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!-->…
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!-->…