• More hurdles for consumers as LPG, electricity prices soar • Stakeholders fear increase in poverty, food items, FX scarcity, job losses • Continuing petrol subsidy is postponing the evil day, experts warn There are indications that the price of Premium Motor Spirit (PMS) may hit N320 per litre later …
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MTN Nigeria Offer ₦90 Billion Bond For Sale
MTN Nigeria is offering N90 billion worth of bonds with 10 years maturity for sale to investors after obtaining regulatory approval for the exercise. The book build for the N90 billion series II bond is took place on Friday, October 8, 2021, a notice from the telecommunications giant confirmed. Last …
Read More »UNIZIK Appoints Stanley Uzochukwu, Coscharis Boss Maduka, Others As Board Member
The Governing Council of the Nnamdi Azikiwe University, Awaka has appointed Chairman/CEO of Stanel Group, Dr Stanley Uzochukwu along with his highly reverend mentor and life coach, Dr Cosmas Maduka of Coscharis Group, Dr ABC Orjiakor, Chairman Seplat Petroleum Development Company; Dr Chidi Anyaegbu MFR, Chairman of Chisco Group as …
Read More »Favour Ori ‘Payday’ Secures $1m To Build The Paypal For Africa
With a strong and diverse team at the helm, the fintech firm is poised to build a successful platform for Africans to send and receive money around the world. Payday, a Pan-African financial technology company raised one million dollars to build out what they believe will be the “PayPal” for …
Read More »Osinbajo Calls For Just Energy Transition In London
Vice-President Yemi Osinbajo got a rousing welcome and interaction this afternoon at the UN Energy High Level event held at the Imperial College, London, where he spoke on the global Net-Zero Emission target and the need for a just, equitable energy transition especially for Developing Countries. Earlier the Nigerian VP …
Read More »Inflation Has Reduced Minimum Wage To Nothing, Says NLC
The Nigeria Labour Congress has lamented the impact of inflation on the N30, 000 national minimum wage. NLC President, Aliyu Wabba, noted that the wage, passed into law in 2019 by the President, Major General Muhammadu Buhari (retd.), had been reduced to nothing by inflation. Wabba spoke during the 2021 …
Read More »31.7% Youths Lack Access To Bank Loans For Business – NBS
The National Bureau of Statistics says that 31.7 percent of youths in Nigeria lack access to bank loans to finance their businesses due to high-interest rates. The bureau said this in its National Youth Survey for 2020, obtained from its website in Abuja on Monday. According to it, the report …
Read More »Oil Surpasses $81, Nigerian Production Drops By 130,000 Barrels
Oil prices climbed above $81 on Monday as the Organisation of Petroleum Exporting Countries and its allies announced that it would maintain its steady output increase by 400,000 barrels per day in November, its highest since 2014. OPEC also said Nigeria’s crude oil production slipped by 130,000 barrels per day …
Read More »Mark Zuckerberg Loses N2.4 Trillion In A Day
The CEO of Facebook Inc, Mark Zuckerberg has suffered a significant loss in as two major happenings which weakened the confidence of his investors as it was reported by Forbes that Zuckerberg loses $5.9 billion which is about N2,430,896,630,319.77(N2.4 trillion) a day.
Read More »Facebook, Whatsapp And Instagram Now Back Online
Facebook, and WhatsApp are gradually making their way back online… developing Note that these two apps including Instagram – which are all owned by Facebook, and run on shared infrastructure – stopped working shortly before 5pm today October 4, Other related products, such as Facebook Messenger and Workplace also experienced …
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