investment DBN secures access to over $100b Green Climate Fund Jul 24, 2024 0 The Development Bank of Nigeria Plc (DBN) has become the first Direct Access Entity (DAE) in Nigeria to receive!-->…
Business NACCIMA, others kick as CBN hikes interest rate to 26.75% Jul 24, 2024 0 The Central Bank of Nigeria (CBN) has raised its benchmark Monetary Policy Rate (MPR) to 26.75% from 26.25% in an!-->…
Business Transcorp Hotels posts 188% profit growth in 2024 half year Jul 24, 2024 0 Transcorp Hotels posted a profit before tax of N10.5 billion in the first half of 2024, a remarkable 188% increase!-->…
Business FG allocates over N438 billion to 34 States, FCT under economic stimulus programme… Jul 24, 2024 0 The Federal Government has distributed more than N438 billion to 34 states and the Federal Capital Territory (FCT)!-->…
Business Support for Dangote Refinery Swells, Kyari Denies Owning Blending Plant in Malta Jul 24, 2024 0 Amid ongoing disagreements between Dangote Refinery and the Nigerian Midstream and Downstream Petroleum Regulatory!-->…
Africa Gabon President Invites Aliko Dangote to Invest in Cement and Fertilizer Jul 24, 2024 0 President Brice Oligui Nguema of Gabon has extended an invitation to Aliko Dangote, Africa’s wealthiest!-->…
Business Sherwin-Williams raises 2024 profit forecast on upcoming residential demand Jul 23, 2024 0 Sherwin-Williams increased its full-year earnings forecast and reported a second-quarter profit that exceeded Wall!-->…
World Samsung Elec talks with union end without result, union says Jul 23, 2024 0 Sherwin-Williams increased its full-year earnings forecast and reported a second-quarter profit that exceeded Wall!-->…
Technology Italy seizes 121 mln euros from Amazon unit over alleged tax, labour offences Jul 23, 2024 0 Italian tax police have seized €121 million from Amazon Italia Transport, a logistics unit of e-commerce giant!-->…
Business Samsung Elec talks with union end without result, union says Jul 23, 2024 0 Samsung Electronics and representatives of its largest workers' union in South Korea, currently on strike over pay!-->…
Business South African rand weakens, eyes on inflation data Jul 23, 2024 0 The South African rand weakened by about 0.75% in early trading on Tuesday, trading at 18.38 against the dollar as!-->…
Business Spotify reports record quarterly earnings, shares jump 14% in premarket trade Jul 23, 2024 0 Spotify reported a record quarterly profit of 1.11 billion euros, slightly surpassing analyst expectations of 1.07!-->…
Business ATM transactions decline 13% to N28.2 trn Jul 23, 2024 0 In 2023, the value of Automated Teller Machine (ATM) transactions in Nigeria decreased by 13.6 percent to N28.2!-->…
Business We are working on postal reform bill — Postmaster General Jul 23, 2024 0 The Postmaster General of Nigeria, Ms. Tola Odeyemi, emphasized the importance of passing the long-pending postal!-->…
Business Electricity: FG targets 9,000MW from renewable energy Jul 23, 2024 0 The Nigerian government plans for the renewable energy sector to contribute 9,000 megawatts of power by 2030 as!-->…
Business Incoming CIIN president unveils agenda for insurance industry growth Jul 23, 2024 0 Mrs. Yetunde Ilori, the incoming president of the Chartered Insurance Institute of Nigeria (CIIN), plans to!-->…
Local Energy stakeholders brainstorm on midstream, downstream devpt at SPE-NAICE 2024 Jul 23, 2024 0 Professionals and key players in the energy sector will gather at the SPE-NAICE 2024 event to explore advancements!-->…
Business AEDC Appoints 4th CEO In 11 Months Jul 23, 2024 0 The Abuja Electricity Distribution Company (AEDC) has appointed Engr Chijioke Okwuokenye as the acting Managing!-->…
Business Forex inflow via IMTOs hits $1.07bn in three months – CBN Jul 23, 2024 0 Foreign exchange inflows from International Money Transfer Operators (IMTOs) increased by 38.86 percent to $1.07!-->…
Business Domestic workers must benefit from N70,000 minimum wage – Senate Jul 23, 2024 0 The Senate and the National Council for Women Society (NCWS) have called for domestic servants to be included in!-->…
Local Agbakoba warns NNPC against taking over Dangote refinery Jul 23, 2024 0 Senior Advocate of Nigeria Olisa Agbakoba has cautioned against the Nigerian National Petroleum Company Limited!-->…
Local Chapel Hill Denham named Nigeria’s best investment bank Jul 23, 2024 0 Chapel Hill Denham has been awarded the title of Best Investment Bank in Nigeria at the 2024 Euromoney Awards for!-->…
Business Forex inflow via IMTOs hits $1.07bn in three months – CBN Jul 23, 2024 0 Foreign exchange inflows from International Money Transfer Operators (IMTOs) in Nigeria saw a significant increase!-->…
World Japan’s chief cabinet secretary calls for broad-based wage hikes Jul 23, 2024 0 Japan's Chief Cabinet Secretary, Yoshimasa Hayashi, has emphasized the importance of extending pay increases to!-->…
Local India boosts spending on job creation, rural areas in first budget after election Jul 23, 2024 0 India's Finance Minister Nirmala Sitharaman unveiled a budget of $24 billion for the 2024/25 fiscal year, focusing!-->…
Local Digital tax talks in G20 spotlight as US tariff threat looms Jul 23, 2024 0 Negotiations for a global tax deal are ongoing past the June 30 deadline, with the G20 finance leaders meeting!-->…
Business Global aircraft leasing market to hit $315b by 2033 Jul 22, 2024 0 The global commercial aircraft leasing market is set to reach $315.9 billion by 2033, growing at a cumulative!-->…
Stock NGX delists three companies over poor standards Jul 22, 2024 0 The Nigerian Exchange (NGX) has delisted three companies—Niger Insurance Plc, Resort Savings and Loans Plc, and!-->…
Business Minimum wage: MAN seeks compliance exception for MSMEs Jul 22, 2024 0 The Manufacturers Association of Nigeria (MAN) has requested that micro, small, and medium enterprises (MSMEs) be!-->…
Business FG mulls suspension of N10 sugar tax on beverages Jul 22, 2024 0 The federal government is considering a temporary suspension of the N10 tax on Sweetened Sugar Beverages (SSBs) to!-->…