Category: Business
Africa
By Naomi Mkwanda A Global Hunger Index Report of 2023 says Malawi is one of 125 countries in the world to face serious hunger and malnutrition this year. The …
Africa
As the year 2030 looms and just seven years remain to achieve the Sustainable Development Goals, nearly three-quarters of a billion people are unable to exercise their right to …
Business
The Central Bank of Nigeria, CBN, has dismissed reports that it devalued the Naira. Reports had earlier emerged that CBN devalued Naira from N631 to the dollar from N461.60 …
Business
The Nigerian National Petroleum Company Limited (NNPC Ltd) says it has so far spent over 1.1 billion dollars on the ongoing construction of the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline and …
Business
The Ibadan Electricity Distribution Company (IBEDC) has decried the monthly loss of over N130 million revenue due to use of “illicit meters” by some electricity consumers. Mr Oluwatoyin Akinyosoye, …
Business
It is no longer questionable that the Igbos are the most industrious, resilient, and arguably the most innovative tribe in Nigeria. The Igbo people are industrious & entrepreneurial in …
Business
Investors at the stock market of the Nigerian Exchange Ltd. (NGX) on Monday lost N16 billion due to sell-offs in medium and largely capitalised stocks. The NGX All Share …
Business
he Naira loses 0.2 per cent against the dollar on Thursday, exchanging at N462 at the Investors’ and Exporters’ window. The rate at N462 represents a decrease of 0.2 …
Business
Stakeholders in the energy sector have expressed divergent views on the Supreme Court judgment over extension of the use of old Naira notes till Dec. 31. They expressed their …
Business
The Supreme Court has extended the validity of the N200, N500, and N1,000 Naira notes till 31 December. A seven-member panel of the court led by John Okoro unanimously directed that …