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Business

Ecobank

Ecobank splashes N42m on customers in ‘Millionaire Geng’ Promo

Kazeem Ugbodaga

1 year ago

A breakdown of the rewards revealed that 520 customers won N50,000 each in monthly draws, 16 customers received N500,000 each…
Stronger reserves and sweeping FX reforms are giving CBN room to stabilise the naira, protect investment flows and domestic production

Naira ends week stronger against dollar

Ayorinde Oluokun

1 year ago

This represents a 0.7 per cent increase compared to the previous day’s trading figure on Thursday, when the local currency…
Sanwo-Olu

Lagos sets the pace! Sanwo-Olu vows to lead Africa’s Energy Transformation

Kazeem Ugbodaga

1 year ago

Highlighting the capital market’s role in unlocking new investment channels for the power sector, the governor underscored the need for…
Investors gain N3.2trn as stock market rebounds

Market capitalisation gains N347bn as FCMB lists shares

Ayorinde Oluokun

1 year ago

Notably, the market capitalisation, which opened at N64.521 trillion, rose by 0.54 per cent or N347 billion to close at…
NNPC Ltd. and its partners begin construction of five Mini LNG plants in Ajaokuta, Kogi State to deepen gas utilisation among Nigerians.

NNPC Ltd, Partners launch 5 mini LNG plants in Kogi

Ayorinde Oluokun

1 year ago

NNPCL is constructing the gas plants in partnership with PRIME LNG, NGML/Gasnexus LNG, BUA LNG, Highland LNG and LNG Arete.…
Naira

Naira further gains by 0.78% against dollar

Paul Dada

1 year ago

CBN also unveiled the Nigeria Foreign Exchange (FX) Code, aimed at sanitising the banking industry to promote ethical conduct.
Investors gain N3.2trn as stock market rebounds

Investors pocket N364bn as NGX ends Bullish

Kazeem Ugbodaga

1 year ago

Similarly, the All-Share Index (ASI) rose by 591 points or 0.57 per cent to settle at 104,549.74 from 103,958.75 recorded…
NAFDAC shutdown Aba Cemetery Market in Abia State notorious for production and sale of fake wines and beverages for cleanup

NAFDAC shuts notorious fake wine production hub, Aba Cemetery market, for clean-up

Ayorinde Oluokun

1 year ago

In the statement issued in Abuja, the NAFDAC boss said the shit down of the market was a decisive move…
Stronger reserves and sweeping FX reforms are giving CBN room to stabilise the naira, protect investment flows and domestic production

Naira appreciates at official market

Ayorinde Oluokun

1 year ago

The Naira has enjoyed relative stability against the US dollar since Dec. 2024 following the introduction of the Electronic Foreign…
Cardoso

CBN unveils new FX code to reform forex market

Ayorinde Oluokun

1 year ago

Speaking at the event in Abuja, Cardoso said the FX Code would establish clear and enforceable standards for ethical conduct,…
NEITI

NEITI targets $6bn, N66bn recovery from Oil giants in transparency push

Kazeem Ugbodaga

1 year ago

Orji stated that NEITI is collaborating with the Economic and Financial Crimes Commission (EFCC) to recover the funds.
Investors gain N3.2trn as stock market rebounds

Nigerian Stock Market soars by N795bn on GTCO’s bold listing

Kazeem Ugbodaga

1 year ago

Consequently, the market capitalisation surged from N63.645 trillion to N64.440 trillion, while the All-Share Index rose by 0.79 per cent…
Steps to Open a Casino: What You Need to Know

Steps to Open a Casino: What You Need to Know

Ayorinde Oluokun

1 year ago

Opening a casino is a complex process. It requires careful planning and adherence to local laws. As a result, understand…
Zenith Bank

Zenith Bank secures N350.4 billion in rights Issue, public offer

Oluwapelumi Oluwayemi

1 year ago

In a statement released to the Nigerian Exchange (NGX) Group on Sunday, January 26, 2025, the Bank announced that it…
The Securities and Exchange Commission (SEC) has warned Risevest (Victoria Island) Cooperative Multipurpose Society Ltd. and Stecs (Alausa) Multipurpose Cooperative Society are not registered and therefore, not authorised to operate in the capital market.

SEC issues red alert on Risevest, Stecs cooperative societies

Ayorinde Oluokun

1 year ago

The commission hereby notifies the public that Risevest and Stecs are not registered to operate in any capacity in the…
UK chapter of APC joins the endorsement train of President Bola Tinubu for second term, plans mega rally to celebrate the president.

