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Business

Stronger reserves and sweeping FX reforms are giving CBN room to stabilise the naira, protect investment flows and domestic production

Naira depreciates against dollar at official market

Ayorinde Oluokun

2 years ago

Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market…
Lagos'll deepen relationship with India for human capacity building - Sanwo-Olu

Lagos’ll deepen relationship with India for human capacity building – Sanwo-Olu

Kazeem Ugbodaga

2 years ago

Sanwo-Olu, who commended the Indian companies in Nigeria for being the second largest employer of labour after the Federal Government,…
Stock Market

Equity market opens with N167bn profit gain

Kazeem Ugbodaga

2 years ago

Specifically, the market capitalisation, which opened at N56.441 trillion, gained N167 billion or 0.30 per cent to close at N56.608…
Oyo welcomes investors, eyes economic growth through entrepreneurship, innovation

Oyo welcomes investors, eyes economic growth through entrepreneurship, innovation

Kazeem Ugbodaga

2 years ago

In his words, "I encourage Sooyah Bistro to continue providing excellent services and creating opportunities for our citizens. I also…
Inflation moves up in Nigeria

Breaking: Nigeria’s inflation jumps to 34.19% in June

Kazeem Ugbodaga

2 years ago

According to NBS, In June 2024, the headline inflation rate increased to 34.19% relative to the May 2024 headline inflation…
NNPCL explains why it limited its equity stake in the Dangote Refinery to 7.5 per cent instead of the 20 per cent widely speculated.

NNPCL: Why we limited our investment in Dangote Refinery to 7.5%

Ayorinde Oluokun

2 years ago

NNPCL said its decision to reduce its investment in the refinery was well thought out.
Dangote

Dangote refinery, fertiliser company to be listed in Q1 2025

Ayorinde Oluokun

2 years ago

He noted that Dangote Industries Ltd. wanted to make sure that apart from domestic sales of its products, it would…
Lagos disburses N25bn as grants, loans to SMEs

Lagos disburses N25bn as grants, loans to SMEs

Kazeem Ugbodaga

2 years ago

According to Sanwo-Olu, “The Lagos State Employment Trust Fund over the past six years has given out close to twenty-five…
CBN

CBN’s aggressive monetary policy tightening and Nigeria’s economic growth

Ayorinde Oluokun

2 years ago

However, with inflation at above 33 per cent, according to National Bureau of Statistics, and interest rate at 26.25 per…
From left: A Past President of Rotary Club of Lagos, Senator Kola Bajomo; District Governor of Rotary Club, District 9112, Rotarian Femi Adenekan; President, Rotary Club of Lagos, District 9112, Mr. Adetunji Lamidi; Managing Director, First City Monument Bank (FCMB), Mrs. Yemisi Edun, and the Assistant Governor, District 9112, Rotarian Ehi Braimah, during the installation of Mr. Lamidi as the new President of Rotary Club of Lagos, District 9112. The event was held on July 6, 2024, in Lagos.

Microcredit: FCMB Supports Rotary Club of Lagos to Empower 200 Widows

Ademola Adegbamigbe

2 years ago

First City Monument Bank (FCMB) has announced its support for a service project by the Rotary Club of Lagos, District…

Lithuania-Based EERIV Europe Receives NTIA Award for Innovation in Student Mobility

Michael Adesina

2 years ago

EERIV Europe UAB, a Lithuania-based international education and consulting company, was honored at the Nigerian Tech and Innovator Awards (NTIA)…
FCMB hosts analyst, investors forum

FCMB hosts analyst, investors forum (Photos)

Ademola Adegbamigbe

2 years ago

Others at the event were the Executive Director, Coverage & Investment Banking, FCMB, Mr. Femi Badeji; Group Managing Director, Futureview…

Keystone Bank wins ‘Retail Bank of the Year 2024’ award

Taiwo Okanlawon

2 years ago

Keystone Bank is a technology and service-driven commercial bank offering convenient and reliable solutions to its customers.
Sanwo-Olu assures stakeholders of conducive business environment

Sanwo-Olu assures stakeholders of conducive business environment

Kazeem Ugbodaga

2 years ago

Speaking on the importance of the Lagos Corporate Assembly, the governor said the Assembly is a testament to his administration's…
Okorocha writes that there is nowhere in the Act where any other entity aside NNPCL is authorized to perform any regulatory function

