Business - Page 268

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

Nigerian Stocks Surge By 6.54% In First Week Of 2024 Amidst Sustained Investor Confidence

Amidst a surge in trading activity and a marked uptick in market indices, the Nigerian Exchange Limited (NGX) closed the first week of 2024 on a positive trajectory. The All-Share index witnessed

Emmanuel Ochayi

January 6, 2024

Business·News·World News

UN Warns Of Looming Global Growth Crisis Amid Rising Tensions

The United Nations’ World Economic Situation and Prospects (WESP) 2024 report sounded the alarm on a distressing economic future, citing persistent low growth as a looming threat to sustainable development. The report,

Emmanuel Ochayi

January 6, 2024

Business·News

EFCC’s Raid On Dangote Group Threatens Nigeria’s Economy, Lawmaker Warns

The intrusion by the Economic and Financial Crimes Commission (EFCC) into the premises of Dangote Group has sparked concerns about its potential negative impact on Nigeria’s economy. The EFCC’s visit to the Dangote

Emmanuel Ochayi

January 6, 2024

Business·Entertainment·News

NNPCL, Infinix, Netizens Gift Lady Mocked For Waking Up At 4.50am To Cook For Husband

The Nigerian National Petroleum Company Limited (NNPCL) has extended a gesture of appreciation to #_Debbie_OA, a trending social media figure, by offering an N200,000 PMS voucher. The company, acknowledging her daily 4:50

Emmanuel Ochayi

January 6, 2024

Business·News

GSK, JSM Exit Will Further Squeeze Nigeria’s Health Sector – Obi

Presidential candidate of the Labour Party in the 2023 general elections, Mr Peter Obi, has decried the continued shutdown of operations by foreign companies in Nigeria, warning that such development has detrimental

Victor Ezeja

January 6, 2024

Why No Plan To Withdraw Dormant Refining Licences – Nigerian Govt

Business·News·Oil & Gas

Port Harcourt Refinery Begins Operations After Test-run This Month – NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) has confirmed that the test run on the 60,000-barrels-per-day (bpd) Port Harcourt refinery is on course and would be concluded this month. Femi Soneye, the

Victor Ezeja

January 5, 2024

Business·World News

How Crypto Startup Founder, Bill Lou, Lost $125,000 To Airdrop Scam

Bill Lou, co-founder of Nest Wallet, a crypto startup dedicated to enhancing wallet security, has fallen victim to scammers, losing $125,000 while attempting to claim an airdrop. Expressing his shock and devastation,

Emmanuel Ochayi

January 5, 2024

Business·News

Why Foreign Investment Continues To Decline In Nigeria – KPMG

KPMG has highlighted reasons for decline in Foreign Direct Investment and the impact on Nigeria’s economy.

Victor Ezeja

January 5, 2024

Business·News

NGX Imposes Mandatory Compliance Training On Multi-Trex Integrated Foods, Infinity Trust Mortgage Bank Following Breaches

Nigerian Exchange Limited has taken decisive action against Multi-Trex Integrated Foods Plc and Infinity Trust Mortgage Bank Plc, instructing them to undergo Mandatory Compliance Training after non-compliance with post-listing regulations.

Emmanuel Ochayi

January 5, 2024

Nigeria’s power generation has risen to 5,313 Mega Watts (MW), first time in three years, says the Minister of Power, Bayo Adelabu.

Business·Power

‘Nigeria Needs $2.5bn Investment To Tackle Power Sector Crisis’

Energy adviser to President Bola Tinubu, Olu Verheijen, says Nigeria's ailing power sector needs about $2.5 billion (N2 trillion) capital investment to revamp it.

Victor Ezeja

January 5, 2024

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Business - Page 268

Nigerian Stocks Surge By 6.54% In First Week Of 2024 Amidst Sustained Investor Confidence

UN Warns Of Looming Global Growth Crisis Amid Rising Tensions

EFCC’s Raid On Dangote Group Threatens Nigeria’s Economy, Lawmaker Warns

NNPCL, Infinix, Netizens Gift Lady Mocked For Waking Up At 4.50am To Cook For Husband

GSK, JSM Exit Will Further Squeeze Nigeria’s Health Sector – Obi

Port Harcourt Refinery Begins Operations After Test-run This Month – NNPCL

How Crypto Startup Founder, Bill Lou, Lost $125,000 To Airdrop Scam

Why Foreign Investment Continues To Decline In Nigeria – KPMG

NGX Imposes Mandatory Compliance Training On Multi-Trex Integrated Foods, Infinity Trust Mortgage Bank Following Breaches

‘Nigeria Needs $2.5bn Investment To Tackle Power Sector Crisis’

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