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Business

The U.S. has announced Air Transport Agreement which establishes a modern civil aviation relationship between it and Nigeria .

U.S., Nigeria unveil open skies air transport agreement

Ayorinde Oluokun

2 years ago

The bilateral agreement establishes a modern civil aviation relationship between the two countries. The mission said that the agreement was…
Emirates announces it will resume flight services to Nigeria from 1 October 2024 with a daily service between Lagos and Dubai.

Emirates announces resumption of flights to Nigeria

Ayorinde Oluokun

2 years ago

Emirates Airlines confirmed the the resumption of flight operations to Nigeria from 1, October 2024 in a statement on its…
Naira

Dollar crashes against Naira at official market

Kazeem Ugbodaga

2 years ago

This represents a 4.04 per cent gain when compared to the previous trading date on Tuesday, when the local currency…
Senate

Tinubu seeks Senate’s confirmation of 4 board members of SEC

Isa Isawade

2 years ago

The Senate President, thereafter, referred the request to the Senate Committee on Capital Markets to report back to the Senate…
Gen Zs and Millennials Shouldn’t Think Retirement Is Too Far Off

Gen Zs and Millennials Shouldn’t Think Retirement Is Too Far Off

Ademola Adegbamigbe

2 years ago

  Steak and grills every weekend, a trip to that music festival you always wanted, maybe even owning a place…
Macro appoints Aig-Imoukhuede President of France Nigeria Business Council

Macron appoints Aig-Imoukhuede President of France Nigeria Business Council

Isa Isawade

2 years ago

It said that Aig-Imoukhuede’s appointment followed the passing of Herbert Wigwe, the council’s former President, in February.
The new Mercedes-Benz GLS

Weststar presents the new Mercedes GLS

Isa Isawade

2 years ago

The Mercedes-Benz GLS still comes standard as a seven-seater. However, two new leather colours are available, Catalana beige and Bahia…
German chemical giant Bayer reports $2.16bn profit drop in first quarter

German chemical giant Bayer reports $2.16bn profit drop in first quarter

Kazeem Ugbodaga

2 years ago

Group's sales were 13.77 billion euros in the first quarter of 2024, showing a decline of 0.6per cent on a…
FCMB, US Government partner to strengthen Nigeria’s private health sector

FCMB, US Government partner to strengthen Nigeria’s private health sector

Ademola Adegbamigbe

2 years ago

At a ceremony held at the First City Monument Bank (FCMB) Headquarters in Lagos, Nigeria, the U.S. Agency for International Development (USAID)…
NNPC Ltd. raises alarm about what it described as emerging coordinated sabotage campaign being waged by a syndicate against the organisation

NNPC E&P Ltd, NOSL hit first oil in OML 13, Akwa Ibom

Ayorinde Oluokun

2 years ago

The NNPC E&P Ltd. is NNPC Ltd’s flagship upstream subsidiary, while NOSL is a subsidiary of Sterling Oil Exploration &…

Jos DisCo to restore power supply to Bauchi, Gombe soon

Paul Dada

2 years ago

JED’s Managing Director, Abdu Bello-Mohammed said this during an inspection visit to the ongoing reconstruction of vandalised 330kV power line…
Interswitch

Interswitch announces Career Fair 3.0 

Kazeem Ugbodaga

2 years ago

Speaking on the forthcoming event, Franklin Ali, Chief Human Resource Officer at Interswitch Nigeria, said,  “We are excited to announce…
Tinubu meets Chinese investors who built 4,000 metric tonnes a day Lithium processing plant 

Tinubu meets Chinese investors who built 4,000 metric tonnes a day Lithium processing plant 

Kazeem Ugbodaga

2 years ago

Avatar, a Chinese firm, built the lithium processing plant which produces about 4,000 metric tonnes daily while Canmax Technologies, a…
Remy Nurdin: Rising Above Criticism Through Unmatched Success

Remy Nurdin: Rising Above Criticism Through Unmatched Success

Taiwo Okanlawon

2 years ago

Remy Nurdin is determined to continue making a lasting impact, inspiring future generations of entrepreneurs to embrace their potential.
Mr Ebenezer Olufowose, emerges new Chairman of the Board of Directors of the First Bank of Nigeria after the exit of Mr Tunde Hassan-Odukale

Olufowose replaces Hassan-Odukale as chairman of First Bank

Ayorinde Oluokun

2 years ago

Olufowose is the Group Managing Director of First Ally Capital Ltd., an investment banking firm based in Lagos. With over…
President Bola Tinubu appoints Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), Co-Chairman of the NCDMB Governing Council.

