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Business

CBN

CBN introduces new metrics for economic growth and stability

Oluwapelumi Oluwayemi

2 years ago

During a session in Abuja on Friday with the Senate Committee on Banking, Insurance, and other Financial Institutions, CBN Governor…
Despite inflation, we'll complete outstanding residential projects 4th quarter of 2025 - LandWey

Despite inflation, we’ll complete outstanding residential projects 4th quarter of 2025 – LandWey

Kazeem Ugbodaga

2 years ago

According to the company: "At LandWey, we understand the critical importance of timely project completion and the trust our clients…
Mr. Chukwuma Nwanze, MD,CEO of Credit Direct Finance Company Limited, a member of FCMB Group Plc

FCMB Unit CEO Calls for Innovation and Resilience Amid Economic Challenges

Ademola Adegbamigbe

2 years ago

At the BusinessDay CEO Forum, Chukwuma Nwanze, MD/CEO of Credit Direct Finance Company Limited (Credit Direct), FCMB Group's consumer finance…
Online casino market in Nigeria is experiencing unprecedented growth, leveraging advancements in video game tech to attract new players.

Nigeria’s Online Casino Market Sees Growth Thanks to Video Game Tech

Ayorinde Oluokun

2 years ago

The burgeoning online casino market presents significant economic opportunities for Nigeria. The sector has the potential to generate substantial revenue…
AAAN’s 51st AGM/Congress begins in Ogun

AAAN’s 51st AGM/Congress begins in Ogun

Kazeem Ugbodaga

2 years ago

The three-day event, to be flagged off by the Governor of Ogun State, Prince Adedapo Abiodun, will also have in…
Senate

Senate reviews 2023 Finance Act to tax banks’ foreign gains

Kazeem Ugbodaga

2 years ago

Debating the amendment bills on Wednesday, Bamidele explained the intent of the proposed finance legislation, noting that it was designed…
Tinubu charges African leaders to combat illegal solid mineral exploitation

Tinubu charges African leaders to combat illegal solid minerals exploitation

Kazeem Ugbodaga

2 years ago

“We will lead the continent to self-realization on the value of our minerals and economic ingenuity, and this will occur…

Tinubu writes Senate, requests injection of N6.2trn into 2024 budget

Kazeem Ugbodaga

2 years ago

Tinubu explained that the appropriation act amendment bill sought to amend the principal act to provide the sum of N3,200,000,000,000…
Trading with binary in Quotex is a new fun way because Quotex is well known as a newcomer in Binary Options

Introducing Binary Options Trading to Beginner: Trade Quotex with Strategies!

Ademola Adegbamigbe

2 years ago

An Option is a financial derivative instrument that gives the right but not the obligation for the option holder to…
Margin trading allows you to borrow funds to trade larger positions, amplifying your potential gains (and risks)

Maximizing Profits in a Bear Market: How Margin Trading Can Help

Ademola Adegbamigbe

2 years ago

When trading crypto, bear markets are inevitable. Imagine riding high on your crypto investments, only to see the market take…
Henry Djaba's Lakeland Exploration Company set to invest $1bn in Guyana

Henry Djaba’s Lakeland Exploration Company set to invest $1bn in Guyana

Isa Isawade

2 years ago

Ghanaian businessman, Henry Djaba Jr., has confirmed that his company, Lakeland Oil and Gas International Trading and Supply Company Limited,…
Stronger reserves and sweeping FX reforms are giving CBN room to stabilise the naira, protect investment flows and domestic production

Naira depreciates against dollar at official market

Ayorinde Oluokun

2 years ago

Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market…
Lagos'll deepen relationship with India for human capacity building - Sanwo-Olu

Lagos’ll deepen relationship with India for human capacity building – Sanwo-Olu

Kazeem Ugbodaga

2 years ago

Sanwo-Olu, who commended the Indian companies in Nigeria for being the second largest employer of labour after the Federal Government,…
Stock Market

Equity market opens with N167bn profit gain

Kazeem Ugbodaga

2 years ago

Specifically, the market capitalisation, which opened at N56.441 trillion, gained N167 billion or 0.30 per cent to close at N56.608…
Oyo welcomes investors, eyes economic growth through entrepreneurship, innovation

Oyo welcomes investors, eyes economic growth through entrepreneurship, innovation

Kazeem Ugbodaga

2 years ago

In his words, "I encourage Sooyah Bistro to continue providing excellent services and creating opportunities for our citizens. I also…
Inflation moves up in Nigeria

Breaking: Nigeria’s inflation jumps to 34.19% in June

Kazeem Ugbodaga

2 years ago

According to NBS, In June 2024, the headline inflation rate increased to 34.19% relative to the May 2024 headline inflation…
NNPCL explains why it limited its equity stake in the Dangote Refinery to 7.5 per cent instead of the 20 per cent widely speculated.

