Tuesday, 19th March 2024
To guardian.ng
Search

Business

1 day ago
Tokyo shares opened higher Monday as investors cheered the yen's slide with their eyes on the Bank of Japan's possible upcoming interest rate hike.
1 day ago
As inflation spiked to a fresh height last month, curbing the unpleasant situation is undoubtedly one of the major tasks that will be confronting the Central Bank of Nigeria’s (CBN) Monetary Policy Committee as it meets next week.
1 day ago
Experts have expressed worries that paucity of funds and high cost of credit now constitute major impediments to real estate growth. They urged authorities to boost infrastructure provision and reduce the high interest rate that hinders..
1 day ago
On a beautiful Saturday zzzmorning, I find myself strolling down the aisle of the grocery store in my neighborhood and as I approach the section dedicated to cooking oils, I am greeted by an array of options.
1 day ago
The National Insurance Commission (NAICOM) in collaboration with the industry stakeholders is mapping out strategies for an effective smooth adoption of the International Financial Reporting Standard (IFRS) 17.
1 day ago
The financial services industry (measured by volume) led the activity chart with 1.1 billion shares valued at N23.2 billion traded in 19,896 deals, thus contributing 64.04 per cent and 43.8 per cent to the total equity turnover.
1 day ago
The National Advisory Council (NAC) of Nigeria Group of Chartered Institute for Securities and Investment (CISI) has highlighted how to maximise investment opportunities in a volatile market, especially through infrastructure financing.
1 day ago
Pension fund administrators (PFAs) who fail to enlighten pensioners on programmed withdrawal and other features risk a fine of N500,000. The National Pension Commission (PenCom) said the feature includes retirement life annuity
2 days ago
The Nigeria Customs Service (NCS), Tin-Can Island Command has intercepted 11 Rifles, six pistols and ammunition alongside banned drugs in different containers at the Tin-Can Island Port.
2 days ago
The Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs.Folashade Ambrose-Medebem has warned that the advent of Artificial Intelligence in online and digital market must not be at the expense of the citizens’ rights and well-being.
2 days ago
The Minster of Power, Adebayo Adelabu, has assured Nigerians that the ministry would do all it could to ensure that electricity distribution companies (DisCos) step up their games through massive investment, noting, “if that fails, it will resort to legal backing.”
2 days ago
Fans of Smirnoff Ice are in for an ultimate treat as the brand launches its ‘Chill & Win Big’ promo, promising lucky consumers an unforgettable trip to Zanzibar alongside Nigerian afro soul sensation, Omah Lay.
2 days ago
An indigenous firm, Jarikre has unveiled an innovative e-commerce solution aimed at enhancing fashion pre-purchase decision-making for Nigerians. 
2 days ago
West Africa is poised to claim a prominent place on the global stage in the textile industry, spurred by the ambitious initiatives of ARISE Integrated Industrial Platforms (ARISE IIP). Countries across the region, including Benin, Togo, Côte d'Ivoire, and Mali, known for their significant cotton production, are undergoing a transformational shift from traditional raw cotton…
3 days ago
It has been a beehive of activities at the Arc. Sonny Echono-led Tertiary Education Trust Fund (TETFund) in the last one week.
4 days ago
The Bank Directors Association of Nigeria (BDAN), led by Chairman of the Board of Directors, Mustafa Chike-Obi, has called for collaborative policies to support the growth of the banking sector.
4 days ago
The African Refiners and Distributors Association (ARDA) will, next month, converge over key industry issues and financing solutions for sustainable infrastructure projects on the continent, especially in the oil and gas downstream segment.
4 days ago
To break the vicious cycle of inflation and low growth, there is a need to adopt structural reform that would support economic growth and mitigate the impact of monetary policy changes.
4 days ago
The Maritime Organisation of West and Central Africa (MOWCA) has appealed to the United States government to lift the restriction placed on some member countries allegedly involved in illicit shipping activities.
4 days ago
The United Kingdom-Nigeria Tech Hub of the Foreign Commonwealth and Development Office and a women-focused fintech company, Herconomy, have emphasised the need for women to
4 days ago
A major Internet disruption hit West and Central Africa, yesterday, the Internet observatory, Netblocks said, citing reports from operators of multiple subsea cable failures.
4 days ago
Coronation Group in its maiden edition of the Infrastructure Report, has highlighted the role of the private sector in funding critical infrastructure.
4 days ago
The Nigerian Exchange Limited (NGX) sustained gains yesterday, as the all share index (ASI) appreciated further by 0.05 per cent. At the close of transactions yesterday, market capitalisation of listed equities.
14 Mar
Months after the Central Bank of Nigeria (CBN) halted direct intervention in the economy, the monetary authority has allocated 2.15 million bags of fertilizer valued at N100 billion to the Federal Ministry of Agriculture and Food Security for distribution to farmers.
14 Mar
EcoBank TransNational Incorporated (ETI) and Julius Berger traded higher at the end of yesterday’s transactions on the equities sector of the Nigerian Exchange Limited (NGX).
14 Mar
National President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dele Kelvin Oye, has warned that while the immediate effect of the devaluation of the naira on exports may be positive, the broader implications are multifaceted, especially, trade.
14 Mar
The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Dr Philip Mshelbila, has expressed optimism regarding the recent Executive Order on Oil and Gas Reforms signed by President Bola Ahmed Tinubu.
