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Business

BUA Group dismisses report that the refinery and petrochemical plant it is constructing in Akwa Ibom State is at 90 per cent completion stage.

“Construction progressing steadily,” BUA Group gives update on Akwa Ibom Refinery

Ayorinde Oluokun

1 year ago

Whilst the refinery is not at 90% completion, we are however on track to meet our delivery timelines in collaboration…
onions

Why onion’s price went up – farmers

Isa Isawade

1 year ago

“That even when we harvest enough during the season because we lack improved technology of onion storage, we are being…
Investors lose N1.14trn as NGX reacts to MPC decision

NGX soars to N248bn gain as Market momentum shatters expectations

Kazeem Ugbodaga

1 year ago

Conversely, Total Nigeria led the losers' table with a 9.74 per cent drop, closing at N630. Computer Warehouse Group followed…
NNPC Ltd. says the second Port Harcourt Refinery and Kaduna Refinery are undergoing a comprehensive overhaul to meet world-class standards.

We’re overhauling Kaduna, 2nd PH refineries to world-class standard – NNPC

Ayorinde Oluokun

1 year ago

The company said the rehabilitation done at the 60,000 bpd Port Harcourt Refinery and Warri Refinery was not the typical…
Investors gain N3.2trn as stock market rebounds

Stock market opens 2025 with N155bn gain

Ayorinde Oluokun

1 year ago

By Rukayat Adeyemi The stock market started year 2025 on a strong note, delivering an impressive N155 billion profit to…

NGX reviews market indices amid entries, exits of companies

Ayorinde Oluokun

1 year ago

NGX, in a report, listed the affected indices as, NGX 30; NGX Lotus Islamic; NGX Pension; NGX Pension Broad Index;…
Investors gain N3.2trn as stock market rebounds

2024: Stock market thrives amid banking reforms, new listings

Ayorinde Oluokun

1 year ago

According to the Nigerian Exchange Ltd. (NGX), the All-Share Index delivered a stellar return of 283.45 per cent since 2020,…
NCC

NATCOMS rejects alleged hike in telecom tariff, urges NCC to nullify it

Ayorinde Oluokun

1 year ago

NCC, when contacted for its reaction, said all issues around the tariff hike should be ignored. The Commission also said…
KEDCO says it lost about 6,000 transformers to vandals in Jigawa, Kano, and Katsina states during the recent four-day nationwide blackout

Jigawa consolidates shareholding in Kano Disco with N1bn

Ayorinde Oluokun

1 year ago

Musa said the gesture was in fulfilment of the Memorandum of Understanding (MoU) signed between Jigawa state government and the…
Abiodun

Abiodun Signs N1.054tn 2025 Appropriation Bill into Law

Kazeem Ugbodaga

1 year ago

He also highlighted plans to enhance basic infrastructure, including more Memoranda of Understanding (MoUs) with corporate partners in key sectors…
UBA

Plan ahead! UBA, Ecobank drop important information that will affect customers

Kazeem Ugbodaga

1 year ago

In a message to its customers, UBA announced: “As we prepare for the New Year celebrations, our branches will close…
FCMB Group Plc announces successful completion of public offer following the approvals of the CBN and the SEC

FCMB Group completes public offer, raises ₦147.5bn with 33% oversubscription 

Ayorinde Oluokun

1 year ago

Regulatory approvals have also been received to downstream the net proceeds of the public offer from the holding company to…
NNPCL

Warri Refinery now up and running

Paul Dada

1 year ago

“I must put on record the development was as a result of the charge by Mr President that we must…
ALTON warns that telecoms operators could not continue to guarantee service availability if nothing was done to increase the existing tariff.

