BUSINESS
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MPC likely to increase lending rate by another 100 basis points, says expert
As the Monetary Policy Committee (MPC) meets on Monday, a financial expert, Prof. Uche Uwaleke, says the committee will likely…
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NGX Weekly Report: Cadbury lists 402.1m additional shares, investors lose N54bn
Cadbury Nigeria Plc (Cadbury) listed additional 402,082,657 ordinary shares of 50 Kobo each per share on the Daily Official list…
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NGX market capitalisation reverses previous gain, sheds N18bn
Market capitalisation on the Nigerian Exchange Ltd. (NGX) shed N18 billion on Friday as the gains recorded in the previous…
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Elon Musk finally rebrands Twitter.com URL, shifts to new URL X.com
BRANDPOWER reports that Elon Musk’s online platform X has removed another heritage from its Twitter history nearly 10 months…
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NCC suspends issuance of some communications licenses
The Nigerian Communications Commission (NCC) says it has temporarily suspended the issuance of new licenses in some categories. The commission…
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EU Commission gives Microsoft 10 days to hand over AI documents
The European Commission on Friday gave Microsoft a legally binding deadline of May 27 to supply documents concerning the use…
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NNPCL to partner Nasarawa State Government to grow economy
The Nigeria National Petroleum Corporation Limited (NNPCL) says it will partner the Nasarawa State Government and private sector players in…
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Emissions from Anambra rice factory not hazardous, MD assures
Chief Emeka Agbanari, Managing Director of Seaman Industries, owners of Seaman Rice Mill located at Ndam in Anambra State, says…
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Tinubu inaugurates 3 gas processing plants, restates commitment to industrial growth
In line with its renewed hope agenda, President Tinubu has reiterated his administration’s determination to utilize Nigeria’s abundant gas resources…
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Nigerian Equity market extends losses by 0.13%
The Nigerian equity market extended its losses for the fourth consecutive session on Wednesday, declining by 0.13 per cent due…
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