Business

20 New millionaires to emerge in FCMB Promo

Kazeem Ugbodaga

1 year ago

In the last season, FCMB awarded 2,310 customers cash prizes and 14,780 consolation prizes, totalling 17,080 winners. The Promo remains…

Uganda, Egypt forge Pharmaceutical ties at AfriSummit 2024

Kazeem Ugbodaga

1 year ago

During the meeting, the Ugandan side expressed deep admiration for Egypt’s advancements in the pharmaceutical industry, as well as its…

‘West Africa is no Pawn’: Tinubu sends strong message to global powers

Kazeem Ugbodaga

1 year ago

Tinubu articulated his administration’s vision for Nigeria, highlighting the country’s recent economic strides. He revealed that Nigeria’s Gross Domestic Product…

‘Port Harcourt Refinery working effectively’, Nigerian Society of Chemical Engineers tackles critics

Ayorinde Oluokun

1 year ago

ational President of the Association, Mr Tony Ogbuigwe, who said this in an interview, declared that chemical engineers who are…

CBN restructures: 1,000 staff set for retirement in N50 billion shakeup

Kazeem Ugbodaga

1 year ago

At least 860 staff members have already applied for the package, which includes financial incentives, financial planning, and entrepreneurial capacity-building…

Africa’s maritime sector requires innovative financing – NIMASA DG

Ayorinde Oluokun

1 year ago

Mobereola, who stated this while speaking at the 7th Association of African Maritime Administrations (AAMA) conference in Dar es Salaam,…

CBN launches new website

Paul Dada

1 year ago

“Please follow our different social media channels linked on the website’s home page for more updates,” she said.

Fintech: No investor will lose funds, SEC assures

Paul Dada

1 year ago

“The future of investment in Nigeria will likely be driven by the continued rise of technology, young investors, and evolving…

Nigeria, France sign historic MOU to boost critical Minerals Value Chain

Kazeem Ugbodaga

1 year ago

In the Memorandum of Understanding (MOU) signed by both countries on the sidelines of the official visit to France by…

FG disburses N738.8m presidential grant to 14,776 Ebonyi business owners

Paul Dada

1 year ago

“The registration has started and this is for everybody so long as you have business doing; go online if you…

Oborevwori excited as FG disburses N1.2bn grants, loan in Delta

Ayorinde Oluokun

1 year ago

In his opening remarks, the State Focal Person for the Scheme, Dr Isioma Okonta, thanked the Federal Government for the…

Cardoso: Report difficulties in withdrawing cash from ATMs, banks to CBN

Ayorinde Oluokun

1 year ago

Cardoso, who spoke during the 2024 annual bankers dinner in Lagos organised by the Chartered Institute of Bankers of Nigeria…

How govt can foster financial inclusion through fintech in rural areas – Okey-Ejieke

Paul Dada

1 year ago

To foster rural financial inclusion despite low literacy levels, the country can adopt digital financial solutions like USSD-based banking and…

How Tinubu reacted to Okonjo-Iweala’s re-appointment as WTO DG

Kazeem Ugbodaga

1 year ago

The Nigerian leader, in a statement issued by Presidential spokesman, Bayo Onanuga on Friday, noted with delight that Okonjo-Iweala's unanimous…

Zenith Bank unveils Paris branch in grand style

Kazeem Ugbodaga

1 year ago

The event was graced by notable figures, including the Governors of Kwara, Lagos, Ogun, and Enugu States: AbdulRahman AbdulRazaq, Babajide…

GT Bank sends important message to all customers

Michael Adesina

1 year ago

Guaranty Trust Bank (GT Bank) has issued a heartfelt apology to its customers who have been experiencing unwarranted delays in…

NGX suffers ₦209bn blow as investors react to CBN rate hike

Kazeem Ugbodaga

1 year ago

The market breadth closed negative, with 26 stocks declining while 23 gained. JohnHolt led the losers’ chart with a 10%…

Access Bank completes acquisition of Standard Chartered in Angola, Sierra Leone

Kazeem Ugbodaga

1 year ago

Ogbonna also revealed that ongoing transactions would see Access Bank acquire Standard Chartered Bank’s subsidiaries in Cameroon and The Gambia,…

NNPCL Delivers: Nigerians cheer Port Harcourt Refinery revival, eye cheaper fuel

Kazeem Ugbodaga

1 year ago

The Nigerian National Petroleum Company Limited (NNPC Ltd.) confirmed the refinery's reactivation through its spokesperson, Olufemi Soneye, announcing that the…

UK visa services in Nigeria now via VFS Global

Taiwo Okanlawon

1 year ago

As a partner to UK Visas and Immigration since 2003, VFS Global offered visa services in 58 countries before the…

Why CBN’s MPC continuous hike of interest rate is troubling – CPPE

Ayorinde Oluokun

1 year ago

By Grace Alegba The Centre for the Promotion of Private Enterprise (CPPE) has warned the continued rate hikes by the…

NNPC Ltd opens up on products being produced at rehabilitated Port Harcourt Refinery

Ayorinde Oluokun

1 year ago

According to the statement, the the Old Port Harcourt Refinery that was revamped on Tuesday is currently operating at 70…

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…

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