Business Ecobank repays $500 million eurobond Apr 19, 2024 0 Ayo Adepoju, Group Chief Financial Officer of ETI, highlighted that the Eurobond, issued in April 2019, received!-->…
Business Paddy prices begin to decline Apr 19, 2024 0 Over the past three years, the cost of paddy ranged from N9,000 to N20,000 per 100kg bag, influenced by factors!-->…
Business Google fires 28 employees after protest over Israeli contract Apr 19, 2024 0 Google has terminated the employment of 28 employees following a sit-down protest organized by the group "No Tech!-->…
Business Dangote Refinery utilizes cheaper US oil imports- reports Apr 19, 2024 0 The Dangote Petroleum Refinery, with a capacity of 650,000 barrels per day, is capitalizing on cheaper oil imports!-->…
Local Reps urges SEC and FRC to resolve N45 Billion revenue dispute Apr 18, 2024 0 The House of Representatives Public Accounts Committee has instructed the Securities and Exchange Commission (SEC)!-->…
Business CBN tightens monetary policy, limits banks’ ability to lend Apr 18, 2024 0 In Nigeria, the Central Bank (CBN) is taking steps to control inflation by tightening its monetary policy, but!-->…
Banking Access bank to reward 15,786 customers in DiamondXtra campaign Apr 18, 2024 0 Access Bank has unveiled its Season 16 DiamondXtra campaign, aiming to reward its loyal customers with exciting!-->…
Business Tinubu applauds Dangote Group for diesel price reduction Apr 18, 2024 0 President Bola Tinubu has praised Dangote Oil and Gas Limited for slashing the price of Automotive Gas Oil!-->…
Business Tariff increase to worsen economic instability — private sector Apr 18, 2024 0 The Organised Private Sector (OPSN), composed of prominent Business Membership Organisations (BMOs), has raised!-->…
Business Data shows CBN not defending naira with FX reserves Apr 18, 2024 0 Recent data from FMDQ Securities Exchange reveals that the Central Bank of Nigeria (CBN) has conducted rare!-->…
Business Devaluation woes sweep 1,600 Nigerians off dollar millionaire list Apr 18, 2024 0 A recent report by Henley and Partners, a London investment migration consultancy, has revealed a significant!-->…
Local Shippers council implements e-registration to boost port security Apr 18, 2024 0 The Nigerian Shippers Council (NSC) has announced the introduction of e-registration for regulated port service!-->…
Africa IMF: South Africa needs decisive efforts to cut spending Apr 17, 2024 0 A senior official from the International Monetary Fund (IMF) has highlighted the urgent need for South Africa to!-->…
Technology Social media platform X blocked in Pakistan- Minister Apr 17, 2024 0 Pakistan's interior ministry recently revealed that it blocked access to a social media platform, referred to as!-->…
Business Tesla again seeks shareholder approval for Musk’s 2018 pay voided by judge Apr 17, 2024 0 Tesla (TSLA.O) has requested its shareholders to once again approve CEO Elon Musk's record-breaking $56 billion!-->…
Business Global financial firms lag in monitoring personal messaging apps, survey Shows Apr 17, 2024 0 A survey released on Wednesday revealed that global financial companies are falling behind in monitoring and!-->…
Business United Airlines jumps after results beat ‘dramatically low’… Apr 17, 2024 0 United Airlines (UAL.O) saw a premarket surge of about 5.3% on Wednesday following an optimistic profit forecast!-->…
Business Air Peace now connects passenger from Abuja, Asaba, Enugu others to London Apr 17, 2024 0 Air Peace has expanded its Lagos-London route to include passengers from Abuja, Asaba, Benin, Enugu, Owerri,!-->…
Business CAP records 2.5bn profit- Report Apr 17, 2024 0 Chemical and Allied Products (CAP) Plc, a Nigerian paint and coating company, has announced its highest profit in!-->…
Banking Banks witness 260.9% increase in impaired loans Apr 17, 2024 0 According to data analyzed by BusinessDay, seven listed Nigerian banks, including Zenith Bank Plc, United Bank for!-->…
Business Bread prices rise as currency woes and war squeeze bakeries Apr 17, 2024 0 The Premium Beadmakers Association of Nigeria (PBAN) has identified the volatile exchange rate and Nigeria's!-->…
Currency We now buy dollars at N980, sell at N1020 – BDCs president Apr 17, 2024 0 Aminu Gwadabe, the president of the Association of Bureaux De Change Operators of Nigeria, revealed that BDC!-->…
Business IMF raises Nigeria’s economic growth forecast to 3.3% for 2024 Apr 17, 2024 0 The International Monetary Fund (IMF) has revised Nigeria's economic growth forecast for 2024 upward from three!-->…
Business FG may revoke unused oil well licences amid $30bn loss Apr 17, 2024 0 Concerned about the country's declining oil revenue, the Federal Government has announced intentions to take over!-->…
Business Minister suspends mining activities at OAU and environs Apr 17, 2024 0 Dr. Dele Alake, the Minister of Solid Minerals Development, has ordered an indefinite suspension of mining!-->…
Business NCCA suspends private jets’ commercial operations Apr 17, 2024 0 The Nigerian Civil Aviation Authority (NCAA) has suspended the permits for non-commercial flight licenses of three!-->…
Energy FG Clarifies Recent Electricity Tariff Hike Apr 16, 2024 0 The Nigerian government has explained that the recent increase in electricity tariffs mainly affects a small,!-->…
Business $461m investment gap slows Nigeria’s internet coverage Apr 16, 2024 0 As of January, Nigeria's broadband penetration dropped to 42.53%, with 92.19 million subscriptions in a country of!-->…
Banking UBA expresses confidence in meeting new N500bn capital base Apr 16, 2024 0 United Bank for Africa Plc (UBA) has affirmed its confidence in meeting the new capital base set by the Central!-->…
Local Royal Exchange Rights Issue Falls Short at 75.83% Subscription Apr 16, 2024 0 Royal Exchange Plc, a company offering life assurance, health insurance, and credit financing services, saw its!-->…