Business News
1 hour ago
The price of Liquefied Petroleum Gas (LPG), also known as cooking gas, has continued its upward swing rising by 7.1 per cent in the last month, thus making life more difficult for Nigerians who are struggling with food inflation.
2 hours ago
Various fibre cuts may have cost affected telecoms operators, especially MTN and Airtel, about N27 billion ($23 million) in repairs last year. To reduce the cost of the operations of the firms, the Federal Government through the Ministry of Works
3 hours ago
The Federal Government, through the Minister of Industry, Trade and Investment, Doris Uzoka-Anite, has announced the launch of N200 billion Presidential Intervention Fund for Micro, Small and Medium Scale Enterprises (MSMEs) and manufacturers in Nigeria.
3 hours ago
After a weekend of tension over the resignation of Dr Adesola Adeduntan, Olusegun Alebiosu has emerged as the Acting Managing Director/Chief Executive Officer of First Bank of Nigeria Limited (FirstBank Group)
4 hours ago
Just as it is with corporate goal setting, collaboration for effective performance involves integrating a system that gives employees the opportunity to engage or provide feedback.
4 hours ago
UBA America, a subsidiary of the pan-African financial giant United Bank for Africa (UBA) Plc, has reinforced commercial diplomacy among countries, institutions and individuals while fostering robust international collaborations.
4 hours ago
There is fresh hope among the Nigerian insurance industry players that the appointment of Olusegun Omosehin as the new Commissioner for Insurance/Chief Executive Officer of the National Insurance Commission (NAICOM) continues to generate interest in various segments of the industry.
1 day ago
The tasks of the Nigerian delegation to the just-concluded International Monetary Fund (IMF) and the World Bank Spring Meetings in Washington, United States, were well defined – sell Nigeria, seal economic pacts and market packages
1 day ago
Inflation will hit 34.98 per cent this month, analysts at Cordros Capital analysts have said.
1 day ago
There is fresh hope among the Nigerian insurance industry players that the appointment of Olusegun Omosehin as the new Commissioner for Insurance/Chief Executive Officer, the National Insurance Commission (NAICOM) continues to generate interest in various segments of the industry.
1 day ago
The General Manager of Pharma Sales and Marketing at May & Baker Nigeria Plc, Obinna Sydney Emeribe, said the company is optimistic about its growth trajectory and targeting N27 billion in revenue for 2024.
1 day ago
Transcorp Hotel Plc said its five-star Lagos Ikoyi is near completion and will be delivered by 2027.
2 days ago
The motion by the Senate that mobile courts be established for trial and imprisonment of parents and guardians refusing to enroll their wards in school may appear to be drastic; but it is a wake-up call to all stakeholders to save the children from a bleak future and save Nigeria from chronic underdevelopment,
2 days ago
The Minister of State Petroleum Resources (Gas), EkperikpeEkpo has assured of the ministry’s readiness to partner with Akwa Ibom State to unlock the economic potential of gas resources in the state.
2 days ago
The shareholders of Access Holdings Plc have backed the group’s plan to establish a capital raising programme of US$1.5b as well as the subset initiative to raise up to N365b, specifically, through a Rights Issue of ordinary shares to its shareholders.
2 days ago
The Federal Government has been urged to enforce Executive Orders No 003 and 005 to encourage patronage of locally produced goods thereby boosting the country’s economy.
1 day ago
Problems associated with infractions in the capital market may soon become a thing of the past, as the Securities and Exchange Commission (SEC) has announced that its information technology (IT) project that would enable the commission to detect infringement in the market real time has attained over 75 per cent completion.
1 day ago
With a mission to ignite growth, encourage business continuity and help businesses and employees thrive, Eazipay is gearing up to propel the dreams of 150,000 SMEs and employees to new heights through her relief fund. Gone are the days of financial constraints and stifled dreams. With Eazipay's support, SMEs and employees alike can bid farewell…
2 days ago
To concretise efforts geared towards facilitating increased export by the Federal Government, the Nigerian Ports Authority (NPA) and the Nigeria Customs Service (NCS) have commenced moves to eliminate duplication of export process at seaports.
2 days ago
The Academy Press Plc has expanded its operations to improve quality colour prints and high-speed web offset presses.
2 days ago
SeamlessHR, Africa’s leading HR and payroll technology company, has reiterated its commitment to empowering Nigerian financial institutions to optimise their workforce productivity and performance in challenging economic times through cutting-edge technology solutions. The African SaaS giant made this statement during an engagement session with industry leaders across the banking and financial services industry in response…
4 days ago
The Lagos Chamber of Commerce and Industry (LCCI) is deeply worried about the various economic headwinds confronting the stability of the Nigerian economy.
4 days 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.
4 days 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.
4 days 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.
4 days ago
Access Pensions has emphasised its commitment to offering thorough guidance and assistance to customers interested in Pension Backed Mortgages (PBMs).