Heritage Bank Urges Youth to Imbibe Savings Culture
August 26,2022 An appeal has been made to Nigerian youths on the need to imbibe a savings culture in order to attain financial stability. At the Elevate Conference, the Acting
Read MoreCategory: Business
Crude Oil Sinks Ahead of US Fed Speech, Possible Iran Exports
Friday, August 26,2022 Crude oil prices dropped on Thursday while the market was eyeing the United States Federal Reserve’s speech for clues about future interest rate hikes. Brent crude settled
Read More
JUST IN: World Bank, US invest $3bn in Nigeria’s energy transition plan
Wednesday, August 24,2022 The World Bank and the US Export-Import Bank (EximBank) say they will commit over $3 billion to the implementation of Nigeria’s energy transition plan. The international organisations
Read More
Naira depreciates again to US dollar despite increase in fx supply
Wednesday August 24,2022 For the second day running, the Nigerian currency, the Naira, depreciated against the US dollars at the Investors and Exporters window. Data from FMDQ securities where Naira is officially
Read More
Zenith Bank Sustains Growth Trajectory With Double-digit Growth In Gross Earnings In H1 2022
Wednesday, August 24,2022 According to the bank’s audited half-year financial results presented to the Nigerian Exchange (NGX) on Tuesday, 23rd August 2022, this growth was underpinned by a 19% YoY
Read More
Nigeria recovers N86.2bn stolen oil in one month
Wednesday, August 24,2022 Different government security outfits operating across the country have recovered stolen oil worth N86.2bn in August, according to The Punch’s findings. A total of 16, 000 litres
Read More
Food prices rose in July 2022 – NBS
Tuesday, August 23,2022 The National Bureau of Statistics says prices of selected food items increased in July. It made the declaration in its Selected Food Prices Watch Report for July
Read More
Oil firms owe banks N5.93tn amid losses, theft
Tuesday August 23,2022 The combined bank borrowing to oil firms operating in the downstream and upstream subsectors of the Nigerian oil and gas industry was N5.93tn as of June 2022,
Read MoreNigerian govt concludes takeover of four DisCos
Monday, August 22,2022 Nigeria’s federal government has completed the takeover of four electricity distribution companies (DisCos) and constituted the board of the Nigeria Electricity Liability Management Company. Yemi Osibanjo, the
Read More
Three SMEs win N9m grant in Keystone Bank ‘Start-ups Advantage Programme
August 19,2022 In furtherance of its commitment to tackle unemployment and encourage entrepreneurs in Nigeria, Keystone Bank Limited has empowered three Nigerian innovative start-ups with N9 million grants. A statement
Read More
