Business

Investors reeling as stock market loses N70 billion in dramatic downturn

Kazeem Ugbodaga

11 months ago

Leading the charge on the gainers’ table was RT Briscoe, which skyrocketed 10% to N2.09, while Eunisell Interlinked Plc surged…

Cultism drains Edo’s Economy: $1 billion investments lost annually, says Okpebholo

Kazeem Ugbodaga

11 months ago

Citing data from the Diaspora Commission, the Governor disclosed that although Edo tops the chart for remittances from Nigerians abroad,…

Sanwo-Olu, Minister push for swift implementation of SME-boosting policies

Kazeem Ugbodaga

11 months ago

The event, themed “Accelerating Diversification by Leveraging Industry, Trade, and Investment for Shared Prosperity,” was organised by the Federal Ministry…

Fidelity Bank CEO’s strategic share acquisition signals strong confidence in tier-one lender

Michael Adesina

11 months ago

In a decisive move underscoring unwavering confidence in Fidelity Bank Plc's resilience, Managing Director and CEO, Dr. Nneka Onyeali-Ikpe has…

CBN keeps Interest Rate unchanged at 27.50%

Kazeem Ugbodaga

11 months ago

The Liquidity Ratio (LR) remains unchanged at 30%, while the asymmetric corridor is maintained at +500/-100 basis points around the…

From Lagos to the World: How Nigerian Online Casinos Are Competing on the Global Stage

Ayorinde Oluokun

11 months ago

With infrastructure, funding, and regulation improving, Nigerian casinos are becoming more legitimate players in global markets.

CBN speaks on state of Nigerian banking sector

Paul Dada

11 months ago

She said that the apex bank would continue to monitor all financial institutions under its regulatory purview and maintain robust…

Could Nigerian banks be in danger? CBN breaks silence on explosive claims

Kazeem Ugbodaga

11 months ago

The apex bank reaffirmed its commitment to continuous oversight of financial institutions through rigorous frameworks designed to detect early warning…

FG, Lagos to Nigerians: Patronise local goods or perish economically

Kazeem Ugbodaga

11 months ago

Ambrose stressed the importance of producing and consuming locally made goods to boost economic sustainability and competitiveness.

Bauchi oil, gas academy strategic to driving human capacity devt – Lokpobiri

Ayorinde Oluokun

11 months ago

The minister, while commending Bauchi State for aligning with this national vision, said that the establishment of the academy demonstrated…

₦63.79bn frenzy as investors flood Nigerian Stock Market in wild trading Week

Kazeem Ugbodaga

11 months ago

The Services sector followed with 286.83 million shares worth ₦1.71 billion, while the Consumer Goods sector wasn’t left behind, recording…

EMELIA drops ‘Tables Turn’ featuring Kofi Jamar

Michael Adesina

11 months ago

With Tables Turn, she cements herself as an artist with something real to say, backed by the lyrical prowess and…

Non-Custodial Crypto Wallets — Secure and Independent Wallet Solutions

Ayorinde Oluokun

11 months ago

A non-custodial wallet is one that gives the user full control over their private keys. This means that no transaction…

Energy sector stronger under Tinubu – Sahara Group MD Adesina

Paul Dada

11 months ago

"We've had a very complex situation, and while the road ahead won't be easy in the short term, things will…

Nigeria’s Inflation rate plummets, hits 23.71% in April

Kazeem Ugbodaga

11 months ago

On a year-on-year basis, the inflation picture showed even greater improvement. The April 2025 figure of 23.71% was 9.99 percentage…

VFS Global acquires majority stake in Cix Citizen Experience to create centre of excellence, promote Brazilian knowhow in public service abroad

Michael Adesina

11 months ago

VFS Global, the global leader in trusted technology services, empowering secure global mobility for governments and citizens, has completed the…

Nigerian Stocks explode with N186bn gain as confidence soars

Kazeem Ugbodaga

11 months ago

Market capitalisation soared by 0.27 per cent, closing at an impressive N68.543 trillion, up from N68.357 trillion on Tuesday.

Naira storms ahead, pounds Dollar with fresh gains

Kazeem Ugbodaga

11 months ago

This follows a subtle yet significant 0.02% rise recorded earlier in the week, signalling a wave of renewed resilience in…

Economy Rebounds! Tinubu’s two years spark investors rush – Minister

Kazeem Ugbodaga

11 months ago

“Investors from Brazil, Belarus, and Saudi Arabia are increasingly entering our agricultural space. The world economic community and multilateral institutions…

Reckitt Nigeria revitalizes Dettol Original Soap with 12-hour protective shield

Michael Adesina

11 months ago

Dettol reinforces its commitment to promoting effective hygiene practices and empowering individuals to lead healthier lives, with protection that serves…

CBN unveils BVN platform for diaspora Nigerians

Ayorinde Oluokun

11 months ago

The initiative, tagged Non-Resident Bank Verification Number (NRBVN) platform was described as a milestone in Nigeria’s financial inclusion journey and…

Lagos draws over one trillion Naira in investment, promises 50,000 jobs

Kazeem Ugbodaga

11 months ago

She continued, “Our priority is to keep enhancing the business environment, making Lagos more conducive for investors and businesses. We…

0% Fees on All P2P Trades: Local Traders Offers the Best Deal for Nigerian Crypto Enthusiasts

Ayorinde Oluokun

11 months ago

Local Traders is committed to providing users with a seamless trading experience, and that starts with zero transaction fees. This…

World Bank delivers verdict on Nigeria’s economy

Kazeem Ugbodaga

11 months ago

However, Samad acknowledged that challenges remain, particularly the persistence of high inflation. He underscored the importance of the Central Bank…

Lagos smashes IGR record with ₦1.3trn, eyes ₦3trn Asset Windfall

Kazeem Ugbodaga

11 months ago

Despite these prospects, he stated that inflation is projected to average 26.5 percent in 2025, while exchange rate instability continues…

Cooperatives: Key to unlocking growth for Nigeria’s 32.9M Nano Enterprises – Expert

Kazeem Ugbodaga

11 months ago

Despite their vast numbers, he said they remain vulnerable due to limited access to finance, poor business management skills, market…

Coalition demands of allocation of 40% MSME loans to women

Ayorinde Oluokun

11 months ago

The coalition called on the CBN Governor to make a public commitment to setting a minimum 30 per cent gender-based…

Cabotage Act: Nigeria to end waivers for foreign shipping firms

Ayorinde Oluokun

11 months ago

Oyetola said the decision was aimed at strengthening the maritime sector, creating jobs, and increasing indigenous participation in the nation’s…

What is an SMM Panel and Why are More Businesses Using Them?

Michael Adesina

11 months ago

A plethora of small businesses, digital agencies, influencers, and marketers utilize SMM panels, and we clearly know why - they…

Group drags AMCON to court over IBEDC

Paul Dada

11 months ago

The plaintiff alleges that AMCON now plans to quietly sell the shares to “preferred investors” at N100 billion ($62 million),…

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