Business

Import costs fall as exchange rate strengthens to N1,480/$

Femi Fabunmi

7 months ago

The parallel market also reflected the trend, with the naira exchanging between N1,490 and N1,495 this week.

FAAN to start cashless payments at Lagos, Abuja airports

Femi Fabunmi

7 months ago

Travellers can also get a FAAN Go Cashless Card at airport gates in Lagos and Abuja. The card can be…

Jitters over petrol price as Dangote suspends product sales in Naira

Ayorinde Oluokun

7 months ago

The company said its decision was triggered by the depletion of its crude-for-naira allocation,

PenCom announces new capital base for pension fund operators

Ayorinde Oluokun

7 months ago

The circular read, “PFAs will now be required to maintain capital levels proportionate to their Assets Under Management (AUM), while…

Nigerian Stocks soar as Market records massive N618bn gain Friday

Kazeem Ugbodaga

7 months ago

On the flip side, Fidelity Bank topped the losers’ chart, sliding by 10 per cent to close at N18.45. Custodian…

FG approves free business registration for 250,000 Nigerians

Oluwapelumi Oluwayemi

7 months ago

The programme was formally launched in Abuja during the signing of a Memorandum of Understanding between CAC Registrar-General, Hussaini Ishaq…

CBN Licenses Amaanah Finance Company to offer Non-Interest Banking in Nigeria

Kazeem Ugbodaga

7 months ago

Speaking on the announcement, Dr. Akeem Oyewale, Chairman of the Board, described the license as “a mandate to reimagine how…

Snap Levora Fin Review [UK] 2025: Legit Trading Platform?

Ayorinde Oluokun

7 months ago

Snap Levora Fin is a web-based trading system created to make crypto trading simple, accessible, and profitable for all.

UNGA: Cavista Holdings partners CCA, NGF to drive foreign investment

Abimbola Aderinola

7 months ago

The event emphasized the urgency of driving more direct foreign investment in Nigeria, the African largest economy, as it also…

Stock Market rebounds after four-day slump, gains massive N279bn

Kazeem Ugbodaga

7 months ago

On the losers’ side, Eterna topped the chart with a 10 per cent decline to N27.90. Sovereign Trust Insurance fell…

PPC debuts in Lagos to redefine tech talent, startup visibility

Kazeem Ugbodaga

7 months ago

Ayoola, a seasoned HR professional and tech entrepreneur, said her vision for PPC stems from her passion for building equitable…

Naira to appreciate to N1300, food prices to reduce significantly before yuletide – BUA Chairman, Rabiu

Femi Fabunmi

7 months ago

These are the strongest levels recorded in over a year, further fueling hopes that Rabiu’s projection may be achieved if…

Again, CBN warns Nigerians against spraying, writing on Naira

Femi Fabunmi

7 months ago

Deputy Governor of Operations, Mr. Bala Bello, represented by Dr. Adetona Adedeji, Director of Currency Operations and Branch Management, condemned…

Dangote Sugar soars as Stock Market suffers N135bn Capitalisation loss

Kazeem Ugbodaga

7 months ago

Dangote Sugar led the chart of gainers, rising 10 per cent to close at N59.40, followed by Mecure Industries, which…

Tango Brook unveils smart Fuel Card

Kazeem Ugbodaga

7 months ago

Users of the Tango Fuel Card stand to save up to 15 percent on fuel costs, with additional loyalty benefits…

Naira strengthens as CBN slashes interest rate for first time in five years

Femi Fabunmi

7 months ago

Traders, businesses and households alike will be watching closely in the coming days to see if the positive momentum continues…

X2Wednesday from 1xBet: double benefit for players

pmnews

7 months ago

The betting company 1xBet keeps surprising and exciting its customers. They launched a new promo called X2Wednesday, which has already…

Cardoso: 14 banks have fully met new capital requirement

Ayorinde Oluokun

7 months ago

In the current recapitalisation exercise, commercial banks with international authorisation now have a new capital requirement of N500 billion.

Keystone Bank empowers women with vocational skills in Ondo

Michael Adesina

7 months ago

As part of its commitment to social impact and community, development, Keystone Bank Limited has commenced the 2025 Employee Volunteering…

CBN slashes Interest Rate to 27% in bold move to stimulate Economy

Kazeem Ugbodaga

7 months ago

The current adjustment reflects the CBN's cautious approach to balancing inflation control with economic growth stimulation.

Global Relocation Academy onboards 100 Affiliate Partners in Landmark Masterclass

Kazeem Ugbodaga

7 months ago

“This program isn’t just about generating income; it’s about creating impact,” said Daniel Saviors, Co-founder of GRA.

Nigeria’s GDP soars by 4.23%

Paul Dada

7 months ago

“Following the rebasing of the GDP using 2019 as the new base year, previous quarterly GDP estimates were benchmarked to…

Naira strengthens to N1,497/$ as CBN begins key interest rate talks

Femi Fabunmi

7 months ago

Some Fed officials, including Governor Stephen Miran, had pushed for a deeper 50 basis point cut. His upcoming speech could…

FirstBank, Lagos join forces for historic E1 Powerboat championship

Kazeem Ugbodaga

7 months ago

Positioned at the start of the year’s final quarter, the championship also ties into FirstBank’s DecemberIssaVybe campaign, an annual initiative…

Shoprite finally takes decision on leaving Nigeria

Femi Fabunmi

7 months ago

said the old style of running large stores and depending on imports no longer works because of inflation, unstable exchange…

Court stops NUPENG, trucking union from striking, picketing Dangote Refinery

Isa Isawade

7 months ago

The presiding Judge, Emmanuel Danjuma Subilim, ruling on an ex parte application filed by Dangote Refinery’s counsel, George Ibrahim (SAN),…

RMAFC enhances oversight with new monitoring body

Paul Dada

7 months ago

“The Central Bank Monitoring Committee (CBMC) was created in February 2021 following the need to develop processes to closely monitor…

NGX Weekly: Investors gain N822bn as market capitalisation hits N89.744 trillion

Ayorinde Oluokun

7 months ago

Forty equities appreciated in price during the week, lower than 70 equities in the previous week.

Edo-Scotland Business Partnership Summit: A Bridge to Mutual Prosperity – Oboh-Macleod

Michael Adesina

7 months ago

The Governor of Edo State, Senator Monday Okpebholo, has led a high-powered delegation to Glasgow, Scotland, for the Edo State…

Seplat unveils $3bn 5-year growth plan

Ayorinde Oluokun

7 months ago

As part of its strategy, Seplat is in talks with the Nigerian National Petroleum Company Ltd. (NNPC) on selling a…

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