Business - Page 485

UBA Limits Daily Withdrawal Of New Naira Notes, As Scarcity Hit Banks

UBA’s Expansion To Gulf Countries To Aid Region’s Investment In Nigeria, Africa – Tony Elumelu

The Group Chairman of the United Bank for Africa (UBA), Tony Elumelu, said the gulf market is important to the operation of the financial institution, helping to facilitate investment into Africa. Elumelu

Fakoyejo Olalekan

2 years ago

Business·Latest News

Just In: TikTok Lays Off Staff Over Purported US Pressure

As TikTok faces new political pressure in the US, the app has begun laying off staff as part of a company-wide restructuring. The report did not say how many TikTok staff

Queen Nwabueze

2 years ago

Business·Finance & Economy·Latest News

IMF Doles Out $235.6 Million Budget-Support Loan For Kenya

The Executive Board of the International Monetary Fund (IMF) has approved a $235.6 million loan disbursement to Kenya. It is understood that the loan is the third installment for Kenya under

Queen Nwabueze

2 years ago

20 Topline African Countries With The Highest Benchmark Lending Rates

Business·Finance & Economy·Latest News

20 Topline African Countries With Highest Benchmark Lending Rates

If you’ve been keeping abreast with latest lending rates around the African continent, then you are probably aware that the Central Bank of Nigeria (CBN) has just raised the Monetary Policy Rate

Queen Nwabueze

2 years ago

CBN Places Service Restriction On PoS Agents Across Nigeria

Business

How CBN’s New 14% MPR Affects Nigerian Households, Jobs

The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) following a hike in inflation rate in June. The central bank made the decision after Tuesday’s Monetary Policy Committee

Fakoyejo Olalekan

2 years ago

Business·Oil & Gas

FG To Stop Funding NNPC Limited, As Pres. Buhari Reveals New Brand, Direction

The Nigerian National Petroleum Company (NNPC) Limited has officially been unveiled by President Muhammadu Buhari, as the era of the Nigerian National Petroleum Corporation comes to an end. President Buhari said the

Fakoyejo Olalekan

2 years ago

Twitter Shoves All Of Elon Musk Tweet On Users, Mixed Reactions

Business·Tech News

Billionaire, Elon Musk, To Sue Twitter, As He Risk Losing $1 billion

World’s richest man, Elon Musk, is taking steps to countersue Twitter after the board of the social media company filed a lawsuit against him over termination of the acquisition deal. Musk had

Fakoyejo Olalekan

2 years ago

Business

Protest To Rock Banking, Aviation Sectors, As Unions Threaten Protest Against Buhari’s Gov’t

The Association of Nigeria Aviation Professionals (ANAP) and the National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) plan to protest over Academic Staff Union of Universities’ (ASUU) strike. The two

Fakoyejo Olalekan

2 years ago

Business·Markets

Seplat, Cornerstone Top Gainers’ List, As NGX Market Cap Rises By N60 billion

The stock market capitalisation gained N60 billion on Monday after appreciating by 0.2% to close at N28.21 trillion, rising from N28.15 trillion. It was driven by the All-Share Index, which rose by

Fakoyejo Olalekan

2 years ago

Business

Unilever Nigeria To Sell Part Of Its Soap, Cream Business, As Profit Declines

The management of Unilever Nigeria has concluded to sell part of the company’s Home and Personal Care manufacturing arm in the third quarter of 2022, to raise funds, amid declining profit in

Fakoyejo Olalekan

2 years ago

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Business - Page 485

UBA’s Expansion To Gulf Countries To Aid Region’s Investment In Nigeria, Africa – Tony Elumelu

Just In: TikTok Lays Off Staff Over Purported US Pressure

IMF Doles Out $235.6 Million Budget-Support Loan For Kenya

20 Topline African Countries With Highest Benchmark Lending Rates

How CBN’s New 14% MPR Affects Nigerian Households, Jobs

FG To Stop Funding NNPC Limited, As Pres. Buhari Reveals New Brand, Direction

Billionaire, Elon Musk, To Sue Twitter, As He Risk Losing $1 billion

Protest To Rock Banking, Aviation Sectors, As Unions Threaten Protest Against Buhari’s Gov’t

Seplat, Cornerstone Top Gainers’ List, As NGX Market Cap Rises By N60 billion

Unilever Nigeria To Sell Part Of Its Soap, Cream Business, As Profit Declines

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