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Business

FCCPC gave traders and other market stakeholders involved in exploitative pricing one month moratorium to crash prices of the goods.

Inflation: Consumer Protection Commission to Engage Market Leaders

Ademola Adegbamigbe

2 years ago

In the coming days, the Federal Competition and Consumer Protection Commission (FCCPC) will be engaging leaders of markets and others…
NDIC says it has paid 82.36% depositors with above N5m as insured sum in the defunct Heritage Bank, while working to reach 17.64 % others

NDIC: Why we have not paid some depositors of Heritage Bank

Ayorinde Oluokun

2 years ago

The Director of Communication and Public Affairs, Mr Bashir Nuhu, in a statement on Sunday, said that the step underscored…
Dangote Refinery

Dangote insists: We can’t secure our full crude requirement from domestic production

Ademola Adegbamigbe

2 years ago

Dangote Refinery has reacted to media reports alleging that the Dangote Refinery has backtracked by acknowledging that NNPC supplied about…
Glo teams up with Lagos on food sufficiency through M-Agric

Glo teams up with Lagos on food sufficiency through M-Agric

Kazeem Ugbodaga

2 years ago

According to Globacom, the M-Agric gives users the chance to answer trivia questions to win amazing cash prizes, farm equipment,…
Dangote Refinery

We never accused NNPC of not supplying us crude oil – Dangote Refinery

Ayorinde Oluokun

2 years ago

However, Dangote Industries Limited, in the statement it issued on Thursday said its complaint was concern has always been NUPRC’s…
Aliyu Suleiman states that 60 per cent of the crude supplied to Dangote refinery was done by the Nigerian National Petroleum Company Limited.

New Narrative as Dangote Admits NNPC Supplies 60% of Crude Needs

Ademola Adegbamigbe

2 years ago

In what appears  a major shift from previous clam by the Dangote Refinery company, the Group Chief Strategy Officer, Dangote…
CBN

Liquidity: CBN offers $876m to fx market

Paul Dada

2 years ago

“It will also continue to strengthen the market’s capacity to meet the needs of all legitimate participants,” she said.
Jude Steven wins Nigeria's leading authority in Unique Value Websites

Jude Steven wins Nigeria’s leading authority in Unique Value Websites

Isa Isawade

2 years ago

"By setting high industry standards and consistently achieving exceptional results, the company continues to inspire and elevate the benchmarks within…

Empower your business with Theo Godson’s rainmaker path

Taiwo Okanlawon

2 years ago

Theo Godson reimagines the traditional concept of a Rainmaker, seen historically as a mystical figure who brings rain and ensures…
Gov. Siminalayi Fubara signs Executive Order for the establishment of Rivers State Investment Agency to facilitate investments in the state

Fubara signs order to establish Rivers Investment Promotion Agency

Ayorinde Oluokun

2 years ago

Fubara signed the Executive Order No. 002 of 2024 for the establishment of the Rivers State Investment Promotion Agency when…
NCC directs telecommunications operators to compensate subscribers for poor service

NCC directs telcos on tariffs transparency

Ayorinde Oluokun

2 years ago

Reuben Muoka, Director, Public Affairs of NCC in a statement on Monday said the directive to the operators was continues…

Naira appreciates by 0.6% against dollar at official market

Paul Dada

2 years ago

This represents a 0.61 per cent gain when compared to the previous trading date on Aug. 2 when it exchanged…
Dangote Cement

Half-year result: Dangote Cement Grows Pan African Revenue by 139.9%

Ademola Adegbamigbe

2 years ago

Dangote has continued to attract huge forex into the country through his pan-African operations. The half-year result for Dangote Cement…
President Bola Tinubu, top, crude oil exploration in Nigeria

Why Nigeria’s crude output increased to 1.61m barrels per day in July – Tinubu

Ademola Adegbamigbe

2 years ago

President Bola Ahmed Tinubu on Sunday declared a resurgence in the oil & gas industry, commending the increased crude production…
FCMB Group Shares offer

At N7.30k, There’s A Share For you in FCMB Group 

Ademola Adegbamigbe

2 years ago

FCMB Group has commenced a N110 billion public offer to bolster its capital base - the first phase - to…
What sets 3D crystal souvenirs apart is not just their aesthetic appeal but the advanced technology used to create them.

