Latest news update in Nigeria – Page 2 of 5

Meta Fined €91 Million By EU For Password Security Breach

Nigeria Fines Meta $220m For Data Violations

Meta Faces Significant Penalty Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has announced a $220 million fine against Meta Platforms for violating consumer and data protection laws. The penalty follows a

Emmanuel Ochayi

4 months ago

Anti-Govt Protest: Lawmakers plead For Patience, Accept 50% Salary Cut

Reps Donate Half Salaries, Urge Youths to Shun Violence In response to growing economic hardship, the House of Representatives has taken a bold step by donating 50% of their salaries for six

Emmanuel Ochayi

4 months ago

71.4% Of Nigerians Call For Interest Rate Reduction – CBN Survey

Business·Latest News

Rise In Crude Oil Exports Will Strengthen The Naira, Says CBN

CBN’s Macroeconomic Outlook The Central Bank of Nigeria (CBN) has highlighted the crucial role of increased crude oil production and exports in strengthening the naira. In its latest report, “Macroeconomic Outlook: Price

Emmanuel Ochayi

4 months ago

Nigerian Banks Face New FX Gain Tax: Impact On Profitability, Capital Adequacy

Business·Latest News·Markets

Nigerian Banks New FX Gain Tax: Impact On Profitability, Capital Adequacy

Nigerian banks are at risk of facing profits and capital adequacy declines as the Federal Government plans to tax 50 per cent of profits realised from foreign exchange (FX) revaluation in 2023.

Emmanuel Ochayi

4 months ago

Nigerian Stock Market Sees Surge As Top 10 Brokers Trade Over N2.5trn In 2024

Business·Latest News·Markets

Equity Market Surges As Investors Eye Interim Dividends, Bonus Shares

Focus on Equities Market Action Nigeria’s equity market rebounded strongly on Thursday, rising by 0.47 per cent or N263 billion. This surge is attributed to corporate announcements, including interim dividends and bonus

Emmanuel Ochayi

4 months ago

CBN’s FX Market Intervention Falls Short As Naira Struggles To Gain Ground

Business·Latest News·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 19th July 2024

What is the Dollar to Naira Exchange rate at the black market, especially the Aboki fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the black market,

Emmanuel Ochayi

4 months ago

Business·Latest News

NNPC Uncovers 221 Cases Of Oil Theft In Niger Delta

Surge in Oil Theft Cases Across Niger Delta The Nigerian National Petroleum Company (NNPC) has reported a significant rise in oil theft incidents in the Niger Delta region. Over the past week,

Emmanuel Ochayi

4 months ago

Petrol Landing Cost Price Now At N1,117/litre, MEMAN Reveals

Business·Latest News·Oil & Gas

Petrol Landing Cost Now N1,117/litre, MEMAN Reveals

MEMAN Unveils Real Cost of Petrol The Major Energies Marketers Association of Nigeria (MEMAN) announced on Wednesday that the landing cost of Premium Motor Spirit (PMS), commonly known as petrol, stood at

Emmanuel Ochayi

4 months ago

Mixed Sentiment Drives Nigeria’s Equity Market Down By 0.25% As Investors Show Caution

Business·Latest News·Markets

Nigeria’s Stock Market Sees First Negative Close Of The Week Amidst Q2 Financial Reports

Nigeria’s Stock Market Decline Nigeria’s stock market witnessed a decline on Wednesday, marking its first negative close of the week. The equities market decreased by 0.04 per cent as second quarter (Q2)

Emmanuel Ochayi

4 months ago

Business·Latest News·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 18th July 2024

What is the Dollar to Naira Exchange rate at the black market, especially the Aboki fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the black market,

Emmanuel Ochayi

4 months ago

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Latest news update in Nigeria - Page 2

Nigeria Fines Meta $220m For Data Violations

Anti-Govt Protest: Lawmakers plead For Patience, Accept 50% Salary Cut

Rise In Crude Oil Exports Will Strengthen The Naira, Says CBN

Nigerian Banks New FX Gain Tax: Impact On Profitability, Capital Adequacy

Equity Market Surges As Investors Eye Interim Dividends, Bonus Shares

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 19th July 2024

NNPC Uncovers 221 Cases Of Oil Theft In Niger Delta

Petrol Landing Cost Now N1,117/litre, MEMAN Reveals

Nigeria’s Stock Market Sees First Negative Close Of The Week Amidst Q2 Financial Reports

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 18th July 2024

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