Business

₦289bn wiped out! Stock Market crashes as investors panic

Kazeem Ugbodaga

1 year ago

The downward spiral continued with WAPIC Insurance shedding 9.27 per cent to ₦2.35 per share, while MRS Oil Nigeria tumbled…

Dangote Refinery stuns marketers, dumps naira, begins sale of petrol in dollar

Ayorinde Oluokun

1 year ago

Dangote Refinery hinged its decision to begin the sale of petroleum products to marketers in dollars on the need to…

The prospective future of virtual reality in entertainment and business applications

Michael Adesina

1 year ago

Virtual reality has been shaking multiple industries. The entertainment industry, especially in gaming, has seen numerous products as a start-up…

Leading Digital Marketing Agency in Lagos Hosts Free Webinar to Support Local Business Growth

Michael Adesina

1 year ago

Loft and Mane Marketing is a digital marketing agency in Lagos that helps businesses increase their online visibility, attract customers,…

FCMB Group unleashes ‘The Power of the Group’ to redefine success

Kazeem Ugbodaga

1 year ago

The statement said celebrating collaboration, innovation, and impact, 'The Power of the Group' TVC affirms the power of collective action.

Tech frenzy! Jumia unleashes unbeatable deals for Tech Week 2025

Kazeem Ugbodaga

1 year ago

With Nigeria surpassing 142 million active internet subscribers as of January 2025, digital transformation is accelerating at an unprecedented pace.

We must recover N455bn debts owed by Arik, its affiliates – AMCON

Paul Dada

1 year ago

“AMCON continues to face resistance from a number of debtors who are unwilling to pay without a fight," he said.

USPF Secretary hails ITU, UK-FCDO’s partnership on Nigerian rural connectivity

Ayorinde Oluokun

1 year ago

Arowosafe gave the commendation at an Industry-Focused Stakeholders Engagement Session which was organised in Lagos over the weekend by the…

Group lauds $17bn Foreign Direct Investments in oil sector

Paul Dada

1 year ago

“It is also gratifying that with the growing geo-political tensions around the world, Nigeria is now open for business, and…

Naira roars to life! Gains N29.89 as CBN moves to stabilise Market

Kazeem Ugbodaga

1 year ago

This surge represents a sharp contrast to Thursday’s close of N1,547.82 per Dollar, signaling renewed optimism among traders and businesses…

Market Meltdown: NGX suffers N167bn crash as Indices plunge

Kazeem Ugbodaga

1 year ago

Market sentiment remained negative, with 24 stocks posting losses against 22 gainers. Among the worst-hit were Tantalizer, which nosedived by…

‘Dangote/NNPCL price war killing our members,’ IPMAN cries out

Ayorinde Oluokun

1 year ago

Mr Chinedu Anyaso, Chairman, IPMAN, Enugu said this in a statement on Friday. Anyaso said the price instability in the…

Lagos can rake in ₦5 trillion annually with Smart Tax Reforms – Oyedele

Kazeem Ugbodaga

1 year ago

Speaking at the launch of the 2025 Lagos Economic Development Update (LEDU) Report, Oyedele emphasised that Lagos, despite being Nigeria’s…

Stock Market crash: N48bn wiped out in another devastating blow

Kazeem Ugbodaga

1 year ago

The latest downturn was largely driven by steep losses in key stocks, including Conoil and United Bank for Africa (UBA),…

Oil & Gas investments will not make Africa net contributor to global Emissions – Veheijene

Ayorinde Oluokun

1 year ago

Nigeria, along with other African and middle-income countries, continues to advocate for a just energy transition amid the global push…

How Joshua Chigbo is making Wholeshield Pharmaceuticals a Household Name

Michael Adesina

1 year ago

Wholeshield Pharmaceuticals stands as a symbol of Joshua Chigbo’s dedication to quality, customer care, and the empowerment of others—making it…

Oando wins bid for Guaracara refinery lease in Trinidad & Tobago

Ayorinde Oluokun

1 year ago

The selection of Oando Trading as the preferred bidder for the Guaracara Refining Company (GRC) was announced in a formal…

Our aspiration as a travel agency – Vydax CEO Okike

Isa Isawade

1 year ago

"Students without a Bio-Science background will be required to complete undergraduate courses in any life sciences program to ensure success.…

Stock Market stunner: Investors wake up to N52bn Windfall

Kazeem Ugbodaga

1 year ago

The market capitalisation of the Nigerian Exchange Ltd. (NGX) increased to N66.769 trillion, up from N66.717 trillion recorded last Friday.…

NNPCL breaks silence on termination of Naira Crude deal with Dangote

Kazeem Ugbodaga

1 year ago

Since October 2024, NNPCL has supplied Dangote Refinery with over 48 million barrels of crude oil under the Naira contract.…

Amo Farm secures 1,800 acres in Oyo to revolutionize Nigeria’s food security

Kazeem Ugbodaga

1 year ago

Oduntan further emphasized the crucial role of agriculture in national development, stating: “Agriculture remains the backbone of Nigeria’s long-term economic…

Tuggar hails Moniepoint as a Nigerian Fintech success story during UK visit

Kazeem Ugbodaga

1 year ago

Describing Moniepoint as a "fintech unicorn with a multibillion-dollar valuation," Ambassador Tuggar praised its rapid expansion, citing its workforce of…

Seven oil firms agreed to pay $37.4m debts to Nigeria before August – Reps

Ayorinde Oluokun

1 year ago

Akin Rotimi, the spokesperson for the House of Representatives said the commitment of the oil companies to pay the unremitted…

UBA strengthens Gender Inclusion with 58% female representation in new GMAP Cohort

Kazeem Ugbodaga

1 year ago

Speaking at the graduation ceremony held at Landmark Event Centre, UBA’s Group Managing Director/Chief Executive Officer, Oliver Alawuba, highlighted the…

Supreme Court judgment has rendered us idle – Lottery Commission workers

Isa Isawade

1 year ago

“The situation, though has not affected our monthly pay, but our fate remained uncertain and it has made us to…

Kebbi, company sign deal for 3 million-ton cement factory

Ayorinde Oluokun

1 year ago

In his remark, the Gov. Idris assured of his government unwavering commitment to provide an enabling environment for the cement…

FG inaugurates EV buses to ensure sustainable mobility

Ayorinde Oluokun

1 year ago

Speaking at the event, the Minister of State for Industry, Sen. John Enoh, said the initiative aligned with the Federal…

Dangote Group pays over N402bn as taxes in 2024 – Official

Ayorinde Oluokun

1 year ago

Recall that Federal Inland Revenue Service (FIRS) had in late 2024 recognised DIL and its subsidiary, Bluestar Shipping as the…

Nigerian women worst hit by Ponzi schemes – SEC

Oluwapelumi Oluwayemi

1 year ago

Dr. Emomotimi Agama, Director-General of SEC, disclosed this in Abuja on Thursday at an event marking International Women’s Day (IWD)…

Poor performance hits Nigerian stock market

Paul Dada

1 year ago

This initiative could support growth in the sector, strengthening confidence in energy stocks and potentially providing momentum for the broader…

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