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!-->…
Business Nigeria, Benin Republic open dry port trade office in Kano Aug 29, 2024 0 Nigeria and Benin Republic have jointly opened the Tsamiya Dry Port Trade Office in Kano State to enhance regional!-->…
Business Elumelu: Tenure limit for bank CEOs inspired Heirs Holdings formation Aug 29, 2024 0 Tony Elumelu, Chairman of Heirs Holdings Group, revealed that the Central Bank of Nigeria’s (CBN) 2010 policy!-->…
Local Govt sets Sept 14 deadline for SIM-NIN linkage Aug 29, 2024 0 The Nigerian Communications Commission (NCC) has announced a new deadline for all mobile subscribers to link their!-->…
Business Gas suppliers seek end to multiple taxation Aug 29, 2024 0 The National Oil and Gas Suppliers Association of Nigeria (NOGASA) has called on the Federal Government to tackle!-->…
Business NEPC reports $2.7bn in non-oil exports half year 2024 Aug 29, 2024 0 Nigeria's non-oil exports generated $2.7 billion in the first half of 2024, reflecting a 6.26% increase from the!-->…
Business TGI Foods SPV launches N25bn commercial papers Aug 29, 2024 0 TGI SPV Plc, a special purpose vehicle created by Tropical General Investments Group, has launched N25 billion in!-->…
Business Without structural gaps, Nigeria’s GDP will grow by 5% – IMF Aug 28, 2024 0 *The International Monetary Fund (IMF) stated that Nigeria's economy, currently growing at 3.19%, could reach a 5%!-->…
Business External auditors to examine NNPC N2.6tn subsidy claim Aug 28, 2024 0 The Federal Government of Nigeria is set to hire an external auditor to verify the N2.7 trillion fuel subsidy!-->…