Business News
1 day ago
Some commercial banks inefficient operations of late have been identified as a major setback to cargo clearance at the seaports, especially on the platform of B’Odugwu digital system recently introduced by the Nigeria Customs Service (NCS).
1 day ago
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has renewed its commitment to tackling corruption in the upstream petroleum sector. The Chief Executive, NUPRC, Gbenga Komolafe, who disclosed this at the celebration of International Anti-Corruption Day
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Schneider Electric has been awarded Employer of the Year in the Energy and Utilities Sector by the Nigeria Employers’ Consultative Association (NECA). The company was recognized at the 4th edition of the Annual Employers Excellence Award ceremony in Lagos.
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Access Bank Plc has entered into a binding agreement with South Africa-based Bidvest Group Limited for the acquisition of a 100 per cent equity stake in Bidvest Bank Limited.
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Project Management Institute (PMI) has celebrated 50 exceptional rising leaders transforming the world by leveraging their project management skills to tackle today's most pressing challenges. As shown on the 2024 Future 50 list
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Recognizing the glaring gap in global conversations, where African brands are often sidelined and undervalued, two visionary brothers based in Nigeria and the United States respectively, have taken the initiative of bridging that gap with the launch of Reuben&Samuel
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The Nigeria Customs Service (NCS) Oil and Gas Free Trade Zone Command has reiterated its commitment to facilitating trade and ensuring regulatory compliance in Nigeria’s oil and gas sector.
2 days ago
The country’s economy as well as its ability to attract and retain foreign direct investments (FDIs) in the coming year will depend on the sustainability of the current reforms, analysts at Cordros Securities Limited have said.
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Inflation and fundraising challenges have been listed as major challenges stressing startups in Nigeria and Egypt.
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• Stakeholders push for port modernisation The Nigerian Ports Authority (NPA) has projected a 30 per cent growth in trade volume by 2030 given ongoing improvements in port infrastructure. The Managing Director of NPA, Abubakar Dantsoho said this, highlighting the potential of the maritime sector to generate over one million jobs by 2028 and double…
2 days ago
Nigeria will require approximately $500 billion in additional financing beyond business-as-usual (BAU) investments to achieve a net-zero emission target by 2060.
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A West Africa’s Internet service provider, Tizeti, has launched its free fibre broadband service in Nigeria and Ghana, setting a new benchmark for speed and accessibility in the region.
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With the endorsement of the Nigeria Governors’ Forum, a social development consultant, Fatima Sadiq Mohammed, has announced the launch of an entrepreneurship initiative – Naija Entrepreneurship Academy (NEA), as part of the efforts to curb youth unemployment.
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The transition to compressed natural gas (CNG) vehicles is not just an economic necessity but also an environmental imperative.
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The Irish Ambassador to Nigeria, Peter Ryan, has commended Pernod Ricard Nigeria for its investment in the country, especially in talent, innovation and creativity.
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As part of efforts to enhance the digital payment ecosystem, Jumia and PalmPay have come together in a strategic partnership to launch an integration application for users.
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Out of the N5.718 trillion distributable value-added tax (VAT) revenue shared by the Federation Accounts Allocation Committee (FAAC) between January and November 2024, three states and the Federal Capital Territory (FCT) earned N4.183 trillion as their share, leaving the remaining 33 states to scramble for the remaining N1.534 trillion. Based on the current VAT revenue…
4 hours ago
Mr Adegboyega Oyetola, the Minister of Marine and Blue Economy says upgrading the Maritime Academy of Nigeria (MAN), Oron to a university,
1 day ago
The Central Bank of Nigeria (CBN) has imposed a fine of ₦150 million on Deposit Money Banks (DMBs) found guilty of aiding the illegal distribution of mint naira notes to currency hawkers. CBN, in a circular issued on Friday and signed by Mohammed Olayemi, Acting Director of the Currency Operations Department, said it was concerned…
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FG flags off Abia Airport construction on Tuesday, says Kalu From Adamu Abuh, Abuja The flag-off of the construction of the Abia Airport would be held on Tuesday, according to the Deputy Speaker of the House of Representatives, Rt Hon. Benjamin Kalu. Kalu said that the Abia Airport project is a testament to the Federal…
2 days ago
If you’re looking for a lucrative way to earn online income, loan affiliate programs are an excellent choice. Whether you’re targeting payday loans or personal loans, these programs can help you monetize your traffic by connecting potential borrowers with lenders. In this guide, I’ll walk you through the top loan affiliate programs, explain how they…
2 days ago
BudPay has launched its B-Business platform to provide small and medium enterprises (SMEs) with access to data insights essential for optimising their operations and driving growth.
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As the headline sponsor of the monumental 10th Africa Fashion Week Nigeria (AFWN), Sterling Bank, reinforced its dominance as a driving force behind Nigeria’s creative revolution, boldly empowering artistic visionaries and entrepreneurial trailblazers to redefine global fashion narratives.
3 days ago
Henceforth, all public-private partnership (PPP) arrangements and projects must be carried out in strict compliance with the Infrastructure Concession Regulatory Commission (ICRC) laws and guidelines, the Federal Government has said.
3 days ago
The Federal Government said it is negotiating a $500 million loan facility from the World Bank to implement the Human Capital Opportunities for Prosperity and Equity (HOPE) project.
3 days ago
Stakeholders at the 2024 Women in Infrastructure Community Africa (WICA) Impact Awards stressed the need for collaborative leadership and inclusion of women in infrastructure development.