Friday, 29th March 2024
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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
1 hour ago
The Central Bank of Nigeria (CBN) has auctioned N1.64 trillion worth of treasury bills.
1 hour 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.
1 hour 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)...
1 hour 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.
1 hour 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.
1 hour 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.
1 hour ago
Nigeria’s Terms of Trade (ToT), for all commodities, recorded a decline of 0.22 percentage points in the fourth quarter of 2023.
1 hour 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).
1 hour ago
Heirs Technologies has expressed readiness to make Nigeria a leading Business Process Outsourcing (BPO) destination in Africa.
1 hour 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.