DHL Will Boost Its Investment In Nigeria And Assist SMEs
DHL Will Boost Its Investment In Nigeria And Assist SMEs DHL stated that it would keep making investments in the...
Business
Nigerian And World Or International Business News
CITN Uses The Legislative Branch To Uphold The Charter
CITN Uses The Legislative Branch To Uphold The Charter The Chartered Institute of Taxation of Nigeria (CITN) is working...
Friesland And NDEP Lower The NASD OTC Bourse by 0.28%
Friesland And NDEP dropped On Tuesday, June 6, the NASD Over-the-Counter (OTC) Securities Exchange fell 0.28 percent as losses were...
Airtel, NB, Eterna, and Other Gainers Help the Stock Exchange Rebound by 0.42%
Nigerian Stock Exchange Rebound Tuesday saw a return of the bulls to control of the local stock market following a...
Naira Continues To Decline, Trading At N775/$1 On P2P And N752/$ On The Black Market
Naira Continues To Decline On Tuesday, June 6, the Naira continued to lose value versus the US dollar and showed...
May & Baker Assures Stockholders of Improved Performance
Shareholders have been reassured by May & Baker Nigeria Plc that the business has started new investments that would improve...
Nigeria’s Imports Suffer Decline Due To Cash Crunch, Recedes By 25.8%
Nigeria's total imports decreased from N7.5 trillion in Q1 '2022 to N5.56 trillion in Q1 '2023, a decrease of 25.83...
CSCS Prepares to Pay Shareholders a Dividend of N1.37
CSCS Prepares to Pay Shareholders Central Securities Clearing System (CSCS) Plc, a Nigerian security depository corporation, has announced plans to...
Unity Bank’s Gross Earnings Increased By N57 Billion In 2022 As Customer Deposits Increase
Unity Bank Gross Earnings Increased By N57 Billion In 2022 As Customer Deposits Increase Unity Bank Plc offered its shareholders...
CBN Committed To Gradual Rate Convergence, Denies Weakening The Naira
CBN Denies Weakening The Naira Even as it reaffirmed its commitment to gradual rate convergence, the Central Bank of Nigeria...
Black Market Naira/Dollar Exchange Rate Drops to N740/$1
Black Market Naira/Dollar Exchange Rate Drops to N740/$1 : The Naira considerably increased versus the Dollar on Wednesday, indicating that...
Investors Consider Tinubu’s Policy Direction As The NGX Upswing Slows To 0.06%
Investors Consider Tinubu's Policy Direction : The Nigerian Exchange (NGX) Limited slightly increased by 0.06 percent on Wednesday as investors...
Ex-UBA Employees Will Benefit From Loan Restructuring And Other Advantages
Ex-UBA Employees Will Benefit From Loan: United Bank for Africa (UBA) Plc has relaunched the UBA Alumni Network Programme, with...
ECA And AfDB Worried About Growing Debt
ECA And AfDB Worried About Growing Debt : Akinwumi Adesina, president of the African Development Bank (AfDB), and Hanan Morsy,...
Stanbic IBTC Distributes N45.35 Billion In Dividends To Its Stockholders
For the fiscal year that ends on December 31, 2022, Stanbic IBTC Distributes N45.35 Billion In Dividends, an increase of roughly...
Chapel Hill And REA Reach An Agreement On The Use Of Solar Energy
To promote the use of solar energy in Nigeria, Chapel Hill Denham, an independent investment banking and securities trading organization,...
Firm Takes Action Against Counterfeiting, Obtains SON’s Endorsement
Golden Diamond Action Against Counterfeiting: Golden Diamond Limited, which has vowed to be relentless in its pursuit of counterfeiters, has...
LCCI Implores Tinubu To Concentrate On Enhancing The Economy And Creating A Business-Friendly Environment
The Lagos Chamber of Commerce and Industry (LCCI) has urged the incoming administration, which will be led by President-elect Asiwaju...
11Plc Offers Optimism For Future Deregulatory Action
The major oil marketer 11Plc (Formerly Mobil Oil Nigeria) is confident that the outlook for 2023 will be better due...
Schneider Electric Provides Energy Solutions For Secure Installations
The energy juggernaut Schneider Electric has given electricians the tools and technical know-how they need for secure installations. Ajibola Akindele,...
Lagos Free Zone Aims To Contribute $12 Billion To GDP
According to the Managing Director of Tolaram, the zone's owners, Dinesh Rathi, the Lagos Free Zone Aims To Contribute $12...
UBA Invests $1 Billion Towards Financing Infrastructure
According to Abiola Bawuah, executive director/chief executive officer of UBA Africa, United Bank for Africa UBA Invest $1 Billion Towards...
The Stock Market Declines By 0.20 Percent Due to CBN’s 0.5% Rate Hike
Following CBN 0.5% Rate Hike, The Stock Market Declines By 0.20 Percent About 24 hours after the Central Bank of...
AfDB Mobilizes Business Sector In Support Of $20 Billion Green Growth Projects
African Development Bank Mobilizes Business Sector In Support Of $20 Billion. Yesterday, the African Development Bank (AfDB) urged the private...
Naira to Dollar, risk Drops To N760/1$ On The Black Market
Naira to Dollar, risk Drops To N760/1$ On The Black Market The naira appears to have lost its long-standing N750/...
Stakeholders Fear That Immediate Subsidy Removal Will Be Risky
Oil and gas industry stakeholders have cautioned that the sudden removal of fuel subsidy will cause great hardship for the...
Nigeria Is Absent, As African Leaders Criticize Debt Financing
Akinwumi Adesina and African leaders yesterday at the African development bank (AfDB) general meeting criticized the global financial system for...
Rogue Consultants: PwC, Tax Evasion and Getting Clients
Things are not looking up at PricewaterhouseCoopers (PwC), a global professional services firm piratically free in sharing confidential tax information...
Whatsapp Users Can Now Edit Sent Messages
Users of WhatsApp can now edit messages that have previously been sent thanks to a new feature. The Chief Executive...
Oil Rises as Canadian Supplies Dwindle
As demand was predicted to increase for oil in the second half of the year and supplies from Canada and...
