TINUBU SET UP COMMITEE ON GRID ASSET MANAGEMENT COMPANY
HOTJIST NEWS President Bola Tinubu on Friday started a group of 11 people to help set up and run the Grid Asset Management Company Limited...
CBN SAYS 30 BANKS HAVE MET MINIMUM CAPITAL REQUIREMENTS
The Central Bank of Nigeria (CBN) states that 30 banks have met the minimum capital requirements set out in March 2024. In a statement released...
BUSINESS: PRICE HIKE — IMPORTED FUEL CHEAPER THAN DANGOTE PETROL DESPITE NAIRA-FOR-CRUDE DEAL
BY:TAJUDEEN AMINAT The landing cost of imported petrol has once again dropped below the price of petrol from the Dangote Refinery, despite the refinery benefiting...
$3.5 BILLION IN LOCAL GOLD ADDED TO NIGERIA’S FOREIGN RESERVES
Nigeria’s foreign reserves have received a boost after the Central Bank of Nigeria (CBN) announced that the value of its gold holdings has risen to...
BREAKING NEWS: SOUTH KOREA LNG RESERVES SET TO RUN OUT IN 9 DAYS
Reports indicate that a South Korean lawmaker and energy sector analysts have raised concerns that the country’s liquefied natural gas (LNG) reserves are sufficient...
NECA APPLAUDS OYEDELE’S MINISTERIAL NOMINATION
Agency Report The Nigeria Employers Consultative Association has commended President Bola Tinubu for nominating the Chairman of the Presidential Committee on Fiscal Policy and Tax...
SENATE REJECTS NEW REGULATORY AGENCY, GIVES CBN FULL FINTECH OVERSIGHT
By: Balogun Ibrahim The Senate on Wednesday called for a stronger regulatory framework that would place the Central Bank of Nigeria (CBN) at the forefront...
OPENAI SURPASSES $25BN IN ANNUALIZED REVENUE
By: Balogun Ibrahim Artificial intelligence firm OpenAI has topped $25 billion in annualized revenue as of the end of last month, The Information reported Wednesday,...
LAGOS GOVT, WORLD BANK COLLABORATE ON EMERGENCY, RISK MANAGEMENT
The Lagos State Government on Wednesday stated that it is collaborating with the World Bank to significantly enhance emergency and risk management in the state....
FCCPC WARNS LAGOS TRADERS AGAINST ‘NO RETURN, NO REFUND’ POLICY
Agency Report The Federal Competition and Consumer Protection Commission has cautioned traders in Lagos against enforcing the illegal “no return, no refund” policy, describing the...