Business

Cardoso: 14 banks have fully met new capital requirement

Ayorinde Oluokun

7 months ago

In the current recapitalisation exercise, commercial banks with international authorisation now have a new capital requirement of N500 billion.

Keystone Bank empowers women with vocational skills in Ondo

Michael Adesina

7 months ago

As part of its commitment to social impact and community, development, Keystone Bank Limited has commenced the 2025 Employee Volunteering…

CBN slashes Interest Rate to 27% in bold move to stimulate Economy

Kazeem Ugbodaga

7 months ago

The current adjustment reflects the CBN's cautious approach to balancing inflation control with economic growth stimulation.

Global Relocation Academy onboards 100 Affiliate Partners in Landmark Masterclass

Kazeem Ugbodaga

7 months ago

“This program isn’t just about generating income; it’s about creating impact,” said Daniel Saviors, Co-founder of GRA.

Nigeria’s GDP soars by 4.23%

Paul Dada

7 months ago

“Following the rebasing of the GDP using 2019 as the new base year, previous quarterly GDP estimates were benchmarked to…

Naira strengthens to N1,497/$ as CBN begins key interest rate talks

Femi Fabunmi

7 months ago

Some Fed officials, including Governor Stephen Miran, had pushed for a deeper 50 basis point cut. His upcoming speech could…

FirstBank, Lagos join forces for historic E1 Powerboat championship

Kazeem Ugbodaga

7 months ago

Positioned at the start of the year’s final quarter, the championship also ties into FirstBank’s DecemberIssaVybe campaign, an annual initiative…

Shoprite finally takes decision on leaving Nigeria

Femi Fabunmi

7 months ago

said the old style of running large stores and depending on imports no longer works because of inflation, unstable exchange…

Court stops NUPENG, trucking union from striking, picketing Dangote Refinery

Isa Isawade

7 months ago

The presiding Judge, Emmanuel Danjuma Subilim, ruling on an ex parte application filed by Dangote Refinery’s counsel, George Ibrahim (SAN),…

RMAFC enhances oversight with new monitoring body

Paul Dada

7 months ago

“The Central Bank Monitoring Committee (CBMC) was created in February 2021 following the need to develop processes to closely monitor…

NGX Weekly: Investors gain N822bn as market capitalisation hits N89.744 trillion

Ayorinde Oluokun

7 months ago

Forty equities appreciated in price during the week, lower than 70 equities in the previous week.

Edo-Scotland Business Partnership Summit: A Bridge to Mutual Prosperity – Oboh-Macleod

Michael Adesina

7 months ago

The Governor of Edo State, Senator Monday Okpebholo, has led a high-powered delegation to Glasgow, Scotland, for the Edo State…

Seplat unveils $3bn 5-year growth plan

Ayorinde Oluokun

7 months ago

As part of its strategy, Seplat is in talks with the Nigerian National Petroleum Company Ltd. (NNPC) on selling a…

FG faults Dangote, vows to revive Ajaokuta Steel Company

Ayorinde Oluokun

7 months ago

Dangote, at a recent event, affirmed that no nation can grow without a steel industry, noting that Ajaokuta would not…

All On pumps $1.5m into Hinckley to pioneer battery recycling in Nigeria

Kazeem Ugbodaga

7 months ago

Adrian Clews, CEO at Hinckley Ewaste Recycling added “Through this investment, we aim to strengthen our commitment to both environmental…

Meteor Profit Review 2025: Scam or Legit?

Ayorinde Oluokun

7 months ago

This Meteor Profit review will discuss all prime aspects of the trading platform, such as how it functions, its prime…

Dangote to replace ageing trucks with electric models

Femi Fabunmi

7 months ago

About 4,000 CNG trucks are expected to arrive in Nigeria before next month, and Dangote has promised that fuel distribution…

FX: After weeks of gains, naira stumbles against the dollar

Femi Fabunmi

7 months ago

According to data from the Central Bank of Nigeria on Wednesday, the official exchange rate slipped to ₦1,494.03 per dollar,…

AfriCyberCore develops AgriNova.AI to cater for farmers

Isa Isawade

7 months ago

“This is not just about the technology, this is about strengthening food security across Africa and also providing opportunities which…

Stock Market storms back, Investors scoop N310bn in one day

Kazeem Ugbodaga

7 months ago

Conversely, Chellaram topped the gainers’ table, appreciating 9.77 per cent to N14.60 per share. Austin Laz advanced 9.67 per cent…

AI expected to boost global trade by 37% — WTO

Isa Isawade

7 months ago

AI programmes are already contributing to efficiency improvements by providing more transparency in supply chains, automating customs procedures and making…

China is becoming a global leader in green energy

Ayorinde Oluokun

7 months ago

Whether it is the large-scale application of wind and solar energy or the improvement of the electric vehicle supply chain,…

HoganHost, DigitalOcean team up to launch cloud hosting for Africa in 2026

Michael Adesina

7 months ago

HoganHost, one of Nigeria’s top web hosting companies, has partnered with DigitalOcean to introduce instant cloud hosting services across Africa.

UBA breaks silence on fire incident at six-storey Afriland Tower

Ayorinde Oluokun

7 months ago

The Lagos State Fire Service had in a statement on Tuesday evening said nine people were rescued from the fire…

Tinubu’s reforms in oil, gas sector deliver 28 FDPs worth $18bn – NUPRC

Ayorinde Oluokun

7 months ago

NUPRC said Nigeria’s new energy regime under the Petroleum Industry Act (PIA 2021), ushered in a new era of governance,…

Ecobank unveils Design and Build 2025 Exhibition, featuring Benimana, Lawanson

Kazeem Ugbodaga

7 months ago

Prof. Lawanson, Leverhulme Professor of Planning and Heritage at the University of Liverpool, is widely recognised for her research on…

AFFF 2025 Begins in Lagos, Aims to Unlock Africa’s $20 Billion Film Industry

Abimbola Aderinola

7 months ago

AFFF is forging a path to transform Africa’s rich storytelling heritage into a globally competitive industry....

UBA strengthens Kenya ties with $150m road infrastructure pledge

Kazeem Ugbodaga

7 months ago

Alawuba emphasised that the bank possesses both the financial muscle and expertise to support the regulator’s goal of building a…

How FG plans to feed 50m pupils in 2026 – Adebowale

Isa Isawade

7 months ago

“So, by the year 2026, we are looking at feeding close to 50 million pupils in primary school in Nigeria...

UBA drops important announcement that will affect millions of customers

Kazeem Ugbodaga

7 months ago

The bank assured customers that the exercise is part of its ongoing commitment to improving service delivery and maintaining a…

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