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  • Ekemini Uba
  • Page 73

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Ekemini Uba 4252 posts 0 comments

Energy

Oil production rose to 1.35mbpd in August – OPEC

Sep 11, 2024 0
Nigeria’s crude oil production increased from 1.307 million barrels per day (mbpd) in July to 1.352 mbpd in…
Business

Kuda launches virtual PoS for SMEs

Sep 11, 2024 0
Kuda, through its Kuda Business platform, has launched virtual and physical point-of-sale (PoS) products aimed at…
Banking

FG eyes slice of OPay, Palmpay N46tn transactions

Sep 11, 2024 0
The Nigerian government is set to implement a new Electronic Money Transfer Levy (EMTL) from September 9, 2024. …
Local

Boon for Nigeria as Shell’s $1.3bn assets sale gets regulatory nod

Sep 11, 2024 0
Shell International Plc has secured approval from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to…
World

BMW trims 2024 profit margin on technical issues, weak China demand

Sep 10, 2024 0
BMW has revised its profitability forecast for 2024, now expecting an EBIT margin of 6% to 7% instead of the…
Business

Google loses fight against $2.7 billion EU antitrust fine

Sep 10, 2024 0
Google has lost its appeal against a €2.42 billion fine from the European Commission for unfairly promoting its…
Business

EU’s Vestager triumphs in crackdown on Apple’s tax deal,…

Sep 10, 2024 0
EU antitrust chief Margrethe Vestager celebrated two major victories as the European Court of Justice upheld fines…
Business

US small business sentiment ebbs in August amid rising uncertainty

Sep 10, 2024 0
Small-business confidence in the U.S. fell in August, reversing July’s gains due to growing uncertainty ahead of…
Business

Huawei seeks to steal spotlight from Apple with launch of $2,800 tri-fold…

Sep 10, 2024 0
Huawei launched its $2,800 tri-foldable Mate XT smartphone just hours after Apple's iPhone 16 debut, positioning…
Trade

Nigeria, China sign $3.3 billion deal for brass industrial park

Sep 10, 2024 0
Nigeria and China have signed a $3.3 billion agreement to develop the Brass Industrial Park and Methanol Complex…
Business

Forex crisis crashes border trade by 80% – Operators

Sep 10, 2024 0
Licensed customs agents operating at Nigeria’s land borders have reported a significant 80% decline in trade…
Agriculture

Agriculture led company income tax with 474.50% in Q2 2024 – NBS report

Sep 10, 2024 0
Nigeria's agricultural sector led the growth in Company Income Tax (CIT) during the second quarter of 2024,…
Business

Electricity DisCos collects N150 billion as revenue in June- NERC  

Sep 10, 2024 0
In June 2024, electricity distribution companies (DisCos) across Nigeria collected N150.86 billion, achieving an…
Business

Wike signs MoU with Chinese engineering firms for electricity and water projects…

Sep 10, 2024 0
The Federal Capital Territory (FCT) Minister, Nyesom Wike, has formalized a Memorandum of Understanding (MoU) with…
Business

Japaul Gold & VenturesLists N20bn Worth of Shares on NGX

Sep 10, 2024 0
Japaul Gold & Ventures Plc has received approval from the Securities & Exchange Commission (SEC) for a…
Africa

Banks begin charging up $20 as fees on foreign currency accounts

Sep 10, 2024 0
Several commercial banks in Ghana have reintroduced charges on foreign exchange accounts, with fees reaching up to…
Business

T-bills target missed for 9th consecutive time; auction falls by GH₵755m

Sep 10, 2024 0
This week, the Ghanaian government fell short of its money market auction target by GH₵755 million, securing…
Business

Secured Loans surge to Gh¢10.8bn in Q2 2024

Sep 10, 2024 0
In the second quarter of 2024, the total value of secured loans granted by banks and Specialized Deposit-Taking…
Business

