Business South African rand weakens, eyes on inflation data Jul 23, 2024 0 The South African rand weakened by about 0.75% in early trading on Tuesday, trading at 18.38 against the dollar as!-->…
Business Spotify reports record quarterly earnings, shares jump 14% in premarket trade Jul 23, 2024 0 Spotify reported a record quarterly profit of 1.11 billion euros, slightly surpassing analyst expectations of 1.07!-->…
Business ATM transactions decline 13% to N28.2 trn Jul 23, 2024 0 In 2023, the value of Automated Teller Machine (ATM) transactions in Nigeria decreased by 13.6 percent to N28.2!-->…
Business We are working on postal reform bill — Postmaster General Jul 23, 2024 0 The Postmaster General of Nigeria, Ms. Tola Odeyemi, emphasized the importance of passing the long-pending postal!-->…
Business Electricity: FG targets 9,000MW from renewable energy Jul 23, 2024 0 The Nigerian government plans for the renewable energy sector to contribute 9,000 megawatts of power by 2030 as!-->…
Business Incoming CIIN president unveils agenda for insurance industry growth Jul 23, 2024 0 Mrs. Yetunde Ilori, the incoming president of the Chartered Insurance Institute of Nigeria (CIIN), plans to!-->…
Local Energy stakeholders brainstorm on midstream, downstream devpt at SPE-NAICE 2024 Jul 23, 2024 0 Professionals and key players in the energy sector will gather at the SPE-NAICE 2024 event to explore advancements!-->…
Business AEDC Appoints 4th CEO In 11 Months Jul 23, 2024 0 The Abuja Electricity Distribution Company (AEDC) has appointed Engr Chijioke Okwuokenye as the acting Managing!-->…
Business Forex inflow via IMTOs hits $1.07bn in three months – CBN Jul 23, 2024 0 Foreign exchange inflows from International Money Transfer Operators (IMTOs) increased by 38.86 percent to $1.07!-->…
Business Domestic workers must benefit from N70,000 minimum wage – Senate Jul 23, 2024 0 The Senate and the National Council for Women Society (NCWS) have called for domestic servants to be included in!-->…
Local Agbakoba warns NNPC against taking over Dangote refinery Jul 23, 2024 0 Senior Advocate of Nigeria Olisa Agbakoba has cautioned against the Nigerian National Petroleum Company Limited!-->…
Local Chapel Hill Denham named Nigeria’s best investment bank Jul 23, 2024 0 Chapel Hill Denham has been awarded the title of Best Investment Bank in Nigeria at the 2024 Euromoney Awards for!-->…
Business Forex inflow via IMTOs hits $1.07bn in three months – CBN Jul 23, 2024 0 Foreign exchange inflows from International Money Transfer Operators (IMTOs) in Nigeria saw a significant increase!-->…
World Japan’s chief cabinet secretary calls for broad-based wage hikes Jul 23, 2024 0 Japan's Chief Cabinet Secretary, Yoshimasa Hayashi, has emphasized the importance of extending pay increases to!-->…
Local India boosts spending on job creation, rural areas in first budget after election Jul 23, 2024 0 India's Finance Minister Nirmala Sitharaman unveiled a budget of $24 billion for the 2024/25 fiscal year, focusing!-->…
Local Digital tax talks in G20 spotlight as US tariff threat looms Jul 23, 2024 0 Negotiations for a global tax deal are ongoing past the June 30 deadline, with the G20 finance leaders meeting!-->…
Business Global aircraft leasing market to hit $315b by 2033 Jul 22, 2024 0 The global commercial aircraft leasing market is set to reach $315.9 billion by 2033, growing at a cumulative!-->…
Stock NGX delists three companies over poor standards Jul 22, 2024 0 The Nigerian Exchange (NGX) has delisted three companies—Niger Insurance Plc, Resort Savings and Loans Plc, and!-->…
Business Minimum wage: MAN seeks compliance exception for MSMEs Jul 22, 2024 0 The Manufacturers Association of Nigeria (MAN) has requested that micro, small, and medium enterprises (MSMEs) be!-->…
Business FG mulls suspension of N10 sugar tax on beverages Jul 22, 2024 0 The federal government is considering a temporary suspension of the N10 tax on Sweetened Sugar Beverages (SSBs) to!-->…
Business Economy faces threats with 1.4m bpd crude output Jul 22, 2024 0 Nigeria's oil output, including condensate, is projected to remain low at 1.4 million barrels per day (mbpd) in!-->…
investment Dangote Fights Back… NMDPRA Letter Shows Regulator Approved Refinery’s In-house… Jul 22, 2024 0 Dangote Refinery is defending the quality of its refined products following allegations by the Nigerian Upstream!-->…
Business Banks Defy Stiff Competition from Fintechs, Grow Deposits by 63% to N115tn Jul 22, 2024 0 Nigerian banks saw a significant increase in total deposits, reaching N115 trillion in the 2023 financial year, a!-->…
Banking Zenith Bank Retains Position as Nigeria’s Number One Bank By Tier-1 Capital for… Jul 22, 2024 0 For the fifteenth consecutive year, Zenith Bank Plc has been recognized as the Number One Bank in Nigeria by!-->…
Business Planes Grounded As Global IT Outage Hits Airlines, Media, Banks Jul 19, 2024 0 A major IT outage spreading across the globe has caused significant disruptions in various sectors. Airlines!-->!-->!-->…
Business Mining Sector Gets International Boost With Jupiter Lithium, Bevex’s Processing… Jul 18, 2024 0 Jupiter Lithium Limited has signed an MOU with South Africa's Bevex Mining Services to develop modular lithium!-->…
Business IMF Lowers Nigeria’s 2024 Growth Forecast to 3.1% Jul 18, 2024 0 The IMF has reduced its forecast for Nigeria's economic growth in 2024 to 3.1%, down from the earlier estimate of!-->…
Business Optiva Boss Inducted As WADA Ambassador Jul 18, 2024 0 Franklin Nechi, Chairman of Optiva Capital, has been inducted as an ambassador for the War Against Drug Abuse!-->…
Business All New Mining Licences Must Have Local Value — Tinubu Jul 18, 2024 0 President Bola Ahmed Tinubu has directed the Federal Ministry of Solid Minerals Development to issue mining!-->…
Business Insurers’ assets hit N3.3trn as premium income rises by 51% Jul 18, 2024 0 Insurance companies in Nigeria have grown their total assets by 36.9% year-on-year, reaching N3.3 trillion in!-->…