Airtel Africa Initiates Second Tranche of $50 Million Share Buyback Program
Airtel Africa has revealed that it is starting the second phase of its stock repurchase program, which amounts to $50...
FG Announces Commencement Of Crude Oil Sales To Dangote Refinery
In a recent meeting with the Implementation Committee held in Abuja, Minister of Finance and Coordinating Minister of the Economy,...
Fuel Queues: A Recurring Nightmare in Nigeria
The ongoing fuel queues, an agonizing representation of the continuing challenges our country is grappling with, occupy my mind as...
Tinubu Approves Payment Of Fuel Subsidy Using 2023 Dividends
According to a report by TheCable, President Bola Tinubu has directed the Nigerian National Petroleum Company Limited (NNPCL) to draw...
MTN Group Reports Half-Year Loss Amidst Naira Devaluation
Africa's biggest telecommunications company, MTN Group, announced a half-year loss that is more significant owing to the devaluation of the...
FX Spot Rate Stability Boosts Financial Stock Performance on NGX
The Financial services industry is the leading performer in the equities sector of the Nigerian Stock Exchange (NGX), having accounted...
NNPC Vows to End Fuel Queues by Wednesday Amidst Deepening Scarcity
The Nigerian National Petroleum Corporation Limited assured that queues will disappear by Wednesday, despite worsening shortages and thriving black markets....
Matrix Energy Refutes Allegations of Importing Substandard Petroleum Products
Matrix Energy, a prominent oil marketing company, has categorically denied allegations of importing sub-standard Premium Motor Spirit (PMS), diesel, and...
Gombe State Adopts New Minimum Wage with Adjustments
The implementation of the new N70,000 minimum wage must of necessity have consequential adjustments, Gombe State's governor, Mohammed Inuwa Yahaya...
FIRS Drafts Executive Bill to Modernize Tax Laws, Regulate Crypto Industry
The Federal Inland Revenue Service (FIRS) is working on a bill that will completely change the revenue administration in Nigeria,...
Despite Tensions, Chinese Investment in US Continues to Rise
The president of the US-China Business Council (USCBC), Craig Allen, talked about the importance of China’s rising investment in research...
FG’s Tariff Removal on Food Items Sparks Concerns Among Stakeholders
The suspension of duty, tariff, and tax on the imports of maize, husked brown rice, wheat, and cowpea, as recently...
Africa’s Sovereign Debt Surpasses $1 Trillion, UN Argency Warns
Amidst uncertainties in global economics, the UNECA cautions against growing difficulties in financing. Calling for sustainable debt management strategies as...
Nigerian Exchange Lifts Suspension On Guinea Insurance Plc
The Guinea Insurance Plc shares have been suspended from trading since August 12, 2024 as per Nigerian Exchange Ltd. (NGX)....
Union Bank Records 138% Profit Growth In 2023 Despite N226 Billion Net FX Loss
Union Bank of Nigeria, the country's second-oldest bank, has reported 138% increase in pre-tax profit for the financial year 2023,...
