Happenings

February 20th, 2021
Happenings

Figures obtained from the National Bureau of Statistics on Thursday indicates that Nigeria is out of recession. In the report, Nigeria’s Gross Domestic Product recorded an increase of 0.11 per cent in the fourth quarter of 2020. The NBS said...
February 12th, 2021
Happenings

A dating app called Bumble which was launched by Ms. Wolfe Herd in Texas in 2014 with the backing from Russian billionaire, Andrey Andrew, has the highest market value in the listing shares with over $13bn. The app which was created for women to...
February 12th, 2021
Happenings

The Central Bank of Nigeria stated on Thursday that banks lending money through Standing Lending Facility dropped by 98 percent year-on-year from N662.44 billion in November 2019 to N15.95 billion in November 2020. This according to the CBN is as a...
February 6th, 2021
Happenings

The Central Bank of Nigeria in a circular released on Friday has directed all financial institutions, Deposit Money Banks (DMBs), Non-Bank Financial Institutions (NBFIs), and Other Financial institutions (OFIs) to shut down all accounts of...
February 5th, 2021
Happenings

Royal Dutch Shell has attributed its net loss of $21.7 billion in 2020 to the Covid-19 pandemic which reduced demand for global energy. In a statement made by the company, its net loss which rose from $15.8 billion in 2019 to $21.7 billion in...
February 2nd, 2021
Happenings

Royal Dutch Shell has diversified its investment to acquire Ubitricity, owner of the largest public charging network for electric vehicles in the UK. The company in a statement released on Monday announced its purchase of 100 percent of...
February 1st, 2021
Happenings

The Central Bank of Nigeria through its committee on Monetary Policy has disclosed that the Bank's total credit to the economy rose to 25.02 trillion naira at the end of 2020. In a statement made by the CBN Governor, Godwin Emefiele, the credit...
February 1st, 2021
Happenings

The Nigerian Stock Exchange(NSE) has released its market activities for the month of January. In a report released earlier today, trading activities according to the NSE was impressive in January as it closed the month with about N22.19tn and 42,412...
January 28th, 2021
Happenings

A report released on Thursday disclosed that Toyota has reclaimed its leading position as the world's largest automobile manufacturer. According to the report, Toyota sold about 9.5 million vehicles in 2020 which gave it an edge over Volkswagen's...
January 28th, 2021
Happenings

Following recent scrutiny from regulators over the role Facebook contents played before and during the 2020 US presidential elections, the company has revealed it is planning on ways to reduce political contents on its news feed. In a statement...
January 28th, 2021
Happenings

Amidst the Covid-19 pandemic waves, Microsoft earned a revenue of $3 billion in its three months sales record. The American multinational technology company income exceeded Wall Street Analysts' expectations for a quarterly revenue. According to...
January 28th, 2021
Happenings

  After 22 months ban, Boeing 737 Max has been given access to fly in the US and Brazil having been cleared UK's Civil Aviation Authority that the flight is safe. It would be recalled that the ban on the flight was placed as a result of...
January 26th, 2021
Happenings

  The London leading Aerospace, Rolls-royce has disclosed in a report released today that it is expecting £2 billion of cash to leave the business in 2021. The expections which is more than a double forecast compared to previous years was...
January 26th, 2021
Happenings

  One of the Ecobank Group subsidiaries, Ecobank Nigeria has secured a 50 billion naira for a 10 year subordinated loan. The loan which is aimed at supporting Micro, Small and Medium Scale Enterprises and small corporates was obtained to...
January 26th, 2021
Happenings

  The Central Bank of Nigeria has revealed the list of the ten exporters that earn $10.88 million in a month from non-oil goods. According to the CBN's monthly economic report, the goods of the exporters are mainly agricultural produce...
January 26th, 2021
Happenings

The Central Bank of Nigeria has threatened to shut the accounts of operators who violate the rules and guidelines of diaspora remittances. According to a circular that was released by the CBN, the accounts of such violators will be...
January 21st, 2021
Happenings

In 2020, Netflix has garnered about 37 million subscribers which is a 31% increase from the year before. The company which was established in 1997 surmounted many milestones and has become one of the most influential companies in Hollywood with a...
January 20th, 2021
Happenings

Apple has commenced plans to improve practices and ensure best welfare options for its workers. This arose as a result of the recent maltreatment of workers by its factory management in China and India leading to the vandalization of a factory in...
January 3rd, 2020
Happenings

Nigeria is inching closer to becoming Africa’s mining investment hub. By dangling the proverbial carrot in the form of regulatory incentives as well as tax and other fiscal reliefs to prospective local and foreign investors, the Federal...
September 20th, 2019
Happenings

THE Construction Manager, Alaro City, Bailey Ligtas, said the firm has adopted innovative infrastructure building systems that serve as benchmark for new cities in the country. Speaking with reporters after a tour of the city in Lekki Free Zone...
September 5th, 2019
Happenings

NIPCO Plc, one of the distributors of Liquefied Petroleum Gas (LPG),  plans to extend its 10,000metric tons (mt) production to 25 LPG off-takers approved by the Nigeria LNG Limited for distribution across the country. Its Managing...
August 15th, 2019
Happenings

Investors look at stock prices on a screen at a securities company in Beijing on August 15, 2019.  NICOLAS ASFOURI / AFP   Asian markets sank Thursday after the Dow suffered its worst day of the year as fears of a global recession...
August 5th, 2019
Happenings

Investors in equities have lost N1.38 trillion over the past seven months as the onset of the first half earnings season failed to sustain expected recovery at the stock market. Nigerian equities suffered their worst depreciation so far this year in...
July 24th, 2019
Happenings

The Group Executive Director, BUA Group, Kabiru Rabiu, has given insights on how to tackle the challenges mitigating against the growth of the Sugar industry in Nigeria. Speaking on the “Challenges of Emerging Sugar Companies in Meeting the...
December 21st, 2015
Happenings

  Clients of Ogilvy Public Relations and Weber Shandwick took home five Gold SABRE trophies each and Norwegian public relations firm Trigger and its client Plan Norway won the Platinum SABRE for the best public relations campaign of 2015 for...