Business Tier-1 banks drive NGX market cap to N5.93trn YTD Dec 11, 2024 0 Tier-1 banks in Nigeria have significantly contributed to the year-to-date (YTD) growth of the Nigerian Exchange!-->…
Business African Alliance Insurance pays N780m in claims to annuitants Dec 11, 2024 0 African Alliance Insurance has commenced the payment of N780 million in claims and annuities as part of its!-->…
Business Naira Appreciates To N1,550/$ In Parallel Market Dec 10, 2024 0 The Naira appreciated in the parallel market to N1,550 per dollar, a slight improvement from N1,555 last weekend.!-->…
Economy Tax Reform Bills: Northern Leaders Not Well-Informed — Onuesoke Dec 10, 2024 0 Chief Sunny Onuesoke, a prominent member of the Peoples Democratic Party (PDP) and former governorship candidate!-->…
Business Oil & Gas Industry: PENGASSAN Kicks Against Flagrant Abuse Of Expatriate Quota Dec 10, 2024 0 The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has raised concerns about the high!-->…
Business NPA, Nigerdock finalize $1bn Snake Island Port agreement Dec 10, 2024 0 In a significant step toward advancing green port development in Nigeria, Nigerdock and the Nigerian Ports!-->…
Business Tech entrepreneurs set to launch platform to connect African artisans to global… Dec 10, 2024 0 To transform cross-border trade and empower African businesses, two tech entrepreneurs, Wale Ayantoye and Ola John!-->…
Business Inflationary pressures hamper business operations in November Dec 10, 2024 0 The continued rise in inflation has significantly impacted business operations in Nigeria, leading to stagnation!-->…
Business NECA Applauds Fiscal, Monetary Authorities Broader Push To Stabilise Naira,… Dec 10, 2024 0 The Nigeria Employers' Consultative Association (NECA) has commended the Federal Government's recent issuance of a!-->…
Finance Algeria, Angola Others Still Owe $1.7bn In Foreign Airlines Blocked Funds – IATA Dec 10, 2024 0 The International Air Transport Association (IATA) has highlighted Algeria, Angola, and Eritrea as countries that!-->…
International India rupee hits record low, bond yields dip as a change of guard at RBI spurs… Dec 10, 2024 0 The Indian rupee slipped to a historic low of 84.85 per U.S. dollar on Tuesday, while 10-year bond yields dropped!-->…
Stock Chinese Policy Signals Lift Global Stocks as Bonds Reflect Caution Dec 10, 2024 0 China's equity markets rallied to near one-month highs after a Politburo announcement signaled a shift toward!-->…
Business Chukwu Calls for Tech Adoption in Nigerian Banks’ Recapitalisation to Boost… Dec 10, 2024 0 Johnson Chukwu, Group Managing Director of Cowry Assets Management Limited, has urged the Central Bank of Nigeria!-->…
Economy Trump’s Economic Policies Pose Risks to Nigerian Banks and Investments Dec 10, 2024 0 Donald Trump’s proposed tax reforms and tariffs, including a corporate tax cut from 21% to 15%, could disrupt!-->…
Energy Equinor ends 31years Nigerian journey for profitable markets Dec 10, 2024 0 Norwegian energy company Equinor has exited Nigeria after 31 years, finalizing its divestment from the West!-->…
Finance 2025 budget: Senate threatens non-performing agencies Dec 10, 2024 0 Through its Finance Committee, the Nigerian Senate has warned government agencies of zero allocation in the 2025!-->…
Business Equity market reverses gain with N63bn loss Dec 10, 2024 0 The Nigerian equity market started the week on a downturn, losing N63bn in market capitalization as the total!-->…
Business As the naira soars, ABCON urges CBN to tighten the noose on speculators Dec 10, 2024 0 The naira has experienced a dramatic surge, rising 8.9% in one week, as it rallied from N1,672 to N1,535 per!-->…
Business Equities market rises, investors pocket N426bn Dec 9, 2024 0 The Nigerian equities market ended the week with a notable gain, as investors earned N426.69 billion due to!-->…
Finance Coronation Joins AFIS as Gold Sponsor, Championing Innovation in African Finance Dec 9, 2024 0 Coronation Group has announced its role as a Gold Sponsor at the Africa Financial Summit (AFIS), set to take place!-->…
Business PalmPay Partners with NFIU to Boost Financial Security in Nigeria Dec 9, 2024 0 PalmPay, a leading Nigerian fintech company, has reaffirmed its commitment to tackling financial fraud through!-->…
Business Banks’ Recapitalisation, New Listings Boost NGX Market Cap by N8.1tn Dec 9, 2024 0 In 2024, the Nigerian Exchange Limited (NGX) saw a remarkable surge of N8.1 trillion in its market capitalization,!-->…
Business Data expose gaps in Nigeria’s $1trn GDP target Dec 9, 2024 0 Recent data from Nigeria’s National Bureau of Statistics (NBS) reveals a significant drop in the country’s GDP in!-->…
Business Marketers Begin Direct Loading From Dangote Refinery Dec 9, 2024 0 Independent Petroleum Marketers Association of Nigeria (IPMAN) has commenced direct premium Motor Spirit (PMS)!-->…
Business Naira Sees Massive Recovery Amid New Forex System Dec 9, 2024 0 The Nigerian Naira has experienced significant appreciation across all foreign exchange markets following the!-->…
Business FirstBank unveils entertainment hub Dec 9, 2024 0 FirstBank has launched Bluu TV, a new entertainment hub designed to support Nigeria's creative arts sector, as!-->…
Business Organised Private Sector (OPS) urges sustenance as naira gains N137/$ Dec 9, 2024 0 The naira strengthened significantly against the dollar, gaining N137 within a week following the Central Bank of!-->…
Business Cardoso’s first year sees naira rally amid stubborn inflation Dec 9, 2024 0 In his first year as Central Bank of Nigeria (CBN) governor, Olayemi Cardoso implemented significant monetary!-->…
Finance UBA Outperforms Peers As Investors Earn 375% Capital Returns Dec 9, 2024 0 United Bank for Africa (UBA) has delivered an impressive 375% capital gain to its investors over the past five!-->…
Business Customs integrates 23 Banks for seamless duty payments on B’Odogwu Platform Dec 9, 2024 0 The Nigeria Customs Service (NCS) has introduced the B’Odogwu Information and Communication Technology (ICT)!-->…