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CBN reports 130% jump in forex inflows to $553m in July 2024
The Central Bank of Nigeria (CBN) has reported a significant increase in remittance inflows, reaching $553 million in July 2024, a 130 per cent increase from the corresponding period in 2023. A statement by Hakama Sidi Ali (Mrs.), Ag. Director, Corporate Communications said “this figure represents the highest monthly total inflows…
Read More »NNPC Ltd Posts N3.3trn Net Profit, Declares N2.1trn Dividend
The NNPC Limited has released its 2023 Audited Financial Statement (AFS), declaring a net profit of N3.297 trillion at the close of the financial year which ended in December 2023, an increase of over N700billion (28%) when compared to the 2022 profit of N2.548trillion. In a world press conference held…
Read More »RUDN University Facilitates Professional Training in Nigeria
In a landmark initiative aimed at enhancing academic and professional skills among media practitioners, RUDN University, Russia, in collaboration with Kwara State University (KWASU), Nigeria, successfully concluded a four-day professional training programme in Ilorin. The event, which ran from Monday, August 12th to Thursday, August 15th, was offered at no…
Read More »Photos of Davido’s cousins at their father, Governor Adeleke’s special Thanksgiving service
Photos of Davido’s cousins at their father, Governor Adeleke’s special Thanksgiving service. #Bbnaija #HandiDanbaki Photo credit: @folazfab/Instagram
Read More »NNPC Ltd denies owing $6.8b
Story by: Abiodun Folarin Nigerian National Petroleum Company Limited (NNPC Ltd.) has reacted to report that it is indebted to international oil traders to the tune of $6.8 billion and that it has not remitted revenues to the Federation Account since January, among other allegations, saying they were not…
Read More »Access Holdings Extends Right Issue to August 23
Access Holdings Plc, has announced an extension of the acceptance period for its ongoing Rights Issue. Initially set to close on August 14, 2024, the period has now been extended to August 23, 2024, following the approval of the Securities & Exchange Commission (SEC). The statement, signed by the Group’s…
Read More »CBN to re-introduce publication of key economic reports
The Central Bank of Nigeria (CBN) has reintroduced the publication of several key economic reports, reaffirming its commitment to fostering transparency and accountability in the Nigerian economy. A statement by Hakama Sidi Ali (Mrs.), Ag. Director, Corporate Communications listed the reports to include the Purchasing Managers’ Index (PMI), Business Expectation…
Read More »Hydrogen Launches ‘Healthy Heart, Healthy Business’ Initiative to Promote Heart Health Among Business Owners
Hydrogen Payment Services Company Limited (Hydrogen), a leading payment services company, is excited to announce the commencement of its “Healthy Heart, Healthy Business” initiative, beginning on 30th July 2024. This significant initiative highlights Hydrogen’s commitment to promoting heart health awareness among business owners and professionals, focusing on the importance of…
Read More »UEFA Super Cup: Atalanta Ready To Prove Worth Against Real Madrid -Lookman
Ademola Lookman admitted that Atalanta are delighted to play Real Madrid in the UEFA Super Cup, PNO Sports reports. The Nigeria international also claimed La Dea want to prove they deserve to be facing Carlo Ancelotti’s men after winning the Europa League. Wednesday’s encounter will hold at National Stadium, Warsaw…
Read More »FG seeks global collaboration to address water shortage in developing nations
The Federal Government has called for a stronger collaboration and practical action from world leaders to achieve access to clean and sustainable water and improve sanitation services for citizens particularly in developing countries. Minister of Water Resources and Sanitation Engr Professor Joseph Terlumun Utsev made the call at the ongoing…
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