Category: Business
OPEC output falls on Saudi cut and Nigerian outage ~ Survey
OPEC oil output has fallen in July after Saudi Arabia made an additional voluntary cut as part of the OPEC+ producer group’s latest agreement to support...
UBA raises staff salaries and allowances
In line with the economic realities of the moment and it’s impact on living conditions ,the United Bank for Africa Plc has reaffirmed its commitment to prioritise...
Why Russia cancels $23bn debt for African countries –Putin
Russian President Vladimir Putin says the Russian Government has lifted $23 billion debt burden of African countries. The Russian leader disclosed this...
Naira appreciates, exchanges at N756.94 at investors, exporters window
The Naira on Monday appreciated against the dollar, exchanging at N756.94 at the Investors and Exporters window. The local currency gained 2.43 per cent when compared...
High cost of living: Union Bank raises employee compensation twice
It is no longer news that most Nigerians are experiencing severe economic hardship due to the recent FX policy and subsidy removal. The economic challenges...
Fidelity Bank’s stock upgrade excites investors
According to The Will newspaper, investors have commended the recent reclassification of Fidelity Bank Plc stock from small price stock to medium price stock....
Adjust with Disruptive Technologies, Dambatta advises businesses
Executive Vice Chairman of the Nigerian Communications Commission, NCC, Prof Umar Garba Danbatta, has advised businesses to adjust to the potentials of...
Deregulation: IPMAN, stakeholders, laud Polaris Bank, Emadeb Energy for landmark 20,000 metric tonnes PMS import
The Independent Petroleum Marketers Association of Nigeria (lPMAN) has commended Polaris Bank, Nigeria’s leading digital commercial Bank and Emadeb Energy Services...
Sleaze in CBN: Tinubu appoints special investigator
President Bola Tinubu has appointed a Special Investigator to scrutinize the books of the Central Bank of Nigeria,CBN, over alleged breach of trust and other...
Transcorp posts N82.1b revenue in H1 2023
….Records an improvement of over 31% ….Poised to deliver strong performances and growth ..Shareholders funds jumps to N176.3bn Transnational Corporation Plc...
