Business FG up to date on debt payments, $700m paid, says Edun Jul 4, 2024 0 Wale Edun, Nigeria's Minister of Finance and Coordinating Minister of the Economy, announced that the federal!-->…
Local NCDMB won’t register oil service providers without capacity – ES Jul 4, 2024 0 The Nigerian Content Development and Monitoring Board (NCDMB) has announced stricter measures for approving oil!-->…
Business Labour, private sector protest as Discos hike tariff again Jul 4, 2024 0 The Nigeria Labour Congress, Trade Union Congress, and Organised Private Sector have criticized the recent hike in!-->…
Business Vehicle importation down by 45% over forex crisis – CGC Jul 4, 2024 0 Adewale Adeniyi, Comptroller General of the Nigeria Customs Service, revealed a significant 45% decline in vehicle!-->…
Business Industrial and Medical Gases Nigeria Plc Appoints Aminu Ado Chairman Jul 4, 2024 0 Industrial and Medical Gases Nigeria Plc (IMG) has appointed Aminu Ado as its new substantive chairman. This!-->…
Business $1.5bn oil sector divestment deals completed – FG Jul 4, 2024 0 The Federal Government of Nigeria has announced the successful completion of significant oil divestment deals!-->…
Breaking Equity market sustains rally with N131bn gain Jul 4, 2024 0 The Nigerian equity market saw another day of gains on Wednesday, with investors pocketing N131 billion boosted by!-->…
Business Zedcrest acquires RMB Nigeria stockbrokers Jul 4, 2024 0 Financial solutions firm, Zedcrest, has announced its complete acquisition of RMB Nigeria Stockbrokers, a move!-->…
Crypto KuCoin Implements 7.5% VAT on Crypto Transactions in Nigeria Jul 4, 2024 0 KuCoin, a prominent cryptocurrency exchange operating in Nigeria, has announced the implementation of a 7.5%!-->…
Business Protests rocks UNIBEN as students shut down Benin-Ore highway over power outage Jul 4, 2024 0 Students of the University of Benin (UNIBEN) staged a protest on Wednesday, blocking the Benin-Ore Highway to!-->…
investment Sanwo-Olu to establish Lagos state sovereign investment fund, lobbies NSIA to… Jul 4, 2024 0 Governor Babajide Sanwo-Olu of Lagos State announced plans to establish a Sovereign Investment Fund during a!-->…
Crypto Bitcoin drops by 3% as 100,565 traders lose $262 million Jul 4, 2024 0 In the early morning trading session, Bitcoin faced a 3% decline in its price before recovering to trade around!-->…
Business Asia stocks rise on rate cut wagers, yen wallows at 38-year lows Jul 3, 2024 0 Asian stocks rose on Wednesday following remarks by Federal Reserve Chair Jerome Powell, indicating potential!-->…
Business UK Investors Pour Record £11.4 Billion into Equity Funds in First Half of 2024 Jul 3, 2024 0 British investors injected a record £11.4 billion into equity funds during the first six months of 2024, driven by!-->…
Business Nippon Steel’s Mori to visit US again next week for talks on US Steel… Jul 3, 2024 0 Nippon Steel's Vice Chairman, Takahiro Mori, will travel to the United States next week to discuss the proposed!-->…
Business No economic growth will happen unless interest rate at 30% goes down – Aliko… Jul 3, 2024 0 Aliko Dangote, Chairman of the Dangote Group, criticized the Central Bank of Nigeria's (CBN) decision to raise the!-->…
Local Access Holdings commences N351bn ordinary shares offer to shareholders Jul 3, 2024 0 Access Holdings has launched a rights issue of 17.7 billion ordinary shares at N19.75 per share, totaling N351!-->…
Business FG Clears $850m Debt To EU Airlines Jul 3, 2024 0 The Nigerian government has cleared a backlog of debts amounting to $850 million owed to European airlines, as!-->…
Business FAKE NEWS ALERT: No Explosion At Zungeru Hydroelectric Dam, Say ED, Police Jul 3, 2024 0 Siraj Abdullahi, executive director of the Zungeru hydroelectric dam in Niger state, refuted reports of an!-->…
Business Adefeko Calls For Urgent Action To Address Food Insecurity Jul 3, 2024 0 Ade Adefeko, director of corporate and regulatory affairs at Olam Agri, has called for urgent measures to address!-->…
Business Senate Passes Bill To Allow Foreigners In Nigeria Obtain NIN Jul 3, 2024 0 The Nigerian Senate has passed a bill for a second reading that proposes granting all persons, including!-->…
Business Dangote Refinery Begins Gasoil Exports To West African Countries, As Imports From… Jul 3, 2024 0 Aliko Dangote, Chairman of the Dangote Group, strongly criticized the Central Bank of Nigeria (CBN) for increasing!-->…
Business China’s BYD posts 21% jump in quarterly EV sales, closes gap with Tesla Jul 2, 2024 0 China's BYD reported a 21% increase in electric vehicle (EV) sales for the second quarter, bringing its total to!-->…
World Air Canada to Receive 8 Boeing 737 MAX 8 Jets from BOC Aviation Jul 2, 2024 0 Air Canada announced on Tuesday an agreement to receive eight Boeing 737 MAX 8 jets from lessor BOC Aviation. !-->!-->!-->…
Business South African rand extends losses, focus on unity government’s reforms Jul 2, 2024 0 The South African rand continued its decline on Tuesday, trading at 18.6325 against the dollar, a 1.5% drop from!-->…
Business Biden revoked 8 licenses for China’s Huawei in 2024, document shows Jul 2, 2024 0 In 2024, the Biden administration revoked eight more licenses that previously allowed U.S. companies to supply!-->…
World US job openings increase; trend still slowing Jul 2, 2024 0 In May, U.S. job openings increased by 221,000 to 8.140 million, indicating a modest rebound following significant!-->…
Business Nigeria Air Project Remains Suspended Pending Presidential Decision Jul 2, 2024 0 The Nigerian government's Nigeria Air project remains suspended as Minister of Aviation and Aerospace Development,!-->…
Local Stanbic, Citibank, Rand lead $1bn capital importation Jul 2, 2024 0 In the fourth quarter of 2023, Nigeria saw a 2.62% increase in capital importation, reaching $1.09 billion,!-->…
Business Nigeria’s N121.6trn Debt Exceeds 50% GDP Jul 2, 2024 0 PricewaterhouseCoopers International Limited (PWC) has reported that Nigeria's public debt soared to N121.67!-->…