Business

Cardoso: My team determined to change narrative about CBN

Ayorinde Oluokun

2 years ago

Cardoso said at the end of his tenure as CBN governor, he wants to look back and see that the…

Is MultiChoice’s latest price review avoidable?

Kazeem Ugbodaga

2 years ago

There is no bigger victim of the cost-of-living crisis between the business and the consumer. MultiChoice, StarTimes and every other…

‘Why Naira regained strength at Foreign Exchange market’

Kazeem Ugbodaga

2 years ago

Gwadabe urged the management of CBN to continue to make clarifications and implement some of the association’s recommendations in charting…

Forex: Dangote repatriates $687.9m from pan-African operations to Nigeria

Ademola Adegbamigbe

2 years ago

Management of Dangote Industries Limited (DIL), today, revealed that the company had so far repatriated over USD576,008,672.41 through various banks…

Seven Up introduces new brands: Hydr8 100, D’Vybe

Kazeem Ugbodaga

2 years ago

The exclusive launch which took place during a 2-day "Jolibration'' launch event, held in the heart of Lagos had in…

BUA behind allegation of illegal forex exchange deals against us – Dangote

Ademola Adegbamigbe

2 years ago

Management of Dangote Industries Limited (DIL) has refuted allegations that it engaged in illegal foreign exchange deals, warning those peddling…

Abiodun calls for collaboration with UNDP on Energy Transition, ICT, Housing, others

Kazeem Ugbodaga

2 years ago

Speaking while receiving the UNDP Country Representative in Nigeria, Mohamed Yahya, in his Abuja office, Abiodun disclosed that those sectors…

Lagos inaugurates International Financial Centre Council

Kazeem Ugbodaga

2 years ago

Addressing the press at the Lagos House, Ikeja, Sanwo-Olu, who will Chair the Council emphasised that the key objective of…

Shaping Tomorrow: The RoundTable event by Kennedy Ekezie returns for 2nd edition

Michael Adesina

2 years ago

Unlike traditional conferences, The RoundTable focuses on humanizing the learning journey, offering a unique platform for professionals, entrepreneurs, creatives, young…

Company unveils plans to invest $100m in Edo

Ayorinde Oluokun

2 years ago

He explained that the investment would be targeted at five aspects of production, beginning with acquisition of 15,000 hectares of…

Zenith Bank posts N505 billion Profit after Tax in third quarter of 2023

Kazeem Ugbodaga

2 years ago

According to the bank's unaudited third quarter financial results presented to the Nigerian Exchange (NGX), the triple-digit growth in the…

Sanwo-Olu pledges collaboration with UN Women on procurement

Kazeem Ugbodaga

2 years ago

The governor, who was represented at the event by the Commissioner for Finance, Yomi Oluyomi, said his administration was ready…

LIRS shuts 34 companies over tax defaults

Kazeem Ugbodaga

2 years ago

Alade reported that the tax liabilities of these companies and hotels amounted to more than N356.12 million.

Lagos Assembly approves re-ordering of N761.218bn from 2023 budget

Kazeem Ugbodaga

2 years ago

The reordering was sequel to the letter sent to the House by the state Governor, Mr. Babajide Sanwo-Olu seeking authorisation…

Lagos seals $1.35bn investment deal with Afreximbank, Access Bank

Kazeem Ugbodaga

2 years ago

Sanwo-Olu said the $1.35 billion investment would facilitate five major infrastructure projects in the state.

LandWey delivers another batch of new homes to customers

Kazeem Ugbodaga

2 years ago

Olawale Ayilara, the Group Managing Director of LandWey, added that the company is renowned for delivering eﬃcient, high-value services, as…

Local production, reduced importation will strengthen Naira – Expert

Isa Isawade

2 years ago

“We are not producing anything, and the only thing that can help the Naira to stabilise is when we produce…

Access Bank moves to drive sustainable development in Nigeria, Africa

Kazeem Ugbodaga

2 years ago

The Desk is a fall out of the development banking team which has the responsibility of managing Non-Profit organisations and…

AfDB, partners vote additional $1bn to fund SAPZs in Nigeria

Ayorinde Oluokun

2 years ago

The $I billion was is in addition to the initial $520 million voted by the development partners for the development…

Business cabals are the people holding Nigeria’s economy down – Lai Omotola

Kazeem Ugbodaga

2 years ago

Omotola stated that most likely, they only needed $1 million, but that they would collect $10 million, adding that they…

Senate probes N11.3 trillion rehabilitation contracts for ‘dead’ refineries

Ayorinde Oluokun

2 years ago

While presenting the motion earlier, Karimi said state owned refineries in Nigeria had been a serious drain pipe of public…

Tinubu receives ‘Quick Win Report’ on Fiscal Policy and Tax Reforms

Kazeem Ugbodaga

3 years ago

In his prayers to the President, Oyedele, among others, called for an emergency economic intervention bill (Executive Bill) and the…

Sanwo-Olu inaugurates Automobile Assembly Plant, first 2,000 cars hit market

Kazeem Ugbodaga

3 years ago

Already, 2,000 units of brand new GAC vehicles had been successfully assembled in Lagos ahead of the formal opening of…

Reps invite CBN governor over lifting of forex restriction on 43 items

Ayorinde Oluokun

3 years ago

Moving the motion, Soli recalled that the CBN imposed the restrictions in June 2015 to conserve the foreign exchange reserves…

Customers plan protest; reject Patricia’s offer to convert debt to equity

Michael Adesina

3 years ago

Customers of Nigeria’s crypto trading company, Patricia Technologies, have kicked against the company's move to convert their assets into equity…

Dangote Cement hosts a Sustainable Living Fair today in Ikoyi, Lagos

Ademola Adegbamigbe

3 years ago

Dangote Industries Limited (DIL), and its subsidiaries prepared very big for the sustainability week, which started effectively on Monday 23rd…

Tinubu to Dangote: You are doing well, keep investing in Nigeria

Ademola Adegbamigbe

3 years ago

The Dangote Group yesterday received a significant accolade from President Bola Ahmed Tinubu, who expressed Government’s position over the company’s…

FG launches 3MTT Learning Community in Partnership with IHS Nigeria

Kazeem Ugbodaga

3 years ago

The partnership is worth N1 billion and will facilitate the setting up of learning communities in Nigeria’s 36 states and the…

Nigerian Company launches production line for UAVs, drones, others

Ayorinde Oluokun

3 years ago

"By assembling and producing these drones locally, Elites Logistics & Development Services Ltd aims to provide a swifter response to…

Crucial plans are underway to improve foreign exchange liquidity – Tinubu

Kazeem Ugbodaga

3 years ago

The President said the construction of megacities in every geopolitical zone of the size and scale of Lagos must not…

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