Category: Business
Equity market records further losses, indices down 0.07%
The equity market extended losses on Tuesday as the market capitalization dropped by 0.07 percent to close at N26.776 trillion from the 26.794...
Fidelity Bank to acquire Union Bank UK
Fidelity Bank Plc has announced its proposed acquisition of a 100% equity stake in Union Bank Plc in the United Kingdom. Viral Video: Fidelity Bank...
Dangote to reduce sugar importation by 40%
…To employ 30,000 youths in Nasarawa Management of Dangote Sugar Refinery Plc has resolved to significantly reduce the importation of sugar into the...
FG proposes N19.76tn budget for 2023
…Subsidy payment to affect funding of capital expenditure The Federal Government is proposing a budget with estimates totalling N19.76tn, while the deficit will...
PWC admits Zaccheaus as partner
PwC Nigeria has announced the direct partner admission of Olusegun Zaccheaus, who is expected to lead the firm’s Strategy and Practice in the West Market....
95% Digital Literacy by 2030 possible – Pantami
Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim Pantami, has expressed optimism that the nation will attain 95 percent digital.literacy by...
Industry: Steel conglomerate to invest $500m in Ogun
…To employ 5,000 workers Plans are almost concluded for the take off of a steel industry in Ogun state as part of efforts at improving the investment drive and...
First phase of Gbugbu int’l market ready: Kwara Gov
• Says next phase begins soon • Community hails AbdulRazaq’s strides • AbdulRazaq’s achievement is visible to all, says PDP man The first phase of...
U.S. stock markets down after interest rate warning
Stock markets in the US ended the week sharply down following tough comments by the head of the country’s central bank, the Federal Reserve. The bank’s...
Forex scarcity:CBN releases $265m to Airlines
The Central Bank of Nigeria, on Friday, released $265m to airlines operating in the country, to settle outstanding ticket sales to check a brewing crisis...
