Monday, 2nd October 2023


21 May
The complaints that successive governments do not productively engage many young Nigerians have become a refrain. And the anomaly of many youths choosing to deploy their intellect in negative vocations like internet frauds and other wrong doings is today...
18 Apr
Amid harsh operating environment, Dangote Sugar Refinery Plc (DSR) has recommended a total dividend pay out of N18.22 billion, while targeting production of over 170,000 tonnes of sugar production next season.
12 Apr
As part of efforts to support women-owned small and medium-sized enterprises (SMEs), NerdzFactory Foundation, in collaboration with Access Corporation, has empowered women's business growth with digital technology, branding and tips on how to leverage the Internet to drive growth.
10 Mar
As Africa’s largest economy, Nigeria is strategically positioned to be a significant player in the global economy. Given the right support and the fact that the country is potentially fertile ground for massive growth and development, Nigerian businesses can claim the top spot globally. But for this to happen, several issues must be considered.
7 Mar
The Bank of Industry (BoI) has reaffirmed its commitment to women-led businesses, saying there could be no sustainable development in Nigeria unless women were proactively empowered.
23 Feb
The Universal Energy Facility (UEF) – a financing facility managed by Sustainable Energy for All – has announced the provision of grants to renewable energy companies who apply to finance their projects as part of the facility’s Stand-alone Solar for Productive Use programme in Nigeria.
23 Feb
The Nigeria Employers’ Consultative Association (NECA), in collaboration with the Bank of Industry (BOI), has intensified its commitment to develop Micro, Small and Medium Enterprises (MSMEs), as well as create jobs.
20 Feb
Stakeholders that gathered at the 2023 AfricaNXT talk session held in Lagos, have stressed the need to create improved partnerships between the private and public sectors to accelerate Nigeria and Africa’s growth.
14 Feb
The Lagos State government has rallied members of the organised private sector (OPS) on the need to support it government in achieving developmental objectives through sustainable investments, even as the state restated commitment to infrastructural development and renewal, as well as a conducive business environment.
Payslice, Kelechi Oleka
5 Feb
The Co-founder, technology solution company, Payslice, Kelechi Oleka, has said that his organisation has sent loan sharks out of business by being consumer-centric. Oleka said: “One of the things we realised during the COVID-19 era was that a lot of loan sharks were out there embarrassing people for taking little loans.
3 Feb
The World Bank and the Federal Government, yesterday, launched a six-year livestock development initiative (L-PRES) to increase livestock production and reduce farmers-herders conflict in the country.
1 Feb
The Bank of Industry (BoI) and ljebu-Ode Grammar School Old Boys Association (JOGSOBA) have commissioned a 240-seat Information Communication Technology (ICT) complex to enhance IT and software skills development as well as learning capabilities for students of the school and surrounding schools in Ogun State.
17 Jan
Sundry Foods Limited (SFL) said its priority this year is to deliver optimal service to its customers and meet their needs at a personal level. Executive Director of the company, Nnamdi Opara, said this while unfolding the 2023 business outlook of the company at a meeting with staff of the company held in Port Harcourt,…
13 hours ago
FMDQ Securities Exchange's total turnover in the Foreign Exchange (FX) Spot and Derivatives markets stood at $472.49 million last week. The figure represents a fall of 26.52 per cent ($170.57 million) from $643.06 million reported the previous week....
13 hours ago
The poor state of the economy has brought untold hardship on Nigerians, pushing many to survival. Those who are out of jobs are falling back on the 25 per cent out-of-job withdrawal from their pension savings to survive.
13 hours ago
Experts who converged at the 2023 edition of the Insurance Stakeholders’ Consultative Forum, themed, “Rethinking Insurance as a Critical Economic Growth Strategy” organised by the Lagos Chamber of Commerce and Industry...
14 hours ago
Amid rising insecurity, inflation and other macroeconomic challenges, coupled with uncertainty in the global economies, the Nigerian equities market gained N8.4 trillion in nine months.
14 hours ago
The financial services industry dominated in volume terms at the end of last week’s transactions on the floor of the Nigerian Exchange Limited (NGX). It led the activity chart with 940.539 million shares valued at N11.4 billion traded in 14,627 deals...
1 day ago
Nigeria's data centre market is expected to hit a valuation of $288.8m by 2027. According to a report by Research and Markets titled Nigeria Data Centre Market Outlook to 2027, Nigeria’s data centre market reached an estimated value of $131.6m in 2022, and by 2027, the market is expected to have experienced an approximate 220…
1 day ago
Pixels has been announced as Africa’s Most Outstanding Technology Company of the Year 2023.This award was presented to the company at the African Brands Congress 2023 held in Lagos. The African Brand Leadership Merit Awards is an initiative of the African Brand Congress (ABC). The congress is designed to educate, engage and inspire brand managers…
1 day ago
The Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, has urged contractors handling the Obrikom, Obiafo and Oben (OB3) gas pipeline project to ensure its completion by December this year.  Ekpo gave this directive during a tour of the 48 × 1.8km gas pipeline project designed to run across the River Niger conveying gas from…
1 day ago
The United States Agency for International Development (USAID) and Power Africa have launched the “Growing Green Jobs for Women in Nigeria” initiative. The initiative aims to promote gender equality, clean energy solutions and align with Nigeria’s sustainability goals and it is expected to provide around 500 women and youth with the skills and opportunities needed…
1 day ago
The acting Comptroller-General of Customs, Bashir Adewale Adeniyi, has expressed his administration’s readiness to collaborate with foreign and domestic traders, stating that his main priority is to take proactive measures to facilitate trade. Adeniyi spoke when he received the delegation of ZGM Investment Group of Companies Limited, a coordinating firm of the Ogun Guangdong Free…