Banking CBN drops BDC operators in $123m sale Jul 15, 2024 0 The Central Bank of Nigeria (CBN) excluded Bureau De Change (BDC) operators from its latest forex sales, amounting!-->…
Business Taiwan president thanks Micron CEO for his trust in Taiwan Jul 12, 2024 0 Taiwan President Lai Ching-te recently expressed gratitude to Micron's Chief Executive Sanjay Mehrotra for the!-->…
Business Japan households’ inflation expectations heighten, quarterly survey shows Jul 12, 2024 0 Nearly 90% of Japanese households expect prices to rise in the next year, according to a quarterly Bank of Japan!-->…
Business US lawmakers raise worries about China in Microsoft deal with Emirati AI firm Jul 12, 2024 0 Republican lawmakers have requested an intelligence assessment from the Biden administration on Microsoft's $1.5!-->…
Local Australia to bring anti-scam law targeting internet giants this year, regulator… Jul 12, 2024 0 Australia plans to introduce a law by the end of the year requiring internet companies to proactively prevent!-->…
Business BIPC Seeks $500m UNHCR-IFC For IDPs Sustainability Jul 12, 2024 0 The Benue Investment and Property Company Limited (BIPC) has proposed a business model to leverage a $500 million!-->…
Business FG To Invest In Made-In-Nigeria Vehicles, Transmit To CKD Assembly Jul 12, 2024 0 The Director-General of the National Automotive Design and Development Council (NADDC), Oluwemimo Joseph Osanipin,!-->…
Energy Nigeria’s oil production adds 25,000 barrels per day Jul 12, 2024 0 Nigeria’s daily oil production increased by 25,000 barrels per day, rising from 1.251 million barrels per day in!-->…
Finance NIDF posts N8.37bn post-tax profit Jul 12, 2024 0 The Nigeria Infrastructure Debt Fund (NIDF) reported a 15.8% increase in post-tax profit for the first half of!-->…
Trade Honeywell, Seplat drag equity market to N188bn loss Jul 12, 2024 0 Investors on the Nigerian Exchange Limited faced losses totaling N188 billion on Thursday, primarily driven by!-->…
Business SEC harps on investor education to drive growth Jul 12, 2024 0 Emomotimi Agama, the Director General of the Securities and Exchange Commission (SEC), emphasized the importance!-->…
Business NDDC to boost Niger Delta development with N1.9tn budget Jul 12, 2024 0 The Niger Delta Development Commission (NDDC) has presented its ambitious 2024 budget of N1.9 trillion to the!-->…
Business Senate rejects bill seeking to review forex market regulations Jul 12, 2024 0 The Nigerian Senate recently rejected the Foreign Exchange (Control and Monitoring) Bill, 2024 (SB. 353), proposed!-->…
Energy FG, IOCs agree on crude supply to Dangote, local refineries Jul 12, 2024 0 The Nigerian government and local crude oil producers have pledged to maintain a sustainable supply of crude to!-->…
Business Amazon could face probe over treatment of UK grocery suppliers, watchdog says Jul 11, 2024 0 Britain's grocery regulator has warned Amazon of a possible formal investigation if it does not improve compliance!-->…
Business AI frenzy takes Taiwan’s TSMC to record peak, puts it in trillion dollar… Jul 11, 2024 0 TSMC reached a record high in its second-quarter revenue, driven by strong demand for AI applications. The world's!-->…
Local Exclusive: In lithium industry first, IBAT commercializes new extraction… Jul 11, 2024 0 International Battery Metals (IBAT) has achieved a significant milestone in the clean-energy transition by!-->…
Business Housing crisis in Spain’s cities drives rise in homelessness as tourism… Jul 11, 2024 0 Francisco Carrillo, a 62-year-old pensioner, finally found relief as he moved into a charity-provided apartment in!-->…
Business Nigeria’s regional trade declines, ranks 4th behind SA, Cote d’Ivoire, Egypt Jul 11, 2024 0 Three years into the African Continental Free Trade Area (AfCFTA) agreement, Nigeria has experienced a decline in!-->…
Business NERC Reels Out New Sanctions For DisCos Jul 11, 2024 0 The Nigerian Electricity Regulatory Commission (NERC) announced new sanctions for Distribution Companies (DisCos)!-->…
Business Global Regulators Tighten Rules On Banks Outsourcing Services Jul 11, 2024 0 The Basel Committee of banking regulators has proposed that bank board directors take ultimate responsibility for!-->…
Local Food Security: FEC Approves Procurement Of 2000 Tractors, 1200 Trailers Jul 11, 2024 0 The Federal Executive Council (FEC) has approved the procurement of 2,000 tractors, 4,000 disc ploughs, 1,200!-->…
Currency Naira tumbles above the N2,000 mark against British pound Jul 11, 2024 0 The Nigerian naira faced downward pressure as it started Thursday’s session with a weakening trend against the!-->…
Business Cost of living crisis: Nigeria ranked 5th hardest hit African country Jul 11, 2024 0 Nigeria has been identified as the fifth hardest-hit African country by the global cost-of-living crisis,!-->…
Local TD Africa Recognized at Huawei Event for Exceptional Service and Distribution… Jul 11, 2024 0 TD Africa was celebrated at Huawei's recent event themed 'Accelerate Industrial Intelligence' for its exemplary!-->…
Business Keystone Wins Retail Bank of the Year 2024 Award Jul 11, 2024 0 Keystone Bank Limited has been recognized as the 'Retail Bank of the Year' at the Africa Industrial and!-->…
Business FG, USAID sign N115bn MoU to support power sector reforms Jul 11, 2024 0 The United States Agency for International Development (USAID) and the Federal Ministry of Power have signed a!-->…
Business UK economy improved in May – Report Jul 11, 2024 0 Britain's economic output grew by 0.4 percent in May, surpassing analysts' expectations of 0.2 percent and!-->…
Trade Nigerian Equity Market Declines for Third Day, Investors Lose N2.18bn Jul 11, 2024 0 The Nigerian equity market extended its losing streak for the third consecutive day this week, with investors!-->…
Business Spirits set to overtake wine as global drinking habits change Jul 10, 2024 0 A report by the World Spirits Alliance forecasts that more cases of spirits like vodka and whisky will be sold!-->…