Latest News - Page 255

Africa

Oil And Gas Sector’s Contribution To Nigeria’s GDP Less Than 10%- NUPRC

Oil and Gas Sector’s Low GDP Contribution The oil and gas sector in Nigeria contributes less than 10 per cent to the country’s Gross Domestic Product (GDP), according to Ofoegbu Kelechi, the

Emmanuel Ochayi

8 months ago

US Election: Israeli Concerns Rise Over Biden’s Debate Performance

Growing Worries About Regional Stability Israeli expressed growing concern on June 30 about President Joe Biden’s shaky debate performance, fearing it could embolden the country’s Middle Eastern adversaries. “There is a real

Emmanuel Ochayi

8 months ago

Forex Crisis Hits Nigerian Ports As Operators Lament 2.39% Drop in Container Import

Business·Latest News

Forex Crisis Hits Nigerian Ports, Operators Lament 2.39% Drop in Container Import

Licensed Customs Agents Blame Forex Crisis for Decline The forex crisis has caused a 2.39% drop in container throughput at Nigerian ports in Q1 2024, according to licensed customs agents. Nigerian Ports

Emmanuel Ochayi

8 months ago

Crypto industry loss to hacks reduced by 54.2% in June, only $176 million lost

Business·Latest News·World News

Crypto Hacks In June Drop By 54.2% As Industry Sees $176m In Losses

Crypto Losses Decline in June The month of June witnessed a notable decline in crypto hacks and exploits, with net losses dropping by 54.2% compared to May. The industry recorded a net

Emmanuel Ochayi

8 months ago

Business·Latest News

Nigeria Customs Seizes 9 Containers With Arms, Drugs Worth N13.9bn

Nigeria Customs Intercepts Containers With Arms, Ammunition and Illicit Drugs The Nigeria Customs Service (NCS) announced a significant interception of nine containers carrying offensive items, including arms, ammunition, illicit drugs, and second-hand

Emmanuel Ochayi

8 months ago

Business·Latest News·Markets

Equity Market Begins July With 0.04% Decline

Opening the Month with Cautious Optimism Nigeria’s equities market began the new month on a slightly lower note, decreasing by 0.04 percent at the close of trading on Monday, July 1. This

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, 2nd 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

EFCC's Invasion Of Dangote Group Office May Scare Away Potential Foreign Investors - MAN DG

Business·Latest News

MAN DG Seeks Affordable Credit For Domestic Industries To Boost Production

Director General of the Manufacturing Association of Nigeria (MAN), Segun Ajayi-Kadir, has called on the government to create financing windows that offer credit to industries at a rate not more than five

Victor Ezeja

8 months ago

NRC Generates N1.42bn Revenue In 3 Months

Business·Latest News

Nigeria Railway Generates N1.42bn Revenue In 3 Months

The Nigeria Railway Corporation (NRC) earned N1.42 billion as revenue in the first three months of 2024. This reflects 84.91 per cent increase from the N768.44 million recorded in the same period

Victor Ezeja

8 months ago

Ex-Konga Nigeria CEO Did Not Commit, Family Says

Ex-Konga Nigeria CEO Did Not Commit Suicide, Family Says

The family of former Konga Nigeria CEO, Nick Imudia, has debunked reports that he committed suicide, stating that investigations are ongoing to determine the cause of his death. The family, in

Victor Ezeja

8 months ago

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Latest News - Page 255

Oil And Gas Sector’s Contribution To Nigeria’s GDP Less Than 10%- NUPRC

US Election: Israeli Concerns Rise Over Biden’s Debate Performance

Forex Crisis Hits Nigerian Ports, Operators Lament 2.39% Drop in Container Import

Crypto Hacks In June Drop By 54.2% As Industry Sees $176m In Losses

Nigeria Customs Seizes 9 Containers With Arms, Drugs Worth N13.9bn

Equity Market Begins July With 0.04% Decline

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 2nd July 2024

MAN DG Seeks Affordable Credit For Domestic Industries To Boost Production

Nigeria Railway Generates N1.42bn Revenue In 3 Months

Ex-Konga Nigeria CEO Did Not Commit Suicide, Family Says

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