Business - Page 421

UEFA Set To Amend Rules On Club Ownership That Affects Man City, Newcastle, Chelsea

Amidst reports that Newcastle United are planning to follow in the footsteps of Manchester City and Chelsea who have bought franchises at some European clubs, the European football governing body, UEFA, is

Izuchukwu Okosi

June 26, 2023

Business·Markets

Stock Market Gainers Earn N71.94bn, Unity Bank, Cutix Among Losers’ List

The gainers in the stock market on Monday, 26 June, pocketed N71.94 billion, as the Nigerian bourse capitalisation increased from N32.23 trillion to N32.30 trillion. The All-Share Index grew by 129.25 basis points to

Fakoyejo Olalekan

June 26, 2023

Business

We Uncovered Subsidy Claims On Pipelines That Never existed – Isa Yuguda

Former governor of Bauchi State, Isa Yuguda has revealed how alleged scams were discovered in petrol, subsidy payments between 2008 and 2009 and but unfortunately, the recommendations made were not implemented. He

Victor Ezeja

June 26, 2023

NNPCL Denies Inflating Fuel Subsidy Payments

Business·Oil & Gas

NNPC Involved In Fuel Subsidy Scam Before Removal, Yuguda Reveals

The Former Governor of Bauchi State, Isa Yuguda, has accused the Nigerian National Petroleum Company (NNPC) Limited of enabling a fuel subsidy scam before its removal. Yuguda said the NNPC collaborated with

Fakoyejo Olalekan

June 26, 2023

Business·Oil & Gas

Bauchi Ex-gov Reveals He has A Friend Tired Of Making Money From Fuel Subsidy Scam

A former governor of Bauchi State, and former minister of Aviation, Isa Yuguda, has revealed that one of his friends benefited significantly from the fuel subsidy scam. Yuguda said the friend, operating

Fakoyejo Olalekan

June 26, 2023

External Reserves Fall To Two-Year Low, To Affect Tinubu’s N200/$1 Rate Ambition

Business

Tinubu Told To End Bank Transfer Charges, Reduce Workers’ Pension Contribution

President Bola Tinubu has been urged to end bank charges and reduce workers’ monthly contributions to pension schemes to cushion the negative effect of the fuel subsidy removal on Nigerians. This was

Fakoyejo Olalekan

June 26, 2023

Africa·Business·Insights

African Countries Losing Nigeria’s N52.38trn Foreign Trade To Europe, Asia

Nigerian traders are cutting down their foreign trade with other African countries, a move the European countries and Asia are benefiting from. There have been changes in the trading behaviour of Nigerian

Fakoyejo Olalekan

June 26, 2023

Business·News

Post No Debit: ‘Dead’ Customer Recants, Thanks Polaris Bank For Protecting His Funds

Polaris Bank customer, Mr Anthony Olasele, on Thursday, June 23, wrote on his Twitter handle to praise the bank for protecting his account. Mr. Olasele, with Twitter handle @avogroovy, had on his

Editor

June 24, 2023

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Business·News

CBN Adds Bank Customers’ Digital Footprints, Social Media Handles To KYC Rules

Nigerian banks are now mandated to demand customers’ social media handles as part of Know Your Customer (KYC) requirement for opening new accounts and maintaining existing ones. The Central Bank of Nigeria

June 24, 2023

Business

Nigeria’s External Debt Is Now ₦49.85trn, Up From ₦46trn

The Debt Management Office says Nigeria’s total foreign debt for the period ending March 31st, 2023, stands at ₦49.85 trillion ($108.30 billion) from ₦46.25 trillion as of December 21st 2022. This was

Ifeanyi Ibeand

Admin

June 23, 2023

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Business - Page 421

UEFA Set To Amend Rules On Club Ownership That Affects Man City, Newcastle, Chelsea

Stock Market Gainers Earn N71.94bn, Unity Bank, Cutix Among Losers’ List

We Uncovered Subsidy Claims On Pipelines That Never existed – Isa Yuguda

NNPC Involved In Fuel Subsidy Scam Before Removal, Yuguda Reveals

Bauchi Ex-gov Reveals He has A Friend Tired Of Making Money From Fuel Subsidy Scam

Tinubu Told To End Bank Transfer Charges, Reduce Workers’ Pension Contribution

African Countries Losing Nigeria’s N52.38trn Foreign Trade To Europe, Asia

Post No Debit: ‘Dead’ Customer Recants, Thanks Polaris Bank For Protecting His Funds

CBN Adds Bank Customers’ Digital Footprints, Social Media Handles To KYC Rules

Nigeria’s External Debt Is Now ₦49.85trn, Up From ₦46trn

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