NNPCL: Why we limited our investment in Dangote Refinery to 7.5%

Ayorinde Oluokun

2 years ago

NNPCL said its decision to reduce its investment in the refinery was well thought out.
Dangote

Dangote refinery, fertiliser company to be listed in Q1 2025

Ayorinde Oluokun

2 years ago

He noted that Dangote Industries Ltd. wanted to make sure that apart from domestic sales of its products, it would…
Lagos disburses N25bn as grants, loans to SMEs

Lagos disburses N25bn as grants, loans to SMEs

Kazeem Ugbodaga

2 years ago

According to Sanwo-Olu, “The Lagos State Employment Trust Fund over the past six years has given out close to twenty-five…
CBN

CBN’s aggressive monetary policy tightening and Nigeria’s economic growth

Ayorinde Oluokun

2 years ago

However, with inflation at above 33 per cent, according to National Bureau of Statistics, and interest rate at 26.25 per…
From left: A Past President of Rotary Club of Lagos, Senator Kola Bajomo; District Governor of Rotary Club, District 9112, Rotarian Femi Adenekan; President, Rotary Club of Lagos, District 9112, Mr. Adetunji Lamidi; Managing Director, First City Monument Bank (FCMB), Mrs. Yemisi Edun, and the Assistant Governor, District 9112, Rotarian Ehi Braimah, during the installation of Mr. Lamidi as the new President of Rotary Club of Lagos, District 9112. The event was held on July 6, 2024, in Lagos.

Microcredit: FCMB Supports Rotary Club of Lagos to Empower 200 Widows

Ademola Adegbamigbe

2 years ago

First City Monument Bank (FCMB) has announced its support for a service project by the Rotary Club of Lagos, District…

Lithuania-Based EERIV Europe Receives NTIA Award for Innovation in Student Mobility

Michael Adesina

2 years ago

EERIV Europe UAB, a Lithuania-based international education and consulting company, was honored at the Nigerian Tech and Innovator Awards (NTIA)…
FCMB hosts analyst, investors forum

FCMB hosts analyst, investors forum (Photos)

Ademola Adegbamigbe

2 years ago

Others at the event were the Executive Director, Coverage & Investment Banking, FCMB, Mr. Femi Badeji; Group Managing Director, Futureview…

Keystone Bank wins ‘Retail Bank of the Year 2024’ award

Taiwo Okanlawon

2 years ago

Keystone Bank is a technology and service-driven commercial bank offering convenient and reliable solutions to its customers.
Sanwo-Olu assures stakeholders of conducive business environment

Sanwo-Olu assures stakeholders of conducive business environment

Kazeem Ugbodaga

2 years ago

Speaking on the importance of the Lagos Corporate Assembly, the governor said the Assembly is a testament to his administration's…
Okorocha writes that there is nowhere in the Act where any other entity aside NNPCL is authorized to perform any regulatory function

‘Cooperate with NNPC to sanitize fuel distribution’, CSOs tell IPMAN, NUPENG, others

Ademola Adegbamigbe

2 years ago

The Coalition of Civil Society Groups for Good Governance, a key stakeholder in the Nigerian oil and gas industry has…
GTCO to raise N400.5bn capital through public offer

GTCO to raise N400.5bn capital through public offer

Kazeem Ugbodaga

2 years ago

Agbaje outlined the plan to issue nine billion ordinary shares of 50 kobo each at an offer price of N44.50…

Oluwatosin Olatujoye of Zylus Group International launches Retrust Microfinance Bank

Taiwo Okanlawon

2 years ago

The official launch of Retrust Microfinance Bank is expected to attract stakeholders, partners, government officials, and members of the public…
Dangote Refinery

We’ll commence petrol production this month – Dangote Refinery

Ademola Adegbamigbe

2 years ago

International financial analytics corporation, S&P Global, has described the 650,000 barrels per day (bpd) Dangote Oil Refinery and Petrochemicals company…
Sanwo-Olu charges young people to stay focused, shun peer pressure

Sanwo-Olu to host captains of industry Tuesday

Kazeem Ugbodaga

2 years ago

Omotoso said speakers for the event included eminent personalities like the Governor of Central Bank of Nigeria (CBN), Dr. Olayemi…
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