Business
12 Apr
'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
11 Apr
In a flavorful journey across Nigerian households, Terra Cube embarked on a mission to unwrap joy and unleash taste sensations in over 2 million Lagos homes. Through an innovative contact program launched in 2024, the brand has been actively engaging consumers...
11 Apr
Bruhm, a prominent player in home appliances, has unveiled its latest line, Bruhm Black, for the West African market, setting a new benchmark for luxury and performance in the industry.
1 day ago
Publisher, The Guardian Newspapers Ltd, Lady Maiden Alex-Ibru, has called on the government at all levels in the country to remove obstacles besetting the paper industry, to prevent it from total collapse.
1 day ago
Nigeria’s economy is projected to grow to 3.3 per cent this year, while it may recede to 3.0 per cent in 2025. In its latest World Economic Outlook report, ‘Steady but slow: Resilience amid divergence,’ the International Monetary Fund...
1 day ago
The newly elected executives of the Women’s International Shipping and Trading Association (WISTA) Nigeria have been charged to ensure the attainment of major structural adjustments in the nation’s shipping industry as well as create opportunities..
1 day ago
Some 12,948 startups have so far been registered through the Nigeria Startup Act. The National Information Technology Development Agency (NITDA), which disclosed this, said they were registered for labeling.
1 day ago
Apparently to sanitise the general aviation segment of local aviation, the Civil Aviation Authority (CAA) Nigeria, yesterday, ordered a three-day ultimatum for all private operators and holders of non-commercial flight permits to submit for a re-evaluation.
1 day ago
The Nigeria Employers' Consultation Association of Nigeria (NECA) has called on policymakers to adopt a holistic approach to address inflationary pressures and promote economic stability.
1 day ago
While the global economic slowdown in 2023 was less severe than originally projected, the United Nations Trade and Development (UNCTAD) in the latest report warned that further growth deceleration could be expected this year.
1 day ago
As the ongoing UNLOCK Training Programme enters its final and crucial phase, participants on Monday, got surprise boosters from the Senior Special Assistant to the President on Technical, Vocational and Entrepreneurship Education
1 day ago
Afriland Properties Plc has urged the Federal Government to intervene in the housing sector and ensure that people borrow for mortgage properties at a reduced rate over a long period of time to bridge nation's huge housing deficit.
1 day ago
The Group Managing Director and Chief Executive Officer of UBA Plc, Oliver Alawuba, said 2023 was marked by geopolitical tensions, inflation spikes, and the transformative emergence of technologies such as generative AI, yet, the bank not only