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Ekemini Uba 4252 posts 0 comments

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…
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NIGERIA

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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

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Business

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

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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
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