Business News
3 days ago
Boucles Africa Limited, a recent entrant into marcomms consultancy, has appointed Mojisola Saka, as its pioneer Chief Engagement & Experience Officer effective April 2024.
4 days ago
Tokyo stocks closed lower Monday after Iran's unprecedented missile and drone strikes on Israel raised fears of wider conflict in the Middle East.
4 days ago
The Central Bank of Nigeria (CBN) requires tier 1 banks to raise their Capital (defined as share capital plus share premium) to N500 billion. The options available to banks are right are a private placement, a public offer to the general public and a right issue for existing shareholders.
14 Apr
The Secretary General of the International Maritime Organisation (IMO), Arsenio Dominguez, has congratulated the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola on his appointment by President Bola Ahmed Tinubu.
14 Apr
Nigeria needs to leverages the 200 trillion cubic feet (Tcf) gas resource for sustainable development, energy security, and job creation, the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited
14 Apr
Notwithstanding many obstacles, renewable energy resources are expected to generate 42 per cent of all electricity globally by 2028. Latest report by DNV, an independent assurance and risk management provider, revealed that solar PV will also top nuclear electricity generation by 2026.
14 Apr
NIPCO Gas is taking auto gas closer to Nigerians, as it plans to launch four new Compressed Natural Gas (CNG) stations in Lagos between April and May this year.
14 Apr
More customers under Eko Electricity Distribution Company’s (EKEDC) franchise area are set to experience and enjoy a guaranteed minimum of 20 hours of power supply daily in line with the newly approved Multi-Year Tariff Order
12 Apr
Tokyo stocks opened higher on Friday after US tech shares gained, while the yen weakened against the dollar.
12 Apr
Panache Ventures, Canada's leading early-stage venture capital fund, alongside Kora, a pan-African payment gateway, has sensitised African tech leaders on venture capital in a concerted effort to catalyse technological innovation and investment opportunities in Africa.
12 Apr
The National Association of Nigeria Travel Agencies (NANTA) has expressed commitment to boost Africa's tourism sector, through its upcoming yearly general meeting.
12 Apr
The Governor of Enugu State, Peter Ndubuisi Mbah has emphasised the crucial importance of entrepreneurship in advancing both the state and southern Nigeria's economic prosperity.
11 hours ago
The World Bank Group and the African Development Bank Group are partnering on an ambitious effort to provide at least 300 million people in Africa with electricity access by 2030.
11 hours ago
Trading activities on the floor of Nigerian Exchange Limited (NGX) halted gains to close on a downturn yesterday, causing market capitalisation to decline by N35 billion.
11 hours ago
Worried by the dwindling oil production and the need to drive investments in the nation’s oil and gas sector, the Federal Government, through the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has underscored the imperative of ramping up production as a pivotal strategy to ensure stability in the midstream and downstream sectors of the industry.
12 hours ago
The Nigeria Customs Service (NCS) Tin Can Island Port (TCIP) command has reported a 95.3 per cent increase in non-oil exports in the first quarter of 2024, compared to the same period last year.
12 hours ago
The Nigerian Ports Authority (NPA) is awaiting the Debt Management Office's (DMO) final review and approval of Citibank's $700 million loan mandate, which will fund the rehabilitation of the Apapa and Tin-Can Island ports in Lagos.
12 hours ago
Access Pensions has emphasised its commitment to offering thorough guidance and assistance to customers interested in Pension Backed Mortgages (PBMs).
12 hours ago
To further address the energy inefficiency in the country, the Chief Executive Officer, Stanbic IBTC Holding Plc, Dr. Demola Sogunle, said N350 billion fund has been raised to support customers in the energy sector.
12 hours ago
Amid geo-political tension marked by uncertainty, volatility, and disruptive forces, the Chartered Institute of Directors Nigeria (CIoD) has tasked directors on effective leadership, noting that their roles as leaders assume even greater significance in turbulent times.
1 day ago
Stakeholders in the insurance and pension industry have called on operators in the sectors to adopt artificial intelligence (AI) to drive business expansion in the country.
1 day ago
Though it does not have the power to regulate prices, the Federal Competition and Consumer Protection Commission (FCCPC) will deploy an existing legal framework to enforce fair competition and consumer protection provisions to achieve fair prices of commodities.