Business/Finance

Pia Set To Boost Success Of Nigeria’s Oil Bid Roun

Moniepoint Recognized As Africa’s Fastest Growing Financial Institution

Moniepoint Inc, parent company of Nigeria’s leading financial institutions, Moniepoint MFB and TeamApt Ltd has been ranked as Africa’s fastest-growing financial institution by the Financial Times. This was disclosed in its annual “Africa’s Fastest Growing Companies” survey, released recently. It is the second consec ... Read more

SIFAX Boss Highlights The Endless Potential Of Blue Economy

Dr. Taiwo Afolabi (Chairman, SIFAX Group)

The Chairman, SIFAX Group, Dr. Taiwo Afolabi, has explained that the coastal tourism and renewable energy generation as some of the potential areas of growth that Nigeria needs to take advantage of in developing its blue economy. This was disclosed by Afolabi, while delivering the 16th Convocation Lecture of the Ladoke Akintola University of Tec ... Read more

Women Received 72% of N787bn Fund Beneficiaries, Says DBN

Dr Tony Okpanachi (Managing Director/Chief Executive Officer, DBN)

The Development Bank of Nigeria noted that it disbursed N787bn to over 495,000 Micro, Small, and Medium-scale Enterprises as of the end of 2023, and 72 per cent of the beneficiaries were women, while 24 per cent of them were youths. This was disclosed in its recently released cumulative ‘Social Impact Report’ for 2023. According t ... Read more

FCT Taxi Operators Set To Meet And Discuss CNG Adoption

The Association of Taxi unions operating in the Federal Capital Territory has disclosed that they will be meeting today with members of different unions to discuss integrating Compressed Natural Gas vehicles into the transport system. This was disclosed by the unions represented by the President of Painted Abuja Taxis, Shehu Shugaba, to a corres ... Read more

NDIC Boss Urges Banking Sector To Prioritize Cybersecurity

Bello Hassan (Managing Director/Chief Executive Officer, Nigeria Deposit Insurance Corporation (NDIC)

The Chief Executive Officer of the National Deposit Insurance Corporation, Bello Hassan, has advised bankers in the country to focus on cybersecurity. He disclosed this on Friday at the swearing-in ceremony of Professor Pius Olanrewaju as the 23rd president/chairman of the council of the Chartered Institute of Bankers of Nigeria in Lagos. He ... Read more

FG in Collaboration With AU To Address Livestock Feed Shortages

The Federal Government in partnership with the African Union-Inter-African Bureau for Animal Resources Resilient African Feed and Fodder Systems Project have established a multi-stakeholder platform to provide producers with easy access to high-quality animal feed at competitive prices. According to a release from the Ministry of State for Agric ... Read more

FG Set To Attract Saudi Arabia To N

Abubakar Atiku Bagudu (Minister of Budget and Economic Planning)

The federal government has disclosed plans to attract the government and private ...
read more »

U.S. Partners With FCMB On $10m Cre

The United States Agency for International Development (USAID) together with the ...
read more »

Nigeria Suffers $1tn Annual Loss To

Maritime stakeholders have disclosed that the country is losing N$1tn annually t ...
read more »

AMCON Serves No Purpose Anymore, Sa

Mustapha Chike-Obi (Pioneer Managing Director of Assets Management Corporation of Nigeria)

The pioneer Managing Director of Assets Management Corporation of Nigeria, Musta ...
read more »

CBN Directives: Banks Stop Collecti

Dr. Olayemi Cardoso (Governor, Central Bank of Nigeria (CBN)

A number of banks have complied with the Central Bank of Nigeria’s directi ...
read more »