Local Meta Removes 63,000 ‘Yahoo Boys’ Accounts Jul 25, 2024 0 Meta, the parent company of WhatsApp, Facebook, and Instagram, has removed 63,000 accounts connected to 'Yahoo!-->…
Local First Bank/Visa Promo To Reward 520 Cardholders Jul 25, 2024 0 First Bank, in partnership with Visa, has launched a Visa Cross Border and Summer campaign running from April 1 to!-->…
Local CBN’s 26.75% Interest Rate Will Worsen Purchasing Power – MAN Jul 25, 2024 0 The Manufacturers Association of Nigeria (MAN) has expressed concerns over the Central Bank of Nigeria's (CBN)!-->…
Business Hardship: Stranded foreign scholars groan as FG slashes allowances Jul 25, 2024 0 The Federal Government of Nigeria has announced a 12.7% cut in allowances for students studying abroad in!-->…
Business Certain Workers Excluded from Nigeria’s New N70,000 Minimum Wage Jul 25, 2024 0 As workers anticipate the implementation of Nigeria's new N70,000 minimum wage, not all will benefit from this!-->…
Local Naira depreciates to N1,575/$ in parallel market Jul 25, 2024 0 The Naira depreciated to N1,575 per dollar in the parallel market, down from N1,565 per dollar the previous day. !-->!-->…
Business Nissan shares plunge after profit warning Jul 25, 2024 0 Nissan shares tumbled over 10% after issuing a profit warning due to fierce sales competition, particularly in the!-->…
Business Unilever Sees 4% Profit Rise in H1 2024 Jul 25, 2024 0 Unilever reported a 4% increase in net profit for the first six months of 2024, reaching 3.7 billion euros ($4.0!-->…
Business CBN sells one-year Treasury Bills at 22.1% in July auction Jul 25, 2024 0 The Central Bank of Nigeria (CBN) sold one-year Treasury Bills at a 22.1% stop rate during its July 24 auction to!-->…
Local FCMB posts N64.2 billion pre-tax profit in the first half of 2024 Jul 25, 2024 0 FCMB Group recorded a profit before tax of N64.2 billion in the first half of 2024, a 68% increase from N38.2!-->…
Crypto ETH Spot ETFs Underperform, Triggering Crypto Sell-off Jul 25, 2024 0 The recent poor performance of newly launched ETH spot ETFs caused a significant decline in the crypto market!-->…
Energy US refiners’ Q2 profits fall on low margins, soft fuel demand Jul 24, 2024 0 U.S. oil refiners are set to report significantly lower earnings for the second quarter compared to last year,!-->…
Technology Musk launches poll asking if Tesla should invest $5 bln in xAI, early votes in… Jul 24, 2024 0 Tesla CEO Elon Musk has initiated a poll on the social media platform X to gauge public opinion on whether the!-->…
Business Hotel workers in four US cities to hold strike authorization votes Jul 24, 2024 0 Approximately 13,500 unionized hotel workers across Boston, San Francisco, Honolulu, and Providence, Rhode Island,!-->…
Business Fortune 500 firms to see $5.4 bln in CrowdStrike losses, says insurer Parametrix Jul 24, 2024 0 Fortune 500 companies, excluding Microsoft, are projected to incur financial losses totaling $5.4 billion due to a!-->…
Business UK business activity picks up after pre-election lull, PMI data shows Jul 24, 2024 0 British business activity experienced a notable uptick in July, following a lull before the July 4 election,!-->…
Business Forex: Reps Pass Bill To Impose ‘Windfall Tax’ On Banks Jul 24, 2024 0 The House of Representatives has approved a bill to impose a 'Windfall Tax' on commercial banks that benefited!-->…
Local First Bank/Visa Promo To Reward 520 Cardholders Jul 24, 2024 0 First Bank has initiated a Visa Cross Border and Summer campaign in collaboration with Visa, running from April 1,!-->…
Banking Access Bank Disburses N740b To 18m Digital Borrowers Jul 24, 2024 0 Access Bank has disbursed N740 billion to 18 million borrowers through its digital lending services since!-->…
Finance FG’s deficit spending falls 29% to N2.83trn in Q1’24 Jul 24, 2024 0 The Federal Government of Nigeria reduced its deficit spending by 29% in the first quarter of 2024, bringing the!-->…
investment DBN secures access to over $100b Green Climate Fund Jul 24, 2024 0 The Development Bank of Nigeria Plc (DBN) has become the first Direct Access Entity (DAE) in Nigeria to receive!-->…
Business NACCIMA, others kick as CBN hikes interest rate to 26.75% Jul 24, 2024 0 The Central Bank of Nigeria (CBN) has raised its benchmark Monetary Policy Rate (MPR) to 26.75% from 26.25% in an!-->…
Business Transcorp Hotels posts 188% profit growth in 2024 half year Jul 24, 2024 0 Transcorp Hotels posted a profit before tax of N10.5 billion in the first half of 2024, a remarkable 188% increase!-->…
Business FG allocates over N438 billion to 34 States, FCT under economic stimulus programme… Jul 24, 2024 0 The Federal Government has distributed more than N438 billion to 34 states and the Federal Capital Territory (FCT)!-->…
Business Support for Dangote Refinery Swells, Kyari Denies Owning Blending Plant in Malta Jul 24, 2024 0 Amid ongoing disagreements between Dangote Refinery and the Nigerian Midstream and Downstream Petroleum Regulatory!-->…
Africa Gabon President Invites Aliko Dangote to Invest in Cement and Fertilizer Jul 24, 2024 0 President Brice Oligui Nguema of Gabon has extended an invitation to Aliko Dangote, Africa’s wealthiest!-->…
Business Sherwin-Williams raises 2024 profit forecast on upcoming residential demand Jul 23, 2024 0 Sherwin-Williams increased its full-year earnings forecast and reported a second-quarter profit that exceeded Wall!-->…
World Samsung Elec talks with union end without result, union says Jul 23, 2024 0 Sherwin-Williams increased its full-year earnings forecast and reported a second-quarter profit that exceeded Wall!-->…
Technology Italy seizes 121 mln euros from Amazon unit over alleged tax, labour offences Jul 23, 2024 0 Italian tax police have seized €121 million from Amazon Italia Transport, a logistics unit of e-commerce giant!-->…
Business Samsung Elec talks with union end without result, union says Jul 23, 2024 0 Samsung Electronics and representatives of its largest workers' union in South Korea, currently on strike over pay!-->…