In today’s trading session, selloffs in GUARANTY (-1.9%), ZENITHBANK (-1.8%) and ACCESS (-3.3%) dragged the benchmark index 13bps lower to 27,646.15 points. As…
Business News Report
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President Muhammadu Buhari has approved the appointment of Dr. Mrs. Folashade Yemi-Esan as the Acting Head of the Civil Service of the…
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Lafarge Africa Plc on Wednesday announced the resignation of its Chief Finance Officer, Mr Bruno Bayet. The company stated this in a…
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Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations, said they released an average of 3,367 MegaWatts/Hour of electricity into the national…
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EconomyBusinessNews
Respite as Industrial Court in Benin set to address over 300 pending industrial disputes in Edo
President of the National Industrial Court of Nigeria (NICN), Justice Babatunde Adejumo, has said that the inauguration of the Benin Division of…
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In line with its objective of enhancing financial inclusion and the development of the payment system by increasing access to deposit products…
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Nigerian equities market rebounded with N133 billion after two days of consecutive downward trend. Specifically, the market capitalisation which opened at N13.342…
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Annual inflation in Nigeria stood at 11.02% in August, its lowest in almost four years, down from 11.08% in July, the National…
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EconomyBusinessFinance
FMBN needs N500bn recapitalisation to provide affordable houses …Umar Abdullahi
Executive Director,Business Development & Portfolio Mgt, Federal Mortgage Bank of Nigeria, FMBN Mr Umar Abdullahi, has said that the bank needs urgent…
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United States Consulate General in Lagos has launched the Academy for Women Entrepreneurs (AWE), a State Department-led initiative that supports women entrepreneurs…
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The Lagos chamber of Commerce and Industry (LCCI) commends the setting up of the Economic Advisory Council by President Muhammadu Buhari, GCFR.…
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FinanceBusinessNews
CBN reduces, unbundles charges on electronic merchants collections, grants incentives
Central Bank of Nigeria CBN, has said that nationwide implementation of Cash-less policy will begin in March 2020. A statement issued by…
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The Nigerian National Petroleum Corporation (NNPC) with its joint venture partners, Shell Production Development Company (SPDC) and Belema Oil, have resolved the…
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The European Parliament has backed the choice of Christine Lagarde, the former Head of the International Monetary Fund (IMF), as the next…
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The Independent Corrupt Practices and other Related Offence Commission (ICPC) has sealed up the national headquarters of North East Commodity Association (NECAS)…