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Business

EFCC

EFCC boss tasks bank auditors on tackling financial crimes

Paul Dada

2 years ago

Apejoye rose to the occasion and called for better engagement of the professionals with the Commission. “We should all be…

“New UK funding for tech entrepreneurs will boost livelihoods in the world’s developing countries”

Paul Dada

2 years ago

Harnessing AI technology to provide real-time agricultural advice to farmers in Nigeria and pay-as-you-go solar powered fridges are just some…
CBN

Investors oversubscribe CBN N1trn OMO bills

Ayorinde Oluokun

2 years ago

The auction was the first since last week’s Monetary Policy Committee (MPC) meeting, which was followed by a virtual meeting…
The account of Algrain Foods Limited became toxic in the year 2016 and the Trustee appointed Mr. Ade Oyebanji SAN as the Receiver

How court ordered sale of Algrain Foods Limited

Ademola Adegbamigbe

2 years ago

Algrain Foods Limited was a customer of First City Monument Bank (FCMB) and First Bank of Nigeria Limited (FBNL) and…
The seven fruits of President Tinubu’s Qatar trip

Tinubu asks Qatari investors to report any govt. officials demanding for bribe

Kazeem Ugbodaga

2 years ago

Speaking at the Nigeria-Qatar Business and Investment Forum in Doha, on Sunday, President Tinubu told Qatari investors that Africa's largest…
Tinubu, Qatari Emir witness signing of historic agreements by both nations

Tinubu, Qatari Emir witness signing of historic agreements by both nations

Kazeem Ugbodaga

2 years ago

Before the signing ceremony at the Qatar Presidential Palace, Tinubu assured his host of Nigeria’s preparedness to welcome investors into…
Alake pledges mineral data to aid Qattari businessmen eyeing Nigerian lithium

Alake pledges mineral data to aid Qattari businessmen eyeing Nigerian lithium

Kazeem Ugbodaga

2 years ago

Responding to enquires on the quality of Nigerian lithium by Qatari business mogul Sheikh Shahid Jawad at the meeting held…
Obi

Peter Obi kicks again: Nigeria’s business environment worsening 

Kazeem Ugbodaga

2 years ago

Obi said the loss was attributed to operational changes to the Nigerian Foreign exchange market, including the abolishment of the…
Adelabu

Minister summons DisCos, TCN over worsening power situation

Kazeem Ugbodaga

2 years ago

Those invited to the meeting are chief executive officers of Abuja Electricity Distribution Company (AEDC) and Ibadan Electricity Distribution Company…
Ogu govt says it is revitalizing the state's economy through a development plan anchored on infrastructure enhancement for sustainable growth.

Ogun’s growing economy anchored on strategic develoment plan – Finance Commissioner

Ayorinde Oluokun

2 years ago

Ogun Commissioner for Finance, Mr. Dapo Okubadejo,revealed this while addressing journalists during a monthly guest forum, organized by the Nigeria…
Dangote

Dangote Cement shareholders to receive 50% dividend increase

Ademola Adegbamigbe

2 years ago

In line with the promise of Chairman, Dangote Cement, Aliko Dangote at the company’s 2022 Annual General Meeting (AGM), of…
Investors lose N1.14trn as NGX reacts to MPC decision

Sell-off in Dangote Cement, MTN, others push equity down by 1.23%

Kazeem Ugbodaga

2 years ago

The All-Share Index also lost 1.24 per cent or 1.228.32 point, to settle at 98,751.98, as against 99,980.3 recorded on…
Cardoso

JUST IN: CBN revokes operational licenses of 4,173 BDCs

Kazeem Ugbodaga

2 years ago

The statement said the CBN took the action in the exercise of the powers conferred on it under the Bank…
PAT dropped from N53.647 billion recorded in 2022 to N51,141 billion in 2023, a decline of 4.7 percent.

Lafarge Africa announces 4.7% decline in PAT in 2023

Ayorinde Oluokun

2 years ago

The Lafarge boss stated that the firm’s performance was also largely impacted by spiraling inflation and unprecedented Naira devaluation, with…
The Federal Government says it has paid over 120 million dollars out of the 1.3 billion dollars owed Gas Suppliers in the country.

Gas-to-Power: FG pays gas suppliers over $120m

Ayorinde Oluokun

2 years ago

Recall, in January 2024, the Transmission Company of Nigeria (TCN) had blamed the low power generation and distribution experienced in…
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