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Business

Lagos signs JVA for aquaculture centre

Commissioner for Agriculture, Ms Abisola Olusanya and the Permanent Secretary, Ministry of Agriculture, Mr Hakeem Adeniji signed on behalf of…
One of the beneficiaries receiving her millions

Ecobank Nigeria celebrates four millionaire customers

Ecobank Nigeria has presented grand prize of N1 million cheque each to the four winners that emerged at the end…
AfDB

AfDB, Standard Chartered Bank sign $50m agreement

According to the bank, the agreement is expected to boost intra-African trade, promote regional integration, and contribute to the reduction…
Naira

Naira sinks further against dollar, pounds

While the value was stable on the official window at N409.51-N410.50, it continues to be blown apart in the black…
Tim Cook unveils the Apple iPhone 13 series

Apple unveils iPhone 13 series, other gadgets.

The company during the live broadcast showed new iPhones with improved displays and Apple Watches with slightly larger screens.
L-R: Dr. Rabiu Olowo, Mr. Bola Onadele. Koko; Mr. Babajide Sanwo-Olu; Mrs. Solape Hammond and Mr. Moyo Onigbanjo (SAN), during the signing of the Lagos State Green Bond Issuance Memorandum of Understanding (MoU) at Lagos House, Marina, on Tuesday.

Sanwo-Olu signs N25bn MoU on Green Bond Market Agreement

Lagos State Governor, Babajide Sanwo-Olu on Tuesday signed Memorandum of Understanding (MoU) with FMDQ Group and Financial Sector Deepening (FSD)…
Buhari seeks approval for humongous $4bn, €710m external loans

Buhari seeks approval for humongous $4bn, €710m external loans

The Senate has received a formal request from President Muhammadu Buhari to consider and approve an external loan to fund…

Toyota Nigeria tests new Hilux, Starlet

There was excitement within the Smokin Hills Golf Resort at Ilara-Mokin, in Ondo State, as automotive enthusiasts, Toyota dealers and…
ATTAHBON

ATTAHBON to collaborate with Bayelsa Govt on tourism development

Association of Tourism, Travel Agents & Hospitality Business Owners of Nigeria (ATTAHBON) says it would collaborate with Bayelsa State Government…
Dr. Rabiu Olowo, Lagos Commissioner for Finance

Debt servicing: Fitch upgrades Lagos rating to AAA

Fitch Ratings, an Internationally renowned rating agency, in its recent publication outlining the standing of the State has upgraded Lagos…
The redesigned interior of Bombardier Challenger 350 PJ

Bombardier unveils redesigned Challenger 350 private jet tomorrow

The revamped plane's interior will borrow unspecified elements from the plane maker's flagship Global 7500 ultra long-range jet,
Online Casino

Gambling in Africa: Will Online Casinos be accepted in 2021 and beyond?

Many industries suffered swingeing losses as a result of the global pandemic, but that hasn’t been the case for online…
Nneka Onyeali-Ikpe, MD, Fidelity Bank

Fidelity Bank profit soars

CEO Onyeali-Ikpe said the growth was on the back of Increased customer transactions and improved operational efficiency.
fintech

Transforming Nigerian financial services through Fintech

Nigeria has been heeding the call of the growing demand for financial services providers to provide fintech solutions for convenience.

Forex: CBN issues strong warning to commercial banks

The Central Bank of Nigeria (CBN) has warned Deposit Money Banks (DMBs) to always observe due diligence and desist from…
Mr. Oscar Onyema

Onyema joins Board of World Federation of Exchanges

With the election on Sept. 9, Onyema will serve on the WFE board for a three-year term, representing Europe-Middle East-Africa…
Investors lose N1.14trn as NGX reacts to MPC decision

Investors lose N146B on Nigerian Exchange

Also, the NGX All-Share Index dipped 279.55 points or 0.71 per cent, returning to 38,000 mark, to 38,921.78 from 39,201.33…
Naira crunch: Nigerians beg banks to dispense N100, N50 bills

Naira goes into the weekend bruised and battered by U.S. Dollar

In the black market, it dipped to N545 to the dollar on Friday, about 0.9 percent depreciation compared to Thursday's…
Sanwo-Olu signs VAT Bill into law

Breaking: Sanwo-Olu signs VAT Bill into law

Lagos State Governor Babajide Sanwo-Olu has signed into law the State VAT Bill as passed by the House of Assembly.
L-R: Timi Tope Ologunoye, COO Autochek, Mayokun Fadeyibi, SVP West Africa, John Egwu, SVP, East Africa, Iyamu Mohammed, SVP New Markets CEO, Etop Ikpe.

Autochek acquires ROAM Africa’s online car platforms

The deal, which will be finalised in weeks, will see Cheki Kenya and Uganda’s operations integrate with the wider Autochek…
GTBank

GT Bank’s profits dip, posts N93.1bn in 6 months

Guaranty Trust Bank, now Guaranty Trust Holding Company Plc, has posted a profit before tax (PBT) of N93.1 billion for…
Jumia Nigeria CEO, Massimiliano Spalazzi

E-commerce promoting local restaurants, African Cuisines 

Since covid-19 entered the global equation in the early part of 2020, business operations and other human activities have been…
Comptroller Abdullahi Musa

Tin Can Island Customs command hits N320bn revenue in 8 months

The Area Controller, Tin Can Island Command, Nigeria Customs Service, Comptroller Abdullahi Musa, on Thursday said that the command generated…

Access Bank partners SME.NG to launch Ebi Marketplace for women

The Ebi marketplace is part of the bank's moves to provide female entrepreneurs with an opportunity to access easy finance,…
Naira strengthens further at official FX market

Naira slumps to record N540 per US Dollar

The Naira fared worst against the pound, depreciating by 1.4 percent as against the 0.9 percent fall against the dollar.
AFEX, CIS Announce Partnership To Drive Commodities Market Education Among Capital Market Players

AFEX advocates for digital financial inclusion for smallholder farmers

Nigeria's leading commodities' player, AFEX, on Monday held a side-event at the 2021 African Green Revolution Forum (AGRF) to advocate…
Mr Olumide Adeosun, Chairman, Major Oil Marketers Association of Nigeria (MOMAN)

Adeosun appointed as MOMAN Chairman

He takes over from Mr Tunji Oyebanji, Chief Executive Officer, 11 Plc, who has been piloting the affairs of MOMAN…
Interswitch Group partners with Codebase to improve digital banking

Interswitch Group partners with Codebase to improve digital banking

The partnership will help broaden access to financial services for Africans, driving greater financial inclusion across the continent.
Stefano Cao CEO Saipem

Saipem launches share buy-back programme

The Programme regards the buy-back of the Company’s own shares to cover the 2020 allocation of the 2019-2021 Long Term…

Why Bitcoin is a Speculative Asset

Most people were reluctant about trading or investing in Bitcoin. However, this virtual currency's increasing prices or value has prompted…
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