News - Page 376

Africa

NGX ASI Further Drops By 0.67%, As BUA Cement, Eterna Among Top Losers

NGX Sees 7th Day Of Losses, N304bn Equity Drop, FBN’s SWOOT Exit

The Nigerian Stock Exchange (NGX) witnessed another day of downturn, marking the seventh consecutive day of losses for investors. The NGX All-Share Index, a key indicator of market performance, took a hit,

Emmanuel Ochayi

April 16, 2024

OPEC Envisions Medium-Term Emergence Of Modular Refineries In Nigeria

Business·News·Oil & Gas

Dangote, Modular Refineries To Pay Naira For Crude Oil- Nigerian Govt

The Nigerian government has greenlit domestic crude oil transactions to be conducted in naira or dollars, addressing long-standing concerns of indigenous refineries and operators. The declaration, announced by the Nigerian Upstream Petroleum

Emmanuel Ochayi

April 16, 2024

Nigerian Govt Spends ₦380bn On Electricity Subsidy In Q2 2024 — NERC

Business·News

Nigeria Faces Sixth Grid Collapse Of 2024: System Instability With Recurrent Challenges

Nigeria’s power grid stumbled yet again, marking the sixth collapse this year. The collapse on Monday dawn witnessed a drop in electricity generation from 2,583.77 megawatts to a meager 64.7MW before recovery

Emmanuel Ochayi

April 16, 2024

Nigerian Government Exempts VAT On Diesel, LNG, CNG, Electric Vehicles To Lower Energy Costs

Business·News

How Nigeria’s FDI Fell By $19bn In 10 Years – Minister Of Finance

Finance Minister Wale Edun revealed a concerning trend of how the Foreign Direct Investment (FDI) into Nigeria has plummeted by $19 billion over the past decade. From $22.7 billion in 2014, FDI

Emmanuel Ochayi

April 16, 2024

Naira Ends Week With N30 Gain In Black Market: Hope For Naira?

Business·Markets·News

Naira Nears N1,000/$1 At Parallel Market As Traders Anticipate Further Gains

The Nigerian naira is on an upswing against the United States dollar, reaching N1,136/$ at the official market and N1,050/$ at the parallel market by the close of trading on Monday. Traders

Emmanuel Ochayi

April 16, 2024

UNN Governing Council Moves To Appoint Another Acting VC Just 2 Months After Ezeokonkwo’s Election

News

UNN’s Mass Comm Dept Holds Int’l Conference, Jacksonite Annual Lecture Series

Special academic festivities will unveil mid-week at the Mass Communication Department of the University of Nigeria, Nsukka (UNN), from April 17-19, 2024.

Admin

April 16, 2024

News

Air Peace Boss Commends Pelumi for London-Lagos Solo Drive, Offers Free London Flight Ticket

Chairman of Air Peace, Dr Allen Onyema, has applauded Solo Driver Pelumi Nubi for accomplishing the feat of driving from London to Lagos. This is as Onyema has also offered Miss Nubi

Victor Ezeja

April 15, 2024

Business·Markets·News·World News

Gold Prices Rise As Iran’s Attack On Israel Sparks ‘Safe Haven’ Demand

In a dramatic turn of events, gold prices surged in Asian trading, nearing record highs, driven by heightened demand for safe havens following Iran’s strike on Israel. Spot gold witnessed a 0.6%

Emmanuel Ochayi

April 15, 2024

Business·News

Humanitarian Affairs Probe: EFCC Recovers New $445,000, N3bn

The Economic and Financial Crimes Commission (EFCC) has made strides in its investigation into Humanitarian Affairs, as it recovers a substantial sum of money. According to EFCC spokesman Dele Oyewale, the commission

Emmanuel Ochayi

April 15, 2024

Nigerian Govt Yet To Address Real Drivers Of Inflation – CPPE

Business·News

Just In: Nigeria’s Inflation Rate Hits 33.2%- NBS

Nigeria’s inflation rate took another stride, hitting 33.2% in March 2024, marking a 1.5% jump from February’s 31.7%. Though the climb persisted, it was a tad slower compared to the prior month’s

Emmanuel Ochayi

April 15, 2024

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News - Page 376

NGX Sees 7th Day Of Losses, N304bn Equity Drop, FBN’s SWOOT Exit

Dangote, Modular Refineries To Pay Naira For Crude Oil- Nigerian Govt

Nigeria Faces Sixth Grid Collapse Of 2024: System Instability With Recurrent Challenges

How Nigeria’s FDI Fell By $19bn In 10 Years – Minister Of Finance

Naira Nears N1,000/$1 At Parallel Market As Traders Anticipate Further Gains

UNN’s Mass Comm Dept Holds Int’l Conference, Jacksonite Annual Lecture Series

Air Peace Boss Commends Pelumi for London-Lagos Solo Drive, Offers Free London Flight Ticket

Gold Prices Rise As Iran’s Attack On Israel Sparks ‘Safe Haven’ Demand

Humanitarian Affairs Probe: EFCC Recovers New $445,000, N3bn

Just In: Nigeria’s Inflation Rate Hits 33.2%- NBS

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