By Kayode Tokede The Central Bank of Nigeria (CBN) has disclosed the country’s foreign reserves dropped by $547.9million in first two months of 2021. The foreign reserves have been on consciously decline steady in global oil price, according to Organization…
By Kayode Tokede Access Bank has launched a service called ‘Auto-club by Access’ as a one-stop shop designed to cater to automobile needs of Nigerians by providing auto services. In a statement titled ‘Auto-Club by Access helps customers drive the…
By Kayode Tokede Analysts at FBNQuest Research have predicted marginal increase in the country’s Purchasing Managers’ Index (PMI) for March. The Lagos based firm stated that on a 12-month moving average basis, the headline index picked up slightly from 50.7…
By Ariemu Ogaga, Abuja The Director General, National Information Technology Development Agency (NITDA), Kashifu Abdullahi, has said that nurturing entrepreneurship skills and creating desired social and economic outcomes by facilitating innovative, technology-driven economic growth, through the use of ICT among…
9mobile, has paid glowing tributes to Dr. Ayodeji Falana and other health workers who have been outstanding in the fight against the COVID-19 pandemic in the last one year. Dr. Falana was adjudged most outstanding health worker for his leadership…
The new chief executive of MTN Nigeria Communications Plc, Mr Karl Toriola, has promised to deliver more share value to shareholders of the company. Toriola, who officially assumed office on Monday said he will achieve this goal by working closely…
By Kayode Tokede The Nigerian Stock Exchange (NSE) equities market closed trading on Tuesday on a negative note, due to price depreciation posted by Nestle Nigeria and other 25 stocks. Consequently, the benchmark index declined by 233.81 basis points or…
By Kayode Tokede The Nigerian Stock Exchange (NSE) has announced the launch of its e-Filing Portal, X-Filing, on Tuesday. X-Filing, which comes on the back of the recent upgrade to the NSE Issuers’ Portal, X-Issuer, is a fully integrated, secure…
By Kayode Tokede The continued activities of Ponzi schemes have been described as a threat to the protection of investors, the functioning of a fair and orderly financial market as well as the development of the economy at large. Director…
The Nigerian Electricity Regulatory Commission (NERC) has said it is in the process of reviewing the Meter Asset Provider (MAP) Regulation 2018 to fast-track closure of the existing metering gap. MAP was introduced by NERC as a regulatory initiative to…
