Business Archives - Page 15 of 482

Business

Nigeria strengthens oil export chain with new 365,000-bpd Otakikpo terminal

Femi Fabunmi

5 months ago

The $400 million facility, located in Ikuru Town, Andoni Local Government Area, can handle 365,000 barrels per day. It is…

New Banking Rules: 10 things PoS operators must know to avoid sanctions

Femi Fabunmi

5 months ago

These rules, known as the Guidelines for the Operations of Agent Banking in Nigeria, were issued on October 6, 2025.…

Keystone Bank customers to win big in ‘Mega Milli’ promo

Michael Adesina

5 months ago

Keystone Bank Limited has unveiled its year-end nationwide promo that will reward its loyal customers with weekly cash prizes running…

Why my administration established N200bn MSME intervention fund – Tinubu

Kazeem Ugbodaga

5 months ago

Tinubu noted that the success so far recorded is largely due to the confidence reposed in Nigerian economic professionals, whose…

Nigerian crude output to hit 1.8m barrels by December

Paul Dada

5 months ago

“Mr President gave us a clear mandate to ramp up crude output to at least two million barrels per day…

Iyaloja structure: CHRICED applauds Oba of Benin’s position

Isa Isawade

5 months ago

"Oba Ewuare II’s response was clear, courageous, and culturally grounded. He reaffirmed that Benin markets are governed by the Iyeki—leaders…

FX: After four days of gains, naira dips to ₦1,465 at official market

Femi Fabunmi

5 months ago

According to official data released by the Central Bank of Nigeria (CBN), the naira depreciated to ₦1,465.68 per dollar at…

CBN reforms to stabilise economy, restore investor confidence – Cardoso

Ayorinde Oluokun

5 months ago

Cardoso said when he promised to clear verifiable FX backlog estimated at over seven billion dollars, the feat was a…

Lagos honours Jumia with top consumer-friendly business Award

Kazeem Ugbodaga

5 months ago

LASCOPA said the award was designed to encourage consumer-friendly practices while spotlighting companies that uphold fairness, trust, and accountability.

Nigerian govt, Meta opt for settlement in $32.8m data privacy sanction

Ayorinde Oluokun

5 months ago

The NDPC had, on Feb. 18, imposed both a remedial fee of 32,800,000 million US dollars and eight corrective orders…

Kingswell Tradelux Review 2025: Legit Or Not?

Ayorinde Oluokun

5 months ago

Kingswell Tradelux is a safe and private trading platform that does not compromise your online security. Besides this, most customers…

Wema Bank expands SME empowerment with landmark Trade Fair in Ghana

Kazeem Ugbodaga

5 months ago

According to a statement from the bank, attendees who shop with their Wema Bank debit cards at the fair will…

Insecurity erodes Nigeria’s Growth, Experts warn at Kosofe Dialogue

Kazeem Ugbodaga

5 months ago

Idahosa identified youth unemployment, cybercrime, and fragile supply chains as pressing threats to community stability, stressing that businesses must embrace…

CBN interventions, inflows keep naira stable at ₦1,483/$

Femi Fabunmi

5 months ago

Short-term forecasts suggest the dollar will likely trade within ₦1,480–₦1,495 in the official market and ₦1,485–₦1,500 in the parallel market…

Nigeria at 65: Farmers hail food price stability, demand stronger support

Isa Isawade

5 months ago

“The import waivers by the President and other measures helped crack down some prices. But apart from the prices going…

Southern Star Shipping, Flour Mills, Apapa Bulk Terminal still owing 305 seafarers salaries 50 yrs after

Isa Isawade

5 months ago

"I served our fatherland for 54 years! Why am I being treated like nobody?"

Dangote to reassign sacked workers – Federal Government

Femi Fabunmi

5 months ago

According to the Minister of Labour and Employment, Dr. Mohammed Maigari Dingyadi, the affected workers will be posted to other…

Senator unveils Tinubu’s plan to deploy 90,000km fibre optic network nationwide

Ayorinde Oluokun

6 months ago

The Senator said a number of studies have confirmed that any 10 per cent increase in your fibre penetration in…

Shettima, DBN, SMEDAN, stakeholders map road to MSME Growth

Kazeem Ugbodaga

6 months ago

The Vice President highlighted key reform measures of the administration, including the removal of fuel subsidies, foreign exchange unification, infrastructure…

Olam Agri empowers 1,004 women with life-changing Baking Academy

Kazeem Ugbodaga

6 months ago

The programme not only provides practical skills but also ensures professional certification through the National Business and Technical Examination Board…

Nigeria bleeds billions daily as oil theft, waste persist — Experts warn

Femi Fabunmi

6 months ago

However, they warned that technology alone would not solve the problem. Strong government action, strict enforcement of the law, and…

Oil sector in turmoil as PENGASSAN closes key petroleum agencies nationwide

Femi Fabunmi

6 months ago

At the NUPRC headquarters in Abuja, the main gate was locked, and employees were stranded outside.

Development Bank Launches Nigeria’s First-Ever MSME Data Asset

Abimbola Aderinola

6 months ago

The key features of the MSME Data Asset include: Data Integration & Centralisation, Enhanced Accessibility & Reporting, Improved Decision-Making, and…

Nigeria’s debt rises as World Bank prepares new $750m loans

Femi Fabunmi

6 months ago

Others warn that Nigeria’s rising debt now at about N149 trillion compared to N87 trillion when President Buhari left office …

Dangote Refinery backtracks, restores petrol sales in Naira nationwide

Kazeem Ugbodaga

6 months ago

The refinery had earlier issued a memo on Friday stating that, effective Sunday, September 28, it would halt sales of…

Naira now Africa’s 9th weakest currency – Forbes

Femi Fabunmi

6 months ago

Experts say the drop was helped by steady inflows of foreign exchange from oil sales and remittances, better farm output,…

Import costs fall as exchange rate strengthens to N1,480/$

Femi Fabunmi

6 months ago

The parallel market also reflected the trend, with the naira exchanging between N1,490 and N1,495 this week.

FAAN to start cashless payments at Lagos, Abuja airports

Femi Fabunmi

6 months ago

Travellers can also get a FAAN Go Cashless Card at airport gates in Lagos and Abuja. The card can be…

Jitters over petrol price as Dangote suspends product sales in Naira

Ayorinde Oluokun

6 months ago

The company said its decision was triggered by the depletion of its crude-for-naira allocation,

PenCom announces new capital base for pension fund operators

Ayorinde Oluokun

6 months ago

The circular read, “PFAs will now be required to maintain capital levels proportionate to their Assets Under Management (AUM), while…

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