The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised Monetary Policy Rate to 13 per...
Increased lending by banks to businesses and the economy jacked up interest income in the banking sector, hence, reflecting on the cumulative net profit of N261.991...
Oil prices climbed yesterday with U.S. fuel demand, tight supply and a slightly weaker U.S. dollar supporting the market. The oil market also reacted positively as...
Nigeria’s Gross Domestic Product (GDP) grew by 3.11 per cent (year-on-year) in real terms in the first quarter of 2022, National Bureau of Statistics (NBS) stated...
The Nigerian Communications Commission (NCC) has advised telecom consumers and other Information and Communications Technology (ICT) end users on the need to always enable automatic update...
The federal government has called for synergy among stakeholders in the midstream and downstream sectors to strengthen local content and boost the country’s domestic refining capacity....
Farmers in the South-East geopolitical zone have urged the federal government to supply subsidised fertilisers and other farm inputs directly to their associations to end the...
Energy company, Shell has inaugurated the second and final phase of its comprehensive health care projects for Oloibiri and other communities in Ogbia Local Government area...
The Nigerian National Petroleum Company Limited (NNPC) and energy and infrastructure conglomerate, Sahara Group, have taken delivery of two 23,000 CBM Liquefied Petroleum Gas (LPG) vessels...
Union Systems Limited, Africa’s leading Trade Finance Software Company today announced that Fidelity Bank, a leading financial institution in Nigeria has chosen its KachasiTM Trade Finance...
Zinox Group has come out to say it is currently not planning to acquire the pan-African e-commerce brand, Jumia This puts paid to the rumour sub-Saharan...
Former minister of power, Barth Nnaji, has called for the establishment of regional grids as the solution to Nigeria’s erratic power supply. Nnaji said this yesterday...
Nigeria’s external reserves fell by $216.85 million within four days, buckling under the heightening inflationary pressure, the latest data from the Central Bank of Nigeria (CBN)...
Despite the challenging environment, Nigerian Sovereign Investment Authority (NSIA) has announced that it delivered impressive financial results, underscoring the resilience of its strategy. For the 9th...
How critical is financial inclusion to the nation’s economic growth? Financial inclusion has assumed a greater level of importance due to its perceived relevance as catalyst...
Fitch Ratings has downgraded the Ghana subsidiary of Guaranty Trust Holding Company (GTCO) to ‘b-’ due to its level of revenue diversification, risk profile and business...
Heirs Oil & Gas, Africa’s integrated energy company reaffirmed its commitment to the elimination of routine flaring from its OML 17 by 2025, in compliance with...
Retailer of luxury goods, Polo Limited, is introducing IWC Schaffhausen, the famed makers of Swiss luxury timepieces, into the Nigerian market. In a statement, the firm...
With an outstanding obligation of N19.24 trillion at the domestic bond market as at December 2021, the federal government through the Debt Management Office (DMO), has...
The Bank of Industry (BoI) has declared a dividend payment of N7.89 billion to its shareholders, comprising of; the ministry of Finance Incorporated and the Central...
President of the Dangote Group, Aliko Dangote has challenged state governments to consider as topmost priority, the provision of enabling environment for investments as a potent...
T he direction of the Nigeria equities market for this week is expected to be uptrend despite the decline witnessed last week, as investors expect to...
The African Development Bank (AfDB) has said the high five programme of the Bank has impacted no fewer than 335 million people and households across African...
Policyholders who suffered insured risks were able to claim N11.6 billion from NEM Insurance Plc in 2021, thus, returned them back to the financial position they...
FMDQ Securities Exchange Limited, through its Board Listings and Markets Committee, has approved the listing of the PAT Digital Infra Fund SPV Plc N10 billion Series...
The World bank, Africa Export Import bank and International Finance Corporation (IFC), have expressed desire to provide fund for the repair of the collapsed infrastructure at...
Airtel Nigeria has affirmed the need to leverage collaborative efforts to reach out to vulnerable individuals, institutions and communities in the country. This, it said, would...
The current visa environment between Nigeria and the United States(US) is the biggest limiting factor hindering trade between both countries, the head of Commercial Section/Commercial Counsellor,...
Ahead of the 2022 Africa Soft Power Summit in Kigali, leading stakeholders across Africa’s creative and knowledge industries, have called for increased collaborations, towards the advancement...
The chief executive officer, Nigerian Exchange (NGX) Limited, Temi Popoola, has canvassed for increase in long-term sustainable finance to achieve the Sustainable Development Goals(SDGs) in Sub-Saharan...
Despite the operational and economics challenges faced by business operating in the country, NASCON Allied Industries Plc, has continued to respond with determination and creativity and...