14 Mar
Despite the abundance of pulp and paper materials (fibrous and non-fibrous), Nigeria’s paper mills remain moribund, forcing the country to spend billions of naira on the importation of papers yearly.
14 Mar
A limestone-rich community in Edo State, Okpella, has called on President Bola Ahmed Tinubu to order cement giants operating in the state to commence the construction and expansion of the Okpella-Benin Expressway under the federal government tax credit scheme.
14 Mar
The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, has canvassed for more investments in the ICT sector.
14 Mar
An advisory services firm, FITC has stressed the need for equitable policies and supportive social structures to create an impactful and inclusive workplace.
14 Mar
As part of its vision to help small and medium-sized enterprises (SMEs), Dun & Bradstreet, a global provider of business data and analytics, has launched new variants of its flagship product called the ‘D-U-N-S RegisteredTM Seal’.
14 Mar
Sundry Foods Limited (SFL) has reassured its commitment to creating an inclusive work environment that empowers and uplifts female employees.
14 Mar
Trading indices has grown in popularity among traders during the past several decades. The statistical performance of the stocks that comprise an index can be measured by looking at the index itself. By trading indices instead of individual equities, investors can bet on the movement of an index as a whole.  Buying and selling stocks…
13 Mar
Global merchandise trade could start to show some modest gains in the first quarter of 2024 after a weak performance last year, the World Trade Organisation (WTO) Goods Trade Barometer report has revealed.
13 Mar
In a bid to boost local production, ensure food security and turn Nigeria into a major food processing hub in Africa, GB Foods has announced a significant expansion of its investment in the country with an integrated tomato processing plant and expanded farm facilities in Gafara, Ngaski Local Government Area of Kebbi state.
13 Mar
To address the challenges posed by foreign exchange (FX) scarcity, CEO and Co-founder, SeamlessHR, Emmanuel Okeleji, has urged local businesses and industries to consider leveraging local software as a service (SaaS) solutions.
13 Mar
To sustainably solve the problem of inadequacy of sourcing raw materials for local manufacturing, the Minister for Science, Innovation and Technology, Uche Nnaji, said raw materials development and research must receive better funding and priority going forward.
13 Mar
Sophos, a cybersecurity firm, has said that ransomware remains the biggest threat to small and medium businesses (SMBs), stressing that they are deployed to steal information.
13 Mar
The Ibadan Electricity Distribution Company (IBEDC) has expressed apprehension over the escalating challenges adversely affecting power supply and highlighted critical issues, including a shortage in gas supply, maintenance crisis and a surge in vandalism, which are significant impediments to ensuring a consistent and reliable power distribution.
13 Mar
The Women in Energy, Oil and Gas (WEOG) has pledged to collaborate with other stakeholders on regional and global platforms in addressing energy challenges and advancing their common goals.
13 Mar
Experts have predicted that the enforcement of the Central Bank of Nigeria’s (CBN) loan-to-deposit ratio (LDR) will compel commercial banks to generate risky assets over the short to medium term.
13 Mar
The United Kingdom’s Department for Business and Trade (DBT) has urged startups from Nigeria, South Africa, Kenya and other parts of Africa to participate in its Unicorn Kingdom – Pathfinder Awards (UKPA).
13 Mar
Amidst the ripple effect of climate change on food security, the federal government has appealed to the International Fund for Agricultural Development (IFAD) to release the $5 million adaptation grant for the Smallholder Agriculture Programme (ASAP) under the Value Chain Development Programme (VCDP).
13 Mar
Female entrepreneurs have advised small and medium scale enterprises (SMEs) operators and would-be business owners to focus more on acquiring requisite skills and invest in self-development to enable them to build prosperous brands that would stand the test of time.
13 Mar
TGI Distri, a sales, marketing and distribution company, which is a subsidiary of the TGI Group, renowned for leading brands such as Terra Cube, Golden Terra Oil, and Big Bull Rice, recently hosted its Annual Distributor's Meet with enthusiasm and fanfare.
13 Mar
The dominance of the bulls continued unabated at the end of transactions yesterday on the equities sector of the Nigerian Exchange Limited (NGX) as the all-share index gained 1.5 per cent amid price appreciation in MTN Nigeria Communications (MTNN) Plc and 34 others.
13 Mar
The Chancellor of Dominion University (DU), Ibadan, Bishop Victor Adelakun and General Overseer of The Calvary Bible Church, Dr. Olumide Emmanuel
12 Mar
The African Guarantee Fund (AGF) and United Bank for Africa (UBA), yesterday, signed a partnership to enable UBA to provide $100 million in new loans to small and medium enterprises (SMEs) and business owners across the 20 African countries where the bank has a presence.
12 Mar
Chairman of the African Minerals Strategy Group and Minister of Solid Minerals Development, Dr Oladele Alake, yesterday, called on African countries rich in minerals to consider using their proven mineral reserves ..
12 Mar
Despite the relative foreign exchange stability in the last two weeks, rising operating costs, skyrocketing prices of raw materials, high energy and transport costs amongst other issues have seen more local brewers
12 Mar
The federal government has called for commercialisation of research outcomes to boost job creation for the teeming population. The Minister of Innovation, Science and Technology, Uche Geoffrey Nnaji
12 Mar
The federal government has called on member states of the Economic Community of West African States (ECOWAS) to forge a common front in the fight against terrorism financing in the sub-region.