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Business

Nano enterprises

Cooperatives: Key to unlocking growth for Nigeria’s 32.9M Nano Enterprises – Expert

Kazeem Ugbodaga

11 months ago

Despite their vast numbers, he said they remain vulnerable due to limited access to finance, poor business management skills, market…
Coalition of women entrepreneurs urges government, financial institutions to allocate at least 40 % of MSME loans to women-owned businesses.

Coalition demands of allocation of 40% MSME loans to women

Ayorinde Oluokun

11 months ago

The coalition called on the CBN Governor to make a public commitment to setting a minimum 30 per cent gender-based…
Adegboyega Oyetola says ending issuance of waivers under the Coastal and Inland Shipping Act 2003 will strengthen Nigeria's maritime sector

Cabotage Act: Nigeria to end waivers for foreign shipping firms

Ayorinde Oluokun

11 months ago

Oyetola said the decision was aimed at strengthening the maritime sector, creating jobs, and increasing indigenous participation in the nation’s…

What is an SMM Panel and Why are More Businesses Using Them?

Michael Adesina

11 months ago

A plethora of small businesses, digital agencies, influencers, and marketers utilize SMM panels, and we clearly know why - they…
AMCON

Group drags AMCON to court over IBEDC

Paul Dada

11 months ago

The plaintiff alleges that AMCON now plans to quietly sell the shares to “preferred investors” at N100 billion ($62 million),…
Fidelity Bank

Fidelity Bank’s profit soars to N105.8bn in first quarter of 2025

Kazeem Ugbodaga

11 months ago

Fidelity Bank also saw a robust improvement in other key financial indicators. Total deposits grew by 11.1% year-to-date, reaching N6.6…
Airtel reveals mechanism of Spam Alert Service

Airtel reveals mechanism of Spam Alert Service

Michael Adesina

11 months ago

As the revolutionary Airtel Spam AI Alert Service rolls out across Airtel Africa’s 14 operating countries, Airtel Nigeria CEO, Dinesh…
LG Electronics Nigeria to unveil refrigerators that are smarter, greener, built to match the rhythm of the modern Nigerian lifestyle.

LG Electronics Nigeria to unveil refrigerators with vibes, colours

Ayorinde Oluokun

11 months ago

LG Electronics said the 2025 refrigerator lineup introduces several advanced models designed with the modern Nigerian household in mind.
President of Dangote Group, Aliko Dangote, pledges collaboration with Bashir Ojulari led NNPC Ltd. management for energy security in Nigeria.

‘No competition between us,’ Dangote promises collaboration with NNPC

Ayorinde Oluokun

11 months ago

While congratulating the GCEO and the Senior Management Team on their “well-deserved appointments,” Dangote acknowledged the enormity of the responsibility…
IMF says Nigeria fully repaid US$3.4 billion loan it got in 2020 to help alleviate the impact of the COVID-19 pandemic and fall in oil prices.

IMF confirms Nigeria’s full repayment of US$3.4bn loan

Ayorinde Oluokun

11 months ago

IMF said the loan has been repaid as of April 30, 2025 in a statement issued in Abuja, Nigeria's capital…
FCMB

FCMB crowns four new millionaires in latest Savings Promo draw

Kazeem Ugbodaga

11 months ago

Adetunji Lamidi, Divisional Head of Personal Banking at FCMB, explained that the Millionaire Promo is part of the bank's mission…
FCCPC begins probe of suspected exploitation in airfare price

FCCPC has no right to regulate prices in free market economy – Court

Kazeem Ugbodaga

11 months ago

Justice Omotosho also ruled that price controls, even if permissible, must apply to an entire industry and not single out…
Stock Market

Nigerian Stock Market explodes with N307bn surge amid investor frenzy

Kazeem Ugbodaga

11 months ago

Leading the charge on the gainers' chart, FG142027S1 saw a staggering 22.75% rise, closing at N120.00, while UPDCREIT soared by…
Sanwo-Olu

Sanwo-Olu unveils N10 billion fund to boost Lagos MSMEs

Kazeem Ugbodaga

11 months ago

Sanwo-Olu underscored that the programme’s cooperative model, supported by Sterling Bank, the Lagos State Government, and cooperative societies, removes traditional…
Yusuf Ata

How you can benefit from Tinubu’s renewed Hope, Minister tells estate surveyors

Isa Isawade

11 months ago

He emphasized the Tinubu administration's determination to address the housing deficit and reiterated the invaluable contribution of NIESV in the…

