IWD: Kuda plans month-long events for female professionals
Kuda Microfinance Bank has announced plans to organise a sequence of events lasting a month for female professionals, aimed at commemorating this year's International Women's Day. The objective is to…
LAPO MFB rewards customers to encourage saving
Some customers of Lapo Microfinance Bank have received cash prizes as a reward in the bank's raffle draw promotion and for saving. The Punch reported that the draw was during…
Nike’s sneaker frenzy drives revenue beyond expectations
Nike Inc's third-quarter revenue has beaten analysts' expectations, driven by the strong demand for its iconic sneakers like the Jordan Retro in North America and Europe. The world's largest sportswear…
SVB Group accuses regulators of cash disconnect
Silicon Valley Bank Financial Group has accused the U.S. Federal Deposit Insurance Corporation of taking inappropriate measures to disconnect it from the cash stored at its former subsidiary, Silicon Valley…
Lebanon to sell unlimited US dollars to save crashing pound
Lebanon's central bank governor, Riad Salameh has announced that the bank will sell unlimited amounts of U.S. dollars to counter the escalating devaluation of the Lebanese pound. Salameh fixed a…
Global renewable energy hits 9.6% increase in 2022
The total amount of renewable energy capacity worldwide reached 3372 gigawatts, representing an increase of 295 gigawatts or 9.6 per cent at the end of 2022. A noteworthy 83 percent…
BREAKING: CBN raises Monetary Policy Rate to 18%
The Central Bank of Nigeria has announced an increase in its Monetary Policy rate to 18 per cent. This was during its its 290th Monetary Policy Committee Press Briefing by…
How Nigeria spent N6.7trn on agric imports in five years – NBS
Figures from the National Bureau of Statistic shows that Nigeria spent N6.7 trillion in total over five years on the importation of agricultural goods. According to Nairametrics, this amounts to…
Experts urge Tinubu to encourage local production to mitigate importation
Bola Wilson Adekumola Financial experts have called on the President-elect, Asiwaju Bola Tinubu, to adopt policies that will enhance the local production to mitigate importation into the country. …
US oil prices drop amidst banking crises
Prices of oil in the United States declined on Tuesday due to the persistent banking crisis causing the oil market's confidence to remain low. Reuters reported that Brent crude futures…
Experts frown as NNPCL appoints expatriate subsidiary head
Experts and operators have raised concerns and frowned on the appointment of Jean-Marc Cordier to lead the oil trading arm of the Nigerian National Petroleum Company Limited. The Punch reported…
Nigeria’s poultry industry may collapse by May – Operators
Operators in the Nigeria's poultry sector and businesses have on Monday warned that the poultry industry may collapse before the end of May following the prolonged scarcity of Naira in…
