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  • Page 137

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Ekemini Uba 4868 posts 0 comments

Business

US inflation surges to 3.5%, raises concerns for emerging markets

Apr 11, 2024 0
In a surprising turn, US inflation accelerated beyond expectations in March, reaching 3.5 percent, signaling a…
Local

Wigwe: Family of Ogunbajo files lawsuit over helicopter crash

Apr 11, 2024 0
The family of Abimbola Ogunbanjo, former Chairman of the Nigerian Exchange Group (NGX Group), has initiated a…
Business

Dangote says diesel price reduction to cut Nigeria’s inflation

Apr 11, 2024 0
Aliko Dangote, the chairman of Dangote Group, has revealed that his refinery's initiative to sell diesel at…
Business

Champion Breweries Plc reports 73% drop in profit

Apr 11, 2024 0
Champion Breweries Plc, a prominent Nigerian brewing company, witnessed a significant decline in profit,…
World

Biden and Kishida likely to discuss Texas bullet train project

Apr 10, 2024 0
President Joe Biden is working to bring attention back to a plan to create America's first high-speed rail system…
World

Hong Kong considers expanding investment links with China

Apr 10, 2024 0
The Hong Kong Monetary Authority (HKMA) is exploring the possibility of enhancing investment connections between…
investment

South Korea to invest billions in AI to strengthen industry

Apr 10, 2024 0
South Korean President Yoon Suk Yeol has announced a major investment of 9.4 trillion won ($6.94 billion) in…
Stock

Global stocks steady, metals fly

Apr 10, 2024 0
On Tuesday, global shares showed a mixed performance as investors awaited this week's U.S. inflation report and an…
Business

Nigerian startups raise $160 million in 3 months

Apr 10, 2024 0
Despite a slowdown in funding across the African continent, Nigerian startups have raised an impressive $160…
Local

From Pharmacy Student to NAFDAC Director: Moji Adeyeye’s Journey

Apr 10, 2024 0
Moji Adeyeye, the Director-General of the National Agency for Food and Drug Administration and Control (NAFDAC),…
Business

Tony Elumelu eyes purchase of Nigerian Premier Football League Club

Apr 10, 2024 0
Renowned Nigerian billionaire Tony Elumelu has shown interest in acquiring a club in the Nigeria Premier Football…
Business

Premium Pension AUM rises to N1.134trn

Apr 10, 2024 0
Premium Pension Limited, a leading Pension Fund Administrator (PFA) in Nigeria, achieved significant growth in its…
Local

AI to contribute $1.2 trillion to Africa’s economy by 2030

Apr 10, 2024 0
Microsoft has forecasted that Artificial Intelligence (AI) will contribute approximately $1.2 trillion to Africa's…
Local

Low turnout of passengers at airports despite Eid-el-Fitri holiday

Apr 10, 2024 0
Despite the long holiday declared for the Eid-el-Fitri celebration, airports across the country experienced low…
Banking

CAC places FBN Holdings records on caveat

Apr 10, 2024 0
The Corporate Affairs Commission (CAC) has taken action amid the crisis rocking the board of First Bank of Nigeria…
Local

Air Peace denies abandoning passengers at Gatwick Airport

Apr 10, 2024 0
Nigeria's flag carrier, Air Peace, has refuted claims that it abandoned passengers at Gatwick Airport, London, and…
Banking

FBN Holdings plans N300bn fresh capital raise

Apr 9, 2024 0
FBN Holdings, a financial holding company, has announced its intention to seek shareholders’ approval to raise an…
Local

Nigeria to secure $1.05 billion loan backed by oil

Apr 9, 2024 0
Nigeria is set to receive a $1.05 billion syndicated loan backed by oil from the African Import Export Bank next…
Local

UAE Airlines may resume flights to Nigeria before June- Aviation Minister

Apr 9, 2024 0
Mr. Festus Keyamo, the Minister of Aviation and Aerospace Development, has announced that United Arab Emirates…
Local

NNPC faces $3 billion debt to fuel traders

Apr 9, 2024 0
The Nigeria National Petroleum Company Limited (NNPCL) reportedly owes approximately $3 billion to fuel traders…
Local

Airport customs records N45.23 billion revenue in Q1

Apr 9, 2024 0
The Murtala Muhammed Airport Command (MMA) of the Nigeria Customs Service (NCS) announced that it generated N45.23…
Banking

Zenith Bank reports 202.3% increase in profit

Apr 9, 2024 0
Zenith Bank Plc released its 2023FY results, demonstrating continued strong performance throughout the year. …
Energy

Tariff Hike: NSE seeks stiff sanctions for defaulting DISCOs

Apr 9, 2024 0
The Nigerian Society of Engineers (NSE) has urged for strict penalties on electricity distribution companies…
Local

Cooking gas prices surge by 38%

Apr 9, 2024 0
The price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has soared to N14,150 for a 12.5kg…
Business

Nigeria set to receive $1.05 billion syndicated loan backed by oil

Apr 9, 2024 0
The federal government has finalized arrangements to receive a $1.05 billion syndicated loan backed by oil by the…
Local

Nigeria’s inflation rate to remain high in 2024 — World Bank

Apr 9, 2024 0
The World Bank has projected a lower inflation rate compared to February 2024, which stood at 31.7 percent. In its…
Trade

Forex losses hit currency dealers as CBN slashes BDC rate to N1,117.5/$

Apr 9, 2024 0
Currency dealers expressed concern over mounting losses and decreasing demand for the dollar as the naira…
Local

Stock market investors record N623 bn loss

Apr 8, 2024 0
Last week, stock market investors in Nigeria experienced losses amounting to N623 billion as fund managers…
Energy

Testing begins on 700 megawatts zungeru hydroelectric power plant

Apr 8, 2024 0
The Federal Government has announced the commencement of testing on the 700 megawatts Zungeru Hydroelectric Power…
Local

Petrol: Oil marketers propose N550/litre price to Dangote

Apr 8, 2024 0
As the Nigerian National Petroleum Company, NNPC Limited, works to alleviate petrol scarcity in Lagos and its…
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Business

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World

UN Warns Trump Against Iran Strikes as Deadline Nears:…

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Saudi warns of $50 oil if OPEC+ fails to honour cut deal

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Walz, Vance clash at policy-heavy vice presidential debate

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