Business

Stock market opens 2025 with N155bn gain

Ayorinde Oluokun

1 year ago

By Rukayat Adeyemi The stock market started year 2025 on a strong note, delivering an impressive N155 billion profit to…

NGX reviews market indices amid entries, exits of companies

Ayorinde Oluokun

1 year ago

NGX, in a report, listed the affected indices as, NGX 30; NGX Lotus Islamic; NGX Pension; NGX Pension Broad Index;…

2024: Stock market thrives amid banking reforms, new listings

Ayorinde Oluokun

1 year ago

According to the Nigerian Exchange Ltd. (NGX), the All-Share Index delivered a stellar return of 283.45 per cent since 2020,…

NATCOMS rejects alleged hike in telecom tariff, urges NCC to nullify it

Ayorinde Oluokun

1 year ago

NCC, when contacted for its reaction, said all issues around the tariff hike should be ignored. The Commission also said…

Jigawa consolidates shareholding in Kano Disco with N1bn

Ayorinde Oluokun

1 year ago

Musa said the gesture was in fulfilment of the Memorandum of Understanding (MoU) signed between Jigawa state government and the…

Abiodun Signs N1.054tn 2025 Appropriation Bill into Law

Kazeem Ugbodaga

1 year ago

He also highlighted plans to enhance basic infrastructure, including more Memoranda of Understanding (MoUs) with corporate partners in key sectors…

Plan ahead! UBA, Ecobank drop important information that will affect customers

Kazeem Ugbodaga

1 year ago

In a message to its customers, UBA announced: “As we prepare for the New Year celebrations, our branches will close…

FCMB Group completes public offer, raises ₦147.5bn with 33% oversubscription

Ayorinde Oluokun

1 year ago

Regulatory approvals have also been received to downstream the net proceeds of the public offer from the holding company to…

Warri Refinery now up and running

Paul Dada

1 year ago

“I must put on record the development was as a result of the charge by Mr President that we must…

We can’t continue to guarantee service availability without tariff review – Telecom operators

Ayorinde Oluokun

1 year ago

ALTON, in the statement said the Nigerian telecommunications industry was facing a critical challenge that required urgent attention and members…

Debt: NCC grants MTN approval to disconnect Exchange Telecommunications

Ayorinde Oluokun

1 year ago

NCC said the disconnection of the Exchange Telecommunications to MTN was in accordance with Section 100 of the Nigerian Communications…

GTBank drops important information that may affect customers

Kazeem Ugbodaga

1 year ago

GTBank reassured customers that its digital channels would provide seamless alternatives to branch services, ensuring that banking activities continue smoothly…

Abstraction fees: MAN cries out to Sanwo-Olu over sealing water factories in Lagos

Ayorinde Oluokun

1 year ago

Ajayi-Kadir urged the governor to use his good office to order the immediate reopening of some closed water factories to…

NNPCL unveils production monitoring centre

Ayorinde Oluokun

1 year ago

The Chief Corporate Communications Officer, NNPC Ltd., Olufemi Soneye, in a statement on Wednesday described the PMCC as a transformative…

Access Bank leads the pack, smashes CBN’s N500bn Capital target before deadline

Kazeem Ugbodaga

1 year ago

This milestone positions Access Bank Plc, the Company’s flagship subsidiary, as the first Nigerian bank to meet the CBN's N500…

Ogun Assembly approves ₦1.054 trillion budget, adjusts key agency allocations

Kazeem Ugbodaga

1 year ago

Several agencies saw adjustments to their budgetary proposals. The Ministry of Budget and Planning’s estimate rose from N1.475 billion to…

Edo Assembly approves revised N675bn 2025 Budget for Governor’s assent

Kazeem Ugbodaga

1 year ago

During the committee’s consideration of the budget, members reviewed it clause by clause and approved the increase from the original…

FCMB Group Shareholders Approve N340 Billion Capital Raise

Ayorinde Oluokun

1 year ago

FCMB Group reported a 67% growth in nine-month profit before tax to 91.8 billion naira. An earlier capital raise in…

Kéo: Leading the charge for young entrepreneurs in digital age

Michael Adesina

1 year ago

Kéo had already reached millionaire status, an accomplishment that reflects his ability to identify opportunities and execute his plans with…

Zamfara’s Gold rush returns, as FG lifts 5-year mining ban

Kazeem Ugbodaga

1 year ago

Announcing the development at a weekend press briefing, the Minister of Solid Minerals Development, Dr Dele Alake, highlighted the economic…

Breet announces partnership with Afrobeat star Balloranking as Brand Ambassador

Kazeem Ugbodaga

1 year ago

This collaboration aims to integrate the dynamic worlds of music and fintech, leveraging their shared connection to a youthful, vibrant…

Siatech Africa breaks ground with Liberia’s model Solar City project

Isa Isawade

1 year ago

We’re not just deploying solar panels; we’re integrating intelligent systems that optimize power usage, monitor grid performance in real time,…

‘Totally false,’ NNPC Ltd dismisses report alleging shutdown of Port Harcourt Refinery

Ayorinde Oluokun

1 year ago

Olufemi Soneye, Chief Corporate Communications Officer of NNPC Ltd in a statement on Saturday said contrary to the claims contained…

ABCON hails CBN’s sale of interbank FX to eligible BDCs

Ayorinde Oluokun

1 year ago

“To our members, it will revitalise our operations, making us functional and profitable, the President of ABCON, Dr Aminu Gwadabe…

N4.06 trillion allocated for infrastructure in 2025 budget too low – Omotola

Kazeem Ugbodaga

1 year ago

President Bola Tinubu had, on Wednesday, presented a N49.7 trillion budget to the National Assembly for approval for the 2025…

Mastering the Markets: Forex and Crypto Trading Strategies to Watch in 2025

Ayorinde Oluokun

1 year ago

If 2023 was all about decentralized finance, 2025 is shaping up to be the year of AI-driven crypto trading. Artificial…

Timur Kulibayev: A Catalyst for Progress in Energy and Business

Ayorinde Oluokun

1 year ago

In the late 2000s, Timur Kulibaev brought his contributions to the development of Kazakhstan's sovereign wealth initiatives through his appointment…

Yuletide: Dangote slashes petrol price to ₦899.50 per litre

Paul Dada

1 year ago

The statement said the refinery was committed to making sure Nigerians have access to premium quality petroleum products that are…

Why our services are down – 9Mobile

Paul Dada

1 year ago

"Customers who continue to experience issues can reach out to our customer service team via our social media touchpoints or…

Elon Musk Net Worth Crosses $400 Billion

Ayorinde Oluokun

1 year ago

Musk’s journey to this financial zenith has been marked by a series of strategic moves and groundbreaking innovations. Even on…

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