CMA Supports the Return of Investments in Mobile Bonds.
The M-Akiba bond, on the other hand, which was tested in April 2017, only required a minimum investment of Sh3,000,…
Category: Market
NNPC and Addax Enter an Agreement to Resolve a License Issue.
To resolve the conflict over Oil Mining Leases 123/124 and 126/137, the Nigerian National Petroleum Company Limited and Addax Petroleum…
International Brewery Estimates a Rise in Sales to N49billion in the Third Quarter of 2022.
The third quarter results for International Breweries Plc have been released, and they indicate a record 5. 6% increase in…
In the Persian Gulf, Iran’s IRGC Intercepts a Foreign Fuel Tanker.
Iran’s military has detained a tanker flying a foreign flag on suspicion of engaging in unlawful smuggling activities. According to…
Ukraine has Reported Airstrikes on Critical Infrastructure.
Ukrainian officials reported Russian strikes on vital infrastructure; with one official reporting that 40 missiles had been spotted in the…
Lula Defeats Bolsonaro to Retake the Presidency of Brazil.
The leftist Worker’s Party candidate Luiz Inacio Lula da Silva beat incumbent President Jair Bolsonaro; this is according to the…
Nigeria Immigrants to Canada Ranks Fifth Overall.
According to the country’s 2021 census, Nigeria is one of the top 5 countries of birth for recent immigrants to…
Buhari Plans to Trade with South Korea for over $1.3billion.
President Major General Muhammadu Buhari (retd) invited top Korean business executives to increase their investments in Nigeria in Seoul; saying…
Guinness Nigeria Stockholders will Get a Dividend of N15.639billion.
Guinness Nigeria Plc shareholders, who own 50 shares of the UK-based Diageo Plc subsidiary, approved a proposed dividend pay-out of…
According to Reports, Musk Intends to Finalize the Twitter Deal.
In a video conference call with bankers who are helping to finance the deal, Elon Musk promised to close his…
Adidas Cuts Ties With Kanye West Due to Antisemitism, Reducing His Net Worth to $400 Million.
After Mr. Wests debut, a “White Lives Matter” T-shirt design at Paris Fashion Week, Adidas’ Yeezy brand relationship with him…
The Effect of Nigeria’s Manufacturing Sector on Economic Growth.
Production is a phrase that many academics use to refer to manufacturing. According to Sloman (2016), there are three economic…
According to Gas Boss, Ukraine is Headed for the “Worst Winter Ever.”
Winter in Ukraine will be the coldest it has ever been, and it will be distinguished by persistent outages,; According…
Russia Alerts the US and UK to Ukraine’s Plans to Detonate a Bomb.
According to the Russian Defence Ministry, Moscow has spoken with London and Washington; the discussion was about the concern that…
The New Prime Minister of the UK is Rishi Sunak.
The Conservative Party of the United Kingdom has elected Rishi Sunak as its new leader. According to a statement made…
Oil Climbs on China’s Fuel Recovery Hopes.
Following a 6.4% decline the previous week, Brent crude futures increased 81 cents, or 0. 88%, to $92.44 per barrel.…
Rising Yields Worsen the Stock Market’s Negative Outlook.
The central bank’s decision to raise interest rates to 15. 50 percent in response to the acceleration of inflation; and…
Roughly Three-quarter of Twitter’s Staff Will be Laid Off.
The Washington Post stated that a $44 billion purchase of Twitter by billionaire Elon Musk may result in a wave…
Putin Says Russia has Enlisted 222,000 Men In The Military.
Russia’s partial mobilization is almost over, it will be completed in about two weeks. By now 222,000 men out of…
Central Kiev Hit by Kamikaze Drones
Mayor Vitaly Klitschko has confirmed that several explosions rocked central Kiev amid reports of a new wave of drone strikes;…
Russian Military Confirms Major Prisoner Exchange With Ukraine.
As part of a significant prisoner exchange with Kiev, a total of 110 Russians have returned home from Ukraine; this…
China Stops Providing LNG Energy to the EU as Winter Approaches.
Bloomberg reported that China has instructed its state-owned gas importers to halt reselling liquefied natural gas (LNG) to international customers;…
Nigeria LNG’s Force Majeure Status, According to Portugal’s Galp, Might Affect Supply Chains.
Portugal’s oil and gas company Galp Energia said it may face additional sourcing disruptions after Nigeria LNG declared force majeure…
Ghana’s Cedi Ranks Last in the World Against the Dollar.
As speculators continued to force foreign cash into the west African nation prior to an agreement with the International Monetary…
U.S. Lawmakers Accuse Trump Of Defrauding Country As President.
According to papers made available by the committee, the former president’s company, The Trump Organisation, charged the nation’s secret service…
First Public Flight of Chinese “Flying Car” Takes Place in Dubai.
In an effort to introduce its electric aircraft to global markets, Chinese electronic vehicle manufacturer Xpeng Inc.’ “flying car” performed…
United States Returns 23 Looted Items Back To Benin, Nigeria with Plans To Open an International Exhibition.
Through the National Gallery of Art, the Rhode Island School of Design, and the Smithsonian National Museum of African Art,…
In September, Nigeria’s Daily Crude Oil Production Decreased to 937,766bpd.
Due to theft, Nigeria’s crude oil production output for the year remained dismal in September, with an average of 937,766…
The Oil and Gas Industry Receives The Most Bank Credit Allocation in 2021.
According to data from the National Bureau of Statistics’ (NBS) October 2022 report, the oil and gas industry was one…
In Just One Week, Airtel Africa’s Market Value Declines by N752 billion.
Following persistent sell pressure on the equity, Airtel Africa Plc, one of the largest telecom companies listed on the Nigerian…