News - Page 327

Africa

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

News·Sports

Novak Djokovic Chase for Olympic Gold In Limbo Again

It is not yet Uhuru for 24th Grand Slam winner, Novak Djokovic, in his quest to win the Olympic Gold medal, which appears to be the only elusive title in his collection.

Julius Okorie

June 5, 2024

Kenya Signs $238m Deal With l Korea Exim Bank For Digital Media City Project

Africa·News

Kenya Signs $238m Deal With Korea Exim Bank For Digital Media City Project

Kenya has signed an agreement of $238 million (KSh31 billion) with the Republic of South Korea's Exim Bank to finance the establishment of a Digital Media City at the Konza Technopolis.

Victor Ezeja

June 5, 2024

Entertainment·News

Tems Reveals Reasons For Baggy Switch

Ever wondered why Nigerian songwriter and music producer, Temilade Openiyi, popularly known as Tems, prefers to go to the studio in baggy clothes in an industry where body exposure is seen as

Julius Okorie

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

News·Sports

Falconets Fear No Foes As Opponents Emerge Wednesday

Nigeria’s female U-20 team, the Falconets, will know their group opponents in this year’s FIFA U-20 World Cup to be hosted by Colombia, today, Wednesday, June 5. The Falconets qualified for the

Julius Okorie

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

Naira vs Dollar: What To Expect This Week (24th-30th, March 2025)

Business·Markets·News

Naira Stable On More Dollar Sales

The naira remained stable across foreign exchange markets on Tuesday, with a surge in dollar sales by 94.46% at the official market. Despite the fluctuations, the local currency showed resilience, reflecting the

Emmanuel Ochayi

June 5, 2024

TUC Warns of Nationwide Strike Over New ATM Withdrawal Fee

Business·News·Politics

Minimum Wage: Labour Union’s N494k Demand Is Not Fixed, Says TUC President

Festus Osifo, President of the Trade Union Congress (TUC), clarified on Tuesday that the N494,000 minimum wage demand is not fixed, emphasizing that organized labor approached negotiations with an ideal scenario in

Emmanuel Ochayi

June 5, 2024

Nigeria’s Oil Production Declines By 33,000 Barrels As OPEC Reports Setback In September

Business·News·Oil & Gas·World News

OPEC Sees Oil Output Rise In May As Nigeria, Iraq Lead Increase- Report

OPEC’s oil production saw a notable increase in May 2024, driven by higher exports from Nigeria and Iraq. According to a Reuters survey released on Tuesday, the Organisation of the Petroleum Exporting

Emmanuel Ochayi

June 5, 2024

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News - Page 327

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

Novak Djokovic Chase for Olympic Gold In Limbo Again

Kenya Signs $238m Deal With Korea Exim Bank For Digital Media City Project

Tems Reveals Reasons For Baggy Switch

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

Falconets Fear No Foes As Opponents Emerge Wednesday

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

Naira Stable On More Dollar Sales

Minimum Wage: Labour Union’s N494k Demand Is Not Fixed, Says TUC President

OPEC Sees Oil Output Rise In May As Nigeria, Iraq Lead Increase- Report

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