Tag: 2022

The Chartered Institute of Bankers of Nigeria, CIBN said its revenue rose by 16.9 percent to N2.06 billion in 2022 from N1.76 billion in 2021. The Institute also said that ...

Akwa Ibom State Internal Revenue Services said it recorded an increase of over N34.8bn in its revenue generation for the 2022 fiscal year. Our correspondent reports the amount represents a ...

The National Bureau of Statistics has revealed that domestic air transport fares increased by 66.36 per cent in the last one year. In its latest report titled ‘Transport Fare Watch ...

Nigeria’s insurance industry recorded N726.2bn gross premium income at the end of the fourth quarter of 2022. The National Insurance Commission disclosed this on Thursday in its ‘Bulletin of the ...

Ford Motor Company reported operating losses of $2.1 billion in its electric vehicle division last year, but this was more than offset by operating profits of $10 billion in its ...

The investment in the global oil and gas upstream sector has increased by 39 per cent to $499bn in 2022, the highest level since 2014 and the most significant year-on-year ...

The Nigerian Export Promotion Council has expressed its commitment to ensure that in 2023, Nigeria makes more than $4.82bn it generated from non-oil export business in 2022. Ekiti State Coordinator, ...

According to papers, Tesla lost $140 million (£113.5 million) on its Bitcoin investments in 2022. The electric vehicle manufacturer informed the US authorities that while it had lost $204 million ...

For the second consecutive week, the stock market segment of the Nigerian Exchange Limited (NGX) maintained its positive growth on the back of surge buying interest from investors ahead of ...

The Nigerian Economic Summit Group has said that inflation weakened the naira by 14.9 per cent, adding that the naira redesign plan of the Central Bank of Nigeria triggered the ...