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UBA opens rights issue to raise N239.4 billion, heads for strategic expansion
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has opened a Rights Issue of 6,839,884,274 ordinary shares of 50 ...Reforms in Nigeria not working, IMF report hints
The latest outlook report of the International Monetary Fund, IMF, for sub-Sahara Africa has indicated that the broad-based economic reforms ...Oil earnings may hit N6.9tn monthly as production rises
The Federal Government is set to earn about N6.99tn monthly from the oil sector as the Nigerian National Petroleum Company ...Naira depreciates to N1,740/$ in parallel market
The Naira yesterday depreciated to N1,740 per dollar in the parallel market from N1,735 per dollar on Tuesday. Similarly , ...FG proposes N48trn budget for 2025
The Federal Government has proposed N47.9 trillion as total expenditure in 2025 budget. Atiku Bagudu, the minister of budget and ...US election: Bluesky gains over a million members as users flee Elon Musk’s X
Donald Trump’s US election victory – and billionaire Elon Musk’s role in helping to get him elected – has sent ...Air Peace Lagos-bound flight disrupted by bird strike in Abuja
Air Peace Lagos-bound flight was disrupted by a bird strike shortly before takeoff in Abuja on Thursday. A bird strike ...Nigeria’s crude oil production now 1.8m bpd – NNPC
The Nigerian National Petroleum Company (NNPC) Limited says Nigeria’s oil production has reached 1.8 million barrels per day (bpd). According ...Bitcoin continues hot streak, surges past $90,000
The price of the digital currency started climbing when Donald Trump, a Republican Party candidate, was announced winner of the ...Henrietta Ugboh appointed UBA Independent Non-Executive Director as Duke retires
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced the appointment of Henrietta Ugboh as an Independent Non-Executive ...