Business - Page 199

Minimum Wage: Public Outcry As Senate Okays Over N60m Annual Salary For CJN, Supreme Court Justices

There has been an outcry by Netizens over Senate’s passage, on Wednesday, of a bill seeking an upward review of salaries, allowances and other fringe benefits of judicial officers in the country, including

Emmanuel Ochayi

June 6, 2024

Intra-Africa Trade: Nigeria Ranks Fourth, Follows South Africa, Cote d’Ivoire, Egypt

Business·News

Nigerian Govt To Suspend Import Duties On Food Items, Pharmaceutical, Others For 6 Months To Tackle Inflation

The Federal Government of Nigeria is set to implement a significant economic measure aimed at curbing inflation by suspending import duties on essential items for a period of six months. This decision,

Emmanuel Ochayi

June 6, 2024

Business·News·Oil & Gas

Investors Withdrawal Looms For 20 modular refineries Over Crude Oil Supply

Funding for approximately 20 modular refineries in Nigeria, by International financiers, may have been put on hold, due to uncertainties surrounding crude oil supply guarantees post-construction. According to industry sources, the financiers,

Emmanuel Ochayi

June 6, 2024

Nigeria's Stock Market Rises As Investors Target Undervalued Shares

Business·Markets·News

Nigeria’s Equity Market Sees First Gain Of The Week, Rises By 0.24%

Nigeria’s equities market recorded its first gain this week on Wednesday, as investors engaged in bargain hunting, pushing the market higher by 0.24%. This positive close came after two consecutive sessions of

Emmanuel Ochayi

June 6, 2024

Business·News·World News

Binance Fraud: Nigerian Govt Promises Fairness As US Lawmakers Fault Executive’s Detention

The Federal Government of Nigeria has affirmed its adherence to due process in the ongoing legal proceedings against the cryptocurrency platform, Binance and one of its top executives, Tigran Gambaryan. On 28th

Emmanuel Ochayi

June 6, 2024

NDIC Begins Payment Of ₦46.6bn To Heritage Bank Depositors

Business·Opinion

Heritage Bank: What You Didn’t Know

Many Nigerians were caught unawares by yesterday’s revocation of the license of Heritage Bank by the CBN, but among many industry operators, it was widely known

Etim Etim

June 6, 2024

AMA News·Business

Swiss-Belhotel International Expands Presence in MENA Region, Signs Agreement for Swiss-Belresidences Rivan in Cairo, Egypt

Continuing its expansion in the Middle East and North Africa (MENA) region, Swiss-Belhotel International, announced today the signing of an agreement for Swiss-Belresidences Rivan, an upscale new residential development, located in Cairo,

Prime Business Africa

June 5, 2024

Business·News

Heritage Bank: FG Opens Online Platform For Depositors To Retrieve Funds From Defunct Bank

The Nigerian Deposit Insurance Corporation (NDIC) has started the liquidation process of Heritage Bank, following the Central Bank of Nigeria’s (CBN) decision to revoke the bank’s licence. The CBN made this announcement

Emmanuel Ochayi

June 5, 2024

Nigeria's Equity Market Declines By 1.99% in March Despite Weekly Gains

Business·Markets·News

Profit-Taking Dips Nigerian Equity Market By 0.12% Amid Banking, Insurance Activity

Nigeria’s equity market moved further into negative territory on Tuesday, declining by 0.12 percent as investors took profits in several stocks, including International Energy, UPDC, Unity Bank, and Chams. This drop follows

Emmanuel Ochayi

June 5, 2024

Business·News·Politics

Lagos, Kaduna, Abia, 27 Other State Government spent N968.64bn On refreshments, Sitting Allowance, Others In 3 months

Lagos, Kaduna, Abia, and 27 other state governments spent N968.64 billion on recurrent expenditures, including refreshments, sitting allowances, and other costs, in the first quarter of 2024. This spending pattern has raised

Emmanuel Ochayi

June 5, 2024

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Business - Page 199

Minimum Wage: Public Outcry As Senate Okays Over N60m Annual Salary For CJN, Supreme Court Justices

Nigerian Govt To Suspend Import Duties On Food Items, Pharmaceutical, Others For 6 Months To Tackle Inflation

Investors Withdrawal Looms For 20 modular refineries Over Crude Oil Supply

Nigeria’s Equity Market Sees First Gain Of The Week, Rises By 0.24%

Binance Fraud: Nigerian Govt Promises Fairness As US Lawmakers Fault Executive’s Detention

Heritage Bank: What You Didn’t Know

Swiss-Belhotel International Expands Presence in MENA Region, Signs Agreement for Swiss-Belresidences Rivan in Cairo, Egypt

Heritage Bank: FG Opens Online Platform For Depositors To Retrieve Funds From Defunct Bank

Profit-Taking Dips Nigerian Equity Market By 0.12% Amid Banking, Insurance Activity

Lagos, Kaduna, Abia, 27 Other State Government spent N968.64bn On refreshments, Sitting Allowance, Others In 3 months

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