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Ekemini Uba 4404 posts 0 comments

Business

Flour Mills declares N763bn revenue

Aug 1, 2024 0
Flour Mills of Nigeria Plc reported a 67% increase in revenue, reaching N763.2bn for the first quarter ending June…
Business

Cornerstone Insurance upbeat on recapitalisation

Aug 1, 2024 0
Cornerstone Insurance Plc is ready for any recapitalisation measures from the National Insurance Commission. …
Business

Monthly power subsidy soars by 151% to N211bn

Aug 1, 2024 0
The Federal Government's electricity subsidy rose from N252.76bn to N633.30bn in the first quarter of 2024,…
Banking

Banks, others shut as hunger protest holds

Aug 1, 2024 0
Banks and financial institutions in Nigeria will be closed on Thursday, August 1, 2024, due to a planned hunger…
Business

Controversy Surrounds Omolola Oloworaran’s Appointment as Acting PenCom DG

Aug 1, 2024 0
The National Pension Commission (PenCom) has announced Omolola Oloworaran as the new Acting Director-General,…
Business

Minister orders probe into $300 passport fee allegations at Nigerian Embassy in…

Aug 1, 2024 0
Minister of Interior, Olubunmi Tunji-Ojo, announced an investigation into complaints from Nigerians in London…
Banking

Banks’ Recapitalisation: Foreign investors moving in — Cardoso

Aug 1, 2024 0
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, announced an increase in foreign…
Stock

Stock investors lose N32bn amid selloffs

Aug 1, 2024 0
The Nigerian stock market saw another decline on Wednesday, with investors losing N32 billion. The market…
Business

African Central Bank Governors to Meet in Abuja, to Discuss Trade and Financial…

Aug 1, 2024 0
African Central Bank Governors are gathering in Abuja from August 1-3 to focus on increasing intra-African trade…
Currency

Naira Depreciates Further, Exceeds N1,600 to a Dollar

Aug 1, 2024 0
The naira has fallen to over N1,600 per US dollar at the official rate, with the dollar closing at N1,608.73 on…
Business

Fitch revises Benue outlooks to positive

Aug 1, 2024 0
Fitch Ratings has upgraded Benue State’s Long-Term Issuer Default Rating (IDR) outlook from Stable to Positive,…
Business

Aminu Umar appointed 1st African director on the board of International Chamber of…

Aug 1, 2024 0
Aminu Umar, President of the Nigerian Chamber of Shipping, has been appointed as the first African director on the…
Business

Otedola announces support for windfall tax, urges banks to curb private jet…

Aug 1, 2024 0
Femi Otedola, Chairman of FBN Holdings, has announced his support for the windfall tax. He highlighted its role in…
Business

FCMB Group Plans N110 Billion Capital Raise with New Share Offer

Jul 31, 2024 0
FCMB Group announced plans to raise N110 billion by issuing new ordinary shares at N7.30 each on the Nigerian…
Business

African Airlines Record 11.8% Growth In Cargo

Jul 31, 2024 0
The International Air Transport Association (IATA) reported strong growth in global air cargo demand for June…
Business

Seplat Posts N244bn Half Year Pre-Tax Profit

Jul 31, 2024 0
Seplat Energy Plc announced a staggering 461% increase in pre-tax profit for the half-year ending June 30, 2024,…
Local

Tinubu approves N50,000 monthly stipend for Niger-Delta youths 

Jul 31, 2024 0
President Bola Tinubu has approved a N50,000 monthly stipend for 10,000 youths in the Niger Delta to ease economic…
Business

HSBC records $21.6 billion pre-tax profit in first half 2024

Jul 31, 2024 0
HSBC announced pre-tax profits of $21.6 billion for the first half of 2024, slightly down from last year's record.…
Trade

UK’s gain, Nigeria’s pain as nurses migration hits 9-years high

Jul 31, 2024 0
Nigerian-trained nurses are increasingly passing their professional exams in Nigeria but submitting their results…
Business

Youths’ anger shows up in SIM-NIN validation

Jul 31, 2024 0
On Monday, Nigerians protested aggressively against telecom companies that blocked lines not linked to the…
Business

Airlines fly lucrative routes as plane shortage lingers

Jul 31, 2024 0
Nigerian airlines are adjusting their flight schedules to prioritize busy airports due to a shortage of aircraft.…
Business

MTN declares N519bn loss in H1 on inflation, weak naira

Jul 31, 2024 0
MTN Nigeria Communications Plc has reported a significant loss after tax of N519.1 billion for the first half of…
Business

Bitcoin dips as Mt. Gox moves $8.6 billion ahead of looming payouts to creditors 

Jul 31, 2024 0
Mt. Gox, the defunct cryptocurrency exchange, recently executed a significant transaction involving over $2…
investment

Lagos State Partners with PMI to Boost Project Management Efficiency

Jul 31, 2024 0
The Lagos State Government has formalized a partnership with the U.S.-based Project Management Institute (PMI) to…
Business

9mobile customers groan as network is down for over 3 days

Jul 31, 2024 0
Customers of 9mobile are experiencing significant frustration due to a prolonged network outage that has affected…
Local

Naira falls to 1,621/$ at official market

Jul 31, 2024 0
The naira fell to a four-month low on Tuesday, trading at N1621.12/$ at the official window, down from N1611.40/$…
Local

FBN Holdings reports half year pre-tax profit of N411.9 billion

Jul 31, 2024 0
FBN Holdings reported a record pre-tax profit of N177.79 billion for the second quarter of 2024, an 18.9% increase…
Business

Customers besiege banks to reactivate dormant accounts

Jul 31, 2024 0
Bank customers have been visiting their banks to reactivate dormant accounts in response to new Central Bank of…
Features

The AfCFTA Protocols on Intellectual Property and Patent Protection for Businesses…

Jul 30, 2024 0
The African Continental Free Trade Area (AfCFTA) is a landmark initiative aiming to establish a single market for…
Business

Morning Bid: Microsoft and job openings to hit pre-Fed vigil

Jul 30, 2024 0
This week, U.S. and global markets are focused on several significant events, starting with Microsoft's quarterly…
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NIGERIA

Business

NNPC/Seplat JV Transforms Lives with ‘Eye Can See’ Free Eye Care Programme in Imo

Mar 27, 2026
Energy

Nigeria’s Power Sector Reforms Attract $2 Billion Investment, Liabilities Slashed to N146 Billion

Mar 27, 2026
Finance

CBN Cuts Treasury Bill Rates as Investors Flood Market with N2.7 Trillion Subscriptions

Mar 27, 2026
investment

Nigeria’s Capital Market Key to Closing $100 Billion Infrastructure Gap, Says SEC

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Prev Next 1 of 3,039

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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