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Buhari approves N24b for modular irrigation project.

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President Muhammadu Buhari has approved the sum of N24 billion for the National Agency...
Business

BUA Foods declares N3.50 dividend per share at 1st AGM

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BUA Foods, one of Sub-Saharan Africa’s most valuable companies by market capitalization and a leading...
Business

SEC warns against unregistered investment crowdfunding platforms

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The Securities and Exchange Commission has again warned investors to be wary of the activities...
Business

3.6m indirect jobs created through $1.1bn externally funded projects –FG

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The Federal Government has said about 3.6 million indirect jobs have been created from $1.113...
Business

Oando Clean Energy rolls out 3,000 electric buses by 2030.

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Oando Clean Energy says it will be partnering with the Lagos State Ministry of...
Business

Shell shuts floating crude oil storage facility over water leakage.

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A Shell Floating Production Storage and Offloading (FPSO) vessel operating off the Bayelsa coastline,...
Business

FG defends N1.145b vehicles purchase for Niger Republic.

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The Federal Government, yesterday, justified approval of N1,145,000,000 for the purchase of vehicles for...
Business

NCAA confirms dire financial status of local airlines.

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We are working hard to save aviation from collapse, DG saysNigerian Civil Aviation Authority...
Business

Funding, insecurity stall $2.8b AKK project, gas export.

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Barely six months to expected completion of the $2.8 billion Ajaokuta-Kaduna-Kano (AKK) pipeline project,...
Business

We do not insure investment with fund managers – NDIC warns Nigerians

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The Nigeria Deposit Insurance Corporation has said it does not insure investment with fund...
Business

How inland dry port projects’ll boost FG’s revenue, trade flows –Minister

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The conceptualisation of Inland Dry Ports (IDPs) across the country will boost the Federal...
Business

Oil theft crippling Nigeria’s economy –Shell

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The Shell Petroleum Development Company (SPDC) has expressed worries about the adverse effect of illegal...
Business

Minister attacks FG’s plans to impose 5% tax on call, text, data.

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MINISTER of Communications and Digital Economy, Isa Pantami, yesterday took a swipe at Federal...
Business

Young people have no business not being in equities — CEO Anchoria Asset Management.

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Mutual funds represent investment opportunities often ignored or even misunderstood by retail investors. However,...
Business

Director, Comercio Partners — Why investors should keep cash, play on the short end of the curve

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Stephen Osho is a Co-Managing Partner at Comercio Partners Limited,  an investment banking firm....
Business

Analysts – How to halt Naira depreciation

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Following the 17 per cent MoM decline in I&E turnover, the naira depreciated by...
Business

How rising costs, 99% wheat imports, triggered Nigeria’s bread crisis

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August 1, 2022 …Bakers list pain points as capacity utilization declines …Prices rise 50% this year,...
Business

CBN: Harnessing ideas for $200bn non-oil exports

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The Central Bank of Nigeria, in conjunction with bank chief executives, continued with the implementation of the...
Business

Anchor Insurance grosses N6.8bn, to pay 4k per share dividend

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By Rosemary Iwunze Notwithstanding the challenges faced by businesses due to the different devastating happenings...
Business

African insurers chart ways of rebuilding economy amidst pandemic

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The African insurance market is set to brainstorm on ways the sector can contribute...
Business

From legroom to airfare: How JetBlue’s takeover of Spirit could change air travel.

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Spirit Airlines relented this week and agreed to sell itself to JetBlue Airways for $3.8 billion, hours after breaking off a...
Business

India used far less than its share of global carbon budget, emissions can grow: Govt

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India has used far less than its fair share of the global carbon budget...
Business

We Will Invest In Agric To Achieve Industrialisation —Ashiru, Odu’a Chair.

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CAN you give us an overview of the economy and how you are going...
Business

Nigeria’s capital market rebounds from bearish trading with N379.1bn gain.

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The Nigerian capital market rebounded from three consecutive losses on Friday with the investors...
Business

FG to enforce 5% tax on calls, data, others

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The Federal Government has said telecommunications subscribers in the country will commence payment of a...
Business

We’re tackling forex scarcity, naira slide…CBN

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Following the rapidly-rising demand for foreign exchange for both goods and services by Nigerians,...
Business

Nigeria’s diaspora remittances may beat World Bank’s projection, rise 10% to $14.2bn

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Nigeria’s diaspora remittances inflow  is set to beat the World Bank’s  projection for 2021,...
Business

Start-up Bill: Why the President must assent

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…As Senate passes bill, awaits Reps harmonisation The Senate last Thursday passed the Nigeria Start-up...
Business

Young people have no business not being in equities — CEO Anchoria Asset Management

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Mutual funds represent investment opportunities often ignored or even misunderstood by retail investors. However,...
Business

Shareholders of Flour Mills meet over dividends, others tomorrow

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Shareholders of  Flour Mills of Nigeria Plc, FMN, are set to take decisions on...
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