Business

TotalEnergies promises sustainable energy

TotalEnergies promises sustainable energy     As TotalEnergies clocked 100 years, the company has promised to continue to adjust and adapt to be part of the story of energy for another 100 years.   On March 28, 1924, Compagnie Française des Pétroles was founded in France, a country without any[Read More…]

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BUA Foods grows profit to N112bn

BUA Foods grows profit to N112bn   BUA Foods has improved profit after tax by 22.72 per cent to N112.1bn in 2023 from the N91.3bn reported in the prior year. According to its annual report and financial statements for the year ended December 2023 filed with the Nigerian Exchange Limited,[Read More…]

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NCC extends NIN-SIM deadline to July 31

NCC extends NIN-SIM deadline to July 31 The Nigerian Communications Commission (NCC) has extended the deadline for the disconnection of unlinked lines from April 15 to July 31, for subscribers with more than four SIM cards. According to source from the Telecommunication sector the deadline for those with less than[Read More…]

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Binance Executive Sues Ribadu, EFCC

Binance Executive Sues Ribadu, EFCC   Detained Binance executive, Tigran Gambaryan, has sued Nuhu Ribadu, the national security adviser (NSA) and the Economic Financial Crimes Commission (EFCC) over alleged violation of his fundamental rights.   According to NAN on Thursday, Gambaryan, in the originating motion dated and filed March 18[Read More…]

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Shettima Assures Nigerians of Naira Stability 

Shettima Assures Nigerians of Naira Stability  Vice President Kashim Shettima has assured that the naira will continue to stabilise in the coming weeks and months. Shettima gave the assurance at the inauguration of the National Design and Innovation Competition, held at the Presidential Villa, Abuja, on Wednesday. The event was[Read More…]

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CBN increases interest rate to 24.75%

CBN increases interest rate to 24.75% The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which benchmarks interest rates, from 22.75 percent to 24.75 percent.   CBN governor, Olayemi Cardoso, made the rate adjustment announcement at a news conference on Tuesday during[Read More…]

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