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  • Page 93

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Finance

FG’s deficit spending falls 29% to N2.83trn in Q1’24

Jul 24, 2024 0
The Federal Government of Nigeria reduced its deficit spending by 29% in the first quarter of 2024, bringing the…
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…
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World

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