Currency Naira recovery now tackle inflation — BDCs Apr 2, 2024 0 The Association of Bureaux de Change Operators of Nigeria has highlighted the positive impact of the naira's!-->…
Energy Electricity tariff hike looms as FG raises gas price Apr 2, 2024 0 The Federal Government has announced an increase in the price of natural gas for power generation companies,!-->…
Commodities Reduced crude oil exports by Nigeria, Iraq cause plunge in OPEC output Apr 2, 2024 0 A recent survey by Reuters revealed a significant drop in oil output by the Organization of Petroleum Exporting!-->…
Business Chams Holdings bounces back with N20.22m profit Apr 2, 2024 0 Chams Holdings Plc, known for providing identity verification solutions, made a remarkable comeback in 2023,!-->…
Business Tension in Lagos as fuel stations shut down over scarcity Apr 2, 2024 0 Several parts of Lagos experienced palpable tension on Monday as a number of fuel stations were shut down due to!-->…
Banking Banks positioned to meet new recapitalization requirements Apr 2, 2024 0 The Association of Corporate & Marketing Communication Professionals of Banks has expressed confidence that!-->…
Banking Four banks delay filing of 2023 audited results Apr 2, 2024 0 Four prominent banks, including United Bank for Africa, Zenith Bank, Stanbic IBTC, and Wema Bank, have disclosed!-->…
Currency Naira appreciates to N1,280 against Dollar on parallel market Mar 29, 2024 0 The naira's upward trajectory continues as the US dollar is currently trading at N1,280 on the parallel market,!-->…
Currency Super-sized liquidity returns to Nigeria’s FX market as daily trades near $1bn Mar 29, 2024 0 Nigeria's foreign exchange market experienced its highest turnover in a single day since 2017 on Thursday, with a!-->…
Business FG directs banks to deduct 0.375% stamp duty on loans Mar 29, 2024 0 The Federal Government has instructed commercial banks in Nigeria to deduct and remit 0.375% on all loans!-->…
Local FG to arraign Binance, 2 others for alleged tax evasion April 4 Mar 29, 2024 0 The Federal Government is set to arraign Binance Holdings Limited and its top officials, Tigran Gambaryan and!-->…
Business CBN sells N1.64 trillion in treasury bills as higher interest rates attract… Mar 29, 2024 0 The Central Bank of Nigeria (CBN) successfully conducted an auction of Nigerian Treasury Bills (NTBs) on March 27,!-->…
Business Crypto tycoon Sam Bankman-Fried sentenced to 25 yrs in prison Mar 29, 2024 0 Sam Bankman-Fried, the disgraced cryptocurrency prodigy, received a 25-year prison sentence on Thursday following!-->…
Business Oando PLC suspended from Johannesburg stock exchange over financial reporting… Mar 29, 2024 0 Oando PLC, a prominent Nigerian energy company listed on the Nigerian Exchange Limited (NGX) and the Johannesburg!-->…
Business Daily FX turnover jumps to record $857 million Mar 29, 2024 0 On Thursday, March 28th, the daily forex turnover reached a remarkable $857 million, marking the highest level!-->…
Breaking CBN Increases capital base for commercial banks to N500- N200 billion Mar 29, 2024 0 In a sweeping financial reform announced on Thursday, March 28, 2024, the Central Bank of Nigeria (CBN) has raised!-->…
Africa South Africa’s producer inflation slows to 4.5% Mar 29, 2024 0 Statistics South Africa reported that South Africa's producer inflation rate eased to 4.5% year-on-year in!-->…
Business NNPC denies reports of fuel price adjustment Mar 28, 2024 0 The Nigerian National Petroleum Company Limited (NNPC Ltd) clarified that recent reports suggesting a price change!-->…
Business Presco and Okomu Oil Palm companies eeport profit growth Mar 28, 2024 0 Data compiled by BusinessDay reveals that the combined profit of Presco Plc and Okomu Oil Palm Company Plc surged!-->…
Currency Naira strengthens as dollar supply increases at official market Mar 28, 2024 0 Following the Central Bank of Nigeria's (CBN) decision to raise key interest rates, the Naira has seen further!-->…
Local CBN sends strong signals with interest rate hike Mar 28, 2024 0 Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), sent two significant messages to the investor!-->…
Business 2m youths to be trained in Wema Bank/FGN-ALAT programme Mar 28, 2024 0 Wema Bank has introduced the second cohort for the FGN-ALAT Digital Skillnovation Programme, in collaboration with!-->…
investment Huawei partners with banks, revolutionize finance Mar 28, 2024 0 Leading banks in Nigeria, including Access, Zenith, and UBA, gathered in Lagos for the Huawei Finance Congress,!-->…
Local Protesters block PH airport entrance over lack of amenities Mar 28, 2024 0 Residents of Omagwa and Ipo communities in Rivers State staged a protest at the entrance of the Port Harcourt!-->…
Maritime Caverton Injects N1bn In Local Boat Building Mar 28, 2024 0 Caverton Offshore Support Group has disclosed its investment of approximately N1 billion in in-country boat!-->…
Business Leadership dispute emerges at Eko DisCo Mar 28, 2024 0 A dispute over leadership has arisen at the Eko Electricity Distribution Company (EKEDC), with conflicting!-->…
Business Dangote, Elumelu, Rabiu, others make Tinubu’s economic team Mar 28, 2024 0 President Bola Tinubu has given the green light for the establishment of two crucial bodies aimed at addressing!-->…
Local Make Report Of Betta Edu Probe Public – Group Mar 28, 2024 0 The Youths Vanguard For Democracy and Good Governance has urged President Bola Tinubu to ensure transparency in!-->…
World China will be a driving force for the world economic recovery, official says Mar 28, 2024 0 China is poised to play a pivotal role in driving global economic recovery this year, according to Zhao Leji, the!-->…
Africa UAE’s IRH plans bid for stake in Zambia’s Lubambe copper mine Mar 28, 2024 0 In the fourth quarter of 2023, South Africa experienced a decrease in foreign direct investment (FDI) inflows,!-->…