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Business

NASD OTC securities exchange

OTC Securities Exchange Records 0.20% Loss

March 12, 2024
By Adedapo Adesanya A 0.20 per cent loss was recorded on Monday, March 11 by the NASD Over-the-Counter (OTC) Securities Exchange, leaving its value down by N2.9 billion to N1.466 trillion from N1.469 trillion last Friday. In the same vein, the NASD Unlisted Security Index (NSI) of the bourse went down by 2.14 points at the close of business to
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Food Sufficiency

Tinubu Reiterates Efforts on Food Sufficiency, Local Industries Growth

March 12, 2024
By Adedapo Adesanya President Bola Tinubu on Monday reiterated his administration’s determination to ensure food sufficiency and protection of local industries for sustainable economic growth. He said this at the inauguration of the Niger State Food Security and Agricultural Mechanisation Programme. The project, an initiative of the Niger State government, is for the deployment of cutting-edge agricultural machinery and technology
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Nigeria's non-oil exports

WTO Inaugurates $1.2m Standards Facility to Boost Exports Quality

March 12, 2024
By Adedapo Adesanya The World Trade Organisation (WTO) has inaugurated a $1.2 million standards trade development facility to strengthen food safety in Nigeria. The standards trade development facility is a global initiative that seeks to strengthen food safety, as well as animal and plant health capacity in developing countries by encouraging the use of good practices. While speaking during the
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sort codes of UBA

UBA, MTN Nigeria Take Charge as NGX Index Rises 1.45%

March 12, 2024
By Dipo Olowookere The bullish momentum at the Nigerian Exchange (NGX) Limited continued on Tuesday with a further 1.45 per cent growth at the close of transactions by 2:30 pm. This was influenced by sustained bargain-hunting activities by investors, implying an expression of confidence in local equities, which underwent selling pressure a few sessions ago after the Central Bank of
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NNPC EFCC Crude Oil Theft

NNPC Seeks EFCC Help in Tackling Crude Oil Theft

March 12, 2024
By Adedapo Adesanya The Nigerian National Petroleum Company (NNPC) Limited has asked the Economic and Financial Crimes Commission (EFCC) to help tackle the menace of crude oil theft in the country as the anti-graft agency expands its operations into other economic sectors. The Group Chief Executive Officer of the company, Mr Mele Kyari, made this appeal at an interactive session
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Politics

Jumia EasyBuy

Jumia Nigeria Partners EasyBuy for Buy Now Pay Later Service

May 17, 2024
By Modupe Gbadeyanka A new service has been introduced by the leading e-commerce platform in Nigeria, Jumia, made possible with a partnership with EasyBuy. The new offering is Buy Now Pay Later (BNPL), allowing consumers across Nigeria to buy their desired products and make flexible payments over a time. A statement from Jumia disclosed that with this collaboration, consumers will
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Travel

Latest

2016 Cowbellpedia: Abia Cruises Into Semi-Final

By Modupe Gbadeyanka The ‘mental warfare’ among Nigeria’s young inventors in the on-going Cowbellpedia Mathematics Television Quiz Show continued last weekend as Onyedikachi Ukpabi of Britarch Secondary School, Umuahia, got a semi-final ticket for  Abia State. Abia is now the second state
August 29, 2016

What Causes Budget Padding—Ita Enang

By Dipo Olowookere Before now, the term ‘budget padding’ was alien to some Nigerians. The name became prominent when the National Assembly and the Presidency got involved in supremacy battle over the passage of the 2016 budget. After the National passed the
August 29, 2016

Ebonyi Governor Sacks Workers Of State Varsity

By Modupe Gbadeyanka Governor David Umahi of Ebonyi State has ordered the immediate sack of some non-academic staff of the state university and college of education. Mr Umahi gave the order in Abakaliki on Saturday while receiving the report of a committee
August 29, 2016

Indonesia, Nigeria Trade Volume Falls To $1.75b

By Modupe Gbadeyanka The Indonesian Ambassador to Nigeria, Mr Harry Purwanto, said the volume of trade between Nigeria and his country reduced to 1.75 billion dollars in 2015 from four billion dollars in 2014. Mr Purwanto made this known in an interview
August 29, 2016

LCCI Explains Reason For Nigeria’s Economic Woes

By Dipo Olowookere The Lagos Chamber of Commerce and Industry (LCCI) has stated why Nigeria is presently going through economic challenges, saying it is due to lack of investors’ confidence. Director General of LCCI, Muda Lawal, said at the weekend in Lagos
August 29, 2016

Quanergy Acquires OTUS People Tracker Software

By Modupe Gbedeyanka Leading provider of solid state LiDAR sensors and smart sensing solutions, Quanergy Systems, today announced the acquisition of OTUS People Tracker software from Raytheon BBN Technologies. The software complements Quanergy’s existing software portfolio and, when used with Quanergy’s LiDAR
August 29, 2016

Yamaha Motor Underscores Commitment To Africa

By Dipo Olowookere Japanese auto maker, Yamaha Motor, has exhibited its Clean Water Supply System, a compact system for water purification. Because the system does not require a powerful electric supply or special coagulant chemicals, it is simple to deploy and allows
August 29, 2016

Toshiba Aims To Solve Energy Problems In Africa

By Modupe Gbadeyanka Toshiba Corporation has disclosed that it is working hard to partner with African countries with a view to proffering solutions to the energy problems facing the continent. Toshiba participated in the Tokyo International Conference on African Development 2016 in
August 29, 2016

SES To Give US Govt. High Performance Network

By Modupe Gbadeyanka SES SA has announced on Monday that its SES Government Solutions (SES GS), a wholly owned subsidiary of SES, has been awarded a contract to provide an O3b Networks high throughput, low latency satellite communications solution for a US
August 29, 2016
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