Business - Page 325

Bank Of England Keeps 15-Year High Interest Rate At 5.25% Amid Israel-Hamas War Concerns

The Bank of England announced its decision to keep the main interest rate at 5.25%, citing concerns related to the Israel-Hamas war's impact on oil and gas prices.

Emmanuel Ochayi

November 3, 2023

Business

CITN Advocates Action On UK-Nigeria Bilateral Tax Agreements

Chartered Institute of Taxation of Nigeria (CITN) has underscored the importance of raising awareness and advocacy for effective implementation of bilateral treaties between the United Kingdom (UK) and Nigeria, especially those pertaining

Emmanuel Ochayi

November 3, 2023

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

Business·Markets

CHAMS, FBNH, Others Top Losers As Market Capitalization Drops To N38trn

The bullish run of the NGX took a hit on Thursday, with the All-Share Index falling by 0.76% to close at 70,042.28 points.

Emmanuel Ochayi

November 3, 2023

MTN Service Down Time Caused By Damaged Undersea Cables

Business

MTN Plans Financial Expansion With N52.895bn Recapitalization

MTN Nigeria has announced its plans to issue two series of commercial papers valued at N52.895 billion, signaling a strategic move to diversify its financing options. The company’s Secretary, Uto Ukpanah, confirmed

Emmanuel Ochayi

November 3, 2023

Business·News

Nigeria Customs Records $518m Exports In 10 Months

The Lilypond Export Command of the Nigeria Customs Service (NCS) has announced that it had overseen the exportation of 12,438 containers, with a Free On Board (FOB) value exceeding $518 million, between

Emmanuel Ochayi

November 3, 2023

First Transshipment Vessel Arrives Lekki Port

Business·News

Decongesting Nigerian Ports: What NPA, Customs Need To Move 7,500 Overtime Containers, Cargoes

It has emerged that it would cost the Nigerian Ports Authority (NPA) N3.6 billion to move more than 7, 500 overtime containers and other cargoes such as abandoned vehicles choking various seaports

Admin

November 3, 2023

Naira Rises Against Dollar, Ends Week On Positive Note

Business·Currency

Naira Hits N972 On Binance As US Dollar Continues To Weaken In Black Market

Naira held its ground in the black market, while the US dollar faced further weakening, with traders speculating on the Federal Reserves’ stance on interest rate hikes

Emmanuel Ochayi

November 3, 2023

Optiva Capital Partners Launches Diaspora Investor Direct Investment

Business·FEATURES

NECHI: Optiva Capital’s Edge Is Our Exclusive Partnerships With Reputable Global Institutions

Mr. Franklin Nechi is the Chairman of Optiva Capital Partners Limited, a leading Investment Immigration Wealth Management Company. In an interactive session with MARCEL MBAMALU and other journalists, he spoke about his

Marcel Mbamalu

November 2, 2023

How Nigeria’s External Reserves Rose By 5.6% To $38.8bn In 2024 — CBN

Business

CBN Speaks On Current Cash Scarcity In Parts Of Nigeria

CBN has reacted to reports of cash scarcity in some locations, assuring that there is sufficient bank notes for economic activities.

Victor Ezejaand

Admin

November 2, 2023

Business·News

Disney Takes Over Hulu With $8.6bn, Targets Streaming Dominance

Walt Disney Company unveiled its acquisition of Comcast's remaining $8.6 billion stake in Hulu on November 1. This maneuver signifies Disney's firm commitment to bolster its presence in the competitive streaming landscape.

Emmanuel Ochayi

November 2, 2023

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Business - Page 325

Bank Of England Keeps 15-Year High Interest Rate At 5.25% Amid Israel-Hamas War Concerns

CITN Advocates Action On UK-Nigeria Bilateral Tax Agreements

CHAMS, FBNH, Others Top Losers As Market Capitalization Drops To N38trn

MTN Plans Financial Expansion With N52.895bn Recapitalization

Nigeria Customs Records $518m Exports In 10 Months

Decongesting Nigerian Ports: What NPA, Customs Need To Move 7,500 Overtime Containers, Cargoes

Naira Hits N972 On Binance As US Dollar Continues To Weaken In Black Market

NECHI: Optiva Capital’s Edge Is Our Exclusive Partnerships With Reputable Global Institutions

CBN Speaks On Current Cash Scarcity In Parts Of Nigeria

Disney Takes Over Hulu With $8.6bn, Targets Streaming Dominance

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