The Federation Account Allocation Committee (FAAC) has shared a total sum of N636.602 Billion April 2022 Federation Account Revenue to the Federal Government, States and Local...
Amid the scarcity of aviation fuel, airfare has jumped by 52.44 per cent in one year, according to the National Bureau of Statistics (NBS). This means...
Bullish sentiments resurfaced in the domestic stock market at the end of yesterday trading session, as bargain hunting in Airtel Africa and 10 others drove the...
Chief executive officer of an Abuja-based consultancy firm, Dr Tope Fasua has said the decision to raise the Monetary Policy Rate (MPR) to 13 percent can...
The Professional Evaluation and Certification Board (PECB), which is the international body responsible for the certification of Quality Management Systems, has recertified the Industrial Training Fund...
The Abuja Electricity Distribution Company (AEDC) has said it would continue to partner with security agencies to fight vandals off its assets. The AEDC’s chief marketing...
Fast food chain, Domino’s Pizza has reduced the price of pizza with the launch of the everyday value range pizzas. The recent development is in response...
The Nigeria Ports Authority (NPA), yesterday, said plans are in the works to partner with the World Maritime University (WMU), the Nigerian Navy Hydrography Department, the...
The Central Bank of Nigeria (CBN) said it has disbursed the sum of N57.91 billion for the execution of 185,972 projects under the anchor borrowers’ programme...
Siemens Energy has reiterated plans to fully transit from fossil to sustainable energy through a management restructuring and shares evaluation. The company has already launched a...
As studies reveal importance of gas in driving global energy mix, opportunities in Nigeria’s gas industry will dominate discussions at the 2022 Energy Transition Forum, scheduled...
Participants at the just concluded Nigerian Content Midstream and Downstream Oil and Gas Summit organised by the Nigerian Content Development and Monitoring Board (NCDMB) have beckoned...
Russia’s war has made UK investment in clean and renewable energy in Africa more urgent, a minister said, casting various countries’ plans to tap into their...
The Central Bank of Nigeria (CBN) has denied the sack of its governor, Mr Godwin Emefiele, describing the report as an unfounded rumour. It was rumoured...
The Accident Investigation Bureau, Nigeria (AIB-N), yesterday, released three reports of serious incidents and accidents that rocked the nation’s aviation sector. The reports which was released...
The Advertising Practitioner Council of Nigeria (APCON) has expressed the need to regulate unwholesome and provocative advertising practices in traditional and new media space by taking...
Metering electricity consumers has remained a serious challenge in Nigeria’s electricity supply industry (NESI) as utility companies struggle to fill the gap more than eight years...
The managing director of Old Mutual Nigeria, Mr. Olusegun Omosehin, has said. for Nigeria to achieve its Sustainable Development Goals (SDGs) on universal education, a groundswell...
The Association of Senior Staff of Banks, Insurance and other Financial Institutions (ASSBIFI) has expressed displeasure over low level of insurance penetration in the country. The...
Stanbic IBTC Pension Managers Limited, has stated, it would continue to empower female entrepreneurs through its virtual Ladies at The Table Empowerment Series (LATTES). The company...
Without a doubt, the Banking, Financial Services & Insurance (BFSI) industry is undergoing a dramatic digital transformation that has led the way with new FinTech &...
From America to Europe, Asia to Africa and across the globe, tax incomes are a major source of revenue for every government to function and deliver...
The Nigeria Extractive Industries Transparency Initiative (NEITI) is reviewing the frameworks for gender and environmental impacts within Nigeria’s extractive industry in order to address their peculiar...
With the high rate of drug abuse in the country, influx of banned items such as foreign parboiled rice, tramadol, Codeine, Viagra among others, operation of...
Aura by Transcorp Hotels, an online booking platform which allows people to book hotels and short let apartments, experiences, among others, has received a Special Recognition...
The United Bank for Africa (UBA) Plc, celebrated this year’s Africa Day in commemoration of African unity with the fourth edition of its annual UBA Africa...
Global technology company, Uber has facilitated 1 billion trips in Africa since entering the market less than 10 years ago with over 10 billion kilometres of...
The director-general of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh, has restated the Agency’s commitment to ensuring effective pollution prevention and control...
Agusto & Co has affirmed the ‘A-’ rating assigned to the N41.2 billion 10-year Subordinated Unsecured Fixed Rate Series 1 Bond of Fidelity Bank plc due...
The Securities and Exchange Commission, has said the identity management system being developed by the capital market would tackle the lingering identity management issues while allowing...
The federal government has conferred the National Productivity Order of Merit (NPOM) award on a Lagos-based oil company, Brittania U Nigeria Limited and 48 others for...
As part of efforts to boost the capacity of Nigerians to work in the oil and gas industry, the Petroleum Technology Development Fund (PTDF) has shortlisted...
Nigerian experts who have done extensive research on the crisis that befalls retirees from the Nigerian civil service have suggested ways through which civil servants can...
Managing director, Techno Gas Ltd, Mrs Nkechi Obi, has called on the federal government to intervene in halting the rising price of cooking gas in the...
A group, South West Professional Forum (SWPF) has hailed the decision of the Central Bank of Nigeria (CBN) to raise the Monetary Policy Rate (MPR) to...
Experts have advocated for a sustainable lifestyle to stem the looming food and energy crises that may arise from the current climate change occasioned by the...
The National Emergency Management Agency (NEMA) and the Federal Airports Authority of Nigeria (FAAN) have dismissed report of plane crash-landing in Ikeja, Lagos. In a chat...
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) yesterday, in a historic decision raised lending rate for the first time in about two...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised Monetary Policy Rate to 13 per cent, first time in two and...
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...
A lady identified as Princess on Twitter has revealed how she found out that her husband was having an affair with his business partner. Princess said...
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...