VFS Global leverages SAP software to power digital cross-border mobility

Michael Adesina

11 months ago

Cross-border mobility and citizen services are becoming increasingly digital, and governments are looking into the use of innovative technologies such…
Manufacturers Association of Nigeria (MAN) explains how President Bola Tinubu administration's “Nigeria First” policy will boost economy

How FG’s “Nigeria First” policy will boost economy – Manufacturers

Ayorinde Oluokun

11 months ago

It is a cheering news and long awaited relief to resilient Nigerian manufacturers, who, in spite of the tough economic…
Lagos

Lagos, BOI to seal landmark MoU to boost SME financing 

Kazeem Ugbodaga

11 months ago

The launch event will also host key stakeholders, including: Olasupo Olusi, Managing Director of the Bank of Industry, Abubakar Suleiman,…
In a strategic partnership to support the economy of the State, the Dangote Group is sponsoring the 2025 Nasarawa Trade Fair Exhibition

Dangote Group sponsors Nasarawa Trade Fair

Ayorinde Oluokun

11 months ago

The Trade Fair, according to the Chairman of the Nigeria Association of Small-Scale Industrialists (NASSI), Nasarawa State Chapter, Nidan Sambo…

Apply for your UK visa at the new premium application centres in Enugu and Port Harcourt

Michael Adesina

11 months ago

VFS Global is proud to announce that residents of Nigeria, travelling to the UK can now book appointments to submit…
Bank of Industry, BOI. says it has disbursed N1.48 billion in loans to 29,000 small business owners in Imo under FG's loan scheme for MSMEs

BOI disburses N1.48bn loan to 29,000 businesses in Imo

Ayorinde Oluokun

11 months ago

The disbursed funds were part of FG’s N200 billion Special Intervention Fund in line with President Bola Tinubu’s prosperity agenda.
Naira

Naira depreciates against dollar at official market

Ayorinde Oluokun

11 months ago

The Naira had remained relatively static for three trading days, from Monday, April 28, to Wednesday, April 30, when it…
AfDB approves investment of $650 million annually to drive economic transformation, resilience, and broad-based prosperity across Nigeria.

AfDB to invest $650m in infrastructure, others in Nigeria annually for 5 years

Ayorinde Oluokun

11 months ago

The Board of Directors of the AFDB Group approved the investment in a new five-year Country Strategy Paper (2025-2030) for…

LA_SHIPSON PHARMACEUTICAL LTD. secures global partnerships and regulatory support to drive healthcare revolution in Nigeria – Hon. Moses Shipi Reveals

Michael Adesina

11 months ago

LA_SHIPSON PHARMACEUTICAL LTD. is rapidly positioning itself as a game changer in Nigeria’s pharmaceutical and healthcare industry.
Energy

Alleged product imitation: Energy drink company seeks N1.6bn damages

Paul Dada

11 months ago

“The honourable court is functus officio in respect of the subject matter and lacks the jurisdiction to adjudicate the complaints…
Lagos Govt gives 176 illegal estates in Eti-Osa, Ajah, Ibeju-Lekki, and Epe axis of the state 21 days to process their layout approvals

Lagos rakes in ₦582.45 billion in first quarter of 2025, defying economic odds

Kazeem Ugbodaga

11 months ago

On the expenditure front, Lagos recorded a recurrent expenditure of ₦251.22 billion, which is 78% of the quarterly target of…
Lotus Bank

Man defrauds bank of N16.7m, gets jail sentence

Isa Isawade

11 months ago

The charge was preferred against him by the Economic and Financial Crimes Commission (EFCC).
GTBank

GTBank announces important SMS alert fee increase impacting all customers

Kazeem Ugbodaga

11 months ago

In a statement released to customers, the bank emphasized the importance of transaction alerts, which help account holders track their…
FCMB

FCMB closes 2024 with stunning N7.1 trillion in assets, declares dividend

Kazeem Ugbodaga

11 months ago

Group Chief Executive, Mr. Ladi Balogun, acknowledged the tough operating environment but highlighted the dedication of the Group’s staff and…
Alhaji Umaru Kwairanga, Chairman, Nigerian Exchange Group with Dr Jumoke Oduwole, Minister of Trade and Investment in Lagos

FMITI partners NGX Group for $6bn investment target

Ayorinde Oluokun

11 months ago

Oduwole, was at the NGX on April 28 at the invitation of the Board and Management of the NGX Group…
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