Business/Finance

Us Scheme Initiate $274m In Affordable Housing

TEF-Funded Entrepreneurs Amount $2.3bn Revenue – Report

African entrepreneurs trained and supported by the Tony Elumelu Foundation have generated a sum total of $2.3bn revenue since 2015s. This was revealed in a brochure put together to commemorate the 60th birthday of TEF Founder, Mr. Tony Elumelu, on Wednesday. According to a report in the brochure, about 1.5 million entrepreneurs have so far be ... Read more

NSIB Partner LASEMA And NRC To Enhance Safety On Rail, Roads

The Nigerian Safety Investigation Bureau (NSIB) has commented that it would release its report on the train and the Lagos State staff bus accident that occurred at Ikeja area of the state earlier this month. This is as the bureau has agreed to deepen its relationships with the Lagos State Emergency Management Agency (LASEMA) and the Nigerian Rai ... Read more

As Indices Rise Further By N17 Billion, NGX Sustains Positive Sentiments

Buying interests in Guaranty Trust Holding Company (GTCO) and eight stocks assisted the Nigerian Exchange Limited (NGX) to sustain positive sentiments yesterday, as market capitalisation rose further by N17 billion. At the close of trading yesterday, the All Share Index (ASI) rose by 31.43 absolute points, representing a gain of 0.06 per cent to ... Read more

FG Sets Stakeholders’ Meeting For Aviation Industry Growth

Hadi Sirika (Minister of Aviation)

It's a common tradition of regular interactions with major players in the aviation industry since the inception of the Buhari administration, the Minister of Aviation, Hadi Sirika set to host aviation stakeholders on Thursday in Abuja. A statement by the Special Assistant to the minister on Public Affairs, James Odaudu, noted that the idea o ... Read more

FG Announce 5% Removal Of Tax On calls, Data

The Federal Government has officially declared the removal of its proposed five per cent excise duty on telecommunication services. The government further announced that this was in line with the recommendations of a committee, the Presidential Review Committee on Excise Duty in the Digital Economy Sector, which was constituted to review the imp ... Read more

Over 18% Lending Rate, Economists Fault MPC

Economists have argued the Monetary Policy Committee of the Central Bank of Nigeria over its decision to increase the benchmark interest rate by 50 basis points to 18 per cent from 17.5 per cent. The experts spoke in reaction to the lending rate announced by the Governor of the Central Bank of Nigeria, Godwin Emefiele, on Tuesday. Emefiele sa ... Read more

Two Big African Banks Invest $16 Bi

$16 billion has been invested in oil and gas projects across Africa by the Afric ...
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Opara Disclose His Plans For CIBN A

Dr. Ken Opara (President/Chairman, Council of the Chartered Institute of Bankers of Nigeria (CIBN)

Dr. Ken Opara is the President/Chairman of the Council of the Chartered Institut ...
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MTN Propose To Merge Finance Subsid

MTN Nigeria has disclosed the proposed merger of its two finance subsidiaries &n ...
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Ogun Projects Agro-cargo Airport As

Ogun State disclosed its plans to turn gateway agro-cargo airport into an agro-p ...
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Foreign Airlines In Nigeria Trapped

As learnt, the International Air Transport Association on Tuesday disclosed that ...
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