CBN Boosts Forex Liquidity, Sells Dollars To BDCs At N1,580

Sep 9, 2024 0
The Central Bank of Nigeria (CBN) has injected liquidity into the foreign exchange market by selling US dollars to…
Business

Company Income Tax revenue rises 151% in Q2 2024 to N2.47 trillion

Sep 9, 2024 0
Nigeria's Company Income Tax (CIT) skyrocketed by 150.83% in Q2 2024, reaching N2.47 trillion compared to N984.61…
Business

Transcorp Hotels Named Best Hospitality Service Provider

Sep 9, 2024 0
Transcorp Hotels Plc, listed on the Nigerian Exchange (NGX), has been honoured as the Best Hospitality Service…
Business

Atiku slams Tinubu admin on VAT raise, warns of worsening economic crisis

Sep 9, 2024 0
Former Vice President Atiku Abubakar has condemned the recent Value Added Tax (VAT) increase from 7.5% to 10%,…
Banking

CBN Raises N9.27tn via NTBs as Investors Seek Longer Maturities, Higher Returns

Sep 9, 2024 0
The Central Bank of Nigeria (CBN) successfully raised N9.27 trillion from Nigerian Treasury Bills (NTBs) across…
Business

Economic Insight: 50% electricity subsidy for public hospitals and educational…

Sep 9, 2024 0
In the 21st century, a nation's wealth is measured by its human capital—its people's education, healthcare, and…
Market

European markets start the week on a positive note

Sep 9, 2024 0
On August 28, 2024, European markets opened higher, with the pan-European Stoxx 600 index gaining 0.67% in early…
Business

Stock market returns bearish amid increase in price of petrol

Sep 9, 2024 0
The Nigerian stock market closed bearish last week, impacted by a sharp rise in petrol prices, which surged from…
Business

Nigeria’s SEC to begin crackdown on unregulated crypto exchanges, others 

Sep 9, 2024 0
The Securities and Exchange Commission (SEC) of Nigeria has announced that it will soon begin enforcement actions…
Breaking

Investors’ Negative Sentiment Drags Stock Market YtD Performance to 28.97%

Sep 9, 2024 0
The Nigerian stock market has experienced a decline, with the Year-to-Date (YtD) performance dropping to 28.97%…
Business

As multinationals exit, these Nigerian companies are spending billions on…

Sep 9, 2024 0
Nigeria is experiencing a notable exit of companies due to economic challenges and reforms in energy and forex…
Local

Only Nigerians with NIN can buy ₦40,000 rice – FG

Sep 6, 2024 0
The Federal Government has launched the sale of 30,000 metric tonnes of subsidised milled rice, requiring buyers…
Older Posts
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Recent Posts

NGX Market Capitalisation Rises by N923 Billion as YTD…

Mar 16, 2026

Nigeria Must Halt Petrol Imports to Protect Forex Reserves,…

Mar 16, 2026

Tinubu Launches Petroleum Reform Taskforce to Unlock $10…

Mar 16, 2026

NUPRC Enforces “Drill or Drop” Rule, Boosting Investor…

Mar 16, 2026
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NIGERIA

Business

Fintech Association Backs CBN Banking Reforms to Strengthen Security and Trust

Mar 16, 2026
Business

Nigeria’s New Tax Reforms to Ease Burden on Workers and Small Businesses

Mar 16, 2026
Business

Nigerian Exchange Market Capitalisation Hits N127.36 Trillion on Weekly Gains

Mar 16, 2026
Business

BUA Cement Stock Surges 51% in 2026 as Investors Bet on Strong Growth

Mar 16, 2026
Prev Next 1 of 3,013

World

Saudi warns of $50 oil if OPEC+ fails to honour cut deal

Oct 3, 2024

Walz, Vance clash at policy-heavy vice presidential debate

Oct 2, 2024

Refugees Contribute $124b To U.S. Economy

Oct 2, 2024
Prev Next 1 of 1,560
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