Business

The Lagos State Governor, Babajide Sanwo-Olu, has approved the disbursement of N353m insurance benefits to 128 beneficiaries of deceased staff. They include beneficiaries of deceased staff of local governments …

By: Babajide Okeowo The mounting debt profile of Nigeria and other African countries has forced the African Development Bank (AfDB) to launch the African Debt Managers Initiative Network (ADMIN) to …

Lagos, the economic powerhouse of Nigeria, is divided into two distinct regions: Lagos Island and Lagos Mainland. Each region offers unique qualities, economic opportunities, amenities, and investment prospects, shaping the …

Nigeria’s headline inflation rate has increased to 33.95 percent in May. The National Bureau of Statistics (NBS) disclosed in its latest Consumer Price Index (CPI) released on Saturday in Abuja. …

The Nigerian Upstream Petroleum Regulatory Commission said it had profiled 31 competent fund managers to invest 20% out of the 3% annual funds accruing to Host Communities Development Trust …

The W Initiative of Access Bank Plc has revealed that the event planning sector controls over $2 billion annually. W Initiative is an arm of Access Bank Plc that …

The shareholders of TotalEnergies Marketing Nigeria Plc have approved the sum of N8.49bn as a dividend for the 2023 financial year at N25 per share. The approval was given …

The Federal Government has approved the deployment of additional 350 mining marshals to various parts of the country for effective safeguarding of the nation’s minerals resources. This was as …

Wema Bank has received regulatory approval for the allotment of its N40bn rights issue which was initiated in December 2023. This marks the conclusion of the first tranche of …

The naira depreciated against the United States dollar on Friday to trade at N1, 476.24/$1. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that naira lost N6 against …