futures rise as PPI set to kick off data deluge Aug 13, 2024 0 Futures for major U.S. stock indexes increased on Tuesday as investors awaited producer price data, which could!-->…
Business US small business sentiment near 2-1/2-year high Aug 13, 2024 0 U.S. small-business confidence rose to its highest level in nearly 2.5 years in July, indicating that concerns!-->…
Business US shale companies produce more crude using fewer rigs Aug 13, 2024 0 U.S. shale producers are increasing oil output by enhancing drilling efficiency without additional spending, as!-->…
Currency Naira rises to N1,580/$ in parallel market Aug 13, 2024 0 The Naira gained value in the parallel market, reaching N1,580 per dollar, up from N1,585 per dollar last weekend.!-->…
Business Alleged 5.4bn shares: CBN, FBN Holdings ask court to dismiss Barbican Capital’s… Aug 13, 2024 0 The Central Bank of Nigeria (CBN) and FBN Holdings Plc are asking a Federal High Court in Lagos to dismiss a!-->…
Business DMO offers two new FGN bonds Aug 13, 2024 0 The Debt Management Office (DMO) has launched two new Federal Government of Nigeria (FGN) savings bonds for!-->…