Tinubu appoints Ekpo as NCDMB co-chair

Ayorinde Oluokun

2 years ago

The NCDMB, Nigerian Content Development and Monitoring Board (NCDMB), is charged with increasing local content for more job creation, boosting…
Enlumi launches Next-Gen business management platform 'Lumi Business' to help businesses streamline key operations

Enlumi launches Next-Gen business management platform ‘Lumi Business’ to help businesses streamline key operations

Kazeem Ugbodaga

2 years ago

Lumi Business is tailored to tackle the inventory requirements of businesses, irrespective of their size, stock quantity, or staff strength.…

Zenith Bank’s landmark N125.59bn dividend payout excites shareholders

Paul Dada

2 years ago

In spite of challenging macroeconomic conditions coupled with economic headwinds, Zenith Bank Group achieved a remarkable triple-digit growth of 125%…
Daniel Oyekan

Daniel Oyekan’s BlockFinex offers leading crypto and fiat exchange platform

Taiwo Okanlawon

2 years ago

As Blockfinex continues to grow and evolve, it is clear that Daniel's vision for a user-friendly, secure crypto and fiat…
Western Digital launches SanDisk Desk Drive

Western Digital launches SanDisk Desk Drive

Kazeem Ugbodaga

2 years ago

Susan Park, Vice President of Consumer Solutions at Western Digital, discussed the expansion, stating, “As the volume of digital content…
FG paid Lagos N3.9bn as derivation for being oil producing state - LASG

FG paid Lagos N3.9bn as derivation for being oil producing state – LASG

Kazeem Ugbodaga

2 years ago

Lagos, which joined the league of oil-producing states in the country in 2016, said it received a total of N3.911bn…
CBN

CBN extends processing fees on cash deposits to Sept. 30

Isa Isawade

2 years ago

The cybersecurity levy will now be added to the already existing bank charges like transfer fees, stamp duty, charges on…
Oil company, Shell says it exclusively paid $1.09 billion in corporate taxes and royalties to the Nigerian Government in 2023.

Shell Nigeria paid $1.09bn on taxes, royalties in 2023- Official

Ayorinde Oluokun

2 years ago

Essien-Nelson said that the figures, announced in the just published 2023 Shell briefing notes, showed that SPDC paid 442 million…
Centre for the Promotion of Private Enterprise (CPPE) warns that continued rate hikes by MPC of the CBN could further stifle economic growth.

Why implementation of cybersecurity levy should be halted immediately – CPPE

Ayorinde Oluokun

2 years ago

The CBN had in a circular on Monday directed commercial banks and other financial institutions to start charging a 0.5…
Stronger reserves and sweeping FX reforms are giving CBN room to stabilise the naira, protect investment flows and domestic production

Naira crashes against dollar at official market

Ayorinde Oluokun

2 years ago

Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market…
CBN

CBN lists transactions exempted from 0.5% cybersecurity levy

Paul Dada

2 years ago

A circular from the apex bank on Monday, May 6 had stated the levy would commence in two weeks' time.
Naira

Good news as Dollar slumps against Naira at Official Market

Kazeem Ugbodaga

2 years ago

Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market…
Lagos-Calabar Coastal Road

Lagos-Calabar Coastal Road: Leave the talk, let’s face the business

Ayorinde Oluokun

2 years ago

Lagos-Calabar coastal project is a very important project with unparalleled economic value. This is a road that connects Nigeria's biggest…
FCMB Group

FCMB Group posts N31.3bn profit in first quarter of 2024

Ademola Adegbamigbe

2 years ago

According to the bank, this impressive performance across all business segments directly results from FCMB Group's strategic initiatives, which align…
Transmission Company of Nigeria (TCN)

Unbundling of TCN will improve access to electricity – Experts

Isa Isawade

2 years ago

“The separation of responsibilities between entities allows for a concentrated focus, with transmission services management predominantly revolving around technological aspects,…
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