Group hails Tinubu for attracting $6.7bn investment to energy sector

Ayorinde Oluokun

1 year ago

While describing the achievements in the energy sector as commendable, TMV in a statement signed by Mr Chukwudi Enekwechi its…
Lagos

Sanwo-Olu woos Indian businesses for Lagos

Paul Dada

1 year ago

He added that he was ready to provide the necessary support to facilitate the operation and profitability of their businesses.
The Securities and Exchange Commission (SEC) has warned Risevest (Victoria Island) Cooperative Multipurpose Society Ltd. and Stecs (Alausa) Multipurpose Cooperative Society are not registered and therefore, not authorised to operate in the capital market.

SEC warns against transactions with Risevest, Stecs Cooperative Societies

Oluwapelumi Oluwayemi

1 year ago

In a circular issued on Sunday, SEC clarified that neither entity is registered or authorised to operate within the Nigerian…
Ecobank

Design Week Lagos teams up with Ecobank, Ministry for 2025 exhibition

Oluwapelumi Oluwayemi

1 year ago

Hannatu Musa Musawa, Minister of Art, Culture, Tourism, and the Creative Economy, stated: “This exhibition offers a distinctive avenue for…
Meta activates major Facebook update worldwide

Zuckerberg: Meta to invest up to $65bn in 2025 to drive AI ambitions

Ayorinde Oluokun

1 year ago

Meta Platforms on Friday announced that the company plans to invest between $60 billion and $65 billion in 2025 to…
Kano State Investment Promotion Agency (KANINVEST) has signed a Memorandum of Understanding (MoU) with STATA Power Utility Nigeria Limited on implementation of customized gas programme in the state.

Kano govt, company sign $15m customized gas deal

Ayorinde Oluokun

1 year ago

Speaking at the signing of the MoU at KANINVEST headquarters in Kano on Friday, the Director General of the agency,…
UBA

UBA set to host Webinar on 2024 Withholding Tax Regulations for SMEs

Kazeem Ugbodaga

1 year ago

This initiative is part of UBA’s Knowledge Series, a platform designed to provide business leaders and professionals with actionable insights…
9mobile

9mobile backs NCC’s 50% tariff hike, promises better connectivity for Nigerians

Kazeem Ugbodaga

1 year ago

The tariff adjustment, following extensive consultations, is seen as a balanced response to rising operational costs caused by inflation, soaring…
Nigeria's VP Kashim Shettima seeks partnership with World Economic Forum (WEF) on the development of African Atlantic Gas Pipeline (AAGP)

Shettima seeks global partnership on African Atlantic Gas Pipeline

Ayorinde Oluokun

1 year ago

Shettima spoke during a bilateral meeting with President of WEF, Mr Børge Brende, on the sidelines of the ongoing annual…
From left: Divisional Head, Treasury & International Banking, First City Monument Bank (FCMB), Mr. Gerald Ikem; Managing Director of the Bank, Yemisi Edun; Deputy Chief Executive Officer of Proparco, Djalal Khimdjee and Global Head of Lending Operations, Riedel Drouin, during the signing of the three agreements on January 20, 2024. Photo credit: Proparco

Women-Led Businesses, Agriculture to Benefit from $35m FCMB Deal

Ayorinde Oluokun

1 year ago

With Nigeria aiming for accelerated economic growth, partnerships like this one between Proparco and FCMB are pivotal. These efforts drive…
Emmanuel

The Tonic Technologies (Cardtonic) welcomes new CEO: Meet Emmanuel Sohe

Kazeem Ugbodaga

1 year ago

Emmanuel brings not just vision but also a dynamic presence to The Tonic Technologies, ensuring that it remains at the…
Telecom

NCC’s 50% tariff hike: MTN, Airtel, Glo, 9mobile roll out costlier data plans

Kazeem Ugbodaga

1 year ago

For MTN, the price for 25GB of data now stands at ₦9,750, up from the previous ₦6,500. Similarly, 10GB, 5GB,…
Investors gain N3.2trn as stock market rebounds

Market gains N472bn as investors react to NCC’s tariff hike

Ayorinde Oluokun

1 year ago

Investors’ buy interest in MTN Nigeria, alongside tier-one banking stocks namely, Guaranty Trust Holding Company (GTCO), Zenith Bank, Access Corporation,…
Casio

Casio Scientific Calculators earn SON certification for Nigerian market

Kazeem Ugbodaga

1 year ago

Casio said the certification demonstrated its commitment to supporting mathematics education in Nigeria.
AGMC

AGMC, CNCEC seal deal for game-changing $20bn Ogidigben Gas Park in Delta

Kazeem Ugbodaga

1 year ago

The partnership follows discussions at the 2024 Forum on China-Africa Cooperation (FOCAC), where African leaders, including Nigeria’s President Bola Ahmed…
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