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Business

Nigerian stock market continues upward trend with 0.33%

The market capitalization, which opened at N59.510 trillion, climbed to N59.707 trillion by the end of trading.
Breaking: Nigeria battles Inflation spike as rates hit 32.70% in September

Breaking: Nigeria battles Inflation spike as rates hit 32.70% in September

Additionally, the NBS reported that on a month-on-month basis, the headline inflation rate for September 2024 was 2.52%, 0.30% higher…
Court orders fines Zenith Bank Plc N85m for freezing an account of its customer identified as Abhulimen & Co based on an invalid court order.

Zenith Bank drops important message on System Upgrade

In a message addressed to its customers, the bank confirmed that all digital channels are now fully operational, allowing users…
GTBank

GTBank announces nationwide early branch closures, digital blackout

Additionally, the bank said customers should anticipate temporary service disruptions on GTBank’s digital banking platforms, including online and mobile banking.

Lagos state leads tech delegation to GITEX 2024 in Dubai

GITEX, the world’s largest tech show, connects participants with industry leaders from major tech companies, governments, innovative startups, investors, and…
Sanwo-Olu, Grenada PM seal bilateral relations to boost Lagos economy

Sanwo-Olu, Grenada PM seal bilateral relations to boost Lagos economy

Lagos State Governor, Babajide Sanwo-Olu, has affirmed the state’s commitment to building stronger bilateral relations with Grenada and other nations,…
Minister of Agriculture, Sen. Aliyu Abdullahi

Our plan to address food inflation – Agric Minister

"We are striving for higher productivity, and if we don’t know where problems are, how do we improve upon them?…
Obasanjo

Obasanjo lands in China, holds talks with Xi Jinping: Major discussions unveiled

Obasanjo also acknowledged China's success in lifting over 800 million people out of poverty in 40 years, describing it as…

Ken Sharpe, Akintayo Adaralegbe, others among 10 Most Innovative Real Estate Investors in Africa

Africa’s real estate sector has become a beacon of economic transformation, with visionary investors reshaping urban landscapes, pioneering smart housing…
NERC slams fines of N628, 031,583.94 on DISCOs for non-compliance with its capping of estimated bills for unmetered customers directive

DisCos rake in N431.16bn revenue in 3 months

The report said that the N431.16 billion collected was out of the N543.64 billion that was billed customers, adding that…
Here, we explore some of the top African indices worth considering this year.

Best African Indices to Invest in 2024

As African governments invest in infrastructure and economic reforms, stock exchanges in countries like Nigeria, South Africa, and Kenya present…
Fuel

NACCIMA: Hike in petrol price will exacerbate inflation, severely impact businesses

The NACCIMA President noted that the prices, which had reached N998 and N1,030 per litre respectively, were placing a strain…
Petrol

Independent Marketers adjust petrol prices to N1,200 per litre, citing Dangote Refinery supply

This deregulation has allowed the Nigerian National Petroleum Company (NNPC) to end its exclusive purchase agreement with the Dangote Refinery,…
5 Signs You Need  to Switch Your Trading Platform

5 Signs You Need  to Switch Your Trading Platform

To sum up, you must be able to recognize the signals that point to the necessity of switching trading platforms.…
NAJA backs FG, holds capacity building training workshop on CNG

NAJA backs FG, holds capacity building training workshop on CNG

He assured that NAJA as the fourth estate of the realm would continue to play its roles of information, education…
UNILAG

Career experts to hold modern skills development lecture at Unilag

"The 21st CSR shall provide participants access to an uncommon assemblage of key relevant sector stakeholders, keen to resolve the…
Heineken Lokpobiri

Lokpobiri: I didn’t ask NNPCL to stop running refineries

The Minister described the claim made by Engr. Kamoru Busari, Director of Upstream in the Ministry of Petroleum Resources, at…
Stronger reserves and sweeping FX reforms are giving CBN room to stabilise the naira, protect investment flows and domestic production

Naira gains N73.39, trades at N1,561.76 to dollar

This development, reported by the FMDQ Exchange, reflects a 4.48% gain compared to Monday’s trading rate of N1,635.15 per dollar.

FG sets up task force to fast-track PPPs in aviation sector

The minister commended the director-general for being proactive and assured the ICRC of his unfettered collaboration to drive PPP infrastructure…

Stanbic IBTC Bank, FinDev Canada partner to increase sustainable finance 

Nigeria’s economy heavily relies on micro, small and medium enterprises
NCC says it will impose appropriate sanction on internet service provider, Starlink, for increasing its subscription packages without approval.

NCC to sanction Starlink over unilateral tariff increase

Starlink had last week announced the increase in the monthly subscription for its internet service in Nigeria from N38,000 to…
Customs strike again! N1.1 billion worth of deadly drugs seized at Apapa Port

Apapa Customs hits record N1.6 trillion revenue in three months

Olomu highlighted the impressive monthly collections of N201.8 billion in July and N193.9 billion in September, expressing confidence that such…
FAAC

Historic move: Nigeria begins sales of Crude Oil in Naira

Effective from October 1, 2024, the Federal Executive Council (FEC) directive to trade crude oil and petroleum products in Naira…
CBN

CBN sells $543m to banks to check market volatility

According to the CBN, the spot sales was to reduce observed market volatility driven by high demand for commodity imports…
Mining

FG to probe tax, operational disputes between Osun govt, mining company

Osun State Government, on Sept. 30, sealed the business premises of SROL, following a court order permitting it to confiscate…
Innovation: The Limitless Range of A Nigerian

Innovation: The Limitless Range of A Nigerian

Fixtops founders have the regular service and a premium package with an option to price how much it would cost.
Nigerian billionaire, Kwati, proposes $5bn investment in Sierra Leone’s Real Estate, Aviation 

Nigerian billionaire, Kwati, proposes $5bn investment in Sierra Leone’s Real Estate, Aviation 

Kwati emphasized the importance of ensuring these developments remain accessible and affordable, bringing quality urban living to a broader population.
DBN partners GAIN to empower 350 Nigerian women entrepreneurs

DBN partners GAIN to empower 350 Nigerian women entrepreneurs

The programme will offer targeted support in areas such as financial literacy, strategic marketing, business modeling, legal aspects of business,…
CBN

CBN partners MFBs to promote financial inclusion

Mr Sah Nyashi, CBN Controller, Yola Branch, said this on Saturday at the inauguration of Dabtikir Microfinance Bank Limited in…
farming

10 reasons plantain farming is highly profitable

Plantain has a long lifespan. It can last for 25 years or more. For a single one planted, about six…
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