Fakoyejo Olalekan

Premier League Broadcasting Revenue Hits €3.5 billion, La Liga, 4 Others Fall Behind

English Premier League broadcasting revenue has just hit €3.5 billion, according to a new research by Safebettingsites. the research showed that the EPL generated the highest broadcasting revenue in the 2021/22 season, when compared with the Spanish La Liga, German Bundesliga, Italian

August 25, 2022

Business

MTN Lists 7 Nigerian States To Enjoy New 5G Network, Beats Mafab To Test-run

Days after Mafab Communications reported it hit a setback in its new 5G network rollout, MTN Nigeria has began to connect its subscribers in seven states across the country, leaving out 29 others. MTN Nigeria said the test run of the 5G

August 24, 2022

Stanbic IBTC Fined N159 million For Earnings Misinformation, Hoarding Export Proceeds, Others

Business·Insights

Stanbic IBTC To Pay N19.43 billion Of Its Net Profit To Investors In Dividend Season

Stanbic IBTC management have proposed an interim dividend payout of N1.50kobo per share to shareholders of the financial institution for the period ended June 2022, after recording 36.04% growth in net profit within the first half (H1) of this year. According to

August 24, 2022

Business

Ex-Afreximbank Director, Obi Emekekwue, Condemns Nigeria’s Ban On Foreign Model Advert

The former Director & Global Head of Communications at the African Export-Import Bank (Afreximbank), Obi Emekekwue, has condemned the decision of the Advertising Regulatory Council of Nigeria (ARCON) to ban foreign models from Nigerian adverts. Prime Business Africa had reported that ARCON’s

August 24, 2022

NNPCL Denies Inflating Fuel Subsidy Payments

Business

NNPC Fails To Remit Into Federal Account Despite N2.38 trillion Revenue In Six Months

The Nigerian National Petroleum Company (NNPC) Limited has disclosed that it made N2.38 trillion revenue from oil sales, however the corporation didn’t remit any money to the Nigerian government’s account in six months. According to the Federation Accounts Allocation Committee (FAAC) report

August 24, 2022

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Dollar To Naira Exchange Rate: BDC Operators Increase Dollar Rates After CBN Snub

August 24, 2022 Dollar Rates Update: Bureau De Change (BDC) operators increased Dollar rates on Tuesday, as demand for the United States currency outweighs supply in the black market and official forex market in Nigeria. The operators in the parallel market sold

August 24, 2022

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Business·Markets

Investors Lose N426.06 billion, As Sell-off Rocks BUA Foods, Seplat On Nigerian Stock Market

Investors lost over N426.06 billion on Tuesday, resulting to the market capitalisation closing down at N26.18 trillion. This was due to sell off among traders, which caused the market capitalisation to depreciate by -1.60%, having closed Monday’s trading with N26.61 trillion. Today’s

August 23, 2022

Business·World News

British Airways To Cut Over 10,000 Heathrow Airport Flights

About 10,000 short-haul flights of British Airways connecting the Heathrow Airport will be cut by the company between late October and March, as low staff affect the firm’s operation. The affected flights, which will be rescheduled, cancelled or diverted to another airline,

August 23, 2022

Business·Insights

Femi Otedola, Other First Bank Investors Lose Over 7% Of Investment

The capital market investors have lost 7 per cent investments in First Bank of Nigeria Holdings. This is despite FBN Holdings finances experiencing a boost. Net profit of FBN Holdings grew by 48.6% in H1 2022, outperforming two corresponding periods in 2021,

August 23, 2022

Business

Nigerian Gov’t Bans Use Of Foreign Models, Others In Advertisement

The Director-General of the Advertising Regulatory Council of Nigeria (ARCON), Olalekan Fadolapo, has warned advertisers against using foreigners to promote their products and services. Fadolapo, in a statement released on Monday, said the use of foreign models and voice-over artists in Nigerian-focused

August 23, 2022

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Fakoyejo Olalekan

Premier League Broadcasting Revenue Hits €3.5 billion, La Liga, 4 Others Fall Behind

MTN Lists 7 Nigerian States To Enjoy New 5G Network, Beats Mafab To Test-run

Stanbic IBTC To Pay N19.43 billion Of Its Net Profit To Investors In Dividend Season

Ex-Afreximbank Director, Obi Emekekwue, Condemns Nigeria’s Ban On Foreign Model Advert

NNPC Fails To Remit Into Federal Account Despite N2.38 trillion Revenue In Six Months

Dollar To Naira Exchange Rate: BDC Operators Increase Dollar Rates After CBN Snub

Investors Lose N426.06 billion, As Sell-off Rocks BUA Foods, Seplat On Nigerian Stock Market

British Airways To Cut Over 10,000 Heathrow Airport Flights

Femi Otedola, Other First Bank Investors Lose Over 7% Of Investment

Nigerian Gov’t Bans Use Of Foreign Models, Others In Advertisement

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