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Ekemini 13913 posts 0 comments

Business

Nigeria’s Largest Cement Makers See Profits Jump To 7-Year High Despite Covid-19

Sep 10, 2020 0
Nigeria’s biggest cement makers by market value appear to be doing relatively well despite the Covid-19 pandemic…
Business

FG seeks $1.1B From Eni, Shell In Graft Case

Sep 10, 2020 0
The Federal Government yesterday asked a Milan court to order Eni and Royal Dutch Shell to pay $1.092 billion as an…
Business

Apple Announces September 15 Date For Online iPhone 12 Reveal Event

Sep 9, 2020 0
Despite acknowledging that this year’s iPhone launches will be delayed by a few weeks relative to their…
Business

Nigerians Are Sitting On Their Savings, Thwarting Lending

Sep 9, 2020 0
Nigerian companies are parking more of their funds in bank deposits, upending a push by the central bank to fuel…
Business

UK Minister Under Scrutiny For Attacking Nigeria Over P&ID Court Case

Sep 9, 2020 0
Priti Patel, United Kingdom’s secretary of state for the home department, has come under scrutiny over her comments…
Business

Shoprite To Leave Kenya After Announcing Plans To Close 2 More Stores

Sep 9, 2020 0
Shop-rite Holdings announced that it would leave the East African nation of Kenya after entering the market 2 years…
Business

Lloyds Bank Sacks 865 Workers

Sep 9, 2020 0
Lloyds, the biggest domestic banking group in UK, had temporarily stopped job losses and restructuring early in the…
Business

All Four Of Nigeria’s Refineries Are Currently Shut Down

Sep 9, 2020 0
All four of the refineries in Nigeria, Africa’s top oil exporter, are currently shut down, the group managing…
Business

United Airlines Launches Direct Flight Between Lagos And Washington

Sep 9, 2020 0
United Airlines has announced plans to expand its global route network with a new, nonstop service between Nigeria…
Business

Nigeria’s Debt Hits N31trn –DMO

Sep 9, 2020 0
The DMO set Nigeria’s entire debt at N31trn, indicating an increase of N2.38trn within a space of three months.…
Business

ECB Weighs Chance To ‘Talk Down’The Euro

Sep 9, 2020 0
The recovery is on. Economies across the eurozone are reopening and business is returning to normal, or at least as…
Business

Pound Hits 6-Week Low On Brexit Fears, Implied Volatility Curve Inverts For First…

Sep 9, 2020 0
The pound fell to its lowest level in six weeks against the dollar on Wednesday as new legislation by the British…
Business

How China Is Closing In On Its Own Digital Currency

Sep 9, 2020 0
While there’s no launch date yet, the People’s Bank of China is likely to be the first major central bank to issue…
Business

Weak Currency Discouraging Foreign Investment In Nigeria’s Economy

Sep 9, 2020 0
The federal government has been asked to take advantage of the global liquidity glut being experienced during the…
Business

ECOWAS Halts Single Currency Launch, Adopts Gradual Approach

Sep 9, 2020 0
The Economic Community of West African States has postponed the planned launch of its single currency, the Eco.…
Banking

Experts warn as ATMs breed dirty notes

Sep 9, 2020 0
Experts, yesterday, blamed the preponderance of dirty notes on corruption and lack of political will, as 22,000…
Business

Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries

Sep 9, 2020 0
Neighbouring Niger Republic, which started commercial oil production in 2011, now exports petroleum products to…
Business

Nigeria: FG Debt Now N24.52Tn, Recorded N561.71Bn Deficit – CBN

Sep 9, 2020 0
The Federal Government’s outstanding as of March 31 stood at the N24.52tn (excluding the states and the Federal…
Business

UPDATE 1-Nigeria Asks For $1.1 Bln Advance From Eni, Shell In Graft Case

Sep 9, 2020 0
Nigeria asked a Milan court on Wednesday to order Eni and Royal Dutch Shell to pay $1.092 billion as an immediate…
Local

Marketer Free To Sell Petrol At Suitable Prices, PPPRA Tells Nigerians

Sep 9, 2020 0
Barely 24 hours after depot owners called for full deregulation of the downstream sector of the petroleum industry,…
Business

Nigerian Stock Exchange Intensifies Efforts To Introduce Derivatives To The…

Sep 9, 2020 0
As investors anticipate the launch of Derivatives trading in the Nigerian capital market, The Nigerian Stock…
Business

Oil Slides 5% To Lowest Level Since June On Demand Fears

Sep 9, 2020 0
Oil slid 5 percent to below $40 a barrel on Tuesday, its lowest since June, over concerns that a demand recovery…
Business

CBN’s FX Interventions; Good Cheer But How Sustainable?

Sep 9, 2020 0
According to reports in the local media, the Central Bank of Nigeria (CBN) has resumed FX sales at the Investors…
Business

Exchange Rate Is Weakened At NAFEX Window As Drop In Dollar Supply Continues

Sep 9, 2020 0
The Forex turnover dropped by 22% as Nigeria's exchange rate at the NAFEX window depreciated to 386.21 during…
Business

Stronger Collaboration With CBN’ll Stabilise Naira –ABCON President

Sep 9, 2020 0
The Association of Bureau De Change Operators of Nigeria (ABCON), has called for stronger collaboration between…
Business

Lower Oil Prices Are Coming

Sep 9, 2020 0
Oil is entering a weak season at the same time that the monthly cycle peaks. The combination of the bearish…
Business

Foreign Exchange Inflows Fell To $5.52bn In May

Sep 9, 2020 0
Foreign exchange inflows into the country fell to $5.52bn in May, the latest figures from the Central Bank of…
Africa

Refinery News Roundup: Most Refineries In Africa Back Online

Sep 9, 2020 0
Chad's Ndjamena refinery, in Djarmaya, 30 km (17 miles) from the capital, is providing regular daily shipments of…
Business

Dollar Firms, Yen Up As Tech Selloff Hits Forex

Sep 9, 2020 0
The dollar found support on Wednesday as a stock market slide spooked investors into selling riskier currencies,…
Local

Travellers Groan Over Arbitrary Covid-19 Test Fees

Sep 9, 2020 0
The Federal Government has denied knowledge of alleged N42,000 being charged for COVID-19 test by its approved…
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May 11, 2026

Nigeria Receives 164,000MT Imported Fuel Amid Fresh Petrol…

May 11, 2026
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NIGERIA

Technology

Nigerian Startups Raise $4m in April 2026 as Fintech Dominates Funding Amid Slow Venture Capital Market

May 11, 2026
Business

PFA grows revenue to N42.4 billion, declares N2 dividend

May 11, 2026
Business

Top Nigerian Banks Cut Lending by Nearly 25% as Economic Risks Rise

May 11, 2026
Economy

Nigeria to Sanction Poor Telecom Operators as NCC Tightens Service Quality Enforcement – Tijani

May 11, 2026
Prev Next 1 of 3,141

World

UN Warns Trump Against Iran Strikes as Deadline Nears:…

Apr 7, 2026

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
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