Business

Nigeria needs deep dive into non-oil exports — Zenith Bank founder, Jim Ovia

The Founder and Chairman, Zenith Bank Plc, Jim Ovia, has advised the federal government on the need to deep-dive into non-oil exports. According...

How Forex scarcity, power outage, others trigger food inflation, food insecurity, short-changing of consumers by manufacturers

“How much do you sell your Grand loaf bread?” , a shopper asks a young man who owns a provision shop beside the...

LASG partners Tony Elumelu’s Afriland Properties to build world-class luxury Falomo towers

  The Lagos State Development and Property Corporation (LSDPC) has sealed a joint redevelopment partnership desl with Afriland Properties Plc to turn the...

Uncertainty looms as global FDI could drop in 2022 – UNCTAD

Global Foreign Direct Investment,FDI, could decline this year after recovering to pre-coronavirus levels in 2021, as the impact of the Russia-Ukraine war and...

Saudi Arabia’s foreign reserves to hit $581bn by end of 2022

  Saudi Arabia’s foreign exchange currency reserves are expected to climb to $581 billion by the end of this year, from $451.7bn in...

Football’s top 10 annual brand value rankings:

English Premier League winners Manchester City have overtaken Barcelona and now have world football’s second best brand value, according to a new study....

Access Bank moves to dominate agency banking business in Nigeria

In its bid to enhance financial inclusion, Access Bank says it is poised to increase its customer base and deepen wallet share of...

NSIA transitioning from funds management company to assets management outfit, announces MD/CEO, Orji

  In a bid to expand its business frontiers, the Nigeria Sovereign Investment Authority (NSIA) has been repositioned to transition from a fund...

Inflation: CBN raises monetary policy rate to 13 per cent

To curb the rising inflation rate in the country, the Central Bank of Nigeria (CBN) on Tuesday raised the Monetary Policy  Rate to...

NSIA’s gross assets hit N1.2trillion amid volatility and cyclical risks across markets

  The gross assets of the Nigeria Sovereign Investment Authority (NSIA) have hit N1.2 trillion, its audited financial results for 2021 have revealed....

Lagos airport shut over security breach as man’s mangled body found on runway

The mangled body of a man found on Runway 18R of the international wing of the Murtala Muhammed International Airport, Ikeja, has forced...

Nigeria Exchange Group ranks Dangote Cement as 2021 best performing stock

Africa’s largest cement manufacturer, Dangote Cement Plc, has emerged the Best Performing Stock of the Year 2021 by the Nigeria Exchange Group (NGX)....

Buhari to inaugurate Lekki Refinery before end of tenure, says Dangote

The Chairman of the Dangote Group, Alhaji Aliko Dangote, has assured that the Dangote Petroleum Refinery would be ready for inauguration before President...

Why we can’t freely float exchange rate despite IMF, World Bank pressure — CBN Gov.

In spite of pressure from the World Bank and International Monetary Fund (IMF), the Central Bank of Nigeria (CBN) has ruled out freely...

Water sustainability: Ogun Govt, Nestlé Nigeria host stakeholders’ forum

In commemoration of 2022 World Water Day, the Ogun State Ministry of Environment and Nestlé Nigeria have jointly hosted a stakeholders’ forum to...

CBN $200bn repatriation: Heritage Bank, LCFE explore opportunities in export revenue

As part of its support to the Central Bank of Nigeria (CBN) to raise $200 billion in foreign exchange repatriation from the non-oil...