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Business
Govts, Organisations Urged to Increase Opportunities for Women
Governments at all levels as well as operators of private organisations have been advised to increase both…
UAC Records N7.1Bn Capital Returns To Shareholders
UAC Plc has recorded capital returns of N7.1 billion for its shareholders in the audited financial year ended…
NSE Resumes From Easter Holidays With N78bn Loss
The Nigerian stock market resumed after the Easter public holidays on Tuesday with a loss of 0.39 per cent due to…
Europe Should Invest In Chip Design, Not A Mega-Fab: Think Tank
Europe’s ambition to make the most powerful computer chips risks wasting billions of euros, a German think tank…
Dollar Trades Near Two-Week Low As U.S. Yields Fall
The U.S. dollar traded near its lowest in more than two weeks versus major peers on Thursday, tracking Treasury…
World Leaders Are Making Progress On A Huge Global Tax Overhaul
For years, world leaders have been trying to…
Where Tech And Tradition Meet For Smart Investing
The physical restrictions of the coronavirus pandemic have hammered home to us all just how much we need digital…
Jaiz Bank’s Profit Rises By 45%
Jaiz Bank Plc, a non-interest bank in Nigeria, said its profit before tax rose by 45.31 per cent to N3.07bn as of…
London Stock Exchange Investigating Refinitiv Data Outage
The London Stock Exchange Group said on Thursday it was investigating a lengthy outage at its newly-acquired…
China EV Battery Maker Octillion Looks To Cash In On Carbon Neutral Drive
China’s push towards carbon neutrality as well as its growing manufacturing might will allow electric vehicles (EV)…
Value Of Naira Against Dollar Worsens At I&E
The Naira extended its depreciation against the US Dollar at the Investors and Exporters (I&E) window of the…
Brexit Weighs On French Exports To Britain In February – Customs Office
French exports to Britain picked up 4% in February but were still at only 84% of the monthly average of the second…
Sujimoto Plans 80 Projects Worth $10bn By 2030
The Managing Director/Chief Executive Officer of Sujimoto Group, Sijibomi Ogundele, has disclosed his company’s…
Petrol Right Pricing, VAT Hike To Increase Govt Revenue – Dangote
President of Dangote Group, Alhaji Aliko Dangote, on Wednesday said government could not function without tax…
MacBook, IPad Production Delayed As Supply Crunch Hits Apple – Nikkei
-Production of some of Apple Inc’s MacBooks and iPads has been postponed due to a global component shortage, the…
Uniqlo Owner Posts 23% Jump In HY Profit, Raises Annual Profit Estimate
Japan’s Fast Retailing, the owner of clothing brand Uniqlo, on Thursday reported a 23% jump in half-yearly…
Analysis: White House, U.S. Companies Could Agree On 25% Tax Rate, Officials,…
President Joe Biden has championed raising the U.S. corporate tax rate to 28% from 21% as the main way to fund his…
Sterling Sinks To Two-Week Low Vs Euro, One-Week Low Vs Dollar
Sterling sank on Wednesday as profit-taking by traders after a strong first quarter for the British currency pulled…
Billionaires List: Dangote, Adenuga, Rabiu’s Wealth Rises By $5.7bn
The combined net worth of three of Nigeria’s richest persons increased by $5.7bn in one year to $22.5bn, according…
Oil Prices Rise On Stronger Economic Outlook, U.S. Stockpile Draw
Oil prices edged higher on Wednesday on the prospects for stronger global economic growth amid increased COVID-19…
Nigerian Stock Exchange CEO Oscar Onyema Completes Tenure, To Head NGX Group
Oscar Onyema, the Chief Executive Officer of the Nigerian Stock Exchange has completed his tenure.
Onyema, 52,…
FG Opens April Savings Bonds
The Federal Government has through the Debt Management Office opened the April savings bond offer to investors.…
FMDQ Exchange To Commence Derivatives Trading Soon
FMDQ Securities Exchange Limited yesterday said that the implementation of its derivatives market development…
China’s March Forex Reserves Fall To $3.17 Trillion
BEIJING - China’s foreign exchange reserves fell more than expected in March, official data showed on Wednesday, as…
Dollar Hovers Near Two-Week Low After U.S. Yields Slip
The dollar hovered near two-week lows after U.S. bond yields eased from recent highs, while market participants…
‘Nigeria Can Export $3bn Worth Of Cocoa Derivatives Under AfCFTA’
The federal government has disclosed that by taking advantage of the African Continental Free Trade Area (AfCFTA),…
AMCON Plans To Operate Arik, NG Eagle Side-By-Side
The state-owned Asset Management Corporation of Nigeria (AMCON) intends to retain Arik Air (W3, Lagos) alongside…
DPR Revokes Addax Petroleum’s Four Oil Blocks For Non-Performance
The Department of Petroleum Resources (DPR) has revoked four Oil Mining Licences (OMLs) belonging to Addax…
Mobile Money: GSMA Tasks Nigeria On Telco-Led Sector
As African countries continue to blaze the trail in world mobile money growth, Sub-Saharan Africa, however has the…
Nigeria’s Seplat Issues $650m Senior Oil And Gas Bond
Nigerian independent oil and gas firm, Seplat Petroleum Development Company, has issued a five year,…