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How investors made N851bn in a day – Report

Nigeria’s equities market saw one of the greatest one-day gains in 2023 on Monday, with investors capitalizing on the latest market rise to gain N851 billion. The All-Share Index and equity capitalization increased from 63,040.41 points and N34.326tn to 64,603.69 points and N35.177tn, respectively, increasing the market by 2.48 percent. The common value-based index known […]

bfatoyepdnlimited-com
11th July 2023
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211 Views

Oil and Gas

Delta security personnel seize large vessel with stolen crude oil

The pipeline surveillance security company, Tantita Security Services Limited has intercepted a large vessel called “MT Tura 11” carrying 150 metric tonnes of stolen crude oil on Escravos Sea in Delta State. According to The Punch, the private security company which is run by the former militant leader High Chief Government Ekpemupolo a.k.a. Tompolo, detained the 500 metric tonne vessel early […]

bfatoyepdnlimited-com
10th July 2023
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149 Views

FIRS announces new TAXPR-MAX platform for CbCR

Business

FIRS partly extends submission date for 2023 CIT returns

The Federal Inland Revenue Service has partly extended the deadline for the submission of Companies Income Tax returns for the 2023 year of assessment. The company announced in a statement signed by the Executive Chairman of FIRS, Muhammed Nami, that it had received numerous requests from businesses for an extension of the time to file CIT forms for […]

bfatoyepdnlimited-com
10th July 2023
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203 Views

Business

Global beauty industry estimates $580bn revenue by 2027

The global beauty sector is expected to reach $580 billion in retail sales by 2027 according to the “State of Fashion Beauty” research by McKinsey and The Business of Fashion. According to Nairametrics, this estimate is based on a global study that collects data on consumer shopping habits, market intelligence, and expert and executive industry insights. […]

bfatoyepdnlimited-com
10th July 2023
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189 Views

Meta's Threads hits 175m monthly users amid challenges

News Tech

Threads dethrones ChatGPT, reaches 100m users in five days

ChatGPT achieved a previously unheard-of rate of growth of reaching 100 million users in just two months, however since its launch on July 6, Threads has racked up a staggering 100 million users in only five days, according to data tracking company Quiver Quantitative. Mark Zuckerberg, CEO of Meta, said that the response from users […]

aomenyepdnlimited-com
10th July 2023
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286 Views

Banking

Globus Bank opens third branch in northern Nigeria

By Christian George Globus Bank has opened new branches in northern Nigeria with the view to expanding its business throughout the nation. The new branches were opened in Kano and the sub-hub cities of Ikorodu and Abeokuta. According to BusinessDay, Globus Bank unveiled three new branches in Kano, Ikorodu and Abeokuta as […]

aadelekepdnlimited-com
10th July 2023
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344 Views

Snpachat expands more into AI with ‘Dreams’

News Tech

Snapchat partners Linktree to allow users profile links

Snapchat has partnered with Linktree for users to include their Linktree (or any other) URL on their bio. With the help of the link-in-bio tool, users can now display a social media icon and a “Add me on Snapchat” button on their Linktree page to showcase their Snapchat profile. Linktree will also have a spot […]

aomenyepdnlimited-com
10th July 2023
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290 Views

Banking

How fraudsters duped Nigerian bank customers N472m in three months

A recent report by FITC has unveiled a distressing reality for bank customers in Nigeria, as they lost a staggering N472 million to fraud in the first quarter of 2023. The data, obtained from FITC’s website, further disclosed that a total of 12,553 cases of fraud were recorded during this period. The report, compiled by […]

jonuorahpdnlimited-com
10th July 2023
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192 Views

US seizes servers, $1M in Bitcoin from Russian ransomware gang

News Tech

24 central banks to have digital currencies by 2030 – Survey

The central banks of about 20 emerging and developed economies are anticipated to be using digital currencies by 2030, according to a study released on Monday by the Bank for International Settlements. To prevent leaving digital payments to the private sector in the face of an accelerated drop in cash, central banks all over the […]

aomenyepdnlimited-com
10th July 2023
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163 Views

News

UN, Canada host training for Nigerian women

The United Nations Institute for Training and Research is seeking applications from female entrepreneurs, and business leaders, for the Entrepreneurship and Financial Literacy Training Programme for Advancing Gender Equality and Women Empowerment in 2023. According to Nairametrics, the United Nations Development Programme and the UNITAR Division for Prosperity / Hiroshima Office will work together to carry out this training, […]

bfatoyepdnlimited-com
10th July 2023
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276 Views

News

Nigeria’s capital inflow drops by 28% – NBS

The Nigerian Bureau of Statistics’ most recent report shows a 28% decrease in overall capital inflow to Nigeria during the first quarter of 2023. The amount of capital intake during the first three months of the year totaled $1.13 billion, down $441 million from the same period in 2022. The first quarter of 2022 had […]

bfatoyepdnlimited-com
10th July 2023
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158 Views

News

Australian data brokers placed on competition watchdog’s radar

Alex Omenye Australia’s competition watchdog requested consumers, businesses, and other key stakeholders for their opinions on the business practices of data brokers on Monday. In order to compile a report on the industry, the Australian Competition and Consumer Commission will look at the goods and services offered by significant data brokers such as Oracle, Equifax, […]

bfatoyepdnlimited-com
10th July 2023
0 Comments
178 Views

Otedola deepens stake in First HoldCo with fresh

PenCom removes approval requirement for PFA advertisements

DMO announces N600bn FGN bond auction for May

DBN, AfDB seal $61m deal to boost credit

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Some Populer Post

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How investors made N851bn in a day – Report

Delta security personnel seize large vessel with stolen crude oil

FIRS partly extends submission date for 2023 CIT returns

Global beauty industry estimates $580bn revenue by 2027

Threads dethrones ChatGPT, reaches 100m users in five days

Globus Bank opens third branch in northern Nigeria

Snapchat partners Linktree to allow users profile links

How fraudsters duped Nigerian bank customers N472m in three months

24 central banks to have digital currencies by 2030 – Survey

UN, Canada host training for Nigerian women

Nigeria’s capital inflow drops by 28% – NBS

Australian data brokers placed on competition watchdog’s radar

Amazon shuts down Rufus chatbot, unveils Alexa for.

Otedola deepens stake in First HoldCo with fresh.

PenCom removes approval requirement for PFA advertisements

Sam Altman takes stand in high-stakes legal clash.

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