Business

If you are a shareholder in GTCO, you can’t afford to miss this

Kazeem Ugbodaga

9 months ago

GTCO’s recent cross-border listing is believed to be a key driver behind the stock's momentum. On July 9, 2025, the…

Nigeria’s Inflation plummets to 22.22% in June amid rising CPI

Kazeem Ugbodaga

9 months ago

The urban inflation rate declined to 22.72% year-on-year in June 2025, significantly lower than the 36.55% recorded in June 2024.…

Nigeria’s commission asks court to dismiss Meta’s suit challenging $32.8m fine

Ayorinde Oluokun

9 months ago

The NDPC had, on Feb. 18, imposed both a remedial fee of 32,800,000 million US dollars and eight corrective orders…

Jumia appoints Temidayo Ojo as new CEO for Jumia Nigeria

Kazeem Ugbodaga

9 months ago

Jumia extends heartfelt appreciation to Sunil Natraj for his exceptional leadership during a period of profound economic and operational change.

DBN opens applications for 2025 Entrepreneurship Training programme

Kazeem Ugbodaga

9 months ago

Dr. Tony Okpanachi, DBN’s Managing Director/CEO, emphasized the programme’s role in fostering economic growth.

Enactus awards FCMB for driving Youth-led social impact across Nigeria

Kazeem Ugbodaga

9 months ago

Speaking at the event, Michael Ajayi, Country Manager of Enactus Nigeria, praised FCMB for its hands-on approach and deep alignment…

Farmers give reasons for scarcity of local rice

Isa Isawade

9 months ago

They know that if local rice exists and thrives, they will be no more importation of foreign rice or indiscriminate…

VerseOne Distribution Now processes Naira Transactions: More African Currencies to Follow

Kazeem Ugbodaga

9 months ago

Starting today, clients in Nigeria can seamlessly make payments in local currency, eliminating the barriers of currency exchange and international…

Investor confidence soars as Ecobank clears $150m Eurobond early

Kazeem Ugbodaga

9 months ago

Ecobank’s broader transformation programme appears to be yielding early results. Preliminary results for the first half of 2025 show a…

All On invests $250,000 in enee.io to boost energy access in Nigeria

Kazeem Ugbodaga

9 months ago

The company’s solutions align with All On’s mission to support scalable clean energy businesses that address Nigeria’s energy access gap.

Investor promises to deliver $2.6b petrochemical company in Ondo in 12 months

Ayorinde Oluokun

9 months ago

He assured that the company would work with both the states and the community to make sure that everyone benefitted…

Lekki Deep Seaport emerges West Africa’s maritime hub, Sees 394.8% surge in cargo handling

Paul Dada

9 months ago

With its modern infrastructure and congestion-free operations, the port is poised to become a key logistics hub in West Africa,…

Nigeria’s oil rigs climb to 46, production hits 1.7 million barrels daily

Femi Fabunmi

9 months ago

This growth reflects ongoing efforts to boost the country’s oil production capacity and attract greater investment into the sector.

Nigerian Stock Market on fire: Investors pocket ₦212 billion in one day

Kazeem Ugbodaga

9 months ago

The session ended with a strong market breadth, as 60 stocks recorded gains while 21 closed in the red. Leading…

Nigeria’s oil rig count hits 46 – NUPRC

Isa Isawade

9 months ago

According to the commission’s data, about 46 active rigs are driving the current oil production in Nigeria.

Warning! All may not be well at 1AM: Ecobank drops ominous notice

Kazeem Ugbodaga

9 months ago

The bank further noted that during this maintenance window, customers may experience intermittent service disruptions when attempting to use their…

Bramley Fundex Review UK 2025: Scam Or Legit?

Ayorinde Oluokun

9 months ago

Bramley Fundex is a crypto trading platform that’s equipped with technologies and trading tools that make it an efficient and…

How to win every day with AfroPari bonuses!

pmnews

9 months ago

There’s no need to wait for a special occasion to enjoy amazing betting bonuses. Every login can bring excitement, new…

Nigerian Stock Market surges with N193 billion boom

Kazeem Ugbodaga

9 months ago

Cadbury Nigeria Plc led the gainers’ chart with a 10% surge to close at N53.35 per share, while Ellah Lakes…

Lagos set to attract Billions as Invest Lagos 2.0 kicks off with global stakeholders

Kazeem Ugbodaga

9 months ago

Ambrose identified priority sectors for strategic investment, including infrastructure development, sustainable transportation, digital innovation, renewable energy, healthcare, creative and entertainment…

No hidden charges for NRBVN, CBN clarifies

Paul Dada

9 months ago

In a statement by Acting Director of the Corporate Communications Department, Mrs Hakama Sidi-Ali, the apex bank affirmed that no…

NGX sees 5.75% surge in transaction value, investors gain N5.9bn

Paul Dada

9 months ago

The Financial Services Industry led the activity chart with 2.74 billion shares valued at N34.54 billion traded in 42,65 transactions.

Stocks stumble: Market sheds ₦244 billion despite slim index gain

Kazeem Ugbodaga

9 months ago

The volume and value of trades also reflected a dip in market activity. A total of 923.7 million shares valued…

Dollar strikes back: Naira loses grip in stunning Friday fall

Kazeem Ugbodaga

9 months ago

These reforms, including the unification of exchange rates and increased market-driven pricing, have been pivotal in stabilizing the Naira amid…

Oyo, FCMB launch ₦1.5 billion fund to empower 1,000 Youth Agropreneurs

Kazeem Ugbodaga

10 months ago

Akande revealed that the state has so far trained 5,020 youths in various aspects of agribusiness, noting that 1,000 of…

MTN, 9mobile announce groundbreaking National Roaming agreement

Kazeem Ugbodaga

10 months ago

Banigbe acknowledged the leadership of Dr. Aminu Maida, Executive Vice Chairman and the leadership of the NCC, for enabling such…

Lagos partners Afreximbank, ImpactHER to train SMEs for Export success

Kazeem Ugbodaga

10 months ago

Ambrose highlighted that the training is designed to equip businesses with the skills to overcome export challenges such as inadequate…

Crest Africa unveils top 50 voices in African Tech 2025

Michael Adesina

10 months ago

Pan-African media and impact platform, Crest Africa, has officially unveiled its highly anticipated Top 50 Voices in African Tech 2025,…

IMF advises FG to review 2025 budget

Abimbola Aderinola

10 months ago

According to the IMF, the 2025 budget needs to be recalibrate to lower oil prices in order to get in…

Naira roars back, records major gains against Dollar

Kazeem Ugbodaga

10 months ago

The naira’s uptick coincides with high praise from the International Monetary Fund (IMF) in its 2025 Article IV Consultation report…

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