Business Archives - Page 61 of 482

Business

88.4m Nigerians living in extreme poverty – Permanent Secretary

Isa Isawade

2 years ago

"Overall, 12.9 per cent of the global population in extreme poverty was found in Nigeria as of 2022."

Nigeria economically far better now than where it was on 29 May, 2023 – Edun

Kazeem Ugbodaga

2 years ago

The minister stated that the country at that time had expenditure that was wasteful and unsustainable, saying that in turning…

FCMB Launches Accelerator Programme to Empower One Million SMEs

Ademola Adegbamigbe

2 years ago

First City Monument Bank (FCMB) has launched an accelerator programme to upskill and grow over one million small and medium-sized enterprises…

Nigerian poultry farmers lament loss of N3trn investments

Ayorinde Oluokun

2 years ago

A former Chairman of PAN, Lagos State chapter, Mr Lanre Bello, noted that the closure of such poultry farms had…

Dangote a blessing to Senegal, Africa, says President Sall

Ayorinde Oluokun

2 years ago

In his acceptance remarks, Dangote urged African investors to scale up their investments in the continent, reiterating that “only Africans…

More Nigerian products to go Chinese markets

Isa Isawade

2 years ago

“It is my hope that this event will foster greater understanding and appreciation between our two nations and that will…

We have no plan to convert $30bn in domiciliary account holdings to Naira – CBN

Kazeem Ugbodaga

2 years ago

But the CBN, in a statement issued on Saturday by Sidi Ali, Hakama Ag. Director, Corporate Communications, said the attention…

FG breaks silence on report it plans to convert dollars in domiciliary accounts to Naira

Kazeem Ugbodaga

2 years ago

According to the minister, the publication of such falsehood at a time when the government is working to restore economic…

Investors on stock market gain N899bn

Kazeem Ugbodaga

2 years ago

On the gainers’ table, Sterling Nigeria, Neimeth International Pharmacy (NEIMETH) and Transcorp led in percentage terms of 10 each to…

China Airport Construction hosts Sanwo-Olu, promises partnership with Lagos

Kazeem Ugbodaga

2 years ago

Speaking during a meeting with the management of the China Airport Construction Company (CACC), Sanwo-Olu said Lagos is desirous of…

CBN relaxes restrictions on fx rates quoted by IMTOs

Ayorinde Oluokun

2 years ago

The CBN had earlier directed Deposit Money Banks (DMBs) to sell their excess dollar stock in a bid to stabilise…

CBN orders banks to sell all excess dollars in their domains today

Kazeem Ugbodaga

2 years ago

The circular said the CBN had noted with concern the growth in foreign currency exposures of banks through their Net…

Otedola becomes board chairman First Bank Holdings

Taiwo Okanlawon

2 years ago

Femi Otedola became the major shareholder of FBN Holdings (FBNH), the owners of First Bank Nigeria, after acquiring a 5.07…

LIRS extends deadline for filing of annual Tax Returns

Kazeem Ugbodaga

2 years ago

Subair urged employers of labour to take full advantage of the extension to perform their civic obligation to avoid penalties…

2024 Budget: Lagos to invest N550.689bn on infrastructure

Kazeem Ugbodaga

2 years ago

The Commissioner said the Budget would also address development of affordable housing schemes and urban renewal projects in addressing the…

PayPal to sack about 2,500 workers globally

Taiwo Okanlawon

2 years ago

The payments firm announced it was launching new artificial intelligence-driven products as well as a one-click checkout feature.

AEDC appoints new management team

Ayorinde Oluokun

2 years ago

AEDC began operations and business of power distribution in November 2013 as one of 11 Electricity Distribution Companies (DisCos) granted…

CapitalMetriQ Swift Bank: Your Banking Sanctuary in a Chaotic World

Taiwo Okanlawon

2 years ago

CapitalMetriQ Swift Microfinance Bank's commitment to customer-centric banking is evident in its range of services. With free ATM cards, a…

CBN: Backlog of foreign exchange owed foreign airlines cleared

Ayorinde Oluokun

2 years ago

CBN said this on Tuesday while announcing payment of an additional 64.44 million dollars to the foreign airlines

How the Naira can bounce back – Reno Omokri

Kazeem Ugbodaga

2 years ago

"Gone are the days when the government artificially set the Naira's value. And all major Presidential candidates said they would…

Mining Sector: FG, RMAFC to deepen collaboration on revenue leakages

Kazeem Ugbodaga

2 years ago

Bello in his remarks stated that the commission's visit was hinged on pledging support for efforts of the Minister to…

Farmers, consumers, commend LASG, as fresh food fair kicks off

Kazeem Ugbodaga

2 years ago

Speaking during the fresh food fair, the General Manager of Lagos State Coconut Development Authority, Mr. Dapo Olakulehin, said the…

Glo subscribers in Lagos, Abuja, Warri get biz class return tickets to Europe

Kazeem Ugbodaga

2 years ago

To qualify, these subscribers had recharged a minimum N50,000 over the last 30 days of the promo and were consequently…

How I overcome challenges in automobile sales – Esheza Autos boss

Taiwo Okanlawon

2 years ago

From gender biases to industry complexities, the road to success has been fraught with obstacles. As a woman in a…

Sanusi counters Northern agitation: ‘Relocating CBN departments to Lagos in order’

Kazeem Ugbodaga

2 years ago

According to Sanusi, northern politicians would shout that "this is moving from Abuja to Lagos. Abuja is a federal capital,…

Interswitch begins sale of 2024 JAMB ePINS on Quickteller

Kazeem Ugbodaga

2 years ago

With this development, parents and guardians of prospective candidates aiming to register for the 2024 UTME can now obtain their…

Abiodun lauds Lafarge for significant contributions to socio-economic development

Kazeem Ugbodaga

2 years ago

The governor also commended Lafarge for its impact on industrial activities, providing valuable employment opportunities for residents and fostering skills…

Lekki Deep Seaport berths largest container vessel on Nigerian waters

Kazeem Ugbodaga

2 years ago

The vessel measuring 367M in length over all christened "Maersk Edirne" has a Breadth of 48.2 and carried a Gross…

In eight months of Tinubu administration, Nigeria’s stock market leads the world

Kazeem Ugbodaga

2 years ago

To address the low forex inflow, Nigeria is discussing as much as $1.5 billion of World Bank funding support for…

CBN announces first MPC meeting under Cardoso

Ayorinde Oluokun

2 years ago

By Kadiri Abdulrahman The Central Bank of Nigeria (CBN) has scheduled the first Monetary Policy Committee (MPC) meeting, under the…

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