Month: June 2025

Equity market opens bullish, gains N173bn

Business Affairs June 2, 2025 0

The domestic equity market on Monday opened on a bullish run, appreciating by N173 billion. Market capitalization of listed equities...

Oil prices rise despite OPEC+ output hike plans

Business Affairs June 2, 2025 0

Agency Report Morgan Stanley forecasts that OPEC+ will restore all 2.2 million bpd of previously cut output by October, mainly...

Banking & Finance

FG offers 2 savings bonds for subscription at N1,000 per unit

Business Affairs June 2, 2025 0

NAN The Debt Management Office (DMO), on behalf of the Federal Government, has offered two FGN Savings Bonds for subscription...

EU Commission fines Delivery Hero, Glovo €329m for cartel

Business Affairs June 2, 2025 0

dpa/NAN The European Commission on Monday issued a fine totaling 329 million ($376 million) to Delivery Hero and former rival...

Nigeria issues Upstream Executive Order, prioritizes high returns for oil, gas operators

Business Affairs June 2, 2025 0

Nigerian President Bola Ahmed Tinubu has signed an executive order designed to lower costs and enhance revenue from oil and...

Nigeria issues Upstream Executive Order, prioritizes high returns for oil, gas operators

Business Affairs June 2, 2025 0

Nigerian President Bola Ahmed Tinubu has signed an executive order designed to lower costs and enhance revenue from oil and...

Unity Bank, AfriGo explore collaboration to deepen access to electronic payments

Business Affairs June 2, 2025 0

Orisemeke Benjamin Unity Bank Plc has reaffirmed its commitment to advancing electronic payment adoption and financial inclusion by partnering with...

PalmPay ranked top Fintech, 2nd overall in Financial Times fastest-growing companies 2025 list

Business Affairs June 2, 2025 0

Orisemeke Benjamin PalmPay, a leading neobank and fintech platform focused on emerging markets, has been recognised as the fastest-growing financial...