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Ekemini Uba 4300 posts 0 comments

Local

China’s robot makers chase Tesla to deliver humanoid workers

Aug 23, 2024 0
China is aggressively advancing in the humanoid robot industry, aiming to rival Tesla in building battery-powered…
Business

Infinity Trust Mortgage Bank plans N50bn capital raise

Aug 23, 2024 0
Infinity Trust Mortgage Bank Plc has unveiled plans to raise N50 billion through private placement to bolster its…
Local

NGX Regco backs FRC on new reporting standards

Aug 23, 2024 0
Olufemi Shobanjo, CEO of NGX Regulation Limited, praised the Financial Reporting Council of Nigeria (FRCN) for its…
Trade

Equity market extends loss by N65bn

Aug 23, 2024 0
The Nigerian equity market continued its downward trend on Thursday, with a loss of N65 billion as the All Share…
Business

FG installs power plants in six federal universities

Aug 23, 2024 0
The Federal Government, through the Rural Electrification Agency (REA), has successfully installed power plants in…
Business

FG deficit rose to N824bn in April – CBN

Aug 23, 2024 0
Nigeria's fiscal deficit increased marginally by 0.1% to N824.79 billion in April 2024, up from N823.91 billion in…
Crypto

Crypto trader turns $1000 into $400,000 trading Tron’s memecoin Sunwukong

Aug 23, 2024 0
The crypto community is abuzz after an anonymous trader, identified as TDm2, transformed a $1,000 investment into…
Technology

TikTok announces industry-first sub-Saharan Africa Safety Advisory Council

Aug 23, 2024 0
TikTok is strengthening its safety initiatives in Sub-Saharan Africa by launching its first Safety Advisory…
Agriculture

FAAN, NAQS forge partnership to boost air agro export

Aug 23, 2024 0
The Federal Airports Authority of Nigeria (FAAN) has teamed up with the Nigerian Agricultural Quarantine Services…
Business

… Says President, Wale Tinubu not involved in OVH acquisition

Aug 23, 2024 0
NNPC Ltd has refuted allegations that President Bola Tinubu or his relative, Wale Tinubu, were involved in the…
Business

Oando finalises $783m acquisition of NAOC

Aug 23, 2024 0
Oando PLC has completed its $783 million acquisition of Nigerian Agip Oil Company (NAOC), Eni’s Nigerian…
Business

Kolomoni MFB appoints MD

Aug 23, 2024 0
Kolomoni Microfinance Bank has announced the appointment of Yusuf Adeojo as its new Managing Director. The…
Business

Shares gain, dollar subdued as Fed readies rate cuts

Aug 22, 2024 0
European stocks saw a slight rise on Thursday, with the STOXX 600 index gaining 0.3%, supported by retail stocks. …
Business

Euro zone business activity gets boost from Olympics, PMI shows

Aug 22, 2024 0
Euro zone business activity showed unexpected strength in August, with the composite PMI rising to 51.2 from…
Business

Germany plans majority stake in cruise ship builder, sources say

Aug 22, 2024 0
The German government, along with the state of Lower Saxony, plans to take a temporary majority stake in Meyer…
Business

NBA Urges Full Support for Dangote Refinery to End Fuel Scarcity in Nigeria

Aug 22, 2024 0
The Nigerian Bar Association (NBA) has called for the full implementation of President Bola Ahmed Tinubu's…
Trade

U.S. to Partner with Nigeria on Chemical Weapons Convention for ECOWAS

Aug 22, 2024 0
The U.S. government has announced plans to collaborate closely with Nigeria to lead discussions on implementing…
Business

FRC to tackle audit failures with new initiative

Aug 22, 2024 0
The Financial Reporting Council of Nigeria (FRC) has reinforced its commitment to enhancing audit oversight and…
Business

NCC orders telcos to block SIM cards 5 minutes after they are reported stolen

Aug 22, 2024 0
The Nigerian Communications Commission (NCC) has issued a directive requiring all telecommunications companies to…
Business

Crude sales in naira’ll exacerbate FX crisis, oil producers warn

Aug 22, 2024 0
The Independent Petroleum Producers Group (IPPG) has cautioned the Nigerian government about the potential…
Technology

Elon Musk Set To Build Starlink Ground Stations Across Nigeria

Aug 22, 2024 0
Elon Musk’s internet company, Starlink, is making significant progress in Nigeria by establishing ground stations…
Business

SUNU Assurances pays out N2.08bn in Claims

Aug 22, 2024 0
SUNU Assurances Nigeria Plc has paid out N2.08 billion in claims to its customers during the 2023 financial year,…
Local

Oil blocks: FG threatens to revoke licenses of firms lacking exploration capacity 

Aug 22, 2024 0
The Federal Government of Nigeria has issued a stern warning to companies and individuals holding oil block…
Business

United Capital’s Share Price Soars 31% in August, Becoming Third…

Aug 22, 2024 0
United Capital’s share price rose by 31% in August 2024, reaching N17, making it the third best-performing stock…
Currency

Naira sends mixed signals as Dollar shows some strength

Aug 22, 2024 0
On Thursday, the naira showed mixed performance against the dollar in Nigerian FX markets. It improved slightly to…
Market

Futures edge higher with payrolls revisions, Fed minutes on tap

Aug 21, 2024 0
U.S. stock index futures saw modest gains on Wednesday as investors awaited key economic updates, including…
Local

Walmart sells $3.74 billion JD.com stake to focus on its own China operations

Aug 21, 2024 0
Walmart has sold its entire stake in Chinese e-commerce giant JD.com, raising approximately $3.74 billion to focus…
Market

NNPC distributes fuel to PH, Warri Depots, addresses scarcity

Aug 21, 2024 0
The Nigerian National Petroleum Company (NNPC) has delivered petrol to depots in Port Harcourt and Warri in an…
Business

Aviation workers halt planned protest over revenue slash

Aug 21, 2024 0
Aviation workers have called off their planned protest against the Federal Government's 50% revenue collection…
Business

Domestic airlines ground 42 aircraft over forex shortage

Aug 21, 2024 0
In the past two years, 42 domestic aircraft in Nigeria have been grounded due to a severe shortage of foreign…
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NIGERIA

Business

Oil Prices Surge Above $119 as Nigeria’s Petrol Price Hits N1,200 per Litre

Mar 20, 2026
Business

CBN Survey Shows Nigerian Families Strained as Banks Set to Raise Interest Rates

Mar 19, 2026
Business

CBN Tightens BVN Rules to Curb Fraud, Boost Trust in Nigeria’s Digital Banking System

Mar 19, 2026
Business

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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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