Business

Stock Market roars: N259bn boom ignites investor frenzy

Kazeem Ugbodaga

10 months ago

On the losers' side, Conoil shed 10 per cent to close at N268.30, while Learn Africa dropped 9.98 per cent…

UBA issues warning that will affect all Customers: Here’s what you must know

Kazeem Ugbodaga

10 months ago

According to UBA, each USSD session would now cost ₦6.98 per 120 seconds, saying that customers initiating transactions would receive…

Kogi shocks critics, pays off massive N98.8 billion debt

Kazeem Ugbodaga

10 months ago

Idris described this repayment as a landmark achievement, crediting Governor Ododo’s fiscal discipline and dedication to economic recovery for the…

Petrol price in Nigeria 55% below neighbouring countries’ average – Dangote

Ayorinde Oluokun

10 months ago

According to Dangote while in neighbouring countries, the average price of petrol is around $1 per litre, which is N1,600,…

FG offers 2 savings bonds for subscription at N1,000 per unit

Ayorinde Oluokun

10 months ago

FGN savings bonds are backed by the full faith and credit of the FGN, and charged upon the general assets…

Tinubu’s reforms spur historic surge in capital market indices – Stockbroker

Ayorinde Oluokun

10 months ago

He noted that total market capitalisation which was N52.215 trillion in May 2023 has doubled to N119.58 trillion as of…

Niger courts Dangote on crude oil potential

Paul Dada

10 months ago

He said that the government’s strategic policies, such as the planned establishment of a Free Trade Zone, demonstrate a clear…

Moody’s Credit Upgrade signals rising investor confidence in Nigeria – Tinubu

Kazeem Ugbodaga

10 months ago

According to the President, the Federal Government will sustain its reform momentum through measures aimed at broadening the tax base,…

Court grants Petrolex leave to advertise Winding-Up Petition Against Energy Link over $13.8m deb

Paul Dada

10 months ago

The presiding Judge Akintayo Aluko granted the order on May 23, 2025, in a suit filed before the court after…

Electricity distribution: BEDC, Ondo govt on warpath

Ayorinde Oluokun

10 months ago

BEDC described alleged plan by Ondo government to assume control of electricity distribution operations in the state as illegal, provocative,…

₦48 Billion vanishes as Stock Market bleeds Red in dramatic Friday sell-off

Kazeem Ugbodaga

10 months ago

However, a few bright spots offered a sliver of hope. Omatek surged by 9.86 per cent to close at 78k,…

Tax reforms in your best interest, Tinubu’s aide, FIRS boss tell youths

Ayorinde Oluokun

10 months ago

FIRS boss, Zach Adedeji, urges youths to be more involved in tax matters in order to have a clear understanding…

Tinubu: Rise in Nigeria’s tax-to-GDP ratio one of my impactful achievements

Ayorinde Oluokun

10 months ago

The President said his administration is eliminating the burden of multiple taxation, making it easier for small businesses to grow…

NCC orders telecom operators to inform consumers of service outages

Ayorinde Oluokun

11 months ago

NCC said the move will also ensure that consumers are kept informed about service disruptions that may affect their communication…

What China says about tea trade with Nigeria

Isa Isawade

11 months ago

“From the sweet tea stalls on the streets of Lagos to the mint tea found in the historic city of…

Economic Patriotism: The Abdul Samad and Aliko Dangote example

Ayorinde Oluokun

11 months ago

Last week at The Aso Villa, the seat of the Presidency in Abuja, Abdul Samad Rabiu, did not just show…

Finceptive ignites Capital Market with blazing ₦3 billion Commercial Paper debut

Kazeem Ugbodaga

11 months ago

Proceeds will be channelled into scaling operations, seizing emerging market opportunities, and fortifying its grip on Nigeria’s evolving supply chain…

Naira Roars Back: Local Currency hits ₦1,580.44 in stunning rally against Dollar

Kazeem Ugbodaga

11 months ago

Analysts say the naira’s impressive climb is a reflection of renewed confidence in the economy, increased forex supply, and effective…

UBA Shake-up sparks ₦130bn surge despite Market Index slump

Kazeem Ugbodaga

11 months ago

Among the top gainers, Red Star Express jumped 10 per cent to close at ₦6.71, while University Press rose by…

New Media Landscape: Nigerian agencies must evolve or become obsolete – Oforgu

Kazeem Ugbodaga

11 months ago

The agencies that will survive, he says, are the ones that can balance creativity with performance. That means understanding how…

What Tinubu told the new NNPCL board on inauguration

Ayorinde Oluokun

11 months ago

Speaking at the inauguration of the Board of NNPC Ltd. at the State House, Tinubu said he selected the board…

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.

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