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Ekemini Uba 4830 posts 0 comments

Business

FG spending exceeds revenue by 225% — BudgIT

Aug 27, 2024 0
A report by BudgIT has revealed that the Nigerian government spent N19.50 trillion in 2023, three times its…
Business

198 Extractive Companies and Agencies Submit Data for NEITI’s 2022/2023…

Aug 27, 2024 0
The Nigerian Extractive Industries Transparency Initiative (NEITI) has received data submissions from 198…
Business

Oando acquisition of Agip followed due process – NUPRC

Aug 27, 2024 0
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that Oando Plc's acquisition of…
Business

FG may convert Arik, Aero Contractors to national carriers

Aug 27, 2024 0
The Asset Management Corporation of Nigeria (AMCON) is considering merging Arik Air and Aero Contractors into a…
Business

Morning Bid: Rate-cut hopes meet Mid-East risks

Aug 26, 2024 0
Jerome Powell, U.S. Federal Reserve Chair, hinted at a potential interest rate cut in September during his speech…
Business

Fed’s shift to job market risks is done; now policy has to catch up

Aug 26, 2024 0
The Federal Reserve is navigating a delicate situation as today's interest rate of 5.25%-5.50% is seen as…
Business

Darkening global outlook, central bank pivots signal more turbulence

Aug 26, 2024 0
At the annual Jackson Hole conference, global policymakers highlighted the shifting focus of central banks from…
Business

Nvidia Q2 sales likely to double, even a slight miss may hurt shares

Aug 26, 2024 0
Nvidia is set to report its second-quarter earnings on Wednesday, with expectations that revenue will more than…
Business

Customs ushers in new leadership with latest appointments

Aug 26, 2024 0
As the Nigeria Customs Service (NCS) bids farewell to several key management members due to statutory retirement,…
Business

Tinubu to inaugurate N178bn Onne terminal next week

Aug 26, 2024 0
President Bola Tinubu will officially open the newly upgraded West Africa Container Terminal (WACT) in Onne,…
Business

FX turnover hit $7.4bn in July – Report

Aug 26, 2024 0
In July, Nigeria's foreign exchange turnover reached N11.48 trillion ($7.39 billion) at the official trading…
Banking

CBN, SEC okay Ecobank custody business

Aug 26, 2024 0
Ecobank Nigeria Limited has received approvals from the Securities and Exchange Commission (SEC) and the Central…
Business

Naira shows strength, dollar hits two-year low against British Pound 

Aug 26, 2024 0
The Nigerian Naira strengthened against the US dollar during Friday's trading session, appreciating to N1570.14/$…
Business

We support NDC’s fixed rate proposal on imports – Abossey Okai Spare Parts Dealers

Aug 26, 2024 0
Ireland has donated €200,000 to the World Trade Organization's (WTO) Standards and Trade Development Facility…
Business

Nigeria’s domestic dollar bond steals Eurobond shine

Aug 26, 2024 0
Jamiu Agah, a Lagos-based IT consultant, is one of many Nigerians excited about the Federal Government’s new…
Business

FG’s million-dollar oil surveillance contract duplication raises questions

Aug 26, 2024 0
The Federal Government is embroiled in controversy over allegations of awarding duplicated oil contracts worth…
Business

No Nigerian airline’ll survive current economic crisis –Fairfax Africa Fund…

Aug 26, 2024 0
Fairfax Africa Fund, backers of the failed Nigeria Air project, has forecasted the collapse of all but one…
Business

Cost of living crisis eases as prices of garri, potato, tomato drop

Aug 25, 2024 0
Food prices in Nigeria have started to decrease for the first time in 18 months, offering relief to households…
Business

Canada moves to end rail shutdown quickly; CN workers to return to work

Aug 23, 2024 0
Workers at Canadian National Railway (CNR) will return to work on Friday after the Canadian government intervened…
Business

Grocery stores boost political donations even as Democrats take aim

Aug 23, 2024 0
Political donations from major food companies to Democratic lawmakers have risen in the current congressional…
Local

China’s robot makers chase Tesla to deliver humanoid workers

Aug 23, 2024 0
China is aggressively advancing in the humanoid robot industry, aiming to rival Tesla in building battery-powered…
Business

Infinity Trust Mortgage Bank plans N50bn capital raise

Aug 23, 2024 0
Infinity Trust Mortgage Bank Plc has unveiled plans to raise N50 billion through private placement to bolster its…
Local

NGX Regco backs FRC on new reporting standards

Aug 23, 2024 0
Olufemi Shobanjo, CEO of NGX Regulation Limited, praised the Financial Reporting Council of Nigeria (FRCN) for its…
Trade

Equity market extends loss by N65bn

Aug 23, 2024 0
The Nigerian equity market continued its downward trend on Thursday, with a loss of N65 billion as the All Share…
Business

FG installs power plants in six federal universities

Aug 23, 2024 0
The Federal Government, through the Rural Electrification Agency (REA), has successfully installed power plants in…
Business

FG deficit rose to N824bn in April – CBN

Aug 23, 2024 0
Nigeria's fiscal deficit increased marginally by 0.1% to N824.79 billion in April 2024, up from N823.91 billion in…
Crypto

Crypto trader turns $1000 into $400,000 trading Tron’s memecoin Sunwukong

Aug 23, 2024 0
The crypto community is abuzz after an anonymous trader, identified as TDm2, transformed a $1,000 investment into…
Technology

TikTok announces industry-first sub-Saharan Africa Safety Advisory Council

Aug 23, 2024 0
TikTok is strengthening its safety initiatives in Sub-Saharan Africa by launching its first Safety Advisory…
Agriculture

FAAN, NAQS forge partnership to boost air agro export

Aug 23, 2024 0
The Federal Airports Authority of Nigeria (FAAN) has teamed up with the Nigerian Agricultural Quarantine Services…
Business

… Says President, Wale Tinubu not involved in OVH acquisition

Aug 23, 2024 0
NNPC Ltd has refuted allegations that President Bola Tinubu or his relative, Wale Tinubu, were involved in the…
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NIGERIA

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World

UN Warns Trump Against Iran Strikes as Deadline Nears:…

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Walz, Vance clash at policy-heavy vice presidential debate

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