News - Page 341

Africa

News

Traders Lament As Enugu Govt Begins Demolition Of Ogige Market

Enugu State government has begun demolition of some parts of the popular Ogige Market, Nsukka, Enugu State. There are indications that the state government under the leadership of Peter Mbah plans to

Judith Donatus and Jacinta Chisom Oguadinma

May 22, 2024

Financial Inclusion Key To Realising Nigeria's $1trn Economy Target - Cardoso

Business·Finance & Economy·News

CBN Raises Benchmark Interest Rate To 26.25%

The Central Bank of Nigeria has increased the benchmark interest rate by 150 basis points to 26.25 per cent. This was the decision of the Monetary Policy Committee (MPC) of the CBN

Victor Ezeja

May 21, 2024

Business·News

Transcorp Power Records N142bn Revenue In 2023

Transcorp Power, a subsidiary of Transnational Corporation Plc (Transcorp Group), has recorded gross earnings of N142.1 billion in 2023, which is a significant 57.3% increase, compared to the previous year. This impressive

Admin

May 21, 2024

Lagos-London Route: Gatwick Airport Urges Passengers To Fly Air Peace

News

Air Peace: Media Reports Of Safety Violation In UK, False

Nigerian flag carrier, Air Peace, has clarified what transpired between the airline and the United Kingdom Civil Aviation Authority (UKCAA), stating that some media reports about the incident were false, sensational and

Victor Ezeja

May 21, 2024

Business·News·Politics

Electricity Tariff Hike: Workers Lock Out Minister During Protest, Issue 14-day Ultimatum

eIn a dramatic turn of events yesterday, members of the National Union of Electricity Employees (NUEE) and the Senior Staff Association of Electricity and Allied Companies (SSAEAC) staged a shutdown at the

Emmanuel Ochayi

May 21, 2024

Africa·News·World News

South Africa’s Court Bars Jacob Zuma From May 29 Parliamentary Election Over Criminal Conviction

In a landmark ruling on Monday, South Africa’s highest court, the Constitutional Court, has barred former President Jacob Zuma from contesting a seat in Parliament in the upcoming national election. The court’s

Emmanuel Ochayi

May 21, 2024

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

Business·Markets·News

Nigeria’s FX Reserves Rise By $535m In 28 Days Amidst Market Volatility

Nigeria’s foreign exchange (FX) reserves have shown a notable increase of approximately $535 million in just under a month, highlighting a positive trend amidst ongoing economic uncertainties. According to recent data from

Emmanuel Ochayi

May 21, 2024

Naira To Strengthen Further As Dangote Industries Repatriates $688m From African Operations

Business·News

I Need 35 Visas To Travel Around, Dangote Decries African Travel Restrictions

At the Africa CEO Forum Annual Summit in Kigali, Rwanda, Aliko Dangote, Nigeria’s renowned business tycoon, expressed frustration over the arduous travel procedures stifling movement across the African continent. Dangote, a vocal

Emmanuel Ochayi

May 21, 2024

Business·News

Food Imports Hit N3trn Over Insecurity, Others – CBN

The Central Bank of Nigeria (CBN) has disbursed a substantial $2.13 billion in 2023 for food imports, highlighting persistent challenges in the country’s agricultural sector despite efforts to boost local production. According

Emmanuel Ochayi

May 21, 2024

6 Factors Behind Poor Performance Of Nigeria’s Oil & Gas Stocks This Year

Business·Markets·News

Equity Market Gains N29bn As Investors Eye MPC Outcome

Nigeria’s equity market saw a marginal uptick on Monday, with gains of 0.05% amounting to N29 billion, as investors kept a keen watch on the ongoing Monetary Policy Committee (MPC) meeting. The

Emmanuel Ochayi

May 21, 2024

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News - Page 341

Traders Lament As Enugu Govt Begins Demolition Of Ogige Market

CBN Raises Benchmark Interest Rate To 26.25%

Transcorp Power Records N142bn Revenue In 2023

Air Peace: Media Reports Of Safety Violation In UK, False

Electricity Tariff Hike: Workers Lock Out Minister During Protest, Issue 14-day Ultimatum

South Africa’s Court Bars Jacob Zuma From May 29 Parliamentary Election Over Criminal Conviction

Nigeria’s FX Reserves Rise By $535m In 28 Days Amidst Market Volatility

I Need 35 Visas To Travel Around, Dangote Decries African Travel Restrictions

Food Imports Hit N3trn Over Insecurity, Others – CBN

Equity Market Gains N29bn As Investors Eye MPC Outcome

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