By Taiye Olayemi Stanbic IBTC Holdings has announced plans to pay N38.87 billion in dividends to its shareholders for the financial year ended Dec. 31, 2024. This is a 36.3 per cent surge from N28.505 billion paid to its shareholders in 2023. The company disclosed this in a corporateContinue Reading
By Constance Athekame The Minister of Power, Mr Adebayo Adelabu, says President Bola Tinubu’s transformative agenda has reinvigorated Nigeria’s economy, strengthened institutions and restored hope in the hearts of Nigerians. Adelabu said this on Saturday in Abuja, in his congratulatory message to the president on his 73rd birthday. He commendedContinue Reading
By Taiye Olayemi President Bola Tinubu has assented to the Investments and Securities Act (ISA) 2024, which repeals the Investments and Securities Act No. 29 of 2007. This landmark legislation strengthens the legal framework of the Nigerian capital market, enhances investor protection and introduces critical reforms to promote market integrity,Continue Reading
By Grace Alegba The Naira appreciated on Friday in the official market, trading at N1,536.82 to a dollar. Data from the Central Bank of Nigeria (CBN) website showed that the Naira gained N1.84. This represents a 0.11 per cent increase compared to the N1,538.66 per dollar recorded on Thursday. TheContinue Reading
By Rukayat Moisemhe Mr Hakeem Ogunniran, a thought leader in real estate, has projected Africa’s real estate market potential to reach $17.64 trillion by 2025. Ogunniran said this at the Nigerian-British Chamber of Commerce (NBCC) Real Estate Summit on Friday in Lagos. The summit, with the theme, “The Future ofContinue Reading
By Vivian Emoni The Abuja Chamber of Commerce and Industry (ACCI), has reaffirmed its commitment to boost women’s participation in business and trade for economic growth. Its Director-General, Mr Agabaidu Jideani, disclosed this at a virtual meeting to commemorate the International Women’s Day (IWD) 2025 in Abuja on Wednesday. TheContinue Reading
By Rukayat Moisemhe Business experts have emphasised the importance of stewardship in sustaining family businesses across generations. They spoke at the Lagos Business School (LBS) International Family Business Conference on Thursday in Lagos. The experts also highlighted the need to build resilient governance structures, foster intergenerational collaboration, and prepare futureContinue Reading
By Vivian Emoni The Federal Government has inaugurated a committee to ensure strong implementation of the African Continental Free Trade Area (AfCFTA) to strengthen trade and economic growth. The Minister of Industry, Trade and Investment, Dr JumokeContinue Reading
By Martha Agas The Nigeria Customs Service (NCS) says it will deploy an Electronic-Currency (E-Currency) declaration form as part of its anti-money laundering measures for travellers carrying cash into and out of Nigeria. The service spokesperson, Abdullahi Maiwada announced this in an interview with the News Agency of Nigeria (NAN)Continue Reading
By Nana Musa The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says Nigeria’s economy has achieved relative stability over the past 18 to 20 months. Edun said this during a Zoom dialogue meeting in Abuja on Thursday. According to him, the economy narrowly avoided collapse,Continue Reading
