Business NiMet’s air quality monitoring network in deplorable state Aug 12, 2024 0 A recent audit conducted by the Nigerian Meteorological Agency (NiMet) has found its air quality monitoring!-->…
Market Retail investors still buyers of US equities through rollercoaster markets –… Aug 9, 2024 0 Despite a recent sharp drop in U.S. stock markets, retail investors continued buying shares, particularly in tech!-->…
Market Wall St Week Ahead Rollercoaster week in US stocks leaves investors braced for… Aug 9, 2024 0 U.S. stock markets have experienced significant volatility recently, spurred by alarming economic data and the!-->…
Business Futures rise on dovish Fed comments after jobs data Aug 9, 2024 0 U.S. stock futures advanced on Friday, buoyed by dovish comments from Federal Reserve officials and robust labor!-->…
Business Global oil demand needs to rise faster to absorb OPEC+ hike Aug 9, 2024 0 Global oil demand growth needs to accelerate in the coming months to absorb the increased supply that OPEC+ plans!-->…
Business New CBN circular clarifies existing rule on certificate of capital importation for… Aug 9, 2024 0 The Central Bank of Nigeria (CBN) has issued a new circular detailing the documentation required for foreign!-->…
Business FG To Pay Julius Berger N280bn To Complete Abuja- Kano Highway Aug 9, 2024 0 The Federal Government has allocated N20 billion each month to Julius Berger Plc for the dualization of an!-->…
Business Egbin Power Gets 3 ISO Certifications Aug 9, 2024 0 Egbin Power Plc, Nigeria's largest power generation company, has been awarded three ISO certifications: ISO!-->…
Trade NGX’s Boss Backs FCMB’s N110.9bn Capital Raise Aug 9, 2024 0 Temi Popoola, Group CEO of the Nigerian Exchange Group (NGX), has commended FCMB Group for its successful capital!-->…
Banking Union Bank Graduates Management Trainees Aug 9, 2024 0 Union Bank of Nigeria has celebrated the graduation of its 2024 management trainees at a ceremony held at The!-->…
Business Dangote refinery insists crude supply woes persist, blames NUPRC Aug 9, 2024 0 Dangote Refinery, Africa’s largest oil refinery, has reiterated its struggle to secure sufficient crude oil!-->…
Currency Naira gains further at official market Aug 9, 2024 0 The naira strengthened against the dollar at both official and foreign exchange markets following the Central Bank!-->…
Energy Cooking gas at N1,250/kg stokes hunger in Nigerian homes Aug 9, 2024 0 Nigerians are grappling with a severe economic strain as the price of Liquefied Petroleum Gas (LPG), commonly!-->…
Business Top mineral resources by African country – EIU Aug 9, 2024 0 In recent years, the Gulf Cooperation Council (GCC) has increasingly turned its attention to Africa, recognizing!-->…
Banking New CBN circular clarifies existing rule on certificate of capital importation for… Aug 9, 2024 0 The Central Bank of Nigeria (CBN) has issued a new circular detailing the documentation required for foreign!-->…
Market Futures waver on anxiety ahead of jobs data Aug 8, 2024 0 U.S. stock index futures showed mixed results on Thursday as investors awaited a key jobs report that could offer!-->…
Business Siemens profit beats market view on software but outlook remains guarded Aug 8, 2024 0 Siemens reported better-than-expected quarterly earnings on Thursday, driven by strong demand for electricity!-->…
Business Who is Tan Su Shan, Singapore bank DBS’s incoming CEO? Aug 8, 2024 0 Tan Su Shan will take over as CEO of DBS Group from March, succeeding Piyush Gupta, who has led the bank for 14!-->…
Trade US tops China as Germany’s biggest trading partner Aug 8, 2024 0 In the first half of 2024, the United States became Germany's largest trading partner, surpassing China. Trade!-->…
Business Net FX flows increase by 55% to $25.4 billion in six months – CBN Aug 8, 2024 0 Net foreign exchange inflows in Nigeria rose to $25.4 billion from January to June 2024, a 55 percent increase!-->…
Business Five-day internet disruption frustrates work from home Aug 8, 2024 0 On August 1, 2024, Nigerians faced significant network downtime, which impacted internet speed and accessibility.!-->…
Business Senate probes $1.5bn spent on rehabilitation of Port Harcourt refinery in 2021 Aug 8, 2024 0 The Nigerian Senate has raised concerns about the $1.5 billion allocated in 2021 for the maintenance of the Port!-->…
Currency Naira strengthens to 1596 as CBN sells most dollars under Cardoso Aug 8, 2024 0 On August 7, 2024, the naira gained slightly in official trading due to a $876.26 million sale by the Central Bank!-->…
Local Don’t register police insurance company — Kyari, former NAICOM CEO Aug 8, 2024 0 Mohammed Kari, a former Commissioner for Insurance, has opposed the licensing of Nigeria Police Force (NPF)!-->…
Banking Why CBN Injected N700bn Bailout In Unity Bank-Providus Bank Merger Aug 8, 2024 0 The Central Bank of Nigeria (CBN) has approved a N700 billion financial package to support the merger between!-->…
Business Axxela, NNPC Gas Company Commission 5km Gas Pipeline Aug 8, 2024 0 Axxela Limited, in collaboration with NNPC Gas Marketing Limited (NGML), has commissioned a 5km natural gas!-->…
Business CBN eases FX pressure, sells $876.26m to end-users at N1,495/$ Aug 8, 2024 0 The Central Bank of Nigeria (CBN) has sold $876.26 million at a rate of N1,495 per dollar through a Retail Dutch!-->…
Local MeCure reports 38% rise in revenues as cost mute profit growth Aug 8, 2024 0 MeCure Industries PLC announced its financial results for the second quarter of 2024, revealing a slight increase!-->…
Business IHS Towers, MTN renew lease Aug 8, 2024 0 IHS Towers and MTN Nigeria have renewed their tower lease agreements for another eight years. The new deal extends!-->…
investment Investors Rethink Japanese Multinationals Amid Yen Strength Aug 7, 2024 0 The strengthening yen is prompting investors to reassess the prospects of Japanese multinational companies, which!-->…