Nigeria loses N6tr yearly to opaque oil deals - NEITI
Shocking revelations emerge as transparency watchdogs warn Nigeria is bleeding trillions through opaque oil incentives and questionable subsidy payments that lack proper documentation.
Category : Search result: banking industry
NZ Farmers Sell Dairy Division to French Giant Lactalis
In a groundbreaking move that's stirring controversy, New Zealand's largest dairy cooperative approves sale to French giant Lactalis, leaving farmers divided and experts calling it economic madness.
Nigeria Launches Interior Design Licensing System
Industry leaders establish groundbreaking licensing system for interior designers in Nigeria, setting new professional standards and consumer protection measures.
Samsung Profits Jump 32% in Q1 2024
Samsung Electronics reports impressive 32% profit surge in first quarter 2024, driven by AI boom and memory chip recovery. Find out how the Korean tech titan is beating expectations.
GloRilla vs Megan: Stylist Drama Fuels Beef Rumours
Fresh drama erupts in hip-hop as GloRilla and Megan Thee Stallion's stylists clash online, fueling speculation of a growing rift between the two rap stars. Get all the tea on this developing story!
Akwaamaka Music Launches Revolutionary Lagos Studio
Lagos-based entertainment powerhouse Akwaamaka Music launches revolutionary recording facility, offering cutting-edge technology and training programs to elevate Nigeria's music industry standards.
Detty December 2025: Who Will Deliver the Anthem?
As anticipation builds for Detty December 2025, music industry insiders reveal which Nigerian artists are frontrunners to deliver the ultimate party anthem. Get exclusive insights into the contenders and predictions.
OPay user's mistaken ₦30k transfer trends as 'Na I Go Rent'
A Nigerian OPay user's desperate plea for refund after sending money to wrong account trends online as 'Na I Go Rent' saga captures social media attention.
Students Demand Local Crude Allocation to Refineries
Nigerian students unite in calling for domestic crude oil allocation to boost local refining capacity and tackle fuel scarcity crisis.
Cleva: Convert Stablecoins to Naira Easily in Nigeria
Discover how Cleva's innovative fintech solution is revolutionizing dollar savings and stablecoin conversions for Nigerians, offering seamless banking services with US accounts.
Boeing Reports $5.4B Loss, 777X Delays Extended
Aviation giant Boeing faces financial turbulence with huge losses and extended delays for its flagship 777X aircraft, impacting global aviation industry.
Nigeria signs $400m steel production deal
Federal Government partners with African Natural Resources and Mines Limited in landmark agreement to boost domestic steel manufacturing and reduce import dependency.
Economic Saboteurs Threaten Dangote Refinery - NAPS
The National Association of Petroleum and Natural Gas Senior Staff calls for immediate federal intervention to protect Africa's largest refinery from economic saboteurs undermining Nigeria's energy independence.
Woman Caught Swapping Elderly Man's ATM Card in Bank
A Nigerian woman was caught red-handed swapping an elderly man's ATM card during a banking transaction. CCTV footage exposed the theft attempt at a commercial bank in Nigeria.
Santander Bank Posts Record €11.1 Billion Profit
Spanish banking giant Santander reports historic €11.1 billion profit for 2023, driven by strong European and American markets. See how this impacts global banking.
BASF Profit Dips 37%, Demands EU Cut Red Tape
German chemical company BASF reports significant profit drop, calls on European Union to reduce bureaucratic hurdles affecting business competitiveness in latest earnings report.
Mercedes Profit Plunge: Nexperia Chips Assured
Mercedes-Benz reports significant profit drop while reassuring investors about Nexperia chip supplies. Latest financial results show 30% EBIT decline as luxury car market faces headwinds.
Second Pathologist Exits Mohbad DNA Case Amid Tampering Claims
Fresh drama unfolds in Mohbad's paternity saga as another medical expert exits the case and the late singer's widow makes explosive allegations about evidence tampering.
Access Holdings Buys National Bank of Kenya for ₦179B
Nigerian financial giant Access Holdings PLC has finalized a historic acquisition of National Bank of Kenya, marking one of Africa's largest cross-border banking transactions worth ₦179 billion.
Nigeria's $1 Trillion Economy Target Now Within Reach
Minister of Industry, Trade and Investment Doris Anite announces Nigeria's ambitious $1 trillion economy target is more achievable than ever, citing recent economic reforms and investor confidence.
Mercedes-Benz Profit Dives 30% Amid China Slump
German luxury automaker Mercedes-Benz reports massive profit decline amid Chinese market struggles and new European Union tariffs on electric vehicles.
Deutsche Bank Posts Record €5.7 Billion Profit
Germany's banking giant Deutsche Bank reports historic €5.7 billion profit driven by strong trading and investment banking performance in 2023.
UBS Beats Expectations with $1.8 Billion Profit
Swiss banking powerhouse UBS delivers stunning Q1 results, exceeding expectations with $1.8 billion profit and recovering massive provisions. Nigerian investors watch closely as global banking shows strong recovery signs.
NZ Raids Insurer Over Alleged Russian Sanctions Violations
New Zealand police execute dramatic raids on maritime insurer linked to Russian vessels, uncovering alleged sanctions evasion scheme involving international shipping operations.
Nigeria's Aviation Paradox: Potential vs Poor Connectivity
Despite being Africa's most populous nation with enormous aviation potential, Nigeria ranks among the world's least connected countries by air. Discover the challenges holding back Nigeria's aviation sector and the opportunities waiting to be unlocked.
FirstBank Redeems $350M Eurobond, Shows Financial Strength
Nigeria's premier banking institution, FirstBank, has successfully redeemed its $350 million Eurobond, demonstrating robust financial health and reinforcing investor confidence in the Nigerian banking sector.
NB Hits ₦1.04 Trillion Revenue in 9 Months
Nigerian Breweries Plc achieves unprecedented financial performance with ₦1.04 trillion revenue in nine months, showcasing remarkable growth despite economic challenges.
30 Young Black Actors Dominating Hollywood 2024
Discover the brilliant young Black actors who are reshaping Hollywood with their extraordinary talent and breaking barriers in the entertainment industry.
Lady Shows Massive OPay Balance - Goes Viral!
A young Nigerian woman has set social media ablaze after proudly displaying her impressive OPay bank account balance online, sparking massive reactions and financial envy across platforms.
2Baba Celebrates 25 Years in Music, Thanks Wife Annie
Nigerian music legend 2Baba marks 25 years in entertainment industry with emotional letter thanking wife Annie Idibia and colleagues, while fans notice curious omission of former partner.
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