Market news
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Fuel scarcity: FG to sanction Fuel stations selling fuel above N165
The Nigerian Government has decided to clamp down on filling stations selling Premium Motor Spirit (PMS) above the N165 agreed…
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Naira Now N617/$ at Peer-to-Peer, N605/$1 at Parallel Market
The Naira appreciated by N1 or 0.16 per cent against the United States Dollar at the Peer-to-Peer (P2P) window of…
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Top 10 highest salary paying companies in Nigeria – 2021
Oil and gas upstream company, Seplat Energy came second on the list with an average annual salary of N19.29 million…
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NGX Index Advances by 0.50% as Ecobank, MTN, Others Gain
Buying interests in Ecobank, MTN Nigeria and others lifted the stock market by 0.50 per cent on Monday as investors…
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Crypto Focused Hedge Funds are Shorting USDT – Reports
A Wall Street Journal (WSJ) report revealed that crypto-focused hedge funds are increasingly shorting the controversial U.S. dollar-pegged stablecoin, Tether…
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Why a Company that Filed for Bankruptcy saw its share price rally Over 300% in a Week
The U.S. markets ended their three-week losing streak that saw all major indexes rally over 5%, as the bulls took…
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Nigerians react as MTN drags 18 banks to court over N22.3 billion ‘erroneous’ transfer
“An order directing the defendant banks to release all information, including account name information in respect of the accounts from…
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APC reacts to reports of voting N6.5 trillion for bribery, vote buying in 2023 general election
The ruling All Progressives Congress (APC) has denied reports that it has set aside the sum of N6.5 trillion to…
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Digital Transformation Solutions for Banking
Digital transformation is the process of transforming how an organization operates to better meet the needs of its customers and…
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Celebrating the bold and audacious Nigerian youths with Lord’s Achievers Awards
This year, Lord’s Achievers Award was focused on recognizing and celebrating the bold and audacious Nigerian youth who go out…
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The benefits of having accurate financial reporting for your small business
An accurate financial report guarantees that your business is compliant with the law and regulations required by government agencies. Government…
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Eaton Calls for Stoppage of Sulphur Hexafluoride Gas
Leading power management company, Eaton Nigeria, has advocated the regulation of sulphur hexafluoride (SF6) gas usage in electrical power distribution…
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Union Bank’s Acquisition: Titan Trust Bank Aims for Market Dominance, Targets Tier 1
With the recent acquisition of Union Bank of Nigeria (UBN) Plc by Titan Trust Bank Limited (TTB), a deal that…
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Russia Defaults on Foreign Debt, first time in a century
For the first time in a century, Russia defaulted on its foreign-currency government debt. However, the situation is a bit…
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Tinubu travels to France after meeting President Buhari
Ashiwaju Bola Tinubu, the presidential candidate of the All Progressives Congress (APC), has travelled to France after meeting with President…
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Nigeria’s CJN Justice Tanko resigns
Justice Tanko Muhammad, The Chief Justice of Nigeria has tendered his resignation letter as the Nigerian CJN on Monday. According…
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Adejo Advocates Funding of NEMIS for Optimum Performance
The Permanent Secretary in the Federal Ministry of Education, Mr Andrew David Adejo, has called for strong synergy and cooperation…
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By the numbers: Comparing NNPC with Saudi Aramco
Crude Oil since its discovery has become an essential commodity not just to individuals in meeting their daily needs, but…
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Final countdown commences for Konga mid-year shopping festival
The maiden edition of the Konga Mid-Year Shopping Festival, a month-long mega discount sale, is set to witness an all-action…
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Bread bakers to embark on a two-week strike
Break makers and caterers in Nigeria are set to embark on a two-week strike from July 13, 2022, due to…
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