Market Bank of Japan opens door for a hawkish double surprise Jun 25, 2024 0 The Bank of Japan (BOJ) is signaling a potentially larger quantitative tightening (QT) plan in July, accompanied!-->…
Business FG tackles revenue leakage, deploys Central Disbursement Solutions Jun 25, 2024 0 The Federal Government of Nigeria is launching a new revenue management system called 'Revenue Assurance and!-->…
Crypto Crypto Traders Lose Over $280m Jun 25, 2024 0 The cryptocurrency market is facing significant losses after its second-worst weekly decline in 2024, with!-->…
Business Annual Report: NGX Slams N76.8m Fine On 9 Firms Jun 25, 2024 0 The Nigerian Exchange Limited (NGX) has fined nine listed companies a total of N76.8 million for failing to submit!-->…
Business Flutterwave Lays Off 30 Employees Jun 25, 2024 0 African payments giant Flutterwave has laid off about 30 employees, approximately 3% of its workforce, as part of!-->…
Business Shoprite to Close Novare Central Mall Branch in Abuja by June 2024 Jun 25, 2024 0 Shoprite Mall has announced it will cease operations at its Novare Central Mall branch in Wuse Zone 5, Abuja,!-->…
Business APM Terminals Recycles Used Tyres Into Footwear Jun 25, 2024 0 Determined to tackle the issue of used tyres littering Lagos, transport and logistics giant APM Terminals has!-->…
investment RT Briscoe To Raise N10bn With Investment Scheme Jun 25, 2024 0 RT Briscoe has launched a flexible investment plan aimed at supporting its 43,000 shareholders, mostly retired!-->…
Market Dangote Oil Refinery Faces Delay in July Launch Due to Crude Shortage Jun 25, 2024 0 Dangote Oil Refinery's much-anticipated entry into the petrol supply market in July might face delays due to a!-->…
Business CBN grants IMTOs naira access to boost remittances Jun 25, 2024 0 The Central Bank of Nigeria (CBN) has announced new measures aimed at enhancing naira liquidity and increasing!-->…
Business BDC Operators Struggle with New CBN Guidelines Jun 25, 2024 0 Bureau De Change (BDC) operators in Nigeria have yet to comply with the new operational guidelines issued by the!-->…
Business Business registration possible in 24 hours, says CAC ambassador Jun 25, 2024 0 The Corporate Affairs Commission (CAC) has introduced a Special Registration Portal (SRP) that enables business!-->…
World US prosecutors recommend Justice Dept. criminally charge Boeing Jun 24, 2024 0 U.S. prosecutors are urging the Justice Department to bring criminal charges against Boeing, alleging the company!-->…
Market Japan warns against rapid FX moves, reiterates readiness for action Jun 24, 2024 0 Japan is prepared to intervene against excessive market movements as the yen approaches 160 to the dollar, top!-->…
Technology Apple’s App Store rules breach EU tech rules, EU regulators say Jun 24, 2024 0 The EU has charged Apple with breaching tech rules by preventing app developers from steering consumers to!-->…
World Deadly Fire at South Korean Lithium Battery Plant Jun 24, 2024 0 A fire broke out at a lithium battery manufacturing plant in Hwaseong, South Korea, on Monday, resulting in!-->…
Local Dangiwa Elected Chair of African Ministers’ Housing Financial Caucus Jun 24, 2024 0 Ahmed Dangiwa, the Minister of Housing and Urban Development, has been elected as the first chairman of the!-->…
Finance FBN Holdings gross earnings soared by 181% in Q1 Jun 24, 2024 0 FBN Holdings reported a significant 181.43% increase in gross earnings to N1.60 trillion for Q1 2024. Interest!-->…
Business Caverton Offshore loss worsens to N12bn Jun 24, 2024 0 Caverton Offshore Support Group's losses after tax worsened by 146.79% to N12.75 billion at the end of 2023,!-->…
Business High food prices persist despite N1.25tn agriculture budget Jun 24, 2024 0 Farmers and stakeholders have criticized the rising food prices in Nigeria, despite the federal government!-->…
Business Naira sells 1,485/dollar as official forex market records $23bn Jun 24, 2024 0 Forex turnover in Nigeria's official market surged to $23.29 billion over six months, driven by Central Bank of!-->…
Banking NOVA Merchant Bank Transitions to Commercial Bank Jun 24, 2024 0 NOVA Merchant Bank Limited has obtained approval to transition into a national commercial bank, announced Phillips!-->…
Business Aiteo resumes production at OML 29 in Bayelsa after oil leak shutdown Jun 24, 2024 0 Aiteo Eastern Exploration and Production Company (AEEPCO) has resumed production at Oil Mining License (OML 29) in!-->…
Business Airport extortion beyond aviation ministry’s control – Keyamo Jun 24, 2024 0 The Minister of Aviation and Aerospace Development, Festus Keyamo, acknowledged that the problem of extortion by!-->…
Business NNPC shifts $700m gas pipeline delivery date to August Jun 24, 2024 0 The Nigerian National Petroleum Company Limited (NNPC) has postponed the completion date of the $700 million!-->…
Business Nigeria Spends $15.55bn on Debt Servicing Over Five Years Jun 24, 2024 0 The Federal Government of Nigeria spent $15.55 billion on debt servicing between 2019 and 2024, according to data!-->…
Business Dangote accuses IOCs of plotting failure of its refinery Jun 24, 2024 0 Devakumar Edwin, Vice President of Oil and Gas at Dangote Industries Limited, has accused International Oil!-->…
Business Protests Erupt in Kenya Over New Tax Increases Jun 24, 2024 0 Protests have erupted across Kenya following the approval of significant tax increases by lawmakers, which have!-->…
Finance China asks Visa, Mastercard to cut card fees, Bloomberg News reports Jun 21, 2024 0 China is advocating for Visa and Mastercard to decrease their bank card transaction fees in the country, aiming to!-->…
Market Chinese automakers retain grip over Southeast Asia’s booming electric car… Jun 21, 2024 0 Electric vehicle (EV) sales in Southeast Asia have more than doubled in the January to March quarter compared to!-->…