Business News
14 Jun
The World Bank has warned that the Central Bank of Nigeria's (CBN) tightening of monetary policy will not effectively address inflation in the country. The Bretton Woods institution disclosed this in its global economic prospects report released on Wednesday. According to the World Bank, one of the risks to Nigerian economic growth is a failure…
14 Jun
A Mexican billionaire and chairman of Salinas Group, Ricardo Salinas Pliego, has urged his followers to invest in Bitcoin following the depreciation of the naira. The naira's decline has been so severe that N1 is now worth less than one satoshi, the smallest unit of Bitcoin (0.00000001 BTC). Salinas, whose net worth stands at $12.7…
14 Jun
Participants at the 2024 African Export-Import Bank (Afreximbank) yearly general meeting, held in Nassau, Bahamas have advocated investment
14 Jun
A visionary Nigerian entrepreneur, Abiodun Adetu, has spearheaded the successful launch of Naija Market Day in North America.
14 Jun
The Nigerian Shipping and Port Economic Regulatory Agency Bill 2023 currently before the House of Representatives may suffer the failure
14 Jun
Guaranty Trust Holding Company plc (GTCO) has informed the Nigerian Exchange Limited and the investing public of the completion of the
14 Jun
Visa has revealed that its tokens have generated more than $40 billion in incremental e-commerce revenue for businesses in Nigeria
14 Jun
Global Credit Rating Co (GCR) has affirmed SFS Capital's long-term credit rating 'A' with a stable outlook.
14 Jun
Stakeholders in the public and private sectors have drawn attention to the importance of corporate philanthropy and impact investment
14 Jun
The progress recorded in bridging energy access has been reversed for the first time in a decade as the rising population
13 Jun
The Standards Organisation of Nigeria (SON), on Tuesday, confiscated fake electrical cables and wires worth N30.5 million in Ekiti State. The incident happened during a raid in some major markets in the state after an intelligence report
13 Jun
An e-commerce platform, Sellers Mart, has made commitment to empower local businesses, drive economic growth and showcase the innovative products of Nigerian entrepreneur.
3 hours ago
The Cocoa Farmers Association of Nigeria (CFAN) has written an open letter to the European Union (EU) Commission requesting an extension of the European Union Deforestation Regulation (EUDR) implementation. The European market, which takes up about 70% of cocoa exports from Nigeria as major buyers, has set up regulations prohibiting cocoa harvested from deforested areas…
10 hours ago
The newly appointed Managing Director of Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has identified the speedy rehabilitation of dilapidated port infrastructure across the nation as his topmost priority. Dantsoho, speaking during an unscheduled avisit to Tin Can Island Port (TCIP) also vowed to collaborate with port stakeholders to deliver efficient services at the nation’s…
10 hours ago
The Aig-Imoukhuede Foundation will hold a national workshop titled “Rethinking Reforms: Why Many Reforms Fail in Nigeria and What We Can Do About It” on July 30, 2024. The workshop will bring together key stakeholders to discuss critical issues hindering the success of public sector reforms in Nigeria. While Nigeria's public service has a commendable…
10 hours ago
Kuda has partnered with SeerBit, a payment gateway, to give Kuda’s seven million plus customers a safe and easy option for making cardless payments online. The Nigerian fintech’s retail customers can now look out for the ‘Pay With SeerBit’ option on local websites and apps, then pay directly from their Kuda account with their secure…
10 hours ago
Lagos State Commissioner for Economic Planning and Budget, Mr. Ope George, has said that the state is on cause in meeting its revenue target for 2024 based on its revenue performance. Speaking at the 2025 budget consultative forum held in Ikeja as part of the five-day events across the five divisions of the state named…
1 day ago
Africa's leading manufacturer of smartcard and high-security identity solutions, SecureID Limited, has received the Certificate
1 day ago
The Federal Government has released N438.37 billion as reimbursement to 34 states and the Federal Capital Territory (FCT).
1 day ago
The logistics fragment of the pump price of Premium Motor Spirit (PMS), especially the lack of pipelines, has been blamed for the
1 day ago
The Dutch Entrepreneurial Development Bank (FMO) and Nigeria’s First City Monument Bank (FCMB) have signed a $25 million NASIRA
1 day ago
The Alternative Bank has taken a strategic step to champion economic inclusion through a strategic alliance with the Nasrul-Lahi-Fatih