Browsing Tag
Finance
84 posts
SpaceX Stock Price Declines Below Initial Offering Value
SpaceX shares have fallen below their $135 debut price for the first time since the company went public last month, marking a 41% decline from its peak.
House Committee Demands Accountability for ₦34 Trillion Customs Waivers and Revenue Discrepancies
The House of Representatives Committee on Finance has ordered the Nigeria Customs Service to disclose details on ₦34 trillion in import waivers and resolve discrepancies in their revenue reporting.
New Regulations Imposed on Buy Now Pay Later Services
New FCA regulations for Buy Now Pay Later services provide consumers with stronger protections and refund rights, but stricter affordability checks could lead to more loan rejections.
PenCom Rejects Police Exit from Pension Scheme, Prioritizes Enhanced Benefits
PenCom Director-General Omolola Oloworaran confirms the police remain part of the Contributory Pension Scheme, pledging to negotiate improved benefits for officers while bolstering the safety and growth of pension investments.
Nigerian Equities Market Recovers with N720 Billion Gain
The Nigerian stock exchange saw a robust recovery on Tuesday, adding N720 billion in value as investors showed renewed interest across major sectors.
Navigating the complexities of end-of-term teacher gifts
Parents are finding it increasingly difficult to navigate the costs and social expectations surrounding end-of-year teacher gifts, prompting calls for more transparent and modest practices.
Nigerian Equities Market Recovers with N9.3 Trillion Gain
The Nigerian stock market bounced back last week, adding N9.3 trillion to investor value as shares in major companies like Dangote Cement and Airtel Africa surged.
Nigerian Banks Reduce Sectoral Lending by N5.4 Trillion
Deposit money banks in Nigeria cut lending to eight major sectors by N5.45 trillion in 2025, largely due to the Central Bank of Nigeria ending its regulatory forbearance policy.
SK Hynix Secures $26.5 Billion in Historic US Share Listing
South Korean chip manufacturer SK Hynix has completed a record-breaking $26.5bn US share listing, reflecting intense investor interest in the firm's role within the global artificial intelligence supply chain.
Cross River Farmers Criticize Bank of Agriculture Over Inaccessible Funding and Neglect
Farmers in Cross River State claim that the Bank of Agriculture is failing to support genuine producers, citing impossible application processes and a lack of government intervention.