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Day: June 9, 2023

Tinubu Pledges to Dismantle Petrol Monopoly: Seeks to Expand Market Access for Oil Marketers
Business News

Tinubu Pledges to Dismantle Petrol Monopoly: Seeks to Expand Market Access for Oil Marketers

Web AdminJune 9, 2023June 9, 2023
During a meeting with oil marketers at the State House in Abuja, President Bola Tinubu made a commitment to put an end to the monopoly of the Nigeria National Petroleum...
Unity Bank Struggles with Financial Woes: Reports Negative Retained Earnings and Shareholders’ Funds in Q1 2023
Business News

Unity Bank Struggles with Financial Woes: Reports Negative Retained Earnings and Shareholders’ Funds in Q1 2023

Web AdminJune 9, 2023
Unity Bank, in the first quarter of 2023, is grappling with substantial difficulties as indicated by negative retained earnings of N379.786 billion and negative shareholders' funds of N139.797 billion. According...
Employer-Imposed Vaccination Results in Severe Consequences
Business News Other News

Employer-Imposed Vaccination Results in Severe Consequences

Web AdminJune 9, 2023June 9, 2023
Stephen "Steve" Wenger, in an exclusive interview with The Defender, has shared his story of being injured by the COVID-19 vaccine. Wenger, who was compelled by his employer to receive...
Echoes of the Past: Nigeria Faces Economic Shutdown Again with Fuel Subsidy Removal
Business News

Echoes of the Past: Nigeria Faces Economic Shutdown Again with Fuel Subsidy Removal

Web AdminJune 9, 2023June 9, 2023
In Economic sciences, certain phenomena are described as cyclical—meaning that they happen periodically (at times, predictably); for example: unemployment. In line with this pattern, exactly this time in 2020, the...
Nigerian Naira Records -0.14% Depreciation on Black Market, Reports Naira Rates
Business News

Nigerian Naira Records -0.14% Depreciation on Black Market, Reports Naira Rates

Web AdminJune 9, 2023June 9, 2023
On Wednesday, the black market witnessed a decline in the value of the Nigerian currency, as the naira depreciated by -0.14%, according to Naira Rates, a parallel forex rate aggregator....

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Tinubu Says Trillions Saved from Fuel Subsidy Now Funding Infrastructure Development

Keystone Bank Empowers Entrepreneurs with SME Business Clinic Initiative

CBN Orders Banks to Submit Capital Recovery Plans Amid Rising Forbearance Exposure

Can Flutterwave’s Send App Mitigate High Cost of Remittances to Africa?

Glo Applauded for Championing Cultural Heritage at 2025 Ojude Oba Festival

IMF Urges Nigeria to Reassess 2025 Budget Amid Mounting Economic Risks

Red Tape Threatens Growth in Nigeria’s Oil Industry, Says Neconde Energy

What Would Jumia Gain from Proposed Acquisition by Axion Telecom

Economic Momentum Builds as Nigeria Records 3.7% Growth in First Half of 2025

Lack of Regulatory Reform Deepens Monopoly Fears in Nigeria’s Oil Sector

Stocks Slide as Market Sheds N150bn on First Trading Day of July

Will PAPSSCard Transform Africa’s Cross Border Payment System?

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