Business What Exactly Is Cardoso Doing At The CBN Sep 20, 2024 0 Yemi Cardoso is marking his first year as Governor of the Central Bank of Nigeria (CBN) amid tough economic!-->…
Energy 11 plc, Total Energies, AA. Rano, others pay N766 to lift Dangote petrol Sep 20, 2024 0 Petroleum marketers like 11plc, Total Energies, and AA Rano have started lifting petrol from Dangote Refinery!-->…
Agriculture Jega Submits Recommendations For Livestock Reforms To Tinubu Sep 20, 2024 0 Former INEC Chairman, Prof. Attahiru Jega, has presented a 152-page report to President Bola Tinubu, detailing!-->…
Business World Bank to approve $1.5bn loan to Nigeria by September 26 Sep 20, 2024 0 The federal government is poised to secure a $1.5 billion loan from the World Bank, with approval expected on!-->…
Banking Sterling Holdco boosts recapitalisation with N75b capital Sep 19, 2024 0 Sterling Financial Holdings Company (Sterling Holdco) has successfully raised N75 billion to support the!-->…
Business Nigerian Customs Apapa Command hits record N1.5 trillion revenue in 9 months Sep 19, 2024 0 The Nigeria Customs Service (NCS) recorded significant growth in revenue with ₦277.5 billion in import duties and!-->…
Commodities Canada tightens foreign worker eligibility, reduces study permit issuance by 10%… Sep 19, 2024 0 The Canadian government will reduce the issuance of study permits by 10% for 2025, lowering the cap from 485,000!-->…
Business Over $500 million investment attracted through Public-Private Partnership projects… Sep 19, 2024 0 The Nigerian government, through the Infrastructure Concession Regulatory Commission (ICRC), has attracted over!-->…
investment Dapo Abiodun announces $5 million UK battery plant investment in Ogun State Sep 19, 2024 0 The Ogun State Government has announced the establishment of a $5 million battery recycling plant by a British!-->…
Business We inherited N13 billion unpaid pension, gratuity arrears in Zamfara – Governor… Sep 19, 2024 0 Governor Dauda Lawal of Zamfara State revealed that his administration inherited N13 billion in unpaid pensions!-->…
Currency Naira gains N116.84 on increased dollar supply Sep 19, 2024 0 The Nigerian naira appreciated by 7.59% against the U.S. dollar on Wednesday, closing at N1,539.65 in the!-->…
Crypto Regulatory clampdown fails to drown crypto excitement Sep 19, 2024 0 Nigeria has retained its number two spot on the 2024 Global Crypto Adoption Index, trailing only India, according!-->…
Business With Fed’s rate cut at hand, debate swirls over how big a move Sep 18, 2024 0 As the U.S. Federal Reserve prepares to begin its rate-easing cycle, investors and analysts predict that future!-->…
Business EU court confirms Qualcomm’s antitrust fine, with minor reduction Sep 18, 2024 0 Europe's second-highest court upheld a European Commission antitrust fine against U.S. chipmaker Qualcomm for!-->…
Business Teamsters to meet on Wednesday to consider potential US presidential endorsement Sep 18, 2024 0 The Teamsters executive board is meeting in Washington on Wednesday to decide its endorsement for the 2024 U.S.!-->…
Business Exclusive: Commerzbank poised to put CFO Orlopp in charge of talks with UniCredit Sep 18, 2024 0 Commerzbank is set to appoint CFO Bettina Orlopp to lead discussions with UniCredit, following the Italian bank's!-->…
Local CBN pegs BDC forex sales at $5,000 Sep 18, 2024 0 The Central Bank of Nigeria (CBN) has introduced a new policy limiting the foreign exchange cash sales by Bureau!-->…
Local FG, states, LGs shared N1.2tn in August – FAAC Sep 18, 2024 0 The Federal Accounts Allocation Committee (FAAC) has disbursed N1.2 trillion in revenue earned in August 2024 to!-->…
Market Three marketers to import 141m-litres petrol Sep 18, 2024 0 Three major oil marketers are set to import about 141 million litres of Premium Motor Spirit (PMS) into Nigeria!-->…
Business N599bn rights issue to cut FX losses, says NB Sep 18, 2024 0 Nigerian Breweries Plc has announced plans to reduce its foreign exchange (forex) losses and local debt burden!-->…
investment Executive Order: Tinubu eyes $2.5bn investments Sep 18, 2024 0 President Bola Tinubu has signed five executive orders to encourage investment in Nigeria's oil and gas sector.!-->…
Business Emirates’ bookings slow on dollar charges, visa – Travel agents Sep 18, 2024 0 Travel agents in Nigeria report that bookings for Emirates flights have slowed down despite the airline's!-->…
Banking CBN to fine banks delaying customers’ complaints resolution Sep 18, 2024 0 The Central Bank of Nigeria (CBN) has introduced stringent measures against commercial banks, payment service!-->…
Business Tinubu never asked CBN Gov, Cardoso to resign – Presidency Sep 18, 2024 0 The Presidency has clarified that President Bola Tinubu has not requested Yemi Cardoso to resign from his position!-->…
Local Naira falls to N1,656 at I&E Window amid volatility, but hope for recovery… Sep 18, 2024 0 The naira weakened to N1,656.49 per dollar at the official exchange window on September 17, 2024, marking a 7.12%!-->…
Market Dangote’s 1,200km gas pipeline abandonment was a business decision, not govt… Sep 18, 2024 0 The Ministry of Petroleum Resources (Gas) has clarified that Dangote Group's decision to abandon a proposed!-->…
Local Stock Market Gains N607 Billion, Boosted by Access, MTN Sep 17, 2024 0 The Nigerian equity market recorded a significant gain of N607 billion in market capitalization last week,!-->…
Business Inflation drops to 32% despite petrol price hike — NBS Sep 17, 2024 0 Nigeria’s inflation rate fell to 32.15% in August 2024, marking a 1.25% drop from July's 33.40%. However, the rate!-->…
Banking Banks sack 49 employees over fraud in Q2 Sep 17, 2024 0 Nigerian banks terminated 49 staff members for involvement in fraudulent activities between April and June 2024,!-->…
Business IPPIS not compromised –FG assures Sep 17, 2024 0 The Office of the Accountant General of the Federation (OAGF) has assured Nigerians that the personal data of!-->…