Tuesday, May 14, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Business

Here’s why you are yet to receive your MTN shares

    Here’s why you are yet to receive your MTN shares

Through the first two weeks of December 2021, MTN Nigeria made a public offering to sell 575 million ordinary shares to Nigerians at the price of N169 per share, in

0 comment Read Full Article

EXCLUSIVE: Ministries can now award a N1.499bn contract without BPP

    EXCLUSIVE: Ministries can now award a N1.499bn contract without BPP

The federal government has approved a prior review of the thresholds service-wide application for procurements in ministries, departments and agencies (MDAs). Ministerial tenders board can now award a contract of

0 comment Read Full Article

Crypto market loses $356bn in 24 hours — and $1 trillion in two months

    Crypto market loses $356bn in 24 hours — and $1 trillion in two months

The value of the cryptocurrency market stood at $1.61 trillion on Saturday, representing 11.8 percent decline over the last day, according to data on CoinMarketCap.  The price crash culminated in a

0 comment Read Full Article

CBN to commence e-invoice for import and export transactions Feb 1

    CBN to commence e-invoice for import and export transactions Feb 1

The Central Bank of Nigeria (CBN) says it will commence an electronic invoice (e-invoice) for all import and export operations from February 1.  An e-invoice is a digitally-delivered invoice issued, transmitted, received,

0 comment Read Full Article

FCCPC, Shippers’ Council sign agreement for fair competition among industry operators

    FCCPC, Shippers’ Council sign agreement for fair competition among industry operators

The Federal Competition and Consumer Protection Commission (FCCPC) has signed a memorandum of understanding (MoU) with the Nigerian Shippers’ Council

0 comment Read Full Article

Osinbajo: Multilateral organisations should adopt debt relief initiatives for Africa

    Osinbajo: Multilateral organisations should adopt debt relief initiatives for Africa

Vice-President Yemi Osinbajo says multilateral organisations should adopt debt relief initiatives to aid Africa’s economic recovery. Osinbajo said this while

0 comment Read Full Article

Bitcoin price drops below $40,000 amid Russian crypto ban

    Bitcoin price drops below $40,000 amid Russian crypto ban

Bitcoin, the world largest crypto by market cap, dropped 9 percent on Friday to $38,147. According to data on CoinMarketCap, this

0 comment Read Full Article

Nigeria to benefit as IMF proposes $50bn trust fund for low income countries

    Nigeria to benefit as IMF proposes $50bn trust fund for low income countries

The International Monetary Fund (IMF) says it is proposing a $50 billion trust fund to help low and vulnerable middle-income

0 comment Read Full Article

Ponzi scheme promoters risk 10-year jail term as capital market bill passes second reading at house of reps

    Ponzi scheme promoters risk 10-year jail term as capital market bill passes second reading at house of reps

A bill seeking to prohibit Ponzi and Pyramid schemes has passed the second reading at the house of representatives. In recent

0 comment Read Full Article

DMO: Nigeria’s bond issuance oversubscribed by N139 billion

    DMO: Nigeria’s bond issuance oversubscribed by N139 billion

The Debt Management Office (DMO) says the country’s January bond issuance valued at N214.05 billion ended with an oversubscription of

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