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Nigeria's inflation hits 27.33% in October, as prices of foodstuffs, goods climb up

Nigeria’s inflation hits 27.33% in October, as prices of foodstuffs, goods climb up

According to report released by the National Bureau of Statistics (NBS) on Wednesday, the headline inflation rate in October 2023,…
Irrigated farming

Why governors need to provide land for irrigated farming – Minister

The minister told the governor that as part of its target, UNRBDA would supervise the rehabilitation of Bedeggi irrigation scheme,…
Private companies and government raised N3.44 trillion through Corporate Bonds and Commercial Paper issuance in two years, says AIHN

N3.44tr raised through bonds, commercial papers in 2 years, says AIHN

Notably, 333 deals valued at about N3.44 trillion have been recorded over the last two years in the local debt…
CBN

CBN extends use of old Naira notes indefinitely 

"Without prejudice, the Central Bank of Nigeria wishes to inform the general public of its desire to extend the legal…
Onyeachonam Goodluck Chikwesiri recognized Amongst Forbes 30 Under 30 in Africa 2023

Onyeachonam Goodluck Chikwesiri recognized Amongst Forbes 30 Under 30 in Africa 2023

Onyeachonam Goodluck Chikwesiri, a successful real estate entrepreneur, philanthropist, and forex trader, has been named on the Forbes Africa 30…
Nigerian govt to review IHS Towers, MTN Group $6.2bn acquisition deal

AfDB ready to disburse $618m to Nigeria for digital and creative enterprises

Nigeria inaugurated a 618 million-dollar technology fund for young investors under the iDICE programme on March 14.
Dangote

Youth unemployment eradication, our priority – Dangote

Dangote Group's Executive Director, Commercial Operations, Hajia Fatima Aliko-Dangote, has reiterated the company’s determination to eradicate the high youth unemployment…
Dangote

LCCI praises Dangote for creating jobs, reducing poverty

He said the decision of the company to venture into oil and gas would permanently put an end to the…
CBN says old naira notes remain legal tender

Old Naira notes remain legal tender – CBN

The bank said there had also been reports of anxiety among some members of the public over the legality or…
NDDC says it will work with IOCs, others to increase investments in renewable energy and reduce impact of climate change in Niger Delta region

NDDC, TotalEnergies to collaborate on renewable energy

The NDDC Chief Executive Officer said that the Commission had gone into a mutually beneficial relationship with the Oil Producers…
Ogun governor Dapo Abiodun explains why owner states of the Oodua Group have decided against interfering in the running of the conglomerate

Why governors stopped political interference in Oodua Group – Abiodun

Commending the sense of creativity, direction and purpose of the new management team of Oodua Group, Abiodun noted that he…
FCTA inaugurates committee to implement Capital Gain Tax (CGT) in the territory as recently approved by the Minister Nyesom Wike.

FCT begins implementation of Capital Gain Tax, inaugurates committee

The acting Executive Chairman, of FCT-IRS, Mr Haruna Abdullahi, said that the Capital Gain Tax, CGT, was part of taxes…
CBN

Cardoso: My team determined to change narrative about CBN

Cardoso said at the end of his tenure as CBN governor, he wants to look back and see that the…
MultiChoice

Is MultiChoice’s latest price review avoidable?

There is no bigger victim of the cost-of-living crisis between the business and the consumer. MultiChoice, StarTimes and every other…
Naira

‘Why Naira regained strength at Foreign Exchange market’

Gwadabe urged the management of CBN to continue to make clarifications and implement some of the association’s recommendations in charting…
Dangote

Forex: Dangote repatriates $687.9m from pan-African operations to Nigeria

Management of Dangote Industries Limited (DIL), today, revealed that the company had so far repatriated over USD576,008,672.41 through various banks…
Seven Up introduces new brands: Hydr8 100, D’Vybe

Seven Up introduces new brands: Hydr8 100, D’Vybe

The exclusive launch which took place during a 2-day "Jolibration'' launch event, held in the heart of Lagos had in…
Dangote

BUA behind allegation of illegal forex exchange deals against us – Dangote

Management of Dangote Industries Limited (DIL) has refuted allegations that it engaged in illegal foreign exchange deals, warning those peddling…
Ogun to begin construction of Sagamu-Papalanyo-Ilaro under PPP

Abiodun calls for collaboration with UNDP on Energy Transition, ICT, Housing, others

Speaking while receiving the UNDP Country Representative in Nigeria, Mohamed Yahya, in his Abuja office, Abiodun disclosed that those sectors…
Lagos inaugurates International Financial Centre Council

Lagos inaugurates International Financial Centre Council

Addressing the press at the Lagos House, Ikeja, Sanwo-Olu, who will Chair the Council emphasised that the key objective of…
Kennedy Ekezie, CEO of Kippa

Shaping Tomorrow: The RoundTable event by Kennedy Ekezie returns for 2nd edition

Unlike traditional conferences, The RoundTable focuses on humanizing the learning journey, offering a unique platform for professionals, entrepreneurs, creatives, young…
President/CEO of Sunora Foods, Charles Eghobamien, reveals plans to invest US$100 million in oil palm value chain and other crops in Edo.

Company unveils plans to invest $100m in Edo

He explained that the investment would be targeted at five aspects of production, beginning with acquisition of 15,000 hectares of…
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 posts N505 billion Profit after Tax in third quarter of 2023

According to the bank's unaudited third quarter financial results presented to the Nigerian Exchange (NGX), the triple-digit growth in the…
Sanwo-Olu

Sanwo-Olu pledges collaboration with UN Women on procurement

The governor, who was represented at the event by the Commissioner for Finance, Yomi Oluyomi, said his administration was ready…
LIRS shuts 34 companies over tax defaults

LIRS shuts 34 companies over tax defaults

Alade reported that the tax liabilities of these companies and hotels amounted to more than N356.12 million.
Lagos Assembly urges LASG to support schoolgirl suffering teargas injury

Lagos Assembly approves re-ordering of N761.218bn from 2023 budget

The reordering was sequel to the letter sent to the House by the state Governor, Mr. Babajide Sanwo-Olu seeking authorisation…
Sanwo-Olu

Lagos seals $1.35bn investment deal with Afreximbank, Access Bank

Sanwo-Olu said the $1.35 billion investment would facilitate five major infrastructure projects in the state.
LandWey delivers another batch of new homes to customers

LandWey delivers another batch of new homes to customers

Olawale Ayilara, the Group Managing Director of LandWey, added that the company is renowned for delivering efficient, high-value services, as…
Naira fluctuations have prompted businesses to adapt, says Bunmi Adeleye of Retail Supermarkets Nig. Ltd, owners of Shoprite Nigeria.

Local production, reduced importation will strengthen Naira – Expert

“We are not producing anything, and the only thing that can help the Naira to stabilise is when we produce…
Access Bank moves to drive sustainable development in Nigeria, Africa

Access Bank moves to drive sustainable development in Nigeria, Africa

The Desk is a fall out of the development banking team which has the responsibility of managing Non-Profit organisations and…
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