Nigeria’s cautious approach to the endorsement of the Organisation for Economic Cooperation and Development (OECD)/G20 inclusive framework two-pillar solution to the taxation of the digital economy...
The Central Bank of Nigeria (CBN) has debunked rumours that it is planning to withdraw naira notes from circulation and replace it with its digital currency,...
Livebic, a new platform for content creators to market and deliver their content, has emerged the overall winner of the MarkHack 1.0 competition. The founders of...
As part of its corporate social responsibility, Ashaka Cement, a subsidiary of Lafarge Africa Plc, has connected Badabdi village in Funkaye Local Government Area of Gombe...
The Federal Competition and Consumer Protection (FCCPC) and the Nigerian Data Protection Bureau, NDPB, have established Joint Mutual Enforcement Desk (JED) to strengthen data protection and...
The federal government through the minister of Finance, Budget and Planning, Dr. Zainab Shamsuna Ahmed, has charged insurance companies in the country to develop new innovative...
The federal government, in April, 2022, approved the reopening of Idiroko, Jibia, Kamba and Ikom land borders. This is coming three years after the government shut...
Dettol Nigeria recently made product donations to the federal government through the Federal Medical Centre(FMC), Abuja as part of its activities to mark the 2022 World...
MTN Nigeria recently hosted the first ever gathering of the Nigerian Business and Disability Network (NBDN), an employer-led platform launched in 2020 and incubated by Sightsavers...
The federal government is making effort to deliver two units of 330 kV power transmission substations in Katsina and Kano states along with the transmission lines...
African fintech startup, NowNow Digital Systems Limited, has launched a first of its kind fully integrated near field communication (NFC)-enabled wallet for SMEs, agents and consumers....
Fintech expert, Ambassador Ehis Daniel well known as the Coin Doctor has launched a new financial service brand, Goldenxchange to help financial economy growth in Nigeria....
The Central Bank of Nigeria has said that paper currency will soon be out of circulation, urging market men and women to sign into the e-Naira....
The Federal Executive Council has approved a plan to incentivise and further harness Nigeria’s digital innovation and entrepreneurship ecosystem, during its meeting on 18th May, 2022....
Affiliate marketing is a multi-billion dollar industry that continues to grow in leaps and bounds. Affiliate marketing simply means recommending or selling helpful products to people...
For Plateau State Governor, Simon Lalong and delegates of the All Progressives Congress (APC) in the State, nothing would interest them more than the emergence of...
Access Holdings Plc announced it has entered into a definitive agreement with First Guarantee Pension Limited regarding the potential acquisition of majority equity stake in the...
The general manager, Home Entertainment, TV Division, LG Electronics West Africa, LG, Mr. Choongbae Seok said the global technology company is focused on delivering innovative televisions...
Leading financial institution, Fidelity Bank Plc, has announced plans to host an exports roundtable and policy sensitisation workshop for businesses in Benin-City, Edo State capital in...
The Federal government has launched the first digital Fabrication Laboratory (FABLAB 1.0) to boost Nigerian startups and digital innovations hubs in line with the implementation of...
In the buildup to the political activities that would herald the selection of candidates for the forthcoming general elections, the Nigerian Economic Summit Group (NESG) and...
Minister of Finance, Budget and National Planning Zainab Ahmed has asked the management of the Nigerian Export-Import Bank (NEXIM) to intensify efforts at ensuring the full...
The Nigerian Railway Corporation (NRC), on Friday, has announced an indefinite suspension of the Abuja-Kaduna passenger train services, which was initially scheduled to resume on May...
The Federal Airports Authority of Nigeria (FAAN), has confirmed the discovery of a dead body on runway 18R/36L on Thursday, saying investigation on the development has...
Oya Food Nigeria, a growing agro business firm offering great nutritional value in the country, on Friday, announced its decision to take over Black Purist ECO...
PISI Integrated Services has unveiled spin lotto as part of its commitment to reward its loyal customers. In a statement made available to LEADERSHIP, managing director...
The domestic equities yesterday bounced back from losses earlier in the week, as market capitalisation gained N298 billion. Precisely, the All-Share Index inched higher by 554.15...
Mastercard and OPay have announced an interconnected global payment ecosystem partnership to boost digital commerce to people across Middle East and Africa (MEA). In a statement...
Nigeria LNG Limited has been recognised by the Federal Inland Revenue Service (FIRS) as its most Supportive Tax Payer. This recognition was conveyed by the executive...
Clearing agents operating at the nation’s seaports, vehicle importers and the Nigeria Customs Service (NCS), yesterday, unanimously agreed to the redeployment of the suspended Vehicle Identification...
