Business - Page 367

CBN Reforms Yielding Positive Returns As FX Transactions Surge To $800m, CBN Gov Assert

Tinubu Approves Nomination Of Cardoso As CBN Governor, 4 Deputies

President Bola Tinubu has approved the nomination of Dr. Olayemi Cardoso as the new Governor of the Central Bank of Nigeria and four others. The appointment, subject to confirmation by the Senate,

Emmanuel Ochayi

September 15, 2023

Business·News·World News

Bank Of America Bullish On Axcelis Technologies In Semiconductor Market

In a surprising turn of events, Bank of America has taken a bullish stance on Axcelis Technologies (ACLS), defying the recent market downturn and initiating coverage with a Buy rating. ACL Solutions

Emmanuel Ochayi

September 15, 2023

Maintaining Healthy Diet For Nigerians Surge From N703 To N786- NBS Reveals

Business·Finance & Economy·News

Nigeria’s Public Debt Soars by 75.27% in Q2 2023, Says NBS

In a stunning revelation, the Nigerian Bureau of Statistics (NBS) has confirmed that Nigeria’s public debt witnessed a staggering 75.27% growth on a quarter-on-quarter basis. The NBS made this startling announcement on

Emmanuel Ochayi

September 15, 2023

Nigeria’s Inflation Hits 33.69% In April As Costs Of Food, Others Continue To Rise

Business·Finance & Economy·News

Nigeria’s August Inflation Hits 25.80%- NBS Reveals

In a startling revelation, the National Bureau of Statistics (NBS) disclosed today that Nigeria’s inflation rate surged to a worrisome 25.80 percent in August, marking a significant uptick compared to the 24.08

Emmanuel Ochayi

September 15, 2023

Business·Finance & Economy·News·World News

Russian Central Bank Governor Rejects Currency Controls, Advocates Economic Measures

Russian Central Bank Governor Elvira Nabiullina firmly rejects the idea of reintroducing currency controls following the recent interest rate hike to 13%. Nabiullina cautioned that such measures would prove ineffective and eventually

Emmanuel Ochayi

September 15, 2023

Business·News·Sports

Football Transfer News: Klopp Unperturbed By Saudi January Interest In Liverpool’s Salah

Liverpool manager Jurgen Klopp is not fazed about the possibility of Egyptian forward Mohamed Salah being targeted by Saudi Arabian rich clubs once again when the winter transfer window opens in January

Izuchukwu Okosi

September 15, 2023

Business·News·World News

Ardonagh’s £1.2 Billion Insurance Sale Fuels CEO’s Expansion

In a strategic move, the Ardonagh Group is selling its personal insurance business, Atlanta Group, in a deal valued at £1.2 billion. This sale not only marks a significant shift in the

Emmanuel Ochayi

September 15, 2023

Business·News

5 Metrics Of UBA’s Record H1 Profit Surge

United Bank for Africa Plc (UBA) has unveiled its 2023 half-year financial report, showing a meteoric rise in profit. “We’re witnessing a remarkable transformation here,” said Oliver Alawuba, the group managing director/chief

Emmanuel Ochayi

September 15, 2023

Business·Insights

Nigeria Destroying Illegal Refineries, Yet No Legal Refinery

In a two-minute documentary in early September entitled “War on Crude Oil Theft”, the Nigerian National Petroleum Company Limited (NNPCL) said it found and destroyed 93 illegal pipeline connections and 69 illegal

MARCEL MBAMALU

September 15, 2023

Business·News·Oil & Gas

NNPC Retail’s N18.4 Billion Q1 Profit Post OVH Energy Deal- Mele Kyari Reveals

Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), delivered a compelling testimony today before the House of Representatives Ad-Hoc Committee on the OVH Energy acquisition,

Emmanuel Ochayi

September 15, 2023

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Business - Page 367

Tinubu Approves Nomination Of Cardoso As CBN Governor, 4 Deputies

Bank Of America Bullish On Axcelis Technologies In Semiconductor Market

Nigeria’s Public Debt Soars by 75.27% in Q2 2023, Says NBS

Nigeria’s August Inflation Hits 25.80%- NBS Reveals

Russian Central Bank Governor Rejects Currency Controls, Advocates Economic Measures

Football Transfer News: Klopp Unperturbed By Saudi January Interest In Liverpool’s Salah

Ardonagh’s £1.2 Billion Insurance Sale Fuels CEO’s Expansion

5 Metrics Of UBA’s Record H1 Profit Surge

Nigeria Destroying Illegal Refineries, Yet No Legal Refinery

NNPC Retail’s N18.4 Billion Q1 Profit Post OVH Energy Deal- Mele Kyari Reveals

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