Former APC chieftain Patrick Utomi says Nigeria needs leaders who understand economics and how economies work to double output in production. Mr Utomi said this in an interview in Lagos, noting that the tragedy of the current circumstance of huge unemployment and poverty, among others, needs people who understand what is “beyond to share” to … Read more
File Photo A commercial tricycle rider is battling for his life after he was beaten to a coma on Sunday, March 20, by a group of illegal revenue collectors after he insisted on not paying cash to them as directed by the new governor of Anambra State, Professor Charles Soludo. While delivering his inauguration speech … Read more
Latest dollar to naira exchange rate Sunday, 6th February 2022 can be accessed below. On this page, NewsOnline Nigeria compiles dollar to naira exchange rates daily during the week so our readers can easily have access to the rates the American dollar exchanged against the Nigerian naira each day for the week. Newsonline reports that the … Read more
Naira Latest dollar to naira exchange rate Friday, 4th February 2022 can be accessed below. On this page, NewsOnline Nigeria compiles dollar to naira exchange rates daily during the week so our readers can easily have access to the rates the American dollar exchanged against the Nigerian naira each day for the week. Newsonline reports that … Read more
naira Latest dollar to naira exchange rate Thursday, 3rd February 2022 can be accessed below. On this page, NewsOnline Nigeria compiles dollar to naira exchange rates daily during the week so our readers can easily have access to the rates the American dollar exchanged against the Nigerian naira each day for the week. Newsonline reports that … Read more
Wema Bank, one of Nigeria’s troubled lenders is battling heavy liquidity crisis despite distraction with the Davido ambassadorship curve. Wema Bank may have a serious challenge withstanding the shocks Nigeria’s fragile economy might throw up as it is currently struggling with a liquidity squeeze. It was gathered that the third-quarter financial result of the bank … Read more
Wema Bank, one of Nigeria’s troubled lenders is battling heavy liquidity crisis despite distraction with the Davido ambassadorship curve. The bank had in November 2021, splashed N1 million to musician, Davido, transgressing the Buhari regime’s ban on the microblogging site. “We heard your GOAT called our name. Well… #ALATgoals #ALATmakessmile. #30BG #30billiongang,” Alat, a digital … Read more
Naira Latest dollar to naira exchange rate Sunday, 23rd January 2022 can be accessed below. On this page, NewsOnline Nigeria compiles dollar to naira exchange rates daily during the week so our readers can easily have access to the rates the American dollar exchanged against the Nigerian naira each day for the week. Newsonline reports that … Read more
Tunde Ayeni For highly controversial Nigerian businessman, John Olatunde Ayeni, popularly known as Tunde Ayeni, it’s been one day, one trouble. The latest in the plethora of his travails is that he has lost another company, Ibadan Electricity Distribution Company (IBEDC) Limited, a DisCo he purchased in 2013, to the Nigerian government, six years after … Read more
naira Latest dollar to naira exchange rate Friday, 22nd January 2022 can be accessed below. On this page, NewsOnline Nigeria compiles dollar to naira exchange rates daily during the week so our readers can easily have access to the rates the American dollar exchanged against the Nigerian naira each day for the week. Newsonline reports that … Read more
Biyi Oloko, former special adviser on economic planning and internal revenue to late ex-governor of Oyo State Abiola Ajimobi, has won the Tilehurst South and Holybrook by-election in the United Kingdom. Mr Oloko, a British citizen of Nigerian descent, replaces councillor Peter Argyle who died after 24 years of service. Oloko, the new Conservative councillor, … Read more
There is serious tension among investors and shareholders of Sterling Bank Plc led by Abubakar Suleiman, as the shares of the bank dipped drastically in the 2021 financial year. If you invested N1 million in the bank’s shares at the beginning of the year 2021, you would have lost N281,000.00 of your investment as the … Read more
Actress-filmmaker Funke Akindele on Wednesday got her fans excited after sharing a scene from her movie Omo Ghetto part one. The 44-year-old shared the throwback scene on Instagram saying, “Allow me throwback to the first #omoghettomovie.” Directed by Abiodun Olarenwaju and produced by Funke, Omo Ghetto was released in October 2010, it features movie stars like … Read more
Abubakar Suleiman There is currently tension tinged with outrage in the camp of investors and shareholders of Sterling Bank Plc led by Abubakar Suleiman, as the shares of the bank dipped drastically in the 2021 financial year. If you invested N1 million in the bank’s shares at the beginning of the year 2021, you would … Read more
Naira Latest dollar to naira exchange rate Tuesday, 18th January 2022 can be accessed below. On this page, NewsOnline Nigeria compiles dollar to naira exchange rates daily during the week so our readers can easily have access to the rates the American dollar exchanged against the Nigerian naira each day for the week. Newsonline reports that … Read more
The leadership of the Anambra Internally Generated Revenue Services led a team of enforcers to seal branches of the bank in the state. Anambra State Government sealed off the premises of the Guaranty Trust Co. (GTCo) in the State for non-remittance of tax. The closure which caught the bank staff and customers unawares saw the … Read more
STOCKHOLM (Reuters) – Sweden’s VOI Technology, which operates e-scooter service in Europe, said on Tuesday it has raised $115 million from investors such as Raine Group and VNV Global, valuing the company at just over $1 billion. The revenue of VOI, whose competitors include Germany’s Tier and American companies Lime and Bird, has grown by … Read more
Global Times Nigeria YouTube star MrBeast rethinks old notions of philanthropy NEW YORK (AP) — The line of cars started forming at dawn. It was early November in Greenville, North Carolina, and drivers waited in a line that stretched for miles to pick up Thanksgiving turkeys — 10,000 free frozen birds to anyone who asked. … Read more
Ecobank Nigeria reported a profit before tax of $10 million, a decrease of $14 million, or 58%, or 55%, in constant currency, driven predominantly by a decline in net revenue because of non-linear movements in interest rates within the period. Annualised ROE for the period was 2.5%. Ecobank Nigeria’s net revenue was placed at $107 million, … Read more
More than half the United States has approved sports betting legislation set in place. Lawmakers in Connecticut have finally reached a new gambling agreement with the Mohegan Tribe. Analysts expect Connecticut’s new gambling options to launch sometime this year. For years, lawmakers in Connecticut have been working hard to expand the state’s gambling industry. Proponents … Read more
South Dakota officially voted to legalize sports betting in November of 2020. The current laws will only allow for land-based sports betting to be done in tribal casinos. A bill to allow online sports betting in SD was shut down by the House Taxation Committee this week. The US sports betting industry continues to expand. … Read more
25 states across the country have legalized sports betting since PASPA was removed in 2018. Lawmakers in North Dakota have been discussing this new industry for years. New reports indicate North Dakota’s sports betting bill has just cleared another major hurdle. More states around the country are working to get their sports betting industries up … Read more