Business

Nigerian banks resilient despite economic pressures – CBN

Oluwapelumi Oluwayemi

1 year ago

CBN Governor, Mr. Yemi Cardoso, disclosed this in Abuja on Tuesday during the presentation of a communiqué from the 298th…

Excited by revival of Port Harcourt refinery, Tinubu directs NNPCL to expedite action on other refineries

Ayorinde Oluokun

1 year ago

The President gave the order while expressing his excitement over the successful revitalization of the Port Harcourt refinery, marked by…

CBN continues monetary policy tightening, raises interest rate by 25 basis points

Ayorinde Oluokun

1 year ago

The Governor of the CBN and Chairman of the MPC, Yemi Cardoso, announced the raise on Tuesday in Abuja, while…

FirstBank to hosts Inaugural China-Africa Interbank Association Forum

Michael Adesina

1 year ago

Commenting on the forum, Mr. Olusegun Alebiosu, CEO of FirstBank Group, said, “We are honoured to host this pivotal event…

Katsina Governor Radda unveils N682bn ‘Budget of Consolidation’ for 2025

Kazeem Ugbodaga

1 year ago

Key allocations include: Education: N95.99 billion (14%), Agriculture & Livestock Development: N81.84 billion (12%), Works, Housing & Transport: N69.68 billion…

Tinubu promises stronger economic future as third quarter GDP surpasses expectations

Kazeem Ugbodaga

1 year ago

The proposed tax reforms are also part of the administration’s efforts to reduce the tax burden on small businesses and…

Nigeria’s GDP surges to 3.46% in third quarter of 2024, Services sector dominates

Kazeem Ugbodaga

1 year ago

In nominal terms, Nigeria’s GDP for Q3 2024 stood at ₦71.13 trillion, reflecting a year-on-year nominal growth of 17.26% from…

Expert cautions against further tightening of money policy rate

Ayorinde Oluokun

1 year ago

Ekechukwu, a former president of the Abuja Chamber of Commerce and Industry, spoke against the backdrop of the 298th MPC…

We offer loans to petty business owners without collaterals – Fasuyi

Ayorinde Oluokun

1 year ago

Option Financial Services (OFS), founded by Habeeb Fasuyi (a distinguished entrepreneur and founder/chairman of a diverse group of companies in…

“Don’t do it” – Expert cautions CBN against further hike in interest rate

Paul Dada

1 year ago

According to him, for the first time in many months, both core and food inflation went up last month.

Nigeria partners Brazil to revolutionise Agriculture with $4.3bn Investment

Kazeem Ugbodaga

1 year ago

The MoU was signed on behalf of the government by the Permanent Secretary of FMAFS, Mr Temitope Fashedemi, and the…

Stakeholders lament rice price surge despite tax waiver

Isa Isawade

1 year ago

“The festive season is just a few days away and to be realistic, we do not know what the price…

Kehinde Thomas: Building a Legacy Through Consistency and Faith

Taiwo Okanlawon

1 year ago

Among the men who still walk the face of the earth and have built good habits—blocks of discipline, which is…

NDIC issues important notice to Heritage Bank depositors

Oluwapelumi Oluwayemi

1 year ago

NDIC Managing Director, Alhaji Bello Hassan, provided the reassurance on Saturday during the 2024 edition of the NDIC Editors Forum…

Firm unveils opportunities in financial market

Paul Dada

1 year ago

The Growth Manager Weltrade Jeremiah Okey-Ejieke, said the seminar was an opportunity for Nigerians to learn how to trade and…

Tinubu seeks Global Investment to transform Nigeria’s Livestock Sector

Kazeem Ugbodaga

1 year ago

Speaking in Rio de Janeiro, Brazil, on Thursday during the signing of a Letter of Intent between the Nigerian Government…

Gov. Bago strikes $5bn sugar deal to transform Niger economy

Ayorinde Oluokun

1 year ago

Bago said this during the signing of the MoU by the Niger Foods and Uttam Sucrotech International Ltd., a consortium…

Boost for Nigeria’s oil sector as NNPCL’s Utapate Crude hits global market

Kazeem Ugbodaga

1 year ago

The Utapate crude oil blend has garnered positive feedback in the global market due to its premium qualities. Operated jointly…

Nigeria’s Banks mobilise N1.7 trillion for Capital boost via digital platform

Kazeem Ugbodaga

1 year ago

With a cumulative target of N4.14 trillion, the recapitalisation effort has a March 31, 2026, deadline. The initiative aims to…

Naira dips further, trades at N1,687.52 in Official Market

Kazeem Ugbodaga

1 year ago

Data from the FMDQ Exchange revealed the loss in value occurred alongside a surge in daily turnover, which rose to…

NNPCL slams Dangote Refinery’s legal action, demands case be thrown out

Kazeem Ugbodaga

1 year ago

Popoola argued that the NNPCL, as named in the lawsuit, was not a legal entity and thus could not be…

UBA releases important update that could affect customers: Read it now

Kazeem Ugbodaga

1 year ago

In a message sent to customers on Wednesday, UBA stated that in line with a directive from the Central Bank…

FCMB partners EStars to bring Esports Education to Nigerian Schools

Kazeem Ugbodaga

1 year ago

First City Monument Bank (FCMB) is working with EStars to bring esports education to Nigerian schools. They want to introduce…

Police exit from contributory pension huge risk – PenOp

Ayorinde Oluokun

1 year ago

Mr Oguche Agudah, the Chief Executive Officer of PenOp, voiced the concern on Tuesday in Abuja during a public hearing…

UBA to empower MSME’s with wealth management strategies at ‘Built to Last’ Series

Kazeem Ugbodaga

1 year ago

Renowned leaders from diverse industries, including a prominent lawyer, award winning film director, and producer, Bolanle Austen-Peters whose work has…

Tinubu seeks Senate’s swift approval of 2025–2027 MTF/FSP

Ayorinde Oluokun

1 year ago

In a letter addressed to the President of the Senate, Godswill Akpabio, Tinubu said that the MTEF/FSP had been approved…

CBN exposes rise in fake SWIFT messages linked to Transfer claims

Kazeem Ugbodaga

1 year ago

Additionally, the CBN reiterated that it does not provide correspondent banking services for Nigerian banks or maintain accounts for private…

Tinubu seeks $2.2bn Loan to Bridge massive 2024 Budget deficit

Kazeem Ugbodaga

1 year ago

In addition to the loan request, Tinubu submitted the 2025–2027 Medium-Term Expenditure Framework and Fiscal Strategy Paper to the National…

Edun credits Tinubu’s reforms for stopping economic bleeding

Kazeem Ugbodaga

1 year ago

This, in turn, he said, would enable greater investment not only in infrastructure but also in essential social services such…

Zenith, UBA, Oando power NGX gains as Market Capitalisation climbs

Kazeem Ugbodaga

1 year ago

The positive performance was driven by increased interest in top equities such as Zenith Bank, United Bank for Africa (UBA),…

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