Rt. Reverend Akinpelu Johnson
The Bishop of Lagos Mainland Church of Nigeria (Anglican Communion), Rt. Reverend Akinpelu Johnson has appealed to President Bola Ahmed Tinubu to prioritise the power sector by making it functional.
The Nigeria Interbank Settlement System (NIBSS) has called for the disconnection of switching companies, payment solution service providers (PSSPs) and super agents (SAs) from the instant payment outwards system
15 mins ago
The Director-General of the Securities and Exchange Commission (SEC), Lamido Yuguda, said the Islamic finance segment of the financial industry reached an estimated $2.9 billion as at the end of 2022 with outstanding Sukuk accounting for 57 per cent of the amount.
16 mins ago
Stakeholders in oil and gas as well as manufacturing industries have raised concerns about the implementation of some sections of the country’s local content, especially the human capital development fund even as they warned that excess levies may cripple the sector.[
21 mins ago
The Corporate Affairs Commission (CAC) has commenced the implementation of the requirement of N100 million minimum paid-up capital for companies with foreign participation
22 mins ago
The Debt Management Office (DMO) has announced the offer for subscription of four Federal Government of Nigeria (FGN) bonds valued at N360 billion.According to a statement issued by the DMO through its official X handle, the first offer is due April 2029 FGN bond valued at N90 billion, at an annual interest rate of 14.55 per cent.
27 mins ago
•FUGAZ shares rise by 136% in one year FBN Holdings Plc broke the N1 trillion capitalisation ceiling at the end of yesterday’s trading after its stock surged by close to 10 per cent for the third consecutive session to settle for N29.40 kobo. With yesterday’s rally, the premier bank has joined Zenith Bank and GTCO…
28 mins ago
The Cross River State Government and Oando Clean Energy (OCEL), the renewable energy business subsidiary of Oando Energy Resources, signed a memorandum of understanding (MoU) for the rollout of electric vehicles for mass transportation within the state at the ongoing 28th edition Conference of the Parties (COP28) in Dubai, United Arab Emirates (UAE)
42 mins ago
Seven months after handing quit notice to 22,500 police officers living in the 25 barracks marked for demolition by the Lagos State government, the Nigeria Police Force (NPF) is yet to effect payment of rent to the displaced officers seven months after the promise was made.[
57 mins ago
Protesters yesterday invaded the National Assembly complex in Abuja, over the killing of scores of innocent citizens by a military drone on Sunday in Kaduna State after a misinterpretation of activities at the scene. This is as the United Nations (UN) deplored the airstrike, which is one of the country’s deadliest military bombing accidents.
1 hour ago
A global leader in consumer goods, Procter & Gamble Nigeria is the latest casualty of Nigeria’s harsh operating environment, as the company, yesterday, announced that it was transitioning local operations to an import-only model, effectively dissolving its on-ground presence in the country