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Category: Business

Business

Despite Challenges, GTCO Declares N327bn PBT for Half Year 2023

<p>With the significant increase in profits, the management of GTCO declared N0.50 per share interim dividend in H1 2023 as against N0.30 per share declared in H1 2022.</p> <p>The post <a rel="nofollow" href="https://www.arise.tv/despite-challenges-gtco-declares-n327bn-pbt-for-half-year-2023/">Despite Challenges, GTCO Declares N327bn PBT for Half Year 2023</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 2 min read
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Business

Egyptian Businessman Mohamed Al Fayed Dies Aged 94

<p>After his eldest son Dodi was killed in a car crash alongside Princess Diana, the former Harrods and Fulham owner spent years questioning their deaths.</p> <p>The post <a rel="nofollow" href="https://www.arise.tv/egyptian-businessman-mohamed-al-fayed-dies-aged-94/">Egyptian Businessman Mohamed Al Fayed Dies Aged 94</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 3 min read
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Business

Falana: It’s Not For Market Forces, IMF, World Bank To Fix Forex Rate

<p>The SAN instructed the NBA to pay rapt attention to turnaround of refineries and its budgetary allocation.</p> <p>The post <a rel="nofollow" href="https://www.arise.tv/falana-its-not-for-market-forces-imf-world-bank-to-fix-forex-rate/">Falana: It’s Not For Market Forces, IMF, World Bank To Fix Forex Rate</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 4 min read
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Business

Nigeria’s GDP Growth Slows to 2.51% Amid Economic Crisis

<p> According to the NBS, real GDP was estimated at N17.72 trillion in Q2, lower than N17.75 trillion in Q1 but higher than N17.28 trillion in Q2 2022.</p> <p>The post <a rel="nofollow" href="https://www.arise.tv/nigerias-gdp-growth-slows-to-2-51-amid-economic-crisis/">Nigeria’s GDP Growth Slows to 2.51% Amid Economic Crisis</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 2 min read
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Business

Naira Stable on Parallel Market, Depreciates Marginally on I&E

<p>Also, the highest spot rate of the day was pegged at N799.9/$1 while its lowest exchange was N738/$1.</p> <p>The post <a rel="nofollow" href="https://www.arise.tv/naira-stable-on-parallel-market-depreciates-marginally-on-ie/">Naira Stable on Parallel Market, Depreciates Marginally on I&E</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 1 min read
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Business

Obiora Okonkwo: Nigerian Airlines Need Special Window To Access Forex

<p>He urged Aviation Minister Festus Keyamo to rid the sector of "speculators".</p> <p>The post <a rel="nofollow" href="https://www.arise.tv/obiora-okonkwo-nigerian-airlines-need-special-window-to-access-forex/">Obiora Okonkwo: Nigerian Airlines Need Special Window To Access Forex</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 4 min read
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Business

Paul Alaje: Wale Edun Needs To Redirect Nigeria’s Economy From Consumption To Production 

<p> “When you’re consuming and you’re devaluing, you’re only digging your own grave.”</p> <p>The post <a rel="nofollow" href="https://www.arise.tv/paul-alaje-wale-edun-needs-to-redirect-nigerias-economy-from-consumption-to-production/">Paul Alaje: Wale Edun Needs To Redirect Nigeria’s Economy From Consumption To Production </a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 6 min read
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Business

Fraudsters Steal N9.5bn Electronically From Nigerian Banks and Payment Systems in 7 Months

<p>The CBN called for enhanced collaboration to stem the tide, and also released fresh guidelines for forex sale by BDCs.</p> <p>The post <a rel="nofollow" href="https://www.arise.tv/fraudsters-steal-n9-5bn-electronically-from-nigerian-banks-and-payment-systems-in-7-months/">Fraudsters Steal N9.5bn Electronically From Nigerian Banks and Payment Systems in 7 Months</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 6 min read
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Business

Zulum Seeks Collaboration with Customs For Growth of Business in Borno

<p>This will be through enhanced trans-border trade with neighbouring countries of Cameroon, Chad and Niger Republic.</p> <p>The post <a rel="nofollow" href="https://www.arise.tv/zulum-seeks-collaboration-with-customs-for-growth-of-business-in-borno/">Zulum Seeks Collaboration with Customs For Growth of Business in Borno</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 3 min read
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