Some experts have urged Nigerians to grow the food they eat and be more productive to control inflation. The experts were reacting to the April inflation...
The Kaduna Chamber of Commerce, Industry, Mines and Agriculture (KADCCIMA) has called for the support and goodwill of all for a special appeal for the effective...
Stakeholders in the maritime industry have called on the federal government to dissolve the boards of some agencies, including the Nigerian Ports Authority (NPA), National Inland...
Airtel Africa, said its subsidiary SmartCash Payment Service Bank Limited has commenced operations in Nigeria. Services will initially be available at selected retail touchpoints, and operations...
The Chairman/CEO of Nigerians in Diaspora Commission (NiDCOM) Hon Abike Dabiri-Erewa, has stated that a comprehensive Diaspora Housing Mortgage Scheme will soon be inaugurated. The NIDCOM...
Following the final approval for a Payment Service Bank (PSB) licence granted by the Central Bank of Nigeria (CBN), MTN Nigeria’s fintech subsidiary, MoMo Payment Service...
Seplat Energy Plc, Nigeria’s leading energy company with dual listing on the Nigerian and the London Stock Exchanges, has announced the appointment of Mr. Basil Omiyi,...
The federal government needs to commence speedy implementation of the host provisions in the Petroleum Industry Act (PIA) 2021 to curb the alarming incidences of crude...
Minister of state for Petroleum Resources, Timipre Sylva has said that an annual investment of around $35 billion could bring electricity access to 759 million Africans...
Director-general of the Bureau of Public Enterprises (BPE), Mr Alex Okoh says the bureau is willing to deploy its expertise to assist the Nigerian Correctional Service...
Nigeria’s leading financial services group and holding company, FBN Holdings Plc, has won two awards at the Year 2022 Nigerian Investor Value Awards (NIVA). The prestigious...
Office of the Accountant-general of the Federation has commissioned a newly constructed Federal Pay Office (FPO) complex in Kano state. The Federal Pay Office in Kano...
Golden Fertilizer company, a subsidiary of Flour Mills of Nigeria plc has recognised top-performing customers in its usual way of celebrating customers who have made significant...
Stakeholders in the African continent have reiterated that for the goal of the United Nations Sustainable Development Goal to be achieved, the private sector must come...
Commodity trading is an act of buying and selling the basic goods or raw materials used in commerce. Commodities are basically raw materials. They play an...
Chi Limited, manufacturer of Nigeria’s dairy brand, Hollandia has urged its consumers to prioritise dairy consumption. The company disclosed this as it held its much anticipated...
The World Bank has said it will make $30 billion available for implementation to address food insecurity over the next 15 months. The bank disclosed this...
The federal government is planning to develop a technology-based renewable energy facility in the country, to boost the country’s capacity to meet the needs of consumers...
Two aggrieved directors of Green Energy International Limited, Dr Bunu Alibe and Mr Ayodele Olojede, have turned down the interim agreement proposed by the firm’s Chairman,...
FBN Holdings (FBNH) Plc, through its subsidiary, First Pension Custodian Limited, agreed with Access Bank Plc to buy out the latter’s pension subsidiary Access Pension Fund...
Fidelity Bank is poised to deepen its support to the small and medium enterprises as part of measures to strengthen Nigerian economy, the bank’s executive director,...
The Economic and Financial Crimes Commission (EFCC) has arrested a former managing director of the Niger Delta Development Commission (NDDC), Nsima Ekere, for alleged diversion of...
Accountant-general of the Federation Idris Ahmed has been suspended by the Minister of Finance, Budget and National Planning, Zainab Ahmed over his alleged embezzlement of public...
Local content drivers in Africa have advocated for a robust approach to foster more home-grown sustainable technology solutions and deliberate investment in research & development, with...
Dangote Cement has recorded a 24.2 per cent increase in its revenue and an 18 per cent increase in its profit after tax in the first...
Trading activities in the domestic equities market yesterday continued on a negative note, as profit-taking witnessed in MTN Nigeria Communications (MTNN) and 26 others caused a...
The Nigerian Ports Authority (NPA) said, it is dissatisfied with the operations of the barge operators operating on the nation’s inland waterways In an interactive session...
Speculations of a potential takeover of pan-African e-commerce firm Jumia Technologies by the Zinox Group, Sub-Saharan Africa’s leading tech conglomerate has seen shares of the e-commerce...
Clearing agents operating at the Tin-Can Island Port complex, on Monday, said the introduction of 15 percent National Automotive Council (NAC) levy by the Nigeria Customs...