The Nigerian Stocks Exchange (NSE) market capitalisation which represents the market value of all listed companies lost N628 billion in the first quarter of the year. It will be recalled that the local bourse spent most of 2020 on a…
The Securities and Exchange Commission (SEC) has warned potential capital market investors against putting their funds in fraudulent investment schemes that promise unreasonably high returns that cannot be justified. The capital market regulator also outlined some of the tactics used…
The FG has launched an initiative that will enable Nigerians to get passports in a maximum of 72 hours of a successful application. The Federal Government inaugurated the Nigeria Immigration Service Passport Express Centre, which is a partnership with the…
A total of 12,290 cotton farmers in Zamfara State have benefited from 2020/2021 Central Bank of Nigeria (CBN) loan under the Anchor Borrowers’ Programme (ABP). The state Chairman of the National Cotton Association of Nigeria (NACOTAN), Alhaji Sani Dahiru, disclosed…
The World Bank says economic growth in Sub-Saharan Africa is expected to rise between 2.3 per cent and 3.4 per cent in 2021. It said this in its Africa Pulse, a publication on Africa’s economy titled “The Future of Work…
Centric Gateway, a tech solutions provider, has partnered Wix, a software company, to boost e-commerce in Africa. Mr Omoniyi Kolade, Chief Executive Officer, Centric Gateway, said in a statement on Tuesday in Lagos, that through the partnership, SeerBit, a product…
The Bayelsa Government and Microsoft Corporation have partnered to train 12,000 teachers and 90,000 pupils on e-learning as part of the state’s vision for digital advancement in education. Commissioner for Education, Gentle Emelah, stated this at a two-day virtual education…
In line with its mission to create an enabling environment where Nigerians develop, adopt and derive value from digital technology, the Director General, National Information Technology Development Agency, (NITDA), Mallam Kashifu Abdullahi, has affirmed that the agency has initiated series…
The Benin Chamber of Commerce, Industry, Mines and Agriculture (BENCCIMA) has appealed to Edo Government to rescind its decision on revocation of its trade fair land. Mrs Aina Omo-Ojeonu, President of BENCCIMA, made the appeal during the 56th Annual General…
By Asishana John Zenith Insurance and FBN Insurance have emerged Nigeria’s best general and life insurance provider in the 2020 World Finance Insurance Award which identifed insurance firms with the greatest stamina to withstand the year’s crises through utilizing various…
