Business & Finance
MTN Hopes For Increased 5G Uptake
MTN Group, a technology corporation, is optimistic about the uptake of fifth generation (5G) technology that it has introduced in...
US Inflation Rate Drops to 2.5% in August, Lowest in Three Years
The inflation rate in the United States has dropped to 2.5% in August, marking the fifth year-on-year decline in a...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, September 11 2024
As of today, September 11 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN)...
EFCC Investigates ByBit, KuCoin for Crypto Market Manipulation
The Economic and Financial Crimes Commission (EFCC) has expanded its investigations into cryptocurrency platforms to include ByBit and KuCoin, alongside...
Nigeria’s Inaugural Domestic Dollar Bond Attracts $900m in Subscriptions
Nigeria's Federal Government has made an unprecedented step forward by issuing its very first domestic bond denominated in foreign currency...
NUPRC Approves Shell’s $1.3 Billion Asset Sale to Renaissance
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has approved the sale of Shell Petroleum Company's onshore assets to Renaissance, which...
FG To Impose Levy On Fintech Transactions
The Nigerian government has decided to charge a fee of N50 for electronic transactions of N10,000 or more, starting from...
We’ll Begin Prosecuting Massive Financial Scams by Banks and Top Officials—EFCC
The Economic and Financial Crimes Commission (EFCC) has announced that it would soon start prosecuting bank executives and senior bank...
Nigerian Financial Institutions to Discuss Bank Recapitalization at Upcoming Conference
The Finance Correspondents Association of Nigeria (FICAN) is all set to host its 2024 annual conference, themed "Nigeria's Journey Towards...
Nigerian Manufacturers’ Tax Contributions Surge 84% in Q2 2024 Despite Economic Downturn
According to recent data from the National Bureau of Statistics (NBS), Nigeria’s manufacturing sector became the largest taxpayer during the...
Nigeria’s GDP ‘Growth’ is a Joke: Tinubu’s Economic Mismanagement
President Bola Tinubu's latest attempt to tout Nigeria's GDP growth as a "surge" is a laughable and delusional move, reminiscent...
NNPC’s Apathy Towards Dangote Refinery: A Sabotage in Plain Sight?
Muda Yusuf, CEO of the Centre for the Promotion of Private Enterprise (CPPE), didn’t hold back when he slammed the...
WTO Report Highlights Limitations of Trade in Bridging Economic Inequality
The World Trade Organization (WTO) has released its 2024 report on global trade, emphasizing that open trade alone is insufficient...
Dangote Cement Leads Premium Stocks in Returns for 8 Months
According to the latest market data, Dangote Cement Plc, Seplat Energy Plc, and Lafarge Africa Plc have outpaced other premium...
Oil Marketers Plan Petrol Import as NNPCL, Dangote Talks Drag
The Nigerian National Petroleum Company Limited (NNPCL) has indicated that Premium Motor Spirit (PMS) will only be fully taken off...
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