‘Cooperate with NNPC to sanitize fuel distribution’, CSOs tell IPMAN, NUPENG, others

Ademola Adegbamigbe

2 years ago

The Coalition of Civil Society Groups for Good Governance, a key stakeholder in the Nigerian oil and gas industry has…
GTCO to raise N400.5bn capital through public offer

GTCO to raise N400.5bn capital through public offer

Kazeem Ugbodaga

2 years ago

Agbaje outlined the plan to issue nine billion ordinary shares of 50 kobo each at an offer price of N44.50…

Oluwatosin Olatujoye of Zylus Group International launches Retrust Microfinance Bank

Taiwo Okanlawon

2 years ago

The official launch of Retrust Microfinance Bank is expected to attract stakeholders, partners, government officials, and members of the public…
Dangote Refinery

We’ll commence petrol production this month – Dangote Refinery

Ademola Adegbamigbe

2 years ago

International financial analytics corporation, S&P Global, has described the 650,000 barrels per day (bpd) Dangote Oil Refinery and Petrochemicals company…
Sanwo-Olu charges young people to stay focused, shun peer pressure

Sanwo-Olu to host captains of industry Tuesday

Kazeem Ugbodaga

2 years ago

Omotoso said speakers for the event included eminent personalities like the Governor of Central Bank of Nigeria (CBN), Dr. Olayemi…
SEC approves commencement of Access Holdings N351bn rights issue

SEC approves commencement of Access Holdings N351bn rights issue

Kazeem Ugbodaga

2 years ago

Access Holdings said that it remained committed to its strategic vision of expanding its footprint and delivering exceptional value to…

Coastal management: Alebiosu expresses optimism in partnership between Lagos, Netherlands

Kazeem Ugbodaga

2 years ago

Alebiosu emphasized the benefits that the Netherlands' expertise in these areas would bring to Lagos' waterfront infrastructure development.
CAC extends registration deadline for PoS operators

CAC extends deadline for PoS registration

Isa Isawade

2 years ago

“The Corporate Affairs Commission wishes to notify Fintech Operators also known as Point of Sales (PoS) Operators that the initial…
Sanwo-Olu urged to obey court order on Okobaba Sawmill

Lagos sets huge N151bn revenue target for Physical Planning

Kazeem Ugbodaga

2 years ago

In 2023, the same ministry was given N134.729 billion to generate, but it managed to rake in N58.968 billion between…
 Ogun Customs posts N10 billion revenue in three months

 Ogun Customs posts N10 billion revenue in three months

Kazeem Ugbodaga

2 years ago

Alade said the Command had been able to generate the sum of N12,830,493,630.06 between January and June 2024.
DBN partners GAIN to empower 350 Nigerian women entrepreneurs

Development Bank shortlists Tech innovators for final Pitch 

Kazeem Ugbodaga

2 years ago

The Development Bank of Nigeria (DBN) has held a pre-selection session to shortlist tech innovators who will be participating in…

NAICOM directs insurance company to settle customers’ outstanding claims

Paul Dada

2 years ago

The commission said the directive was due to increased complaints by annuitants and insurance claimants against the company.
NNPC Ltd. says aside ongoing massive deployment of CNG stations nationwide, it and its partners would also build 3 LNG stations in Ajaokuta.

NNPC Ltd. plans 3 LNG stations, 100 CNG sites nationwide

Ayorinde Oluokun

2 years ago

In his remarks, the Managing Director, NNPC Retail Limited, Mr Huub Stokman said the NNPC Retail planned to set up…
Access Bank

Access Holdings named Top Tier-1 Bank in 2024 PBSI report

Oluwapelumi Oluwayemi

2 years ago

Proshare’s latest report places Access Holdings at the forefront, alongside other prominent institutions such as Zenith Bank, FBNH, Ecobank, UBA,…
Tinubu unveils Presidential Economic Coordination Council

Tinubu unveils Presidential Economic Coordination Council

Kazeem Ugbodaga

2 years ago

The council also comprised Chairman, Dangote Group of Companies, Alhaji Aliko Dangote; Chairman of UBA Group, Tony Elumelu; Managing Director,…
A Quick Guide to Different Strategies You Can Employ as a Trader in Nigeria

Maximizing Your Trading Potential: Understanding FX Brokers and the US500

Ayorinde Oluokun

2 years ago

Successfully navigating the trading landscape requires a solid understanding of the tools and markets at your disposal. By choosing a…
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