Business

Coca-Cola’s $1bn ‘audio’ investment a poisoned chalice, CAPPA warns

Paul Dada

2 years ago

We, therefore, call on the Nigerian government to prioritise the interests of Nigerians by shunning questionable associations with corporate lawbreakers…

Why FG should increase stake in Dangote refinery to 45% – PENGASSAN

Ayorinde Oluokun

2 years ago

Mr Festus Osifo, President, PENGASSAN, made the call on Tuesday while presenting a communique and recommendations from the 3rd edition…

Airtel Nigeria to explore solar power, others to reduce N28bn diesel expenditure

Ayorinde Oluokun

2 years ago

Airtel with over 15,000 sites across Nigeria, each equipped with at least one diesel generator, currently consumed 22 million litres…

Breaking: CBN jacks up interest rate to 27.25%, as CRR for deposit banks hits 50%

Kazeem Ugbodaga

2 years ago

In addition to the MPR hike, the MPC also voted to raise the Cash Reserve Ratio (CRR) for Deposit Money…

Kosofe Economic Dialogue 2024: Experts to tackle Commerce and Industry Challenges

Kazeem Ugbodaga

2 years ago

Femi-Dagunro, a former Vice President for Africa at Riedel Glasswork GmbH in Austria, emphasized the Chamber’s mission to unify and…

Fidelity, UBA lead gains as NGX adds N79bn to market value

Kazeem Ugbodaga

2 years ago

Leading the gainers' chart were FCMB and McNichols, both of which gained 10% to close at N8.89 and N1.87 per…

PalmPay launches USSD service

Paul Dada

2 years ago

PalmPay plans to expand further in the region and other emerging markets.

Construction of $3.5bn Bakassi Deep Seaport begins soon – ICRC

Ayorinde Oluokun

2 years ago

The ICRC D-G who said the construction of the $3.5bn Bakassi Deep Seaport would commence under the administration of Gov.…

FCMB, Tulsi Chanrai restore vision for 150,000 in Kebbi State

Oluwapelumi Oluwayemi

2 years ago

Group Head of Corporate Affairs at First City Monument Bank, Diran Olojo, emphasized the Bank's dedication to creating an inclusive…

Big lie! Nigeria rebukes Bloomberg for inaccurate report on debt servicing

Kazeem Ugbodaga

2 years ago

Onanuga also cited the Director General of the Debt Management Office, Ms. Patience Oniha, who confirmed that, as of September…

Senator Oluremi Tinubu rolls out N50M for 1,000 women petty traders in Lagos

Kazeem Ugbodaga

2 years ago

The initiative is designed to provide financial support for small and medium enterprises (SMEs), with a particular focus on petty…

Nigeria’s LNG ambitions rekindled: NNPCL moves to revive stalled projects

Kazeem Ugbodaga

2 years ago

Both multi-billion-dollar projects had previously been put on hold due to unfavorable market conditions and delays in decision-making by political…

USPTO Grants Federal Trademark Registration to FinServe Pro

Michael Adesina

2 years ago

The United States Patent and Trademark Office (USPTO) has granted federal trademark registration to FinServe Pro, a Maryland-based financial services…

Coca-Cola pledges $1bn investment in Nigeria as Tinubu vows robust financial reforms

Kazeem Ugbodaga

2 years ago

The President made the commitment on Thursday in Abuja, as the Coca-Cola Company announced plans to invest $1 billion in…

Exciting new experiences await you: Learn more about the WOW promo!

Michael Adesina

2 years ago

How many opportunities to say WOW does a person get in their lifetime? It's a philosophical question with a unique…

Seven facts to aid understanding of current PMS pricing – Group

Ademola Adegbamigbe

2 years ago

The Yoruba Stakeholders Assembly has addressed what it called the recent misinformation surrounding the pricing of Premium Motor Spirit (PMS)…

Boeing hit with first strike in 15 years, thousands of employees to be furloughed

Kazeem Ugbodaga

2 years ago

Boeing and the International Association of Machinists and Aerospace Workers (IAM) have engaged in two days of talks with federal…

Nigeria eyes top spot in $7.7 trillion Halal Market, says Shettima

Kazeem Ugbodaga

2 years ago

Shettima praised the private sector, particularly the financial industry, for its contributions to the development of Nigeria’s halal economy.

Lagos GDP soars: Sanwo-Olu attributes success to strategic economic initiatives

Kazeem Ugbodaga

2 years ago

The Governor also reiterated his administration’s commitment to further enhancing the State’s economy, fostering a conducive environment for businesses to…

Keystone Bank announces New Board, Executive Directors’ appointments

Kazeem Ugbodaga

2 years ago

Lady Ada Chukwudozie is a prominent figure in Nigeria’s corporate sector, with nearly 30 years of experience in business strategy,…

Beans: When common food slips beyond common people in Nigeria

Isa Isawade

2 years ago

He explained that one of the reasons behind the high cost was the drop in beans production last year.

NNPC Ltd/TotalEnergies’ $550m Ubeta gas project takes off – Aide

Ayorinde Oluokun

2 years ago

Recall that the signing ceremony of the 550 million dollars Final Investment Decision (FID) on the Ubeta Field Development Project…

Why Crisis Between NNPC, Dangote Refinery Persists

Ademola Adegbamigbe

2 years ago

Concerns are beginning to mount in Nigeria's energy sector as Dangote Refinery, the highly-anticipated facility seen as a game-changer for…

How Jodip Gold Limited became a force to reckon with in mining industry – Ajefu Joseph

Taiwo Okanlawon

2 years ago

Jodip Gold Limited has engaged in several corporate social responsibilities that include the construction of roads, distribution of palliatives to…

Isimi Lagos: The peaceful oasis you’ve been dreaming of

Kazeem Ugbodaga

2 years ago

The beauty of Isimi Lagos goes beyond its aesthetics. Its vision is to grow what its community consumes, fostering a…

Inflation rate drops to 32.15%

Paul Dada

2 years ago

In its latest report, the NBS said the August 2024 headline inflation rate showed a decrease of 1.25% points.

‘N950.22 in Lagos, N1,019.22 in Borno,’ NNPC unveils new prices of petrol

Ayorinde Oluokun

2 years ago

Chiejina, while failing to tell Nigerians the price at which the refinery sold its fuel to the NNPC Ltd., said…

“If the price isn’t N898, then what is it?” NNPC tackles Dangote Refinery on petrol price

Ayorinde Oluokun

2 years ago

NNPC made the challenge following denial of earlier claim of the company that the petrol now being trucked out from…

Ogun Assembly approves 2025-2027 Medium Term Expenditure Framework

Kazeem Ugbodaga

2 years ago

By Adejoke Adeleye The Ogun State House of Assembly has approved the 2025-2027 Medium Term Expenditure Framework (MTEF), which was…

Real story behind Ogun rice project (Video)

Paul Dada

2 years ago

The Ogun State Government may have received accolades for the rice project at Magboro in Obafemi-Owode Local Government Area

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