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Ekemini Uba 4868 posts 0 comments

Local

Sportsbet.io welcomes three new ambassadors to Its team

Apr 23, 2024 0
Yolo Group's Sportsbet.io has expanded its team of ambassadors with three new additions, joining the likes of…
Trade

Sterling, FCMB, Stanbic see biggest jump in FX gain

Apr 23, 2024 0
While big banks grabbed attention for foreign exchange gains last year, Sterling Financial Holdings Plc, FCMB…
Local

Diop to replace Chaudhuri as World Bank country director for Nigeria

Apr 23, 2024 0
Ndiame Diop, a Senegalese national, is set to assume the position of World Bank Country Director for Nigeria,…
Business

Naira gains to N1,250/$ after CBN sells fresh dollars to BDCs

Apr 23, 2024 0
The Central Bank of Nigeria (CBN) has initiated another round of discounted dollar sales directly to Bureau De…
Local

Nigeria sees 16% drop in POS transactions on bank transfers

Apr 23, 2024 0
Point-of-Sale (POS) transaction values in Nigeria experienced a notable downturn in the first quarter of 2024,…
Business

NNPC resume crude oil production at Awoba field after shutdown

Apr 23, 2024 0
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its Joint Venture partner, Newcross Exploration…
World

World bank halts $150m funding for Tanzania tourism project

Apr 23, 2024 0
The World Bank has suspended funding for a $150 million tourism project in Tanzania following allegations of…
World

Turkey to commence oil drilling in Somalia from 2025

Apr 23, 2024 0
Somalia has announced that Turkey will begin oil drilling operations along the country's extensive coastline…
Business

Microsoft introduces smaller AI model

Apr 23, 2024 0
Microsoft (MSFT.O) unveiled Phi-3-mini, a cost-effective small language artificial intelligence model aimed at…
World

Why dollar is battering euro, Japanese yen and Chinese yuan

Apr 23, 2024 0
The resurgence of the US dollar has caught global financial markets off guard in 2024, with the US dollar index…
Local

JAMB to reimburse fees for visually-impaired UTME candidates

Apr 23, 2024 0
The Joint Admissions and Matriculation Board (JAMB) has announced plans to reimburse fees paid for forms by…
Business

Nigeria eyes $30bn from debut forex bond

Apr 22, 2024 0
Nigeria is getting ready to borrow money from international investors by selling its first foreign currency bond.…
Breaking

Segun Alebiosun to serve as acting CEO of First Bank

Apr 22, 2024 0
Segun Alebiosun, currently the Executive Director and Chief Risk Officer, is likely to become the acting Managing…
Local

Stable Naira appreciation expected to ease Inflation

Apr 22, 2024 0
Analysts predict that the recent stability in Nigeria's foreign exchange market, along with the strengthening of…
Business

Dangote diesel supply to displace European imports

Apr 22, 2024 0
BusinessDay's investigation reveals that the Dangote oil refinery's diesel supply is set to replace the…
Local

10 Of 39 MDAs scored above 50% in business facilitation — PEBEC

Apr 22, 2024 0
The Presidential Enabling Business Environment Council (PEBEC) has revealed that only 10 out of 39 government…
Finance

FG expects $2.2 billion World Bank loan and AfDB budget

Apr 22, 2024 0
The Federal Government of Nigeria anticipates receiving a $2.2 billion single-digit interest loan from the World…
Finance

Transcorp hotel reports 36.2% revenue growth

Apr 22, 2024 0
Transcorp Hotel Plc has revealed a notable increase of 36.2% in its revenue for the year 2023. During a…
Local

Dana Air introduces health initiatives for staff and customers

Apr 22, 2024 0
Dana Air, a prominent Nigerian airline plans to host health talks and screenings for staff and regular customers,…
Banking

Massive banking stocks sell-off persists

Apr 22, 2024 0
The banking sector witnessed a significant sell-off last week ahead of the Central Bank of Nigeria's (CBN)…
Banking

FG to commercialize FMBN to enhance housing delivery

Apr 22, 2024 0
The Federal Government says it is reviewing loans and projects estimated at $500m executed by the Nigerian Content…
Local

FG reviews $500 million loans and projects by NCDMB

Apr 22, 2024 0
The Federal Government is conducting a review of loans and projects totaling $500 million executed by the Nigerian…
Business

Aviation threatens strike over aviation agencies’ revenue deduction

Apr 22, 2024 0
The Air Transport Services Senior Staff Association of Nigeria (ATSSSAN) has issued a threat of industrial action…
Business

Afriland Properties records 34% increase in profit

Apr 22, 2024 0
Afriland Properties Plc, a property management, investment, and development company, has reported a profit before…
Africa

Sub-Saharan Africa incomes falling further behind rest of world, says IMF

Apr 19, 2024 0
The International Monetary Fund (IMF) has highlighted that incomes in Sub-Saharan Africa are falling further…
Africa

Risk sensitive South African rand weakens as geopolitical tensions bite

Apr 19, 2024 0
South Africa's rand experienced volatility in early Friday trading following reports of an Israeli attack on Iran,…
Business

Ghana deal with bondholders ‘a matter of time’, says IMF official

Apr 19, 2024 0
An IMF official stated that Ghana reaching a restructuring agreement with holders of its international bonds is…
Business

Report shows FG may criminalise fiber cable damage -Report

Apr 19, 2024 0
Nigeria is taking steps to make it a crime to damage broadband fiber cables following complaints from major…
Business

SEC vows to block illicit funds in capital market

Apr 19, 2024 0
The Securities and Exchange Commission (SEC) is taking a firm stance against the influx of illicit funds into the…
Business

Banks set for aggressive dividend payouts- Report

Apr 19, 2024 0
A report by Ernst and Young Global Limited (EY) suggests that Nigerian banks are gearing up for robust dividend…
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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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Walz, Vance clash at policy-heavy vice presidential debate

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