Business News
1 day 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.
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 of the National Insurance Commission (NAICOM) continues to generate interest in various segments of the industry.
2 days 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
2 days ago
Inflation will hit 34.98 per cent this month, analysts at Cordros Capital analysts have said.
2 days 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.
2 days 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.
2 days ago
Transcorp Hotel Plc said its five-star Lagos Ikoyi is near completion and will be delivered by 2027.
3 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,
3 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.
3 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.
3 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.
3 days ago
The Academy Press Plc has expanded its operations to improve quality colour prints and high-speed web offset presses.
3 hours ago
The Managing Director of Nigeria Breweries Plc, Hans Essaadi, said the fact that the naira has shown some appreciation against the dollar in recent weeks has had little or no impact on input cost.
3 hours ago
The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, Ojaja II, said the recently-launched Tingo Cola and Tingo Electric energy drink would not only deepen local content principles and compete locally with other exportable brands but would also provide employment to hundreds of youths in the country.
3 hours ago
Despite the abundance of raw materials needed for self-sufficiency and the production of pulp and paper in the country, Nigeria is still missing out on the massive income to be made on the production, sale and export valued at $360 billion.
3 hours ago
To halt the fresh panic building over the fate of the naira, the Central Bank of Nigeria (CBN) is set to disburse another tranche of liquidity intervention to 1,583 Bureau de Change operators.
3 hours ago
Oil-producing communities in Niger Delta have called for transparency and accountability in the ongoing divestment of oil and gas assets in the region.
3 hours ago
The Presidential Enabling Business Environment Council (PEBEC) in its 2023 Business Facilitation Act (BFA) has adjudged the Nigerian Content Development and Monitoring Board (NCDMB) and the Standards Organisation of Nigeria (SON) as best in business facilitation, with 29 agencies scoring below 50 per cent.
3 hours ago
Daniel Oyeduntan, a seasoned professional with about a decade of experience in data science and machine learning, is capturing the attention of the technology industry across EMEA.
3 hours ago
With a focus on maximizing production from the hydrocarbon assets to enhance revenues and meet production quota, the Nigerian National Petroleum Company Limited (NNPCL) and its joint venture partner in the Awoba Unit Field, Newcross Exploration and Production Limited, have resumed production from the field with an initial average production of 8,000 barrels per day (bpd)
3 hours ago
The Nasarawa State government said it is leveraging industrial, agricultural and mining potential for inclusive and sustainable wealth creation in a bid to drive its industrialisation agenda and position the state as an economic hub.
3 hours ago
With a headline inflation rate of 33.2 per cent and food inflation of 40.01 per cent, chiefly blamed on the high cost of transportation, which has continued to rise, it might take a while for respite to come.