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Business

Fear mounts over possible electricity tariff hike as FG raises gas price

Paul Dada

2 years ago

The statement said the development  was in line with Section 167, the Third and Fourth Schedule of the PIA 2021,…
Lagos State Waterways Monitoring and Data Management Centre (WMDMC) Control Room

What Lagos is planning for its water transportation – Commissioner

Isa Isawade

2 years ago

Osiyemi said the government was already working on boosting its water transportation "by creating safer, efficient, and sustainable strategies which…
FG lauds Olam Agri's strong investment in rice Value Chain, CSR

FG lauds Olam Agri’s strong investment in rice Value Chain, CSR

Kazeem Ugbodaga

2 years ago

The Minister, who visited the Olam Agri Rice Farm in the company of Nasarawa State Deputy Governor, Dr Emmanuel Akabe…
CBN

CBN reports over $1.5bn forex inflow into Nigeria’s economy

Ayorinde Oluokun

2 years ago

The CBN spokesperson also noted that the naira has also continued to record gains in the Autonomous Foreign Exchange market,…
Access Holdings Plc unveils plans to raise up to $1.5 billion less than 24 hours after the CBN raises minimum capital requirement for banks

Access Holdings unveils plan to raise $1.5bn capital

Ayorinde Oluokun

2 years ago

The announcement came less than 24 hours after the Central Bank of Nigeria (CBN) announce increase in the minimum capital…

Report of board dissolution is fake news – BEDC

Paul Dada

2 years ago

The BEDC Electricity Plc management therefore enjoined its staff members to remain steadfast in their duties and should continue giving…
Cardoso

CBN increases minimum capital base for commercial banks to ₦500bn

Taiwo Okanlawon

2 years ago

Cardoso, who assumed office two months earlier, had said commercial banks in the country would be directed to increase their…
Governor Sanwo-Olu pledges support for Lagos women entrepreneurs

Sanwo-Olu pledges support for Lagos women entrepreneurs

Oluwapelumi Oluwayemi

2 years ago

Speaking further, the Governor said his government has long recognized the pivotal role women entrepreneurs and professionals play in the…
Why we’re disbursing ₦300 million to MSME Edo govt

Edo govt unveils plan to disburse ₦300m to MSMEs

Ayorinde Oluokun

2 years ago

Obaseki, who said the loan was part of the social transfer scheme to empower residents in the State, added that…
Naira

Dollar crumbled before Naira at official market

Kazeem Ugbodaga

2 years ago

It appreciated by N82.52 to reach N1,300 per dollar, compared to N1,383 recorded on Tuesday.
CBN

JUST IN: CBN jacks up interest rate to 24.75%

Kazeem Ugbodaga

2 years ago

The apex bank hikes the rate from 22.75 percent to 24.75 per cent. The bank had earlier in February raised…
CBN

CBN approves sales of $10,000 to BDC at N1,251/$1

Kazeem Ugbodaga

2 years ago

The apex bank directed the BDCs to sell to eligible users at a spread of not more than 1.5 per…
MTN Nigeria Communications Plc generates N1.0 trillion in service revenue in first quarter of 2025, a 40.5 per cent increase from Q1 2024.

Copyright violation: NCC drags MTN, 4 others to court

Ayorinde Oluokun

2 years ago

NCC alleged that the defendants, between 2010 and 2017 “offered for sale, sold and traded for business’’, infringed the musical…
Don urges FG to sustain clampdown on currency speculators

Naira appreciation: Don urges FG to sustain clampdown on currency speculators

Isa Isawade

2 years ago

The Central Bank of Nigeria (CBN) together with anti-graft agencies, has come hard on illegal Bureaux de Change operators in…
Founder/CEO of Flybird Aircraft, Ahmed Borodo

Ahmed Borodo set to revolutionize aviation training in Nigeria

Taiwo Okanlawon

2 years ago

Borodo places a strong emphasis on character development and leadership skills. He believes that instilling values such as integrity, resilience,…
EFCC

Why banks fail – EFCC boss

Paul Dada

2 years ago

He called for stronger collaboration with the EFCC, maintaining that the Commission has always been of tremendous help to the…
How we will unlock capital investments, transform business models - Tinubu

How we will unlock capital investments, transform business models – Tinubu

Kazeem Ugbodaga

2 years ago

Highlighting the importance of compliance within the sustainability agenda, President Tinubu pledged that Nigeria would continue to adhere to international…
This article delves into strategies to harness these indicators effectively, enhancing trading decisions in the vibrant Nigerian market.

