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Business

Deployment of AI must ensure fairness, transparency in dealing with consumers - LASG

Deployment of AI must ensure fairness, transparency in dealing with consumers – LASG

Kazeem Ugbodaga

2 years ago

Ambrose-Medebem added that the current administration had been proactive in implementing policies that not only encouraged the development of AI…
DMO dismisses report of appointment of Chapel Hill Denham as one of the Transaction Advisers for a potential one billion dollars Eurobond.

DMO speaks on Chapel Hill Denham, Nigeria’s $1bn Eurobond deal

Ayorinde Oluokun

2 years ago

While dismissing the report, the Director-General of the DMO, Patience Oniha said the appointment of Transaction Advisers for the issuance…
MainOne declares Force Majeure, says it was working to repair cuts in its cable system that has led to internet outages in Nigeria, others

Mainone: What we are doing to restore full internet services to Nigeria, others

Ayorinde Oluokun

2 years ago

“We are actively restoring services to the extent possible and mobilising a vessel for repairs and will update once there…
Nigeria's inflation zooms to 31.70% in February

Nigeria’s inflation zooms to 31.70% in February

Kazeem Ugbodaga

2 years ago

According to NBS, "In February 2024, the headline inflation rate increased to 31.70% relative to the January 2024 headline inflation…
AMCON, refuses to obey Supreme Court order halting it from taking possession of Best Western Hotel, a four star hotel at Allen Avenue, Lagos

AMCON refuses to obey Supreme Court judgment on Best Western Hotel, Lagos

Ayorinde Oluokun

2 years ago

Suru Worldwide Ventures Limited , owners of Best Western Hotel, had served on AMCON notice of its claim for compensation…
Olam Agri visits Shettima

Olam Agri’s delegation visits Shettima

Kazeem Ugbodaga

2 years ago

Olam Agri reiterated its intent to continue to collaborate and cooperate with the Federal Government of Nigeria to ensure food…
Crypto

The Cryptocurrency Revolution: US Universities Aligning with the Bitcoin Phenomenon

Ademola Adegbamigbe

2 years ago

Universities such as Stanford and Cornell stand at the forefront of this innovative curve, placing a strong emphasis on cryptocurrency…
GTCO

GTCO gears up to raise N525bn through public offer

Kazeem Ugbodaga

2 years ago

GTCO Plc recently unveiled its unaudited consolidated and separate financial statements for the period ended Sept. 30, 2023.
Stock Market

Stock market gains further, up 0.7%

Kazeem Ugbodaga

2 years ago

Specifically, the market capitalisation which opened at N57.293 trillion, gained N404 billion or 0.7 per cent to close at N57.697…
God didn't create Nigeria to struggle, we've squandered His gift – Obasanjo

Obasanjo leads investors to Angola

Ayorinde Oluokun

2 years ago

By Adejoke Adeleye/Abeokuta Former Nigerian President, Olusegun Obasanjo has met with the President of Angola Joao Lourenco on a trade…
VN88 Rezence wireless charging stations

Why are more public spaces integrating VN88 Rezence wireless charging stations?

Ayorinde Oluokun

2 years ago

VN88 Rezence wireless charging stations allow people to recharge devices as needed to use services like maps, event tickets, ride…
Address the nation to calm frayed nerves, CAPPA Tells Tinubu

Tinubu actively seeking ways to grow foreign reserves, stabilise naira – Aide

Ayorinde Oluokun

2 years ago

She further explained that Tinubu had also introduced fiscal incentives to deepen Compressed Natural Gas (CNG) and Liquefied Petroleum Gas…

We ‘ll work with Lagos govt to fast track documentation for developers, homeowners – Tony Aspire

Taiwo Okanlawon

2 years ago

Aspires initiative to expedite the property documentation process is a testament to his commitment to transparent governance and support for…
Agriculture minister Abubakar Kyari, says Nigeria has far lost more than N1.3bn to outbreak of Tuta absoluta also known as “Tomato Ebola”

Tinubu inaugurates mega tomato processing plant in Kebbi

Ayorinde Oluokun

2 years ago

Tinubu commended GB Foods Tomato Processing Company for its huge investment in the country.
Nigerian Govt orders illegal miners to vacate all mining sites in Zamfara over outbreak of lead poisoning in Bungudu LGA of the state

Dele Alake advocates women’s inclusion in mining

Oluwapelumi Oluwayemi

2 years ago

He charged the African continent to be resolute in its resolve to make value addition the strategy for wealth retention,…
Leading food seasoning manufacturer, NASCON Allied Industries, a member of Dangote Group, records PAT of N13. 73 for year ended December 2023.

NASCON declares dividend, bonus as profit grows by 151%   

Ademola Adegbamigbe

2 years ago

Leading food seasoning manufacturer, NASCON Allied Industries which is one of the companies under the Dangote Group, has gained more…
Lagos seals partnership with Niger for Agric. Commodities supplies

Lagos seals partnership with Niger for Agric. Commodities supplies

Kazeem Ugbodaga

2 years ago

The agreement tagged “Produce for Lagos Initiative” is part of the efforts of the two parties to key into the…

Unclaimed dividends: Reps query operators of capital market

Isa Isawade

2 years ago

“We want to ensure a healthy business environment in Nigeria where investors are safe and can conduct their business with…
Defence Minister Muhammad Badaru says no fewer than seven top leaders of the insurgency have been killed by troops in the past two months.

Seven top insurgency commanders killed in 2 months – Badaru

Ayorinde Oluokun

2 years ago

Badaru spoke to journalists after addressing members of Senior Course 46 of the Armed Forces Command and Staff College (AFCSC),…
The Nigerian Exchange Ltd. (NGX) rebounded on Tuesday, breaking a two-day bearish run with a market gain of N19 billion.

Stock market gains N193trn on enhanced buying interest

Ayorinde Oluokun

2 years ago

Transcorp Power, a subsidiary of Transnational Corporation Plc on Monday listed 7.5 billion ordinary shares of 50 each at N240…
The Economic and Financial Crimes Commission (EFCC) will, on Thursday, arraign Tigran Gambaryan and Nadeem Anjarwalla, two top officials of Binance Holdings Ltd on five counts of money laundering charge.

Binance calls it quit with Nigerian Naira amid crackdown

Ayorinde Oluokun

2 years ago

The Nigerian government has also imposed $10 billion fine on Binance over alleged involvement in manipulation of the Naira.
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…
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