UDUF Africa Organises Summit for Young Entrepreneurs
One of the fastest growing and most reputable NGOs in the Country, Ultimate Destiny Uplifters foundation(UDUF Africa) has organized an...
Business
CBN marks 1st anniversary of eNaira
The Central Bank of Nigeria (CBN), has unveiled activities to mark the first anniversary of its digital currency, the eNaira....
NGX maintains bullish trend, indices rise by 0.15%
Transactions on the Nigerian Exchange Ltd. (NGX) on Friday remained bullish with crucial market indicators growing by 0.15 per cent....
Shoprite reopens Circle Mall after #EndSARS incident
Retail Supermarket Nigeria Ltd (RSNL), owners of Shoprite in Nigeria, has announced the resumption of commercial activities at its store...
CBN sells Polaris Bank to new investor
The Central Bank of Nigeria (CBN) and the has announced the sale of Polaris Bank to a new core investor,...
Stock market decreases further by 2.31%
The Nigerian Exchange Ltd. (NGX) declined further on Wednesday as market capitalisation depreciated by N570 billion or 2.31 per cent,...
Inflation pushes stock market down by N655bn
The market capitalisation of the Nigerian Exchange Ltd (NGX) dropped by N655 billion, following the hike in the nation’s inflation rate to 20.77...
NAMA installs surveillance equipment to monitor low-flying aircraft
The Nigerian Airspace Management Agency (NAMA) says it has achieved 80 per cent installation of the Wide Area Multilateration (WAM)...
Air Peace ready to operate direct flights to Israel — CEO
The Chief Executive Officer, Air Peace, Mr Allen Onyema, has expressed the company’s readiness to operate direct flights to Israel....
Firm to establish Africa’s largest farmers’ market in Nigeria
An integrated agro-business company, First Aquagrico Farms Nigeria Ltd., is perfecting arrangements to establish Africa’s largest farmers market in the...
Equity market declines by N4bn on profit taking
The Nigerian equity market on Thursday posted negative results due to profit taking in some Tier-One banking stocks by investors....
DMO re-opens 3 FGN Bonds valued at N225bn at 1,000 per unit
The Debt Management Office (DMO) has re-opened three Federal Government of Nigeria (FGN) Bonds valued at N225billion for subscription, for...
We own Obajana Cement plant 100% – Dangote Group
The management of Dangote Industries Ltd. (DIL) says it owns Obajana Cement plant 100 per cent and its acquisition in...
GITEX 2022: Nigerian start-ups qualify for semi-final pitch competition
Nine Nigerian technology innovators and start-ups had qualified for the semi-finals of the Supernova Challenge Pitch competition at the on-going...
Geregu power coy records N71bn revenue in 2021
Geregu Power, a newly listed power generating company, said its revenue stood at N70.957 billion in the 2021 financial year....
3 economists share 2022 Nobel Prize in Economics
The Royal Swedish Academy of Sciences on Monday decided to award the 2022 Sveriges Riksbank Prize in Economic Sciences in...
NASRDA woos Dangote, Elumelu, others to invest in space tech
The National Space Research and Development Agency (NASRDA), on Monday urged business moguls like Aliko Dangote and Tony Elumelu, among...
Insurance industry’s assets hit N2.3trn in second quarter of 2022
Nigeria’s insurance industry’s total assets grew to about N2.3 trillion in the second quarter of 2022, indicating an increased growth...
Insurance industry records over N369bn premium in Q2
The Insurance Industry has recorded N369.28 billion Gross Premium Income for life and non-life businesses in the second quarter, a...
Nigeria’s Social Cohesion Index now at 39.6% – API Report
A new study released by the Africa Polling Institute (API), a non-profit research institute, has revealed that Nigeria’s Social Cohesion...
