Business BoI boosts funding with Euro 1.43b global loan syndication Sep 6, 2024 0 The Bank of Industry (BOI) has successfully raised €1.43 billion in a global loan syndication, marking a 142.5%!-->…
Energy Nigeria targets 30GW power supply by 2030 Sep 6, 2024 0 Nigeria's Minister of Power, Adebayo Adelabu, has announced that the country is committed to achieving universal!-->…
Business Unity Bank restores service, begins duty collection Sep 6, 2024 0 Unity Bank Plc has announced the restoration of its services and readiness to collect customs duties from licensed!-->…
Business Operators sue govt as PoS registration deadline ends Sep 6, 2024 0 The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has taken legal action against the Corporate!-->…
Business United Capital Trustees gets new CEO Sep 6, 2024 0 United Capital Trustees, a subsidiary of United Capital Plc, has appointed Michael Thomas as its new Managing!-->…
Business Tax expert cautions FG against implementing 10 per cent VAT Sep 6, 2024 0 Former Ogun State Commissioner for Finance, Mrs. Morenike Babington-Ashaye, has cautioned the Federal Government!-->…
Business PFAs diversify assets as equity stake jumps 40% Sep 5, 2024 0 Nigeria's Pension Fund Administrators (PFAs) have increased their equity investments by 40% in just one year,!-->…
Crypto Why We Approved Crypto Exchanges- SEC Sep 5, 2024 0 The Securities and Exchange Commission (SEC) of Nigeria recently approved two cryptocurrency exchanges, Busha!-->…
Business Delisting: Shareholders’ stance unchanged amid PZ Cussons’ N28bn negative equity Sep 5, 2024 0 Shareholders of PZ Cussons Nigeria are pushing back against the company’s plan to delist from the Nigerian!-->…
Africa Sub-Saharan Africa to make 25% of global workforce – Report Sep 5, 2024 0 Shareholders of PZ Cussons Nigeria are pushing back against the company’s plan to delist from the Nigerian!-->…
Business Yield-hungry investors subscribe Nigerian Treasury Bills with N1.13 trillion Sep 5, 2024 0 Investor interest in Nigerian Treasury Bills (NTBs) surged at the recent auction held on September 4, 2024, as!-->…
Stock Europe stocks mixed after three straight declines; U.S. jobs data in focus Sep 5, 2024 0 European stock markets opened Thursday on a mixed note, extending a negative trend despite hitting record highs!-->…
Business Shettima inaugurates $115m upgrade of APM terminals west Africa container terminal Sep 5, 2024 0 Vice President Kashim Shettima officially inaugurated a $115 million upgrade project at the West Africa Container!-->…
Business Nigerian PMI Report: August Sees First Economic Expansion in Over a Year Sep 5, 2024 0 In August 2024, Nigeria's Purchasing Managers' Index (PMI) showed its first economic expansion in 13 months. The!-->…
Business Sub-Saharan Africa to make 25% of global workforce – Report Sep 5, 2024 0 A new report from Bridgewater Associates, Global Citizen, and Harith General Partners reveals that Sub-Saharan!-->…
Business Nigeria’s exchange rate weakens to N1,625.88/$1, worst in six months Sep 5, 2024 0 On August 4, 2024, the naira fell to a six-month low of N1,625.88 per dollar in the official NAFEM market, marking!-->…
Business $500m domestic dollar bond result expected Friday Sep 4, 2024 0 The Federal Government of Nigeria is set to announce the results of its $500 million domestic US dollar bond by!-->…
Business Petrol price hike: NLC cries foul, threatens strike Sep 4, 2024 0 The Nigeria Labour Congress (NLC) has called on the federal government to immediately reverse the recent increase!-->…
Business Sovereign Trust Insurance pays N1.9bn claims in H1 Sep 4, 2024 0 Sovereign Trust Insurance Plc has reported disbursing N1.9 billion in claims during the first half of 2024. The!-->…
Business Power generation hits 5,313MW, first time in three years Sep 4, 2024 0 Nigeria's power generation surged to a three-year high of 5,313 megawatts on Monday, according to the Federal!-->…
Business Air cargo demand rises by 13.6% – IATA Sep 4, 2024 0 The International Air Transport Association (IATA) reported a 13.6% increase in global air cargo tonne-kilometres!-->…
Business Virgin Atlantic begins Accra-London flight Sep 4, 2024 0 Virgin Atlantic has announced the re-launch of its daily flights between Accra, Ghana, and London Heathrow,!-->…
Business Oando director resigns Sep 4, 2024 0 Oando Plc has announced the resignation of Mr. Tanimu Yakubu as a non-executive director, following his decision!-->…
Business World stocks tiptoe, dollar holds as investors await US data Sep 3, 2024 0 World stocks held steady on Tuesday while the dollar remained near a two-week high as investors awaited crucial!-->…
Business EV firm Polestar taps former Stellantis finance executive as CFO Sep 3, 2024 0 Polestar announced the appointment of Jean-Francois Mady, a former Stellantis finance executive, as its new CFO,!-->…
Technology Apple to switch to OLED displays for all upcoming iPhones from 2025, Nikkei… Sep 3, 2024 0 Apple plans to use OLED displays for all iPhone models starting in 2025, according to Japan's Nikkei. This shift!-->…
Business Cathay Pacific inspections find 15 A350s need engine parts replaced Sep 3, 2024 0 Cathay Pacific Airways announced it has inspected its entire Airbus A350 fleet after a critical engine component!-->…
Business Asian markets slip amid economic worries Sep 3, 2024 0 Asian markets fell on Tuesday as investors anticipated the upcoming U.S. jobs report, which is expected to!-->…
Business ‘It’s falsehood,’ FG denies ordering NNPC to raise fuel price Sep 3, 2024 0 The Federal Government has refuted claims suggesting that the Ministry of Petroleum Resources ordered the Nigerian!-->…
Business NGX, UNIMAID Sign Strategic Partnership to Promote Capital Market Education Sep 3, 2024 0 The Nigerian Exchange (NGX) and the University of Maiduguri (Unimaid) have signed a Memorandum of Understanding!-->…