The Nigerian equity market continued to bleed for the third consecutive day this week as investors lost N2.18bn on Wednesday. The All Share Index and the market capitalisation dipped …
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GEIL bags awards
Green Energy International Limited, the operator of Otakikpo Field PML11 in Rivers State, has won the Best Indigenous Oil and Gas Company of the Year award, at the just-concluded …
Read More »Lagos plans new electricity law
The Lagos State House of Assembly on Wednesday conducted a public hearing on a new State Electricity Bill 2024, which aims to repeal the existing 2018 power sector reform …
Read More »NGX: Bearish run continues as investors lose N2bn
The Nigerian equities market continued its negative runs on Wednesday with investors losing N2.18 billion at the close of the day’s trading. The followed the dip in the share values …
Read More »Nigeria’s crude oil production increased to 1.27mbpd in June —OPEC
Nigeria’s average daily crude oil production increased to 1.27 million barrels per day (mbpd) in June 2024, fresh data from the Organisation of Petroleum Exporting Countries (OPEC) has shown. According …
Read More »MTN, Glo, other telco lobby NCC to give permission for tariff increase
Telecommunication operators including MTN Nigeria, Glo and others have appealed to the Nigerian Communications Commission, NCC for permission to increase their tariff. This increase, they insisted, is the best way …
Read More »Understanding Cross-Border Payments: An all-Inclusive handbook for Nigerian business
After the COVID-19 pandemic, there has been a noticeable increase in international trade and a greater reliance on digital commodities and e-commerce worldwide. The significance of cross-border payments—financial transactions in …
Read More »First Bank, others join Zone decentralised payment network
First Bank, United Bank for Africa, and Zenith Bank have joined Zone’s decentralised payment network. This move comes shortly after Zone secured $8.5m in seed funding led by Flourish …
Read More »Calls for stronger regulations intensify amid rising identity theft
The recent increase in identity theft cases in the country has led stakeholders to advocate for stiffer regulation of the digital space, JOSEPHINE OGUNDEJI, writes As technology continues to …
Read More »FT ranks Nigerian firm among Africa’s fastest-growing companies
A Nigerian retail firm, Sundry Markets Limited, has been recognised as one of Africa’s top 50 fastest-growing companies in 2024 by the Financial Times. In a statement made available …
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