Strategies for Leveraging Nigerian Economic Indicators in Index Trading

Ademola Adegbamigbe

2 years ago

Nigeria's dynamic economy presents a unique landscape for index traders. With its rich resources, evolving market structures, and pivotal role…
Cardoso

CBN resolves outstanding FX backlog, as external reserves jump to $34.11bn

Kazeem Ugbodaga

2 years ago

According to the CBN, it employed Deloitte Consulting, an independent auditing firm, to meticulously assess the transactions, ensuring that only legitimate…
The Oredo Local Government Council in Edo State launches a tripartite investment initiative to boost its operational sustainability.

Edo LG launches business support, investment facilitation office

Ayorinde Oluokun

2 years ago

The initiative is anchored on three components including the Oredo-Socio Environmental Impact Initiative which is expected to focus on environmental…

Chairman OH Mobility’s, Liasu Akindele leads crusade for reliable power access in Nigeria

Taiwo Okanlawon

2 years ago

Liasu Akindele's leadership is not just about steering OH Mobility towards commercial success; it's about leading a movement towards a…
L-R: Group Executive Director, Commercial Operations, Dangote Industries Limited, Fatima Aliko Dangote; Lagos State Permanent Secretary, Public Service Office, Office of the Head of Service, Sunkanmi Oyegbola; and Lagos State Commissioner for Commerce, Cooperative, Trade and Investment, Folashade Ambrose-Medebem, at a One-day Conference and Exhibition to commemorate World Consumer Rights Day 2024 organized by LASCOPA, sponsored by Dangote Industries Limited, in Lagos on Friday, March 15, 2024

For us, the consumer remains king – Dangote

Ademola Adegbamigbe

2 years ago

  The Group Executive Director, Commercial Operations of Dangote Industries Limited (DIL), Hajia Fatima Aliko Dangote, on Friday, lauded and…
Audullahi Saheed Mosadoluwa

Mosadoluwa leads Harmony Gardens’ innovation in Nigerian real estate

Taiwo Okanlawon

2 years ago

Harmony Gardens' dedication to excellence, integrity, and innovation distinguishes them in the competitive real estate market, offering customers a guarantee…
Ounje Eko

Lagos residents storm Surulere centre for discounted food

Isa Isawade

2 years ago

He said the state government paid 25 per cent of the cost of the food items while the shoppers paid…
Inflation

Stakeholders raise concern as Nigeria’s inflation rate rises to 31.70%

Isa Isawade

2 years ago

“Cost of living has become increasingly unbearable, crime has taken over the entire country, and investors are afraid to venture…
Deployment of AI must ensure fairness, transparency in dealing with consumers - LASG

Deployment of AI must ensure fairness, transparency in dealing with consumers – LASG

Kazeem Ugbodaga

2 years ago

Ambrose-Medebem added that the current administration had been proactive in implementing policies that not only encouraged the development of AI…
DMO dismisses report of appointment of Chapel Hill Denham as one of the Transaction Advisers for a potential one billion dollars Eurobond.

DMO speaks on Chapel Hill Denham, Nigeria’s $1bn Eurobond deal

Ayorinde Oluokun

2 years ago

While dismissing the report, the Director-General of the DMO, Patience Oniha said the appointment of Transaction Advisers for the issuance…
MainOne declares Force Majeure, says it was working to repair cuts in its cable system that has led to internet outages in Nigeria, others

Mainone: What we are doing to restore full internet services to Nigeria, others

Ayorinde Oluokun

2 years ago

“We are actively restoring services to the extent possible and mobilising a vessel for repairs and will update once there…
Nigeria's inflation zooms to 31.70% in February

Nigeria’s inflation zooms to 31.70% in February

Kazeem Ugbodaga

2 years ago

According to NBS, "In February 2024, the headline inflation rate increased to 31.70% relative to the January 2024 headline inflation…
AMCON, refuses to obey Supreme Court order halting it from taking possession of Best Western Hotel, a four star hotel at Allen Avenue, Lagos

AMCON refuses to obey Supreme Court judgment on Best Western Hotel, Lagos

Ayorinde Oluokun

2 years ago

Suru Worldwide Ventures Limited , owners of Best Western Hotel, had served on AMCON notice of its claim for compensation…
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