Fakoyejo Olalekan

PZ, Honeywell Among Loser’s List, Amid Slight Growth In Nigerian Stock Market

The market capitalisation closed with a 0.02% hike, moving from N27.92 trillion to N27.93 trillion on Thursday. The All Share Index gained 15.11 basis points to rise to 51,817.59 from 51,802.48. About 223.11 million shares, worth N3.87 billion, were traded in 4,213

June 30, 2022

Business·Insights

Bitcoin Creator, Satoshi Nakamoto Loses $22.1 billion, As Aliko Dangote Closes Gap On Richest List

There has been confusion as to the facial identity and background of bitcoin founder, but one thing that has remained constant, without opposing views, is his pseudo name being Satoshi Nakamoto. As of late March, Nakamoto’s networth was estimated at $41.16 billion,

June 30, 2022

Business

FG To Spend N777.61 billion To Buy Transformers, Spare Parts

The Federal Executive Council, presided over by Vice President, Yemi Osinbajo, approved the procurement of equipment worth N777.61 billion to improve power supply across Nigeria. During the FEC meeting on Wednesday, it was revealed that N9.89 billion will be disbursed for onshore

June 30, 2022

Business

Shisha, Cigarettes, Tobacco Prices Set To Rise In Nigeria, As Buhari Increases Tax By 10%

The tax placed on tobacco products has been reviewed upward by the Federal Government, the Minister of State for Health, Olorunnimbe Mamora, has revealed. He said the move is to curb its usage. Prices of tobacco products, as well as shisha and

June 30, 2022

Business·News·Oil & Gas·Top Stories

NNPC Accused Of Diverting N4.2 trillion, Inflating Fuel Consumption Figure By 50 million Litres

The Nigerian National Petroleum Corporation (NNPC) has been accused by the House of Representatives member, Sergius Ose-Ogun, of using the subsidy regime to divert about $10 billion. $10 billion, going by the official exchange rate as of June 30, 2022, would equal

June 30, 2022

Business·Markets

Stock Market: Ikeja Hotels Leads Gainer’s List, UPL Tops Losers’

The capital market ended in a stalemate on Wednesday, with the market capitalisation settling at N27.92 trillion, down by -0.002%. The slight decline was driven by the All Share Index marginally dropping from 51,803.98 to 51,802.48. Over 416.46 million shares were exchanged

June 29, 2022

News

9 months Unpaid Pension: House Of Reps Reveals Why Retired Civil Servants Are Yet To Receive Payment

The House of Representatives have stated that it will investigate the Pension Transitional Arrangement Directorate (PTAD) for failure to pay pension to Federal Civil Service retirees. According to the lawmaker, Sergius Ose-Ogun, from Edo state, who moved the motion for a probe,

June 29, 2022

News·Technology·Top Stories

TikTok Under Threat As US, 5 Others Seek To Delete Chinese App From Google, Apple Stores

The operation of video-sharing app, TikTok, is under threat from the United States Government. The US demanded that appstores owned by Google and Apple should take down the Chinese app. US made the request through the Federal Communications Commission (FCC), extending a

June 29, 2022

Business·Oil & Gas

NNPC Boss Reveals Number Of Illegal Refineries Operating In Nigeria After N434 billion Loss

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Limited, Mele Kyari, has revealed over 100 illegal refineries are being operated in Nigeria, as the country continues to lose billions to oil theft. Kyari made the staggering revelation during his

June 29, 2022

Business·Insights

What’s Happening To Mike Adenuga: Drops On Billionaire Ranking, As Glo Loses Almost N0.2billion Investment

Globacom founder, Mike Adenuga, began last year as the fourth richest man in Africa, a position he held alongside South African Fashion and retail business mogul, Johann Rupert. However, Rupert’s has gone on to become the second richest person on the continent

June 29, 2022

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Fakoyejo Olalekan

PZ, Honeywell Among Loser’s List, Amid Slight Growth In Nigerian Stock Market

Bitcoin Creator, Satoshi Nakamoto Loses $22.1 billion, As Aliko Dangote Closes Gap On Richest List

FG To Spend N777.61 billion To Buy Transformers, Spare Parts

Shisha, Cigarettes, Tobacco Prices Set To Rise In Nigeria, As Buhari Increases Tax By 10%

NNPC Accused Of Diverting N4.2 trillion, Inflating Fuel Consumption Figure By 50 million Litres

Stock Market: Ikeja Hotels Leads Gainer’s List, UPL Tops Losers’

9 months Unpaid Pension: House Of Reps Reveals Why Retired Civil Servants Are Yet To Receive Payment

NNPC Boss Reveals Number Of Illegal Refineries Operating In Nigeria After N434 billion Loss

What’s Happening To Mike Adenuga: Drops On Billionaire Ranking, As Glo Loses Almost N0.2billion Investment

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