MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Business

‘Four days free ride’ — FG inaugurates PH-Aba train service

    ‘Four days free ride’ — FG inaugurates PH-Aba train service

The federal government has inaugurated the 62-kilometre (km) Port Harcourt-Aba train service. FG also declared a 4-day free train ride from May 1-4, to encourage and drive the usage of the

0 comment Read Full Article

Kaduna refinery to begin operations by year end, says KRPC

    Kaduna refinery to begin operations by year end, says KRPC

The Kaduna Refining and Petrochemicals Company (KRPC) says the refinery will become operational by the end of 2024. Mustafa Sugungun, managing director of KRPC, spoke on Monday when members of

0 comment Read Full Article

Nigeria must reduce dependence on imported drugs, says PMG executive secretary

    Nigeria must reduce dependence on imported drugs, says PMG executive secretary

Frank Muonemeh, executive secretary of the Pharmaceutical Manufacturers Group of Manufacturers Association of Nigeria (MAN), says the country should reduce its dependence on imported drugs. Muonemeh spoke on Tuesday at

0 comment Read Full Article

$600m investment: FG, Maersk didn’t seal any deal, says Onanuga

    $600m investment: FG, Maersk didn’t seal any deal, says Onanuga

Bayo Onanuga, special adviser on information and strategy to President Bola Tinubu, says no agreement or deal was signed between the Nigerian government and the shipping giant, Maersk. Speaking with

0 comment Read Full Article

Binance founder sentenced to four months in prison for money laundering

    Binance founder sentenced to four months in prison for money laundering

Changpeng Zhao, the founder of Binance, has been sentenced to four months in prison for money laundering, unlicensed money transmitting

0 comment Read Full Article

Report: Maersk says no $600m investment deal signed with Nigeria

    Report: Maersk says no $600m investment deal signed with Nigeria

Officials of A.P Moller-Maersk, a Danish shipping company, say there is no $600 million investment deal with the Nigerian government,

0 comment Read Full Article

Petrol scarcity: Major oil marketers to lift 300m litres of PMS this week

    Petrol scarcity: Major oil marketers to lift 300m litres of PMS this week

The Major Energies Marketers Association of Nigeria (MEMAN) says its members have commenced loading of over 300 million litres of

0 comment Read Full Article

Nestle Nigeria: Naira devaluation caused net loss of N142.7bn in Q1 2024

    Nestle Nigeria: Naira devaluation caused net loss of N142.7bn in Q1 2024

Nestle Nigeria Plc says naira devaluation in the first quarter (Q1) of 2024 caused a net loss of N142.7 billion.

0 comment Read Full Article

Moghalu to FG: Stabilise naira at actual market value | Raise $30bn from NNPC IPO

    Moghalu to FG: Stabilise naira at actual market value | Raise $30bn from NNPC IPO

Kingsley Moghalu, a former deputy governor of the Central Bank of Nigeria (CBN), has advised the federal government to stabilise

0 comment Read Full Article

OPay: We’re working with CBN to fight money laundering | Customers’ funds are safe

    OPay: We’re working with CBN to fight money laundering | Customers’ funds are safe

OPay, a Nigerian-based financial technology firm, has assured customers that their funds and data are safe. The fintech firm spoke

0 comment Read Full Article
error: Content is protected from copying.