We can’t continue to guarantee service availability without tariff review – Telecom operators

Ayorinde Oluokun

1 year ago

ALTON, in the statement said the Nigerian telecommunications industry was facing a critical challenge that required urgent attention and members…
NCC

Debt: NCC grants MTN approval to disconnect Exchange Telecommunications

Ayorinde Oluokun

1 year ago

NCC said the disconnection of the Exchange Telecommunications to MTN was in accordance with Section 100 of the Nigerian Communications…
GTBank

GTBank drops important information that may affect customers

Kazeem Ugbodaga

1 year ago

GTBank reassured customers that its digital channels would provide seamless alternatives to branch services, ensuring that banking activities continue smoothly…
Lagos

Abstraction fees: MAN cries out to Sanwo-Olu over sealing water factories in Lagos

Ayorinde Oluokun

1 year ago

Ajayi-Kadir urged the governor to use his good office to order the immediate reopening of some closed water factories to…
NNPC Ltd unveils Production Monitoring Command Centre (PMCC), a unified platform for monitoring production of oil to export terminals

NNPCL unveils production monitoring centre

Ayorinde Oluokun

1 year ago

The Chief Corporate Communications Officer, NNPC Ltd., Olufemi Soneye, in a statement on Wednesday described the PMCC as a transformative…
Faleti

Access Bank leads the pack, smashes CBN’s N500bn Capital target before deadline

Kazeem Ugbodaga

1 year ago

This milestone positions Access Bank Plc, the Company’s flagship subsidiary, as the first Nigerian bank to meet the CBN's N500…
Ogun Assembly seeks indigenous participation in divestment of Lafarge Cement Plc to safeguard the state's economic, environmental interests

Ogun Assembly approves ₦1.054 trillion budget, adjusts key agency allocations

Kazeem Ugbodaga

1 year ago

Several agencies saw adjustments to their budgetary proposals. The Ministry of Budget and Planning’s estimate rose from N1.475 billion to…
Commission

Edo Assembly approves revised N675bn 2025 Budget for Governor’s assent

Kazeem Ugbodaga

1 year ago

During the committee’s consideration of the budget, members reviewed it clause by clause and approved the increase from the original…
FCMB Group Plc gets shareholders' approval for N340 billion capital raise to comply with CBN's international license requirements.

FCMB Group Shareholders Approve N340 Billion Capital Raise

Ayorinde Oluokun

1 year ago

FCMB Group reported a 67% growth in nine-month profit before tax to 91.8 billion naira. An earlier capital raise in…

Kéo: Leading the charge for young entrepreneurs in digital age

Michael Adesina

1 year ago

Kéo had already reached millionaire status, an accomplishment that reflects his ability to identify opportunities and execute his plans with…
Mining

Zamfara’s Gold rush returns, as FG lifts 5-year mining ban

Kazeem Ugbodaga

1 year ago

Announcing the development at a weekend press briefing, the Minister of Solid Minerals Development, Dr Dele Alake, highlighted the economic…
Breet

Breet announces partnership with Afrobeat star Balloranking as Brand Ambassador

Kazeem Ugbodaga

1 year ago

This collaboration aims to integrate the dynamic worlds of music and fintech, leveraging their shared connection to a youthful, vibrant…
Siatech Africa

Siatech Africa breaks ground with Liberia’s model Solar City project

Isa Isawade

1 year ago

We’re not just deploying solar panels; we’re integrating intelligent systems that optimize power usage, monitor grid performance in real time,…

‘Totally false,’ NNPC Ltd dismisses report alleging shutdown of Port Harcourt Refinery

Ayorinde Oluokun

1 year ago

Olufemi Soneye, Chief Corporate Communications Officer of NNPC Ltd in a statement on Saturday said contrary to the claims contained…
ABCON hails suspension of sales of interbank foreign exchange to its members nationwide by the CBN, lists benefits .

ABCON hails CBN’s sale of interbank FX to eligible BDCs

Ayorinde Oluokun

1 year ago

“To our members, it will revitalise our operations, making us functional and profitable, the President of ABCON, Dr Aminu Gwadabe…
Omotola

N4.06 trillion allocated for infrastructure in 2025 budget too low – Omotola

Kazeem Ugbodaga

1 year ago

President Bola Tinubu had, on Wednesday, presented a N49.7 trillion budget to the National Assembly for approval for the 2025…
Whether you’re new or a seasoned pro, this guide will help you navigate the exciting landscape of Forex and crypto trading in 2025.

Mastering the Markets: Forex and Crypto Trading Strategies to Watch in 2025

Ayorinde Oluokun

1 year ago

If 2023 was all about decentralized finance, 2025 is shaping up to be the year of AI-driven crypto trading. Artificial…
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