The prices of rice, beans, tomatoes, pepper amongst other staple food items recorded significant increases across major markets in Lagos State, as traders lament the…
View More Fuel scarcity drives food prices up in Lagos as traders lament surge in transport costCategory: Business
Bitcoin loses $33.19bn, slips to $35k as Russia invades Ukraine
Bitcoin, the world’s largest cryptocurrency, has lost $33.19bn in market capitalisation as its trading price slipped to $35k in the wake of Russia’s invasion of…
View More Bitcoin loses $33.19bn, slips to $35k as Russia invades UkraineNGX loses N21 billion as investors initiate cautious-trading
The NGX closed on a negative note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) depreciated by 8 basis point. The NGX ASI…
View More NGX loses N21 billion as investors initiate cautious-tradingUnion Bank to distribute UK’s subsidiary’s shares to shareholders
Union Bank of Nigeria (UBN) Plc is seeking approval of its shareholders to distribute its entire shareholdings in its United Kingdom’s subsidiary to its shareholders.…
View More Union Bank to distribute UK’s subsidiary’s shares to shareholdersCitibank to expand commercial banking services to Nigeria, others
American financial service group, Citigroup Inc., has announced the commencement of the expansion of its commercial banking services to Nigeria, South Africa, Kenya and Egypt…
View More Citibank to expand commercial banking services to Nigeria, othersMarket records slight market movement as capitalization increases by N7 billion
The NGX closed on a flat note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 3 basis point. The NGX ASI…
View More Market records slight market movement as capitalization increases by N7 billionPop Cola: Court rules against Coca-Cola in Kano
The Federal High Court sitting in Kano has refused to grant an interlocutory injunction sought by the Coca-Cola company seeking to stop Pop Cola from…
View More Pop Cola: Court rules against Coca-Cola in KanoNNPC begins trans-shipment charges, depot owners raise fuel price
The Nigerian National Petroleum Company Limited has introduced a N500,000 Ship-to-Ship Coordination Charge for each transshipment operation for Premium Motor Spirit, popularly called petrol, involving…
View More NNPC begins trans-shipment charges, depot owners raise fuel priceUK Prime Minister set to scrap COVID restrictions in England amid objections
The British Prime Minister has moved to repeal in England any pandemic requirements that impinges on personal freedoms, such as self-isolating after a positive COVID-19…
View More UK Prime Minister set to scrap COVID restrictions in England amid objections