The International Monetary Fund (IMF) has projected Nigeria’s economy to rise to at least $1.85 trillion in terms of Purchasing Power Parity (PPP) by 2029. PPP is a metric used …
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NGX: Investors close week with N49b profit
Investors in the Nigerian equities market went home with N49 billion at the end of trading on Friday. This followed an increase in the share price of CHAMS, ETI, and …
Read More »NAFDAC arraigns three for manufacturing fake drugs in Kano
The National Agency for Food and Drug Administration and Control, on Friday, arraigned three suspects before the Federal High Court in Kano, for manufacturing, distributing and selling falsified medicines for …
Read More »Tariff Hike: Tribunal fines Multichoice ₦150m, ordered to give Nigerians one month free subscription
The Competition and Consumer Protection Tribunal has slammed Pay-TV operator, Multichoice Nigeria, owners of DSTV, GOTV, a ₦150 million fine for disputing the court’s jurisdiction. This is even as the …
Read More »Throw out foods in fridge after four-hour power outage, says WHO
Throw out foods in fridge after four-hour power outage, says WHO Read More Read More
Read More »First human case of H5N2 died from multiple factors- WHO
A man infected with H5N2 bird flu, the first confirmed human infection with the strain, died from multiple factors, the World Health Organisation said on Friday. WHO added that investigations …
Read More »$3.3bn deal: Afrexim Bank disburses another $925 million to Nigeria
African Export-Import Bank (Afreximbank) has disbursed an additional $925 million to the federal government of Nigeria under the syndicated $3.3 billion crude oil-backed prepayment facility sponsored by the Nigerian National …
Read More »NGX: Investors lose N84b as stocks tumble
Investors in the Nigerian equities market lost N84 billion at the end of trading on Thursday. This followed the dip in the share price of May & Baker, Fidelity Bank, …
Read More »Three more babies die from whooping cough in England
Three more babies have died after developing whooping cough in England. Eight infants have died between January and April 2024, according to the UK Health Security Agency (UKHSA). This is …
Read More »Fidelity Bank to raise N127.1bn to meet CBN’s new capital base requirement
Fidelity Bank Plc is set to raise ₦127.1 billion by way of Rights Issue to existing shareholders and a Public Offer. The combined offer is part of the bank’s strategy …
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