Friday, 29th March 2024
To guardian.ng
Search

Business

5 mins ago
Tokyo markets closed higher on Friday after the Dow and S&P 500 hit new highs on Wall Street, while investors awaited US economic data due later in the day.
3 hours ago
Disconnected Subscribers Identification Module (SIM) cards as a result of unverified National Identification Number (NIN) may hit 50 million from the second phase of the disconnection of unlinked SIMs to NIN exercise, which begins today, March 29.
3 hours ago
The Central Bank of Nigeria (CBN) has auctioned N1.64 trillion worth of treasury bills.
MMA2
3 hours ago
In lieu of the increase in passenger traffic this season, Bi-Courtney Aviation Services Limited (BASL) has assured safety, security, and better customer experience for travellers using the Murtala Muhammed Airport Terminal Two (MMA2) facility in Lagos.
3 hours ago
Amidst several challenges confronting the power sector, including limited access to critical resources, the Minister of Power, Adebayo Adelabu, has unveiled plans to liaise with the Central Bank of Nigeria (CBN)...
3 hours ago
About seven years of waiting is finally over. An indigenous carrier, Air Peace Airline, will today resume the Lagos-London operations, restoring national pride and competition on the busy route.
3 hours ago
The transformation and rechristening of the old Minna International Airport to Bola Ahmed Tinubu International Airport has been described as a new vista in partnerships and the viability of airport operations.
3 hours ago
To streamline operations and enforce parity across its workforce, the Board of Eko Electricity Distribution Company (Eko Disco) yesterday affirmed recent management changes and its decision to harmonize salaries and conditions of service for all employees.
3 hours ago
Nigeria’s Terms of Trade (ToT), for all commodities, recorded a decline of 0.22 percentage points in the fourth quarter of 2023.
3 hours ago
Nigeria has recorded success in the just concluded International Civil Aviation Organisation (ICAO) Security Audit Programme the Continuous Monitoring Approach (USAP-CMA).
3 hours ago
Succour may be on the way for power generation in the country due to the collaboration between Daystar Power and Rocky Mountain Institute (RMI).
3 hours ago
Heirs Technologies has expressed readiness to make Nigeria a leading Business Process Outsourcing (BPO) destination in Africa.
3 hours ago
African Prudential Plc has declared N900 million dividends translating to 45 kobo per share due to every shareholders of the company for the 2023 financial year.
4 hours ago
The Special Adviser to the President on Ease of Doing Business, Dr. Jumoke Oduwole, has said inclusion is an important tool, which must be leveraged to transform the economy to deliver prosperity for the country.
1 day ago
Nigerian banks have 24 months to recapitalise their capital base to at least N500 billion international authorisation capitalisation to continue operations in the country, the Central Bank of Nigeria (CBN) has said. This comes after the apex bank urged Nigerian banks to expedite action on the recapitalisation of their capital base to strengthen the financial…
1 day ago
To improve electricity supply across Africa and reduce dependency on expatriates from Europe and other continents, Nigeria is currently training several personnel in Southern and Western countries.
1 day ago
Lagos Commodities and Futures Exchange (LCFE) has stressed the need for the Federal Government to utilise the commodities exchange ecosystem as a strategy to boost food security, create job opportunities and enhance Nigeria's capacity to earn foreign exchange.
1 day ago
In support of the global move to achieve carbon-zero emission and to reduce the high cost of maintaining internal combustion engine vehicles, the management of MAX has donated low-emission MAX Motorcycles to the Lagos State Residents Registration Agency (LASRRA).
1 day ago
Businesses in Nigeria will have the opportunity to leverage Google technologies for growth and competitiveness.
1 day ago
Over five million Nigerian women entrepreneurs have so far benefited from over N500 million facility put in place by the Association of Nigerian Women Business Network (ANWEN) to boost their businesses.
1 day ago
To mitigate the impacts of climate change, the federal government has secured $198,175 in grants from the Climate and Clean Air Coalition (CCAC) to curtail open-field burning practices among farmers.
1 day ago
The Lagos State Government has partnered Caverton Marine to enhance local boat production, to tackle challenges in waterways transportation and reduce capital flight through boat importation by 70 per cent. This collaboration involves the local construction of 25 state-of-the-art ferries, each with a capacity for 40 passengers as well as creating a viable and efficient…
1 day ago
The Alternative Bank and TK Tech Africa are poised to transform the landscape of financial technology and non-interest banking with their innovative $500 million digital Sukuk initiative.
2 days ago
Eighteen years after the Federal Government approved the development of seven Inland Dry Ports (IDPs) across the country, only two are operational. According to the Nigerian Shippers’ Council (NSC), the two functional IDPs are the Dala Inland Dry...
2 days ago
President of the Nigerian-American Chamber of Commerce (NACC), Adebola Williams, has regretted that despite Nigerian goods being sought after overseas, the country keeps losing millions of dollars yearly for rejected goods.
