Finance

No comment: Maersk declines to confirm presidency’s $600m seaport investment claim

Danish shipping and logistics company, A.P Moller-Maersk, has avoided comments on a supposed investment in Nigeria’s seaport infrastructure totalling $600 million. Last Sunday, President Bola Tinubu and the company’s Chairman,…

Your Trusted Source for Accurate and Timely Updates!

Adamimogo FM Nigeria: A vibrant tapestry of dreams, a powerful conduit for unity, and a platform that sparks inspiration. With every broadcast, we aim to light the way forward, connect hearts, and empower voices across South West Nigeria, and beyond. Tune in, and be part of something truly transformative.
- Advertisement -
Ad image

FG Issues Guidelines for Transition to New Tax Regime Under Tax Acts 2025

The Federal Government has released implementation guidelines for the Tax Acts 2025, outlining the procedures…

By

Voters Ready for Change, PDP Insists Ahead of Ekiti Poll

The Peoples Democratic Party (PDP) in Ekiti State has expressed confidence ahead of Saturday’s governorship…

Borrowing Is Not the Problem, Transparency Is — Peter Obi

The presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has called on Nigeria…

Court of Appeal Upholds Governor Oyebanji’s Governorship Ticket

The Court of Appeal in Abuja has affirmed the candidacy of Ekiti State Governor, Abiodun…

Just for You

Balogun Nets Brace as USA Thrash Paraguay 4-1 in World Cup Opener

Former Arsenal striker Folarin Balogun scored twice as the United States kicked off their 2026…

Infantino Defends World Cup Ticket Prices As Tournament Begins

FIFA President Gianni Infantino has defended the pricing structure for the 2026 FIFA World Cup,…

UEFA Plans New ‘Swiss-Style’ Qualification Format for 2030 World Cup, Euro Tournaments

UEFA is planning a major restructuring of the qualification process for the 2030 FIFA World…

PSG Make Champions League History With Back-to-Back European Titles

Paris Saint-Germain cemented their place among European football’s elite after successfully defending their UEFA Champions…

Lasted Finance

Insurers’ assets hit N3.3trn as premium income rises by 51%

Despite the harsh operating business environment in the economy, insurance companies were able to grow their total assets by 36.9 per…

Global growth remains unchanged at 3% in 2024 – IMF

The International Monetary Fund (IMF) says global growth is projected to remain unchanged at 3.2 per cent in 2024 and…

Poverty alleviation: Court orders Buhari’s minister to explain N729bn disbursement

Justice Dehinde Dipeolu of the Federal High Court in Lagos has directed the former Minister of Humanitarian Affairs, Disasters Management…

Banks recapitalization will increase loans, advances — Proshare

Analysts at Proshare Nigeria, an online news media, have projected increased bank loans and advances among other things following banks’ recapitalization.…

Naira depreciates to N1, 520/$ in parallel market

The Naira yesterday depreciated in the parallel market to N1,520 per dollar from N1,515 per dollar on Tuesday. Similarly, the…

CBN to sanction banks for rejecting old, small Dollar denominations

The Central Bank of Nigeria (CBN) has threatened to sanction Deposit Money Banks (DMBs) for rejecting old and small denominations of…

Forex: Turnover in NAFEM rises 74% to $22.88 bn in H1’24

The volume of dollars traded (turnover) in the Nigerian Foreign Exchange Market, NAFEM, rose year-on-year (YoY) by 74 percent to $22.88 billion in…

CBN’s Interest Rate Hike Hindering Growth, Job Creation – Dangote

The President and Chief Executive Officer of the Dangote Group, Aliko Dangote, yesterday faulted the hike of interest rate to…

CBN will support Eurobond issue, measures to boost external reserves – Cardoso

Governor, Central Bank of Nigeria, Olayemi Cardoso yesterday said that the apex bank will support measures to boost the nation’s external…

Nigeria’s terms of trade falls 0.12%

All commodity terms of  trade (ToT) declined by 0.12 percentage points in the first quarter of 2024 (Q1’24), just as the…