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MAN laments sharp decline of bank credit to manufacturing

Business

SEC warns against unapproved Dangote refinery IPO promotions

Business

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Aradel Holdings, two others increase NASD OTC bourse by 1.13%
Business

NASD OTC bourse rises by 4.27% to N1.12 trn

The market capitalization of the NASD Over-the-Counter Securities Exchange increased by 4.27 percent on Wednesday, August 2, reaching a record high. According to Business Post, the NASD OTC bourse’s value surged during the session by N45.88 billion to N1.120 trillion from N1.074 trillion the previous day as the NASD unlisted securities index increased by 33.17 points to […]

Hacker group Anonymous Sudan hits Nigeria with cyberattacks
News Tech

Hacker group Anonymous Sudan hits Nigeria with cyberattacks

The well-known hacktivist collective Anonymous Sudan has taken notice of Nigeria’s recent engagement in the political crisis in nearby Niger. The organisation has admitted that it was behind a string of Distributed Denial of Service (DDoS) assaults on the nation’s digital infrastructure. The National Information Technology Development Agency (NITDA), a government organisation, verified this claim. […]

X: How verified Twitter users can hide blue tick
Tech

X: How verified Twitter users can hide blue tick

Following the evolution of X, formerly Twitter’s features, users can now exercise greater control over their profile visibility by concealing the iconic blue verification tick. Exclusive to Twitter Blue subscribers, this new option enables individuals to manage the presence of the blue checkmark on their profile and posts. By following a few simple steps, users […]

10 things to know about capital market investment
Economy

Stock market gains N41bn – Report

By Christian George     The stock market recovered on Wednesday with a N41 billion gain after five uninterrupted sessions of losses.   The overall capitalization rose by N41 billion on investor interests in NASCON Allied Industries and 30 others.   The All-Share Index gained 75.16 points, representing a gain of 0.12 per cent to […]

Laptop dealers struggle amidst high costs, low demand
Business

India bans foreign importation of laptops, tablets

In the bid to bolster local manufacturing, the Indian government has swiftly imposed restrictions on imports of laptops, tablets, and personal computers, as announced in a notice on Thursday. This move signifies a resolute effort to stimulate domestic production, with the notice stating, “Their import would be allowed against a valid license for restricted imports.” […]

AMCON’s new DG will improve debt recovery, says commentator
Business

350 debtors owe AMCON N3.95tr – MD

The Asset Management firm of Nigeria announced that 350 of its top creditors owe the firm N3.95 trillion.  According to The Nation, the Managing Director, Ahmed Kuru made this statement as he claimed that the judiciary’s assistance was necessary for the debt recovery, which came in the form of cash and asset sales. He was speaking […]

NERC makes N5.63bn in 2023 Q3
Electricity

NERC gives condition for DisCos to pay consumers

The Nigerian Electricity Regulatory Commission has made a case for electricity consumers who get poor service delivery from their Distribution Companies.   It said that electricity consumers can get compensation for poor service delivery when the distribution company they are connected to fails to provide 90 per cent of electricity hours due to them in […]

Addidas cuts expected loss as Yeezy demands soar
Uncategorized

Addidas cuts expected loss as Yeezy demands soar

Sportswear giant, Adidas, has projected a minor dip in 2023 sales, outperforming earlier forecasts. The brand attributed this positive shift to the release of its coveted Yeezy shoes, which not only invigorated the market but also curtailed anticipated losses for the year. This upgraded outlook comes on the heels of a remarkable 40% surge in […]

featured

Local refining to cut petrol prices – Marketers

Oil marketers claim that once local refining is fully operational, the cost of petrol will be reduced by at least N70 a liter. The Punch reported that this was stated by the National Controller Operations for the Independent Petroleum Marketers Association of Nigeria, Mike Osatuyi when discussing the advantages of the Federal Government’s investment in working refineries. […]

Qualcomm anticipates job cuts, revenue drop amidst tech downturn
Tech

Qualcomm anticipates job cuts, revenue drop amidst tech downturn

San Diego-based tech giant, Qualcomm, has projected a challenging fourth quarter, with sales falling below market expectations. In a candid statement, the company hinted at impending job cuts as global economic growth tapers and consumer demand for gadgets remains lackluster. A significant blow was dealt with the revelation that Qualcomm expects no further sales to […]

Local refining will cut down petrol price by N70/ltr – Marketers
featured

Local refining will cut petrol price by N70/ltr – Marketers

      Oil marketers, have stated that the implementation of local refining is projected to result in a reduction of at least N70 per litre in the price of fuel once it reaches full operational capacity. According to the National Controller Operations of the Independent Petroleum Marketers Association of Nigeria,Mike Osatuyi, investing in functional […]

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