Latest News - Page 251

Africa

Vessels Discharge Hitches Causing Fuel Scarcity – NNPC

NNPC Faces Fuel Scarcity As Payment Backlog Of $6bn Mounts

Long Queues Return Amidst $6 Billion Debt Fuel scarcity is once again gripping Nigeria as the Nigerian National Petroleum Company (NNPC), struggles with a $6 billion petrol payment backlog. Long queues are

Emmanuel Ochayi

8 months ago

Nigeria's Equity Market Ends Week on Positive Note As Consumer Goods, Insurance Stocks Lead Gains

Business·Latest News·Markets

Stock Market Dips As Investors Show Cautious Optimism

Cautious Optimism in the Stock Market Thursday’s trading session on the Nigerian Exchange Limited (NGX) ended in red, despite a generally cautious optimism among investors. The stock market experienced a notable dip

Emmanuel Ochayi

8 months ago

Naira Strengthens To N1,535/$1 As Market Confidence Improves

Business·Latest News·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 5th July 2024

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN)

Emmanuel Ochayi

8 months ago

Business·Latest News·Oil & Gas

Gas Production: NNPC Set To Build 100 CNG Sites, 3 LNG Stations

The Nigerian National Petroleum Company Limited (NNPCL), has announced plans to build not less than 100 Compressed Natural Gas (CNG) sites and three Liquefied Natural Gas (LNG) stations to boost gas production.

Victor Ezeja

8 months ago

9mobile Appoints Of Obafemi Banigbe As CEO

9mobile Appoints Obafemi Banigbe As CEO

Board of Directors of Emerging Markets Telecommunication Services Limited (EMTS), operating as 9mobile, has announced the appointment of seasoned telecoms expert and technology business leader, Obafemi Banigbe, as Chief Executive Officer of

Victor Ezeja

8 months ago

Climate Change & Sustainability·Latest News

Sahara Group Highlights Sustainability Milestones In Third edition Of Gree’n’lectric

Leading energy and infrastructure conglomerate, Sahara Group, has restated its commitment to effective management of its environmental footprint through strategies that reduce carbon emission across its businesses. Speaking during the unveiling of

Admin

8 months ago

Tax Reform Bills: Senate Halts Action, Forms Ad hoc Committee To Interface With FG Amid Pressure

Business·Latest News

Senate Scores Executive Low On 2024 Budget Implementation

Capital Budget Implementation Criticised The Senate has criticised the executive for its poor implementation of the capital component of the 2024 budget. On Wednesday, the Senate urged the Federal Government to intensify

Emmanuel Ochayi

8 months ago

Cryptocurrency Platforms Begin Charging 7.5% VAT On Transaction In Nigeria

Business·Latest News

Cryptocurrency Platforms Begin Charging 7.5% VAT On Transactions In Nigeria

KuCoin Implements VAT on Transactions KuCoin, a cryptocurrency exchange operating in Nigeria, announced on Wednesday that it would begin charging a 7.5% Value-Added Tax (VAT) on transaction fees starting July 8, 2024.

Emmanuel Ochayi

8 months ago

Lagos Govt Urges Residents To Take Safety Precautions Amid Flash Flood

Lagos State government has called for calmness over the flash flood caused by the torrential rainfall on Wednesday and urged residents to take safety precautions. Commissioner for the Environment and Water Resources,

Jacinta Chisom Oguadinma

8 months ago

NOVA Merchant Bank Announces Major Increase in Staff Salaries post image

NOVA Bank Begins Operations As National Commercial Bank

NOVA Bank, formerly known as NOVA Merchant Bank, has officially commenced operations as a National Commercial Bank, as the bank opened its first commercial banking branch at 18, Kofo Abayomi Street, Victoria

Admin

8 months ago

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Latest News - Page 251

NNPC Faces Fuel Scarcity As Payment Backlog Of $6bn Mounts

Stock Market Dips As Investors Show Cautious Optimism

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 5th July 2024

Gas Production: NNPC Set To Build 100 CNG Sites, 3 LNG Stations

9mobile Appoints Obafemi Banigbe As CEO

Sahara Group Highlights Sustainability Milestones In Third edition Of Gree’n’lectric

Senate Scores Executive Low On 2024 Budget Implementation

Cryptocurrency Platforms Begin Charging 7.5% VAT On Transactions In Nigeria

Lagos Govt Urges Residents To Take Safety Precautions Amid Flash Flood

NOVA Bank Begins Operations As National Commercial Bank

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