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Saturday, May 18, 2024
NCAA suspends licences of 3 private jet owners

NCAA suspends licences of 3 private jet owners

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Nigeria Civil Aviation Authority (NCAA) has suspended licences of three Permit for Non-Commercial Flight (PNCF), otherwise known
OPEC woos Namibia as African nation prepares to produce from 2030

OPEC woos Namibia as African nation prepares to produce from 2030

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The OPEC+ oil producers group, is eyeing Namibia for possible membership as it sets up what could be Africa’s fourth-largest
Fidelity Bank posts N124.3bn pre-tax profit in 2023 

Fidelity Bank posts N124.3bn pre-tax profit in 2023 

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Fidelity Bank Plc has recorded a profit before tax of N124.3 billion for the year ended Dec. 31, 2023, indicating 131.5 per cent increase
Stanbic IBTC Capital Leads Axxela ₦16.4bn 10-Year Bond Deal

Stanbic IBTC Capital Leads Axxela ₦16.4bn 10-Year Bond Deal

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Axxela Funding 1 PLC, a funding vehicle incorporated by Axxela Limited   sub-Saharan Africa’s leading gas and power portfolio company
Cellulant Appoints Executives from Stripe, Interswitch to Drive Growth

Cellulant Appoints Executives from Stripe, Interswitch to Drive Growth

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Cellulant, a pioneering force in payments in Africa, is proud to announce the appointment of several leading executives from esteemed
Reps issue ultimatum over N45bn alleged unremitted funds

Reps issue ultimatum over N45bn alleged unremitted funds

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The House of Representatives Public Accounts Committee, has issued a 21-day ultimatum to the Securities and Exchange Commission
Algeria signs hosting agreement for Intra-African Trade Fair 2025

Algeria signs hosting agreement for Intra-African Trade Fair 2025

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The Government of the People’s Democratic Republic of Algeria has signed the hosting agreement for the Intra-African Trade
Bobrisky: Naira mutilation conviction and matters arising therefrom

Bobrisky: Naira mutilation conviction and matters arising therefrom

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In February 2024, the mass media was awash with reports of the arrest of Bassey Idio, for currency racketeering by operatives of the Uyo
Treasury Bills Yield Slumps Below 19% vs Inflation

Treasury Bills Yield Slumps Below 19% vs Inflation

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Yields on Nigerian Treasury bills across tenors nosedived due to pocket of demand registered at the secondary market.
Nigeria’s US Dollar Bond Yield Surges after Sell Pressure

Nigeria’s US Dollar Bond Yield Surges after Sell Pressure

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The average yield rose 12 basis points as Nigeria’s US dollar bonds trading in the international market witnessed sell pressures