Business

Lagos unveils ₦1.052 trillion Infrastructure blitz in 2025 Budget

Kazeem Ugbodaga

1 year ago

This revenue includes ₦2.230 trillion from Internally Generated Revenue (IGR), ₦111.839 billion from capital receipts, and ₦626.137 billion from federal…

NPA defends plan to jack up tariffs by 15%

Ayorinde Oluokun

1 year ago

This was the first time the Nigeria Ports Authority would be reviewing its rates since 1993.

NNPC Ltd/First E&P JV achieves 96% reduction in routine gas flaring

Ayorinde Oluokun

1 year ago

The reduction in AG flaring aligns with the regulatory framework set forth by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC),…

Okiki Oludare Announces Ride-Hailing App Will Rollout in 3-4 Months

Michael Adesina

1 year ago

By Taiwo Adesanmi Entrepreneur Okiki Oludare, has officially announced that KS Enterprise’s new venture into tech—their Uber-like ride-hailing app—will roll…

9mobile loses 6,079 subscribers in two months

Paul Dada

1 year ago

The NCC report also showed that for outgoing porting activities for November 2024, 9mobile was the biggest loser, as 3891…

9mobile loses over 6000 subscribers in two months – NCC Report

Ayorinde Oluokun

1 year ago

According to the NCC’s report, out of a total of 2998 subscribers which moved from one network to another in…

Ecobank splashes N42m on customers in ‘Millionaire Geng’ Promo

Kazeem Ugbodaga

1 year ago

A breakdown of the rewards revealed that 520 customers won N50,000 each in monthly draws, 16 customers received N500,000 each…

Naira ends week stronger against dollar

Ayorinde Oluokun

1 year ago

This represents a 0.7 per cent increase compared to the previous day’s trading figure on Thursday, when the local currency…

Lagos sets the pace! Sanwo-Olu vows to lead Africa’s Energy Transformation

Kazeem Ugbodaga

1 year ago

Highlighting the capital market’s role in unlocking new investment channels for the power sector, the governor underscored the need for…

Market capitalisation gains N347bn as FCMB lists shares

Ayorinde Oluokun

1 year ago

Notably, the market capitalisation, which opened at N64.521 trillion, rose by 0.54 per cent or N347 billion to close at…

NNPC Ltd, Partners launch 5 mini LNG plants in Kogi

Ayorinde Oluokun

1 year ago

NNPCL is constructing the gas plants in partnership with PRIME LNG, NGML/Gasnexus LNG, BUA LNG, Highland LNG and LNG Arete.…

Naira further gains by 0.78% against dollar

Paul Dada

1 year ago

CBN also unveiled the Nigeria Foreign Exchange (FX) Code, aimed at sanitising the banking industry to promote ethical conduct.

Investors pocket N364bn as NGX ends Bullish

Kazeem Ugbodaga

1 year ago

Similarly, the All-Share Index (ASI) rose by 591 points or 0.57 per cent to settle at 104,549.74 from 103,958.75 recorded…

NAFDAC shuts notorious fake wine production hub, Aba Cemetery market, for clean-up

Ayorinde Oluokun

1 year ago

In the statement issued in Abuja, the NAFDAC boss said the shit down of the market was a decisive move…

Naira appreciates at official market

Ayorinde Oluokun

1 year ago

The Naira has enjoyed relative stability against the US dollar since Dec. 2024 following the introduction of the Electronic Foreign…

CBN unveils new FX code to reform forex market

Ayorinde Oluokun

1 year ago

Speaking at the event in Abuja, Cardoso said the FX Code would establish clear and enforceable standards for ethical conduct,…

NEITI targets $6bn, N66bn recovery from Oil giants in transparency push

Kazeem Ugbodaga

1 year ago

Orji stated that NEITI is collaborating with the Economic and Financial Crimes Commission (EFCC) to recover the funds.

Nigerian Stock Market soars by N795bn on GTCO’s bold listing

Kazeem Ugbodaga

1 year ago

Consequently, the market capitalisation surged from N63.645 trillion to N64.440 trillion, while the All-Share Index rose by 0.79 per cent…

Steps to Open a Casino: What You Need to Know

Ayorinde Oluokun

1 year ago

Opening a casino is a complex process. It requires careful planning and adherence to local laws. As a result, understand…

Zenith Bank secures N350.4 billion in rights Issue, public offer

Oluwapelumi Oluwayemi

1 year ago

In a statement released to the Nigerian Exchange (NGX) Group on Sunday, January 26, 2025, the Bank announced that it…

SEC issues red alert on Risevest, Stecs cooperative societies

Ayorinde Oluokun

1 year ago

The commission hereby notifies the public that Risevest and Stecs are not registered to operate in any capacity in the…

Group hails Tinubu for attracting $6.7bn investment to energy sector

Ayorinde Oluokun

1 year ago

While describing the achievements in the energy sector as commendable, TMV in a statement signed by Mr Chukwudi Enekwechi its…

Sanwo-Olu woos Indian businesses for Lagos

Paul Dada

1 year ago

He added that he was ready to provide the necessary support to facilitate the operation and profitability of their businesses.

SEC warns against transactions with Risevest, Stecs Cooperative Societies

Oluwapelumi Oluwayemi

1 year ago

In a circular issued on Sunday, SEC clarified that neither entity is registered or authorised to operate within the Nigerian…

Design Week Lagos teams up with Ecobank, Ministry for 2025 exhibition

Oluwapelumi Oluwayemi

1 year ago

Hannatu Musa Musawa, Minister of Art, Culture, Tourism, and the Creative Economy, stated: “This exhibition offers a distinctive avenue for…

Zuckerberg: Meta to invest up to $65bn in 2025 to drive AI ambitions

Ayorinde Oluokun

1 year ago

Meta Platforms on Friday announced that the company plans to invest between $60 billion and $65 billion in 2025 to…

Kano govt, company sign $15m customized gas deal

Ayorinde Oluokun

1 year ago

Speaking at the signing of the MoU at KANINVEST headquarters in Kano on Friday, the Director General of the agency,…

UBA set to host Webinar on 2024 Withholding Tax Regulations for SMEs

Kazeem Ugbodaga

1 year ago

This initiative is part of UBA’s Knowledge Series, a platform designed to provide business leaders and professionals with actionable insights…

9mobile backs NCC’s 50% tariff hike, promises better connectivity for Nigerians

Kazeem Ugbodaga

1 year ago

The tariff adjustment, following extensive consultations, is seen as a balanced response to rising operational costs caused by inflation, soaring…

Shettima seeks global partnership on African Atlantic Gas Pipeline

Ayorinde Oluokun

1 year ago

Shettima spoke during a bilateral meeting with President of WEF, Mr Børge Brende, on the sidelines of the ongoing annual…

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