By Bajowa Oni It is hard to argue that, considering current economic realities, an update of the minimum wage is not necessary.When the current administration came into office a year ago, inflation was at 22 percent. It now stands at…
…Offers N100m in grants and mini-MBA scholarships By Opeyemi Abdulsalam Access Bank has opened applications for its Womenpreneur Pitch-a-ton programme, aimed at empowering female entrepreneurs. This year’s programme will award 120 winners with business grants and a certified mini-MBA programme…
By Opeyemi Abdulsalam Nigeria’s money supply has reached a record high, according to recent data from the Central Bank of Nigeria (CBN). The total amount of money in circulation, known as M3, stood at N99.23 trillion in May 2024. Despite…
By Esther Agbo Overview Nigeria’s housing market, a critical component of its economy, reflects the broader economic trends and challenges facing the country. Despite significant obstacles, including economic volatility and a substantial housing deficit, the sector exhibits resilience and potential…
President Bola Ahmed Tinubu on Tuesday appointed Ademola Adebise, a former managing director of Wema Bank, as chairman of the board of Family Homes Funds Limited (FHFL). Adebise, an alumnus of the University of Lagos, is 57 years old. As…
The Executive Chairman of the Economic and Financial Crimes Commission (EFCC) Mr. Ola Olukoyede has disclosed that public corruption is the bane of development in Nigeria. He made this disclosure in Abuja on Tuesday, July 2, 2024 while receiving the…
…Says Development banks have leveraged over $1bn in renewable energy By Matthew Denis, Abuja In a bid to enhance electricity supply and distribution across the country, the Minister of Power, Adebayo Adelabu has wooed investors to make additional investments to…
…As Sanwo-Olu assures of working relationship FirstBank of Nigeria has expressed its willingness to partner with the Lagos State Government to develop power projects in the state. Managing Director/Chief Executive Officer of the Bank, Mr. Olusegun Alebiosu made this known…
…Says foreign investors will only come when local investors are thriving …As VP Shettima harps on local content By our Correspondents President of the Dangote Group, Aliko Dangote, has made a case for the Federal Government (FG) of Nigeria to…
Access Holdings Plc on Tuesday, held a formal signing ceremony as part of the arrangements to raise a total of N351,009,103,017.25 (Three hundred and fifty-one billion, nine million, one hundred and three thousand, seventeen naira and twenty kobo) by way…
