Business PremiumTrust Bank posts N47.8b gross earnings Sep 3, 2024 0 PremiumTrust Bank achieved gross earnings of N47.80 billion and a profit before tax of N14.10 billion in 2023, as!-->…
Business Nigeria’s manufacturing sector plunges as GDP contribution declines by 20.95% in 6… Sep 3, 2024 0 Nigeria's manufacturing sector has seen a significant decline in its contribution to the nation's GDP, dropping by!-->…
Local Equities market resumes September bullish, investors gain N123bn Sep 3, 2024 0 The Nigerian equities market kicked off September on a bullish note, with investors’ wealth growing by N123.45!-->…
Local NCAA Clarifies Misconception Of U.S. Flight Ban For Nigerian Airlines Sep 3, 2024 0 The Nigeria Civil Aviation Authority (NCAA) has addressed recent reports claiming a U.S. ban on Nigerian airlines,!-->…
Business DMO opens September bonds offer with 18.2% interest Sep 3, 2024 0 The Federal Government of Nigeria, through the Debt Management Office (DMO), has launched its September 2024!-->…
Energy Petrol scarcity: No respite as marketers run out of stock amid slump in imports Sep 3, 2024 0 Nigeria's petrol scarcity crisis has deepened, with fuel marketers struggling to replenish their dwindling stock!-->…
Crypto WazirX hacker moves $6.5 million in Ethereum to under fire mixer Tornado Cash Sep 3, 2024 0 India’s largest cryptocurrency exchange, WazirX, has suffered a devastating security breach, resulting in the!-->…
Business UK’s Aviva conspired to dodge India compensation and tax rules, agency says Aug 30, 2024 0 The Indian tax agency has accused British insurer Aviva of breaching local regulations on sales commissions!-->…
Market Futures extend gains after inflation data Aug 30, 2024 0 U.S. stock index futures continued their upward trend on Friday, bolstered by a key inflation report that showed!-->…
Business Oil prices face pressure from slow China demand and inventory rise Aug 30, 2024 0 Oil price forecasts for 2024 have been downgraded due to weak fuel demand from China, the world's top importer,!-->…
Stock US regulator finds banks have work to do on climate risk, sources say Aug 30, 2024 0 Global stock markets surged on Friday, heading for a fourth straight month of gains, driven by positive U.S.!-->…
Market Equity market reverses loss with N117bn gain Aug 30, 2024 0 The Nigerian Stock Exchange (NSE) rebounded on Thursday, recovering from the previous day's losses as investors!-->…
Business Manufacturing grows by 1.28% Aug 30, 2024 0 In the second quarter of 2024, Nigeria's manufacturing sector recorded a year-on-year growth of 1.28%, according!-->…
Banking CBN lifts suspension on bank borrowing, sets 31.75% lending rate Aug 30, 2024 0 The Central Bank of Nigeria (CBN) has reinstated access to its Standing Lending Facility (SLF) following the!-->…
Local Reps Uncover Over N500b In Unused TETFund For Nigerian Universities Aug 30, 2024 0 The House of Representatives has pledged to address the challenges preventing Nigerian tertiary institutions from!-->…
Business OVH Acquisition: CAC dissolves NNPC retail, Nueoil Aug 30, 2024 0 The Corporate Affairs Commission (CAC) has dissolved NNPC Retail, the downstream arm of the Nigerian National!-->…
Business NCC uncovers 100,000 SIM cards linked to one individual Aug 30, 2024 0 The Nigerian Communications Commission (NCC) has uncovered a shocking case where over 100,000 Subscriber!-->…
Business NNPC absorbing actual costs of petroleum products, says Tonye Cole Aug 30, 2024 0 Tonye Cole, co-founder of Sahara Group, has highlighted the significant pressure on the Nigerian National!-->…
Business Concerns as Emirates opens ticket booking in dollars Aug 30, 2024 0 Stakeholders in Nigeria’s travel industry have expressed concern over Emirates' decision to price tickets on!-->…
Business Africa’s poverty is man-made, not an act of God – Obasanjo Aug 30, 2024 0 Former Nigerian President Olusegun Obasanjo recently highlighted the man-made nature of poverty in Africa,!-->…
Business NUPRC rejects Shell’s $1.3bn onshore asset sale to Renaissance Aug 30, 2024 0 The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reportedly rejected Shell International Plc's!-->…
Business Birkenstock misses profit estimates as expansion plan hits margins Aug 29, 2024 0 Birkenstock missed quarterly profit expectations, with its shares dropping 12% in premarket trading. The!-->!-->!-->…
Business China will not impose anti-dumping measures on EU brandy, for now Aug 29, 2024 0 Beijing has decided not to impose provisional tariffs on European Union brandy despite finding that it was sold!-->…
Business Exclusive: US government funding yielded hundreds of patents for China-based… Aug 29, 2024 0 Research funded by the U.S. Defense Department, NASA, and other government agencies has resulted in over 1,000!-->…
Business Aviation minister signs MoU with Boeing to facilitate aircraft acquisition Aug 29, 2024 0 Nigeria's Minister of Aviation and Aerospace Development, Festus Keyamo, signed a strategic Memorandum of!-->…
Market Nigeria, Germany target over $500mn in energy deals in 2024 Aug 29, 2024 0 Nigeria and Germany plan to surpass last year’s $500 million in energy deals by targeting even larger agreements!-->…
Business Nigerian oil grades maintain premium status, Cast light on economy Aug 29, 2024 0 Nigeria's Brass River, Bonny Light, and Qua Iboe crude oils have surged above the Brent Crude benchmark due to!-->…
Currency BREAKING: Currency outside bank drops to N3.66 trillion in July, biggest fall in… Aug 29, 2024 0 In July 2024, the amount of currency outside Nigeria's banking system decreased to N3.66 trillion, marking a 3.32%!-->…
Energy EKEDC disconnects power supply from UNILAG Aug 29, 2024 0 Eko Electricity Distribution Company (EKEDC) has disconnected the University of Lagos (UNILAG) from the power!-->…
Trade Nigeria, Belgium deepen bilateral ties Aug 29, 2024 0 The Nigerian Ports Authority (NPA) and the Kingdom of Belgium have agreed to strengthen their bilateral!-->…