Memorable Souvenirs with 3D Crystal Cubes. A Perfect Gift for the British

Ayorinde Oluokun

2 years ago

While 3D crystal souvenirs come in various shapes and sizes, the cube shape stands out for its modern and sleek…
Governor Fubara vows to turn Rivers State into a reliable economic gateway, investment destination and hub of robust industrial activities.

We’ll turn Rivers into industrial hub, reliable economic gateway – Fubara

Ayorinde Oluokun

2 years ago

Governor Fubara said: "Our State used to be one of the best. We had all the companies here, and all…
Otedola

Nigerian banks spend whopping $500 million on private jet – Otedola 

Kazeem Ugbodaga

2 years ago

The billionaire, in an emailed statement to Bloomberg, said: “Nigerian banks are spending an estimated $50 million annually just on…
9Mobile

9mobile apologises over service disruption

Kazeem Ugbodaga

2 years ago

The management, in a statement, said as a business, it understood the frustration and inconvenience that this disruption has caused…

ASEW announces sixth edition of Africa’s largest Social Enterprise Summit

Taiwo Okanlawon

2 years ago

ASEW provides training and knowledge exchange activities to develop the skill set and capacity of African social entrepreneurs in creating…
NAMA grounds operations of Arik Air over enforcement of the court judgment on $2.5m owed by the airline to Atlas Petroleum International Ltd.

Why we grounded planes of Arik Air – NAMA

Ayorinde Oluokun

2 years ago

Giving an insight into the debt and the legal tangle between Arik and Atlas Petroleum Ltd, NAMA said, “The records…
Dr. Dominic Joshua provides insights into crises of Dangote Refinery and implications for Nigeria's economy and foreign investment prospects.

Dangote Refinery’s regulatory battles and the future of Nigeria’s oil sector

Isa Isawade

2 years ago

The success of the Dangote Refinery is not merely a corporate milestone but a critical benchmark for Nigeria’s economic future.…
9mobile reconstitutes Board, names Etuh as Chairman, appoints Banigbe as MD/CEO

9mobile reconstitutes Board, names Etuh as Chairman, appoints Banigbe as MD/CEO

Kazeem Ugbodaga

2 years ago

A statement signed by the Board of Directors said pursuant to the injection of capital, the new investor nominated Thomas Etuh…
Emelda Obichie’s Maison Valor redefines luxury bedding in Nigeria

Emelda Obichie’s Maison Valor redefines luxury bedding in Nigeria

Isa Isawade

2 years ago

“We are dedicated to supplying the West African market with the finest Egyptian cotton sheets and other premium bedding products.…
Police

How 2 men defrauded FinTech company of N613m – Police

Isa Isawade

2 years ago

“Daniel unlawfully benefited and converted N402,980,200, while Ebeta fraudulently converted/ diverted N211,000,000.”
CBN

CBN sells $148m to authorised dealers

Ayorinde Oluokun

2 years ago

CBN also sold a total of 106.5 million dollars to 29 authorised dealer banks at rates between N1,498 and N1,530…
Nigeria’s gas export dips following sabotage attacks on a major pipeline in Bayelsa feeding NLNG export terminal being operated by Oando PLC

Dangote: Oando Plc denies link with Malta blending Company

Ayorinde Oluokun

2 years ago

Ms Ayotola Jagun, Company Secretary, Oando Plc, in a statement to the floor of Nigerian Exchange Ltd.(NGX) in Lagos, declared…
Ogun woos foreign, domestic investors to boost development

Ogun woos foreign, domestic investors to boost development

Kazeem Ugbodaga

2 years ago

The Economic Adviser noted that Ogun State has over 16,000 square kilometers of land mass, of which about 65 percent…
Nigeria’s gas export dips following sabotage attacks on a major pipeline in Bayelsa feeding NLNG export terminal being operated by Oando PLC

Oando Plc rejects claims of Involvement with Maltese oil company

Oluwapelumi Oluwayemi

2 years ago

Allegations claimed that Oando operated an oil storage and blending facility responsible for these imports.
Guinness Nigeria Plc says despite challenging operating environment, it achieved 31 % revenue growth for financial year ended June 30, 2024

Guinness Nigeria declares 31% revenue growth in 12 months

Ayorinde Oluokun

2 years ago

The Managing Director of Guinness Nigeria, Mr Adebayo Alli, via a statement on Friday in Lagos, expressed confidence in the…
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