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Latest News in Nigeria - Page 69

UBA Reports Record 149% Net Interest Income Growth Of N2trn In Q3

UBA Continues Growth Streak in Q3 The United Bank for Africa (UBA) has recorded a 149% rise in net interest income in its recently announced unaudited results for Q3 2024. The bank reported gross earnings of N2.398 trillion, an 83.2% increase from

October 22, 2024

Business·Finance & Economy·News

From ‘T-Hope’ To ‘T-Pain’: Is President Tinubu’s Renewed Hope Agenda Failing Nigerians?

Nigerians Struggle with Tinubu’s Reforms Less than two years into President Bola Tinubu’s administration, Nigerians are feeling the sting of reforms meant to revitalize the economy. Once hailed as the leader who would bring “renewed hope,” Tinubu is now being nicknamed “T-Pain”

October 22, 2024

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business·Markets·News

Nigeria’s Equity Market Gains 0.64% As Seplat Energy, PZ, Others Shares Surge After Key Acquisition

Equity Market Starts Week Strong with Seplat Energy Leading Nigeria’s equity market kicked off the new week on a positive note, gaining 0.64% at the close of trading on Monday. Investors focused heavily on buying shares of Seplat Energy Plc, PZ Cussons,

October 22, 2024

Business·News·Oil & Gas

Fuel Price Chaos: From N195 To N1,200 In Less Than 2years Amid Economic Hardship

A Price Surge That Stunned a Nation Nigeria, Africa’s largest economy, has faced a fuel price increase so staggering that citizens are left reeling in shock. In less than two years, fuel prices skyrocketed from N195 per litre to over N1,200 at

October 22, 2024

NLC To Tinubu: Reject World Bank's Cruel Advice On Economic Reforms

Business·News

NLC Urges Tinubu To Reject World Bank’s ‘Cruel’ Economic Reforms

The Clash Over Economic Reforms In a bold move, the Nigerian Labour Congress (NLC) has publicly urged President Bola Tinubu to reject the recent advice of the World Bank regarding the country’s economic reforms. This call comes amid widespread hardship across Nigeria,

October 21, 2024

Broken Promises, Broken Trust: The Failure Of Government Communication In Nigeria

FEATURES·Opinion

Broken Promises, Trust: Bane Of Government Communication In Nigeria

Communication Breakdown Between Nigerian Government and Citizens The relationship between a government and its citizens is critical to the progress of any society. When the government fails to effectively communicate policies and initiatives, it creates a deep disconnect. This is evident in

October 21, 2024

Why Nigeria's Inflation Rate Keeps Rising Despite Hope Of Decline

Business·FEATURES·News

How Inflation, Price Gouging Hold Nigerians Hostage

Nigerians Held Hostage by Inflation and Price Gouging In Nigeria today, prices of essential goods and services are soaring at an alarming rate, making life unbearable for the average citizen. From basic food items to fuel and rent, price gouging has become

October 21, 2024

Dangote Refinery To Start Processing Only Nigerian Oil By Year End

Business·News·Oil & Gas

Dangote Refinery Supplies Two-Thirds Of Nigeria’s Jet Fuel As Imports Decline

Dangote Refinery Takes Lead in Jet Fuel Production Aviation jet fuel from the Dangote Refinery has come to dominate Nigeria’s supply, accounting for roughly two-thirds of the market. This development marks a shift in the country’s reliance on imported jet fuel, with

October 21, 2024

Business·News

Minimum Wage: Full List Of States Paying N70,000, Above

In July 2024, President Bola Tinubu approved an increase in Nigeria’s minimum wage from N30,000 to N70,000, a move that aimed to alleviate the economic strain on workers. However, the implementation of this new minimum wage has been uneven across the country.

October 20, 2024

Nigeria Tops Global List Of Population Without Electricity, AfDB President Reveals

Africa·Business·News

Nigeria Tops Global List Of People Without Electricity, AfDB President Reveals

Nigeria’s Electricity Crisis: 86 Million Without Power Nigeria is facing a serious electricity crisis, with an alarming 86 million people living without access to electricity. This revelation was made by Akinwunmi Adesina, President of the African Development Bank (AfDB), during the 90th

October 20, 2024

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Latest News in Nigeria - Page 69

UBA Reports Record 149% Net Interest Income Growth Of N2trn In Q3

From ‘T-Hope’ To ‘T-Pain’: Is President Tinubu’s Renewed Hope Agenda Failing Nigerians?

Nigeria’s Equity Market Gains 0.64% As Seplat Energy, PZ, Others Shares Surge After Key Acquisition

Fuel Price Chaos: From N195 To N1,200 In Less Than 2years Amid Economic Hardship

NLC Urges Tinubu To Reject World Bank’s ‘Cruel’ Economic Reforms

Broken Promises, Trust: Bane Of Government Communication In Nigeria

How Inflation, Price Gouging Hold Nigerians Hostage

Dangote Refinery Supplies Two-Thirds Of Nigeria’s Jet Fuel As Imports Decline

Minimum Wage: Full List Of States Paying N70,000, Above

Nigeria Tops Global List Of People Without Electricity, AfDB President Reveals

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