2 days ago
The Federal Government has said it is planning to put a total ban on the importation of syringes into the country to promote local production.To this end, the National Agency for Food and Drug Administration and Control
2 days ago
The Amalgamated Union of App-Based Transporters of Nigeria (AUATON), Lagos chapter, has officially called off the proposed protest against the impasse over the data-sharing agreement between the Lagos State Government
2 days ago
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has described as commendable the clearance of a $7 billion foreign exchange (FX) backlog by the Central Bank of Nigeria (CBN).
2 days ago
The African Association of Professional Freight Forwarders and Logistics of Nigeria (APFFLON) has urged government regulatory agencies in the maritime industry to collaborate with stakeholders through capacity-building workshops...
2 days ago
The federal government through the National Agriculture Development Fund (NADFund) has provided N1.6 billion as a recovery package to farmers affected by the ginger blight epidemic ravaging farms across the country.
2 days ago
Chairperson of the Senate Committee on Local Content, Natasha Akpoti-Uduaghan, has urged the Director-General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, to help facilitate access to global markets for Nigerian businesses...
2 days ago
APM Terminals’ West Africa Container Terminal (WACT) has commissioned its new Container Freight Station (CFS) at Onne Port, Rivers State, to support streamlined processes for import and export operations
2 days ago
The President of the National Council of Managing Directors of Licensed Customs Agents (NCMDLCA), Lucky Amiwero, has reached out to President Bola Tinubu, seeking his intervention to ensure the Nigeria Customs Service
2 days ago
Efforts to restore Internet services fully to pre-March 14 outages in Nigeria and 12 other affected countries have been increased as about two and a half terabytes of capacity have been restored; over 100 links are now functional while...
2 days ago
Nigeria's dairy sector is set to undergo a transformative journey with the inauguration of the latest Value4Dairy Consortium project, signaling a significant leap forward for the industry.
2 days ago
Trucks Transit Parks (TTP) Limited has deactivated 83 trucks from the electronic call-up system, known as ETO, for various infractions committed by truck owners and drivers.
2 days ago
Pension Fund Administrator (PFA) Pension Limited (PPL) has deployed a new platform to interact with pension contributors and address the challenges they are facing across the country.
2 days ago
The Lagos Chamber of Commerce and Industry (LCCI), has urged the government to cut unnecessary expenses and reduce statutory expenditures, considering current economic hardship in the country..
2 days ago
Born Ojelade Theophilus Ayomide, Cashley's journey into the music industry is a testament to perseverance and passion.
2 days ago
After four weeks training of 60 young business-oriented young Nigerians supervised by Nerdz Factory, British Council, in collaboration with Prince’s Trust International, has given a N250,000 grant each to the final eight winners
2 days ago
Chief executives of firms have been advised to explore alternative business models such as import substitution to insulate their operations from FX-related shocks and other challenges.
2 days ago
The Tin Can Island command of the Nigeria Customs Service (NCS) and the National Drug Law Enforcement Agency (NDLEA) have revealed that syndicates operating within West and Central Africa are involved in smuggling arms
2 days ago
The Executive Secretary of the Financial Reporting Council of Nigeria (FRCN), Rabiu Olowo, has expressed optimism that the adoption of sustainability financial reporting standards would unlock capital flow
3 days ago
The federal government is considering a new policy that would enable consumers to directly purchase pre-paid meters from approved suppliers as part of its efforts to bridge the market gap estimated at eight million.
3 days ago
National Commissioner/Chief Executive Officer of the Nigeria Data Protection Commission (NDPC), Dr Vincent Olatunji, shed light on the significance of data protection in the digital economy at the pre-launch of the National Privacy Awareness Campaign.
3 days ago
Following losses recorded by most bluechip stocks, especially Dangote Sugar Refinery and Transcorp Power, trading on the Nigerian Exchange Limited closed on a downward note yesterday as market capitalisation declined by N289 billion.
3 days ago
The prices of rice, a major staple food for Nigerians, increased by 134.81 per cent in the past year.
3 days ago
Today, we conclude our 4-part series on one of our highly recommended strategies for driving a culture of peak performance - Implementing Personalised Leadership Coaching & Mentoring.
3 days ago
Following recent undersea cable cuts that challenged connectivity across countries in the West African region, Nigeria has called for a coordinated and multilateral approach to protect shared telecommunications infrastructure and diversification of connectivity to ensure uninterruptible connection.
3 days ago
The Central Bank of Nigeria (CBN) has informed the Bureau de Change (BDC) operators of approval of the sale of $10,000 to each BDC at a rate of N1,251/$.
4 days ago
Nigerian banks have always sought opportunities for offshore expansion to boost their revenue and attract investment. Lately, though, the drive for global opportunities to hedge domestic risks has intensified. In 2023, three foremost banks, as part of their expansionary initiatives, took bold steps that are expected to unlock value for them in the international market.
4 days ago
Joint efforts are ongoing by the Nigeria Deposit Insurance Corporation (NDIC) and the Economic and Financial Crimes Commission (EFCC) to curb financial crimes in the banking sector of the economy.
4 days ago
The Chartered Institute of Bankers of Nigeria, Dr Kenneth Opara, has stated that the private sector plays a pivotal role in climate change, especially in unlocking new growth opportunities, job creation and sustainable agriculture.