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Ekemini Uba 4379 posts 0 comments

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…
Market

CBN posts highest remittance inflow of $553m in July

Aug 21, 2024 0
The Central Bank of Nigeria (CBN) announced a substantial increase in remittance inflows, reaching $553 million in…
Local

FRC vows to sanction erring auditors, accountants

Aug 21, 2024 0
The Financial Reporting Council (FRC) of Nigeria has vowed to take decisive action against auditors and…
Business

5 banks budget N222bn for cybersecurity

Aug 21, 2024 0
Five major Nigerian banks are raising capital to meet new Central Bank of Nigeria requirements. They plan to…
Business

$3bn Badagry seaport seeks financial partners

Aug 21, 2024 0
The $2.59 billion Badagry Deep Seaport project is now in its second phase, focusing on implementation and finding…
Energy

Don’t Pressure Us To Sell Crude Oil To Local Refineries, Oil Producers Tell FG

Aug 21, 2024 0
The Independent Petroleum Producers Group (IPPG), responsible for 30% of Nigeria's crude oil production, has…
Business

Talks ongoing to resume Nigeria-S’Arabia cargo flights – Keyamo

Aug 21, 2024 0
The Minister of Aviation and Aerospace Development, Festus Keyamo, has confirmed that negotiations to resume cargo…
Business

Ibom Air expands fleet operations, takes delivery of second Airbus

Aug 21, 2024 0
Ibom Air has welcomed the arrival of its second Airbus A220-300, furthering its goal to expand fleet operations in…
Business

NPA to implement electronic call-up system at Onne Port

Aug 21, 2024 0
The Nigerian Ports Authority (NPA) is preparing to implement an advanced electronic call-up system at the Onne…
Business

Glo @ 21: Braving the odds to grow Nigeria’s economy

Aug 21, 2024 0
Globacom, the Nigerian telecommunications giant founded by Chief Mike Adenuga, is celebrating 21 years of…
Business

Nigeria opens subscription for five-year domestic dollar bond at 9.75%

Aug 20, 2024 0
The Nigerian government is set to raise $500 million through a domestic dollar bond at a 9.75% annual yield. This…
Business

Equites Opens Week With N750bn Dip

Aug 20, 2024 0
The Nigerian equities market experienced a significant loss of N750 billion due to sell pressures on major stocks…
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NIGERIA

Business

Nigerian Banks Raise N4.61 Trillion in Capital, N1.2 Trillion from Foreign Investors

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Banking

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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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