Business
4 days ago
Zenith Bank Plc has announced a remarkable 125 per cent growth in its gross earnings in its 2023 operations, from N945.6 billion reported in 2022 to N2.13 trillion.
4 days ago
Spacex's satellite Internet system, Starlink, has added 500,000 new users in the last four months.
4 days ago
'Partial move from rules-based trading threatens reliance on global support for shared prosperity', says Oramah Government of the Commonwealth of The Bahamas and African Export-Import Bank (Afreximbank) yesterday, sealed a deal with the Bahamas to host the 31st Afreximbank Annual Meetings (AAM) and the third edition of the AfriCaribbean Trade and Investment Forum (ACTIF). The AAM…
11 Apr
Tokyo stocks opened lower on Thursday after hotter-than-expected US inflation data drove down Wall Street shares, while the yen briefly hit a 34-year low.
11 Apr
The Nigeria Customs Service has updated its exchange rate for calculating import duties, setting it at N1,238.179/$, a rate that surpasses the Nigerian Autonomous Foreign Exchange Market (NAFEM) rate (₦1230.61/$).
11 Apr
CardinalStone Securities Limited (CSSL) handled N153.77 billion in transaction value, an equivalent of 9.9 per cent of the total turnover of the Nigerian Exchange Limited (NGX) in the first quarter, to lead the famous top 10 table...
11 Apr
The prolonged foreign exchange illiquidity, high-interest rates and cost of raw materials have continued to push up the operating cost of firms under the healthcare subsectors, impacting their profitability negatively.
11 Apr
Considering current economic challenges bedeviling the Nigerian economy, the Director-General of the Lagos Chamber of Commerce and Industry (LCCI), Dr Chinyere Almona, has urged the federal government to provide special support mechanisms...
11 Apr
The International Maritime Organisation (IMO) has pledged to collaborate with Nigeria and other member states to address different maritime challenges, seeking collective solutions to the problems.
11 Apr
Clé Digital Services Limited, a subsidiary of First Registrars Limited has stated that its flagship product: CLÉ COOP would help streamline the operations of cooperative societies in Nigeria and add value to the economy.
11 Apr
United Capital Plc has maintained its growth record, achieving an impressive 71 per cent year-on-year increase in gross earnings, taking the figure to N45.90 billion.
11 Apr
LASACO Assurance Plc has collaborated with insurance brokers for better service delivery to policyholders. To attain this, the underwriter hosted the management of the Nigerian Council of Registered Insurance Brokers
6 hours ago
As of quarter one, 2024, the National Identity Management Commission (NIMC) has issued 105 million National Identification Numbers (NINs) to Nigerians.
6 hours ago
With expectations that the drop in the dollar-to-naira exchange rate would lead to a reduction in the cost of goods and commodities quickly, traders and consumers have lamented that they are yet to feel the impact on their wares, as the cost of household items keeps skyrocketing.
6 hours ago
Transactions on the equities sector of the Nigerian Exchange Limited (NGX) reopened on a downturn yesterday, as market capitalisation depreciated by N304 billion, amid losses in banks stocks.
6 hours ago
The Nigerian Society of Engineers (NSE) has bemoaned the lack of access to capital and patronage by the government at various levels.
6 hours ago
Before a leader creates a management system, he or she must first appreciate the idea that this concept was designed to solve certain challenges and it’s a tool for achieving the corporate goals of an organization.
6 hours ago
United Bank for Africa (UBA) Plc has outlined its strategies aimed at navigating the dynamic and ever-evolving banking landscape, while also consolidating growth prospects for the 2024 financial year.
6 hours ago
Boucles Africa Limited, a recent entrant into marcomms consultancy, has appointed Mojisola Saka, as its pioneer Chief Engagement & Experience Officer effective April 2024.
1 day 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.
1 day 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.
2 days ago
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.