Banking UBA Announces Over N2trn Revenue, N607.69bn Profit May 27, 2024 0 The United Bank for Africa (UBA) has announced a stellar performance for the 2023 financial year, achieving record!-->…
Stock MPC: Stock investors maintain cautious stance, lose N290bn May 27, 2024 0 Nigerian stock market investors are feeling the pinch after the recent Monetary Policy Committee (MPC) meeting.!-->…
Business NECA Rejects N500,000 Minimum Wage Demand May 27, 2024 0 The Nigeria Employers' Consultative Association (NECA) has rejected the Nigerian Labour Congress' (NLC) demand for!-->…
Business Consumers fault Discos as meter price hits N147,000 May 27, 2024 0 Nigerians are facing a new challenge in their quest for prepaid electricity meters. Following deregulation by the!-->…
Finance Walmart Ditches Capital One as Credit Card Issuer After Service Issues May 24, 2024 0 Walmart is severing its partnership with Capital One, which issued its store-branded credit cards since 2019. This!-->…
Health Lilly invests further $5.3 bln in new Indiana site as obesity drug demand soars May 24, 2024 0 Eli Lilly is making a massive investment to address surging demand for its weight-loss and diabetes drugs,!-->…
Business US equity funds see massive weekly inflows on rate cut expectations May 24, 2024 0 US equity funds saw a significant inflow of capital in the week ending May 22nd. This surge, totaling $9.9!-->…
Business US Stocks Mixed: Tech Buoyed by Nvidia, But Inflation Worries Drag on Gains May 24, 2024 0 US stocks opened higher on Friday, but the rally looks unlikely to sustain as the week draws to a close. The Dow!-->…
Business Exiled Chinese Businessman Miles Guo Faces Fraud Trial in New York May 24, 2024 0 Miles Guo, a Chinese businessman living in exile, is set to go on trial in Manhattan for allegedly defrauding!-->…
Business Fed Governor Hints at Higher Borrowing Costs May 24, 2024 0 Federal Reserve Governor Christopher Waller has sparked discussions about a possible change in the interest rate!-->…
Local Brazil’s Petrobras approves Chambriard as new CEO May 24, 2024 0 Brazil's state-owned oil giant Petrobras has a new leader: Magda Chambriard. Her appointment follows the!-->…
Business CBN’s 26.25% interest rate will compound high cost of doing business in Nigeria –… May 24, 2024 0 The Manufacturers Association of Nigeria (MAN) is expressing strong concerns over the Central Bank of Nigeria's!-->…
Business Landmark Beach Demands N42 Billion Compensation After Demolition May 24, 2024 0 The management of Landmark Beach is seeking N42 billion in compensation from the Nigerian Federal Government!-->…
investment Government Invests N110 Billion in Young Entrepreneurs May 24, 2024 0 The Nigerian government has announced a significant investment in young entrepreneurs. The Federal Executive!-->…
Fintech Nvidia Co-Founder Surpasses Walmart Waltons in Wealth May 24, 2024 0 Jensen Huang, co-founder of Nvidia, has become a symbol of the booming tech industry's growing influence. Thanks!-->…
Finance AfDB Pours $1.44 Billion into Nigeria’s Infrastructure Development May 24, 2024 0 The African Development Bank (AfDB) is stepping up its support for Nigeria's infrastructure needs with a!-->…
Local Social economic problems may push 51.6% males to migrate — NBS survey May 24, 2024 0 A new report by the National Bureau of Statistics (NBS) paints a concerning picture of potential migration!-->!-->!-->…
Commodities Prices of basic food items rise 140% — NBS May 24, 2024 0 Nigerians are facing a significant rise in food prices, according to the latest report by the National Bureau!-->!-->!-->…
investment Dangote Calls for More Investment in Africa’s Industries, Not Just Resources May 24, 2024 0 Aliko Dangote, president of Dangote Industries Limited, is urging increased investment in African industries.!-->…
Commodities Kerosene Prices Jump to N1,439.64/ltr: North Central Hit Hardest May 24, 2024 0 The cost of kerosene, a vital fuel for many Nigerian households, has risen significantly. According to the!-->!-->!-->…
Business Manufacturer’s Confidence on the Rise in Nigeria May 24, 2024 0 Nigeria's manufacturing sector is showing signs of optimism for the first time in nearly two years. A survey by!-->…
Investing Ajaokuta steel revival attracts $10 billion investment, says Minister Audu May 24, 2024 0 There's good news for Nigeria's steel industry! The government has reportedly secured potential investments!-->…
Market Google Eyes HubSpot Acquisition to Challenge Microsoft in Cloud Software May 23, 2024 0 Google's parent company, Alphabet, is reportedly considering acquiring HubSpot, a marketing software company!-->…
Business Boeing faces ‘long road’ on safety issues, US FAA says May 23, 2024 0 The head of the Federal Aviation Administration (FAA) has cast doubt on Boeing's ability to quickly resolve safety!-->…
Business BHP Determined to Seal Anglo American Deal Despite Concerns May 23, 2024 0 BHP, the world's largest mining company, remains committed to its proposed takeover of Anglo American. Despite!-->…
Business Tier-1 Nigerian banks earn N392 billion from electronic business May 23, 2024 0 Nigeria's top tier-1 banks are reaping significant rewards from the growing popularity of electronic transactions.!-->…
Market International Breweries Gets SEC Nod for N588 Billion Rights Issue to Ease Debt… May 23, 2024 0 International Breweries has secured approval from the Nigerian Securities Exchange Commission (SEC) to proceed!-->…
Business Nigerian businesses need single-digit interest rate to grow economy – CPPE May 23, 2024 0 Nigeria's central bank (CBN) has raised interest rates for the third time in 2024, in a bid to control high!-->…
Business Techstars CEO Maëlle Gavet Steps Down Due to Health Reasons May 23, 2024 0 Techstars CEO Maëlle Gavet announced her resignation from the company, effective at the end of May, citing health!-->…
Business BoI Disburses N496bn To MSMEs, Creates 2m Jobs May 23, 2024 0 Nigeria's Bank of Industry (BoI) defied economic downturn by disbursing N496 billion to bolster Micro, Small and!-->…