Business
Aliko Dangote denounces fraudulent support fund application
Aliko Dangote Foundation has distanced itself from a scheme tagged, ‘2021 Dangote Empowerment,” inviting individuals to apply for support funds. The post Aliko Dangote denounces fraudulent support fund application appeared
Niger State, energy firm seal pact on waste-to-wealth
The Niger State Government and Ukpa Energy Company Limited have signed a memorandum of understanding (MoU) for converting municipal solid waste to wealth. The post Niger State, energy firm seal
Analysts Project $100 Supercycle for Oil Post-pandemic
A steady rise in oil prices since late last year could presage a new ‘supercycle’ in oil as the world economy recovers from the pandemic, the Financial Times has reported.
Bears maintain dominance on NSE, market drops further by N15bn
The bears maintained leadership on the Nigerian Stock Exchange (NSE) on Wednesday with investors losing N15 billion due to persistent profit taking on blue chips. Specifically, the market capitalisation dipped
Jeff Bezos Reclaims Title of World’s Richest Person from Elon Musk
Jeff Bezos has reclaimed his title of world’s richest person, ending Elon Musk’s roughly six-week reign on top of the list. Musk lost about $4.5 billion Tuesday after Tesla (TSLA)
TCN records partial power system collapse; Lagos, others in darkness
…We have restored supply – TCN By Udeme Akpan THE Transmission Company of Nigeria, TCN, Wednesday, recorded a partial system collapse, which affected electricity supply to Lagos and other cities
IMF backs CBN’s decision on cryptocurrency
***harps on forex rates unification, economic diversification Emma Ujah – Abuja The International Monetary Fund (IMF) has thrown its weight behind the Central Bank of Nigeria (CBN) in the latter’s
AfCFTA: Mapping Nigeria’s foray into Africa’s single market
By Yinka Kolawole The African Continental Free Trade Agreement, AfCFTA, is a continent-wide trade pact aimed at tearing down barriers to commerce among African countries. It is focused on trade
Nigeria Spends Over $131m Monthly on Electricity Subsidy, Power Minister Says
The federal government of Nigeria says it is still paying over $131.14million in electricity tariff subsidy, despite the recent hike in prices paid for power by Nigerians and incessant complaints
UK Inflation Inches up to 0.7%, driven by Higher Food Prices
British inflation edged up in January as locked-down consumers paid more for food and sellers of furniture and other household goods offered smaller-than-usual New Year discounts to people seeking to
