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Can illegal refineries ‘solve’ Nigeria’s billion dollar subsidy crises? 

May 28, 2022 XtremeNews 0

Can illegal refineries ‘solve’ Nigeria’s billion dollar subsidy crises?  Since the discovery of oil in commercial quantity in 1956, Nigeria has been enmeshed in an […]

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NGX gains N302 billion as IMG, Champion lead gainers to sustain bullish rally

May 26, 2022 XtremeNews 0

NGX gains N302 billion as IMG, Champion lead gainers to sustain bullish rally The equities market closed yesterday on a positive note as Industrial and […]

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FBNHoldings delivers a stelar performance of 99% growth in FY 2021, declares N166.7 billion Profit Before Tax

May 26, 2022 XtremeNews 0

FBNHoldings delivers a stelar performance of 99% growth in FY 2021, declares N166.7 billion Profit Before Tax FBN Holdings Plc. (“FBNH” or “FBNHoldings” or the […]

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Energy giant Glencore pleads guilty to bribing NNPC officials $52 million; agrees to pay $1.1 billion fine to U.S. Govt

May 26, 2022 XtremeNews 0

Energy giant Glencore pleads guilty to bribing NNPC officials $52 million; agrees to pay $1.1 billion fine to U.S. Govt Glencore Entered Guilty Pleas to […]

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CBN’s N143 billion treasury bills auction records 47% oversubscription

May 26, 2022 XtremeNews 0

CBN’s N143 billion treasury bills auction records 47% oversubscription The Central Bank of Nigeria’s (CBN) Treasury Bills for a 1-year tenor worth N143.88 billion, which […]

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Sim Fubara, Rivers accountant-general declared wanted for N345 billion fraud, emerges PDP candidate

May 26, 2022 XtremeNews 0

Sim Fubara, Rivers accountant-general declared wanted for N345 billion fraud, emerges PDP candidate Siminialayi Fubara, a former Accountant-General of Rivers state has won the Peoples […]

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Airtel, UACN support gains as NGX market cap grows by over N345 billion

May 25, 2022 XtremeNews 0

Airtel, UACN support gains as NGX market cap grows by over N345 billion The NGX closed on a positive note amidst sell-offs and buy-interests as […]

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JAMB moves to stop fake A level certificate for admission, remits N27 billion to FG

May 25, 2022 XtremeNews 0

JAMB moves to stop fake A level certificate for admission, remits N27 billion to FG The Joint Admission and Matriculation Board (JAMB) has taken major […]

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Anambra to source N68 billion for execution of major projects from capital market

May 25, 2022 XtremeNews 0

Anambra to source N68 billion for execution of major projects from capital market Anambra state government says N68 billion of the total estimated N170 billion […]

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El-Rufai releases N3 billion for payment of workers’ gratuities, death penalties

May 23, 2022 XtremeNews 0

El-Rufai releases N3 billion for payment of workers’ gratuities, death penalties The Governor of Kaduna, Nasir El-Rufai, has approved the payment of gratuity and death […]

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EFCC re-arraigns Dasuki, Yuguda, others over alledged misappropriation of N23.3 billion

May 23, 2022 XtremeNews 0

EFCC re-arraigns Dasuki, Yuguda, others over alledged misappropriation of N23.3 billion The Economic and Financial Crime Commission (EFCC) has re-arraigned former National Security Adviser, Sambo […]

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The SWOOTs capitalization declines w-o-w by N23 billion

May 22, 2022 XtremeNews 0

The SWOOTs capitalization declines w-o-w by N23 billion The combined market capitalization of stocks worth over one trillion (SWOOTs) depreciated by 0.12% to close at […]

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Zamfara budgets N17.1 billion for COVID-19 recovery programme

May 22, 2022 XtremeNews 0

Zamfara budgets N17.1 billion for COVID-19 recovery programme Zamfara State Government has budgeted N17.1 billion for COVID-19 action recovery and economic stimulus tagged, “Matawalle Vision […]

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Alleged N47 Billion Fraud: EFCC releases Nsima Ekere after four days

May 21, 2022 XtremeNews 0

Alleged N47 Billion Fraud: EFCC releases Nsima Ekere after four days Nsima Ekere, a former Niger Delta Development Commission chief, has been freed on bail […]

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Accountant-General Ahmed Idris’ N80 billion “blasphemy” against ASUU and Nigeria

May 21, 2022 XtremeNews 0

Accountant-General Ahmed Idris’ N80 billion “blasphemy” against ASUU and Nigeria I am intentionally appropriating, and extending the semantic boundaries of, the term “blasphemy” for this […]

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Elon Musk: World’s richest billionaire loses $69 billion within 5 months as Tesla stock tumbles

May 21, 2022 XtremeNews 0

Elon Musk: World’s richest billionaire loses $69 billion within 5 months as Tesla stock tumbles Elon Musk’s wealth – and Tesla’s stock – took a […]

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Market capitalisation dips by N159 billion

May 21, 2022 XtremeNews 0

Market capitalisation dips by N159 billion Trading on the nation’s bourse closed on a downward trend on Friday, with market capitalisation dropping by N159 billion […]

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The NGX closes the week bearish, dips by over N150 billion in market cap

May 21, 2022 XtremeNews 0

The NGX closes the week bearish, dips by over N150 billion in market cap The NGX closed on a negative note amidst sell-offs and buy-interests […]

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AfDB approves $1.5 billion “emergency response” to address “potential” food crisis in Africa

May 20, 2022 XtremeNews 0

AfDB approves $1.5 billion “emergency response” to address “potential” food crisis in Africa The African Development Bank has approved a $1.5 billion emergency food production […]

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Tether Q1 2022 report shows a $4 billion decrease in commercial paper holdings

May 20, 2022 XtremeNews 0

Tether Q1 2022 report shows a $4 billion decrease in commercial paper holdings Tether, the issuer of the world’s largest stablecoin by market capitalization, USDT, […]

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BoI disbursed N213.63 billion to over 30,000 Nigerian enterprises in 2021

May 20, 2022 XtremeNews 0

BoI disbursed N213.63 billion to over 30,000 Nigerian enterprises in 2021 The Bank of Industry has disclosed that it disbursed a total of N213.63 billion […]

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Tether loses nearly $10 billion in market capitalization in May

May 20, 2022 XtremeNews 0

Tether loses nearly $10 billion in market capitalization in May Tether (USDT), the world’s largest stablecoin, saw its total supply fall sharply this month by […]

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Bullish stance on the local bourse drives daily gains up by N298 billion

May 19, 2022 XtremeNews 0

Bullish stance on the local bourse drives daily gains up by N298 billion The NGX closed on a positive note amidst sell-offs and buy-interests as […]

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Seplat $1.28 billion acquisition of Mobil oil assets suffer major setback as FG declines approval

May 19, 2022 XtremeNews 0

Seplat $1.28 billion acquisition of Mobil oil assets suffer major setback as FG declines approval The Federal Government has refused to give its consent to […]

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Profit-taking continues on the local bourse as market cap dips by N19 billion

May 19, 2022 XtremeNews 0

Profit-taking continues on the local bourse as market cap dips by N19 billion The NGX closed on a negative note amidst sell-offs and buy-interests as […]

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