Afreximbank Achieves Solid First Half 2024 Growth Amid Economic Challenges
Afreximbank has reported that its net interest income grew 24.5% in H1 2024, fueled by a 31.42% rise in interest income.
Afreximbank has reported that its net interest income grew 24.5% in H1 2024, fueled by a 31.42% rise in interest income.
Telecoms subscribers have opposed operators’ demand for a 40% tariff hike, urging the NCC to protect consumers from financial burdens.
Maigandi has urged Nigerians be patient as vessels discharge fuel into the stations and supply stabilises across the country.
SEC plans to develop a mobile application and address unclaimed dividends which stood at N215 billion as at March 2024.
Operators in Nigeria’s aviation sector are losing money, and need low-interest loans, says Obiorah Okonkwo.
Bavarian Nordic is seeking EU approval to extend its mpox vaccine to adolescents, with plans for trials in younger children.
CBN Governor Cardoso has revealed that IFRS standards have driven transparency, boosting foreign investments and growth in Nigeria’s financial sector.
Wale Edun says Nigeria’s domestic dollar bond offers benefits including safety and security, diversification opportunities, and a predictable cash flow.
Nigeria’s inflation rate has decreased to 33.4% in July 2024, marking its first decline since December 2022, according to NBS.
The EIU has warned that delays in achieving petrol production at Dangote refinery could worsen Nigeria’s budget deficit, currency stability
Bakers have called for a reduction in flour prices and urgent government intervention to address skyrocketing costs affecting their operations.
A new oil production technology, first tested by Chevron, could unlock up to 5 billion barrels of previously inaccessible crude.
MAN has warned that rising interest rates at 35%, driven by CBN’s MPR hikes, are strangling manufacturing and threatening jobs
Mercedes-Benz Korea is set to cooperate with authorities to determine the cause of fire and would offer free inspections nationwide.
Dangote Refinery has refuted IPMAN’s claims that it plans to sell petrol at N600/ N650 per litre.
“Nobody is going to put in $1 with the expected return of 60 cents on the dollar,” Toriola emphasised strongly.
The Securities and Exchange Commission has approved a 10-day extension for Access Holdings Plc’s N351 billion rights issue
Google’s Rick Osterloh says, “We’re fully in the Gemini era,” as company showcases new AI-powered features and screenshot search.
Google will deactivate Russian AdSense accounts in August 2024, citing payment issues amid escalating tensions with Russia.
Driven by China’s growth, global electric vehicle sales have surged to 21% in July, despite tariffs and declining demand in Europe.
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