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Latest News in Nigeria - Page 89

CAC Warns POS Operators As Registration Deadline Expires

The Corporate Affairs Commission (CAC) has reiterated its warning to Point of Sale (POS) operators following the expiration of the 60-day deadline for business registration. The directive, issued on July 7, 2024, gave operators until September 5, 2024, to comply. CAC moves

September 7, 2024

Nigerian Debt: Why Are States Still Borrowing Despite Increased FAAC Allocations?

Business·News

Top 15 Nigerian States With Highest External Debt Service Costs In 2024

Nigeria’s external debt continues to rise, with states facing increasing financial obligations to service their debts. In the first half of 2024, Nigerian states collectively spent about N139.92 billion on external debt servicing. This figure represents a significant increase of 122% compared

September 6, 2024

Nigeria's Equity Market Declines By 1.99% in March Despite Weekly Gains

Business·Markets·News

Nigeria’s Equity Market Dips As Oando, RT Briscoe, FTN Cocoa Slide

The Nigerian equity market ended in negative territory on Thursday as cautious investor sentiment persisted, with little optimism driving stock prices. The Nigerian Exchange Limited (NGX) saw a downturn in trading activity, as stocks like Oando, RT Briscoe, and FTN Cocoa experienced

September 6, 2024

Business·Markets·News·Oil & Gas

NNPCL’s $6.8 Billion Debt Crisis Sparks Calls for Urgent Privatisation

The Nigerian National Petroleum Company Limited (NNPCL) has found itself at the centre of a financial and operational crisis that has left Nigerians reeling from the consequences. The NNPCL, once hailed as Nigeria’s most valuable asset, is now being viewed by many

September 5, 2024

Business·Markets·News

Nigeria’s Equity Market Declines By 0.35%, Investors Take Profit In Major Stocks

Nigeria’s equity market saw a dip of 0.35%, shedding N193 billion in value on Wednesday, marking the first negative close for September. Investors began to take profits from some of the market’s major gainers year-to-date, resulting in a downward trend. Major Stocks

September 5, 2024

Dangote Refinery Debunks Report On Reselling Imported Crude

Business·News·Oil & Gas

Price Hike: Dangote Refinery Won’t Sell Petrol At A Loss – Expert

Dangote Refinery is expected to prioritise profit despite high fuel prices in Nigeria, according to energy expert, Olabode Sowunmi. Speaking on ARISE News on Wednesday, Olabode Sowunmi, Chairman of the Energy Transition Study Group at the Nigerian Gas Association, addressed these concerns.

September 4, 2024

FEATURES·News·Politics

Why Good Governance Remains A Myth In Nigeria

Good governance is often hailed as the cornerstone of a nation’s progress and development. In Nigeria, this concept holds significant weight among both the elite and the common people. However, the understanding of what constitutes “good governance” varies widely across different segments

September 4, 2024

Business·News·World News

Binance Urges Nigeria To Release Detained Executive As Health Deteriorates

Binance has made a public appeal to the Nigerian government, seeking the immediate release of its detained executive, Tigran Gambaryan. The Cryptocurrency company expressed deep concern over Gambaryan’s rapidly deteriorating health, calling his detention “unjust” and warning of the potential long-term consequences.

September 4, 2024

NLC Accuses Tinubu Of Betrayal As Fuel Prices Rise, Demands Immediate Reversal

Business·News·Oil & Gas

NLC Accuses Tinubu Of Betrayal Over Fuel Price Hike, Demands Immediate Reversal

The hike in fuel prices has sparked a wave of outrage across Nigeria, with the Nigeria Labour Congress (NLC) branding President Bola Tinubu a “betrayer” of the people. The NLC, which represents the interests of workers nationwide, expressed its strong disapproval in

September 3, 2024

Tinubu Meets With President Jinping In China, Strengthens Nigeria-China Relations

Business·News·World News

Tinubu Meets President Jinping, Strengthens Nigeria-China Relations

President Bola Tinubu on Tuesday met with Chinese President Xi Jinping in Beijing, marking a significant step in the relationship between Nigeria and China. During the meeting, both leaders announced the elevation of Nigeria-China relations to a comprehensive strategic partnership, which aims

September 3, 2024

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Latest News in Nigeria - Page 89

CAC Warns POS Operators As Registration Deadline Expires

Top 15 Nigerian States With Highest External Debt Service Costs In 2024

Nigeria’s Equity Market Dips As Oando, RT Briscoe, FTN Cocoa Slide

NNPCL’s $6.8 Billion Debt Crisis Sparks Calls for Urgent Privatisation

Nigeria’s Equity Market Declines By 0.35%, Investors Take Profit In Major Stocks

Price Hike: Dangote Refinery Won’t Sell Petrol At A Loss – Expert

Why Good Governance Remains A Myth In Nigeria

Binance Urges Nigeria To Release Detained Executive As Health Deteriorates

NLC Accuses Tinubu Of Betrayal Over Fuel Price Hike, Demands Immediate Reversal

Tinubu Meets President Jinping, Strengthens Nigeria-China Relations

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