Nigeria’s equities market furthered its movement southwards as more investors took sell positions on Tuesday. The market decreased further by 0.24 percent or N132 billion at the close of trading on Tuesday as more investors exited long positions in some…
Operatives of the Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) have arrested thirteen fake bureau de change operators in Lagos. They were arrested for operating BDC without an appropriate licence. The suspects are Abdulahi Musa, Garba Abdullahi,…
Warm, hospitable, highly intelligent and a great leader are some of the words commonly mentioned when the name Folake Soetan is mentioned in any room. Folake is a Business Executive with over 22 years professional experience in the management of…
The naira on Tuesday continued its free fall across the foreign exchange (FX) market, depreciating to a new low of 1,530 per dollar on the parallel market, also known as the black market. This represents 0.98 percent (N15/$1) depreciation compared…
The Nigerian Upstream Petroleum Regulatory Commission has announced the commencement of the bidding process for 12 oil blocks recently listed for sale. It also signals the start of the 2024 Nigeria Petroleum Licensing Round and the resumption of the 2022/2023…
The Corporate Affairs Commission(CAC) is exploring ways to make use of high-powered computing, HPC, artificial intelligence, AI, and other products and services of the National Agency for Science and Engineering Infrastructure (NASENI) to enhance its operations. This indication was given…
Nigerian Exchange Group Plc realised N6.959 billion from transaction fees and treasury investment income in the 2023 financial year ended 31 December 2023. This/ was contained/ in the group’s 2023 annual financial report. The amount represents a 34.19 percent growth…
Millions of Nigerians are groaning because of the devastating inflationary pressure that is making it impossible for many to consume the minimum calories required for a healthy living. It is known that Nigeria’s macroeconomic environment has become very harsh in…
The National Information Technology Development Agency has signed a Memorandum of Understanding, (MoU) with the Cisco System Incorporation to advance Nigeria’s digital transformation. Cisco’s Country Digital Acceleration (CDA) Programme is a global initiative that partners with government and private sector…
…Regional Maritime Development Bank Underway By Seun Ibiyemi The Federal Government has advanced the process of developing a National Policy on Marine and Blue Economy which is envisaged to deliver the target of over $2.7 billion contributions of the sector…
