By Taiye Olayemi The NGX All-Share Index and Market Capitalisation appreciated by 6.16 per cent to close the week at 182,313.08 and N117.027 trillion respectively. This is compared to the 171,727.49 and N110.235 trillion respectively in the previous week. Consequently, investors added N6.792 trillion to their portfolios for the week.Continue Reading
By Muhyideen Jimoh President Bola Tinubu on Friday met with Mr Tony Elumelu, Chairman, United Bank for Africa (UBA) Group PLC, to advance plans for economic growth and tax reforms aimed at strengthening small businesses. Elumelu spoke with State House Correspondents after the closed-door meeting at the Presidential Villa, Abuja.Continue Reading
By Yunus Yusuf Falcon Corporation Ltd., an oil and gas firm, has secured an ‘A’ long-term and ‘A1’ short-term corporate credit rating, both with a stable outlook, from Agusto & Co. The rating, by Augsto & Co, a Pan-African credit rating agency. was disclosed by Ms OsamemaContinue Reading
By Okeoghene Akubuike (NAN) The Bureau of Public Procurement (BPP) is set to host stakeholder forums to engage contractors, consultants, service providers, and other key stakeholders in Nigeria’s public procurement ecosystem. A statement by Zira Nagga, Head of Press and Public Relations, BPP, in Abuja on Friday, said that theContinue Reading
By Rukayat Moisemhe Stakeholders in the oilseed value chain on Wednesday in Lagos called for stronger regulation and institutional support for the sector to safeguard domestic production. They made the call following the concerns by the Soyabean Association of Nigeria over health and economic implications ofContinue Reading
By Martha Agas The Solid Minerals Development Fund (SMDF) has begun its 2026 training for the staff of the Presidential Artisanal Gold Mining Development Initiative (PAGMI) to drive reforms in the gold mining sector. The training on professional ethics and personal effectiveness was part of a series of capacity-building programmesContinue Reading
By Muhammad Nur Tijani The Federal Government has called on importers to embrace ethical practices in order to curb revenue leakages and boost national development. The Permanent Secretary, Federal Ministry of Finance, Mr Raymond Omachi, made the call at a one-day sensitisation seminar for importers themed ‘Ethics in Import TradeContinue Reading
By Constance Athekame The Rural Electrification Agency (REA) and the Government of Korea have successfully electrified Rubochi and Ikwa Communities in the Federal Capital Territory (FCT) with a 1-Megawatt (MW) solar mini-grid. The project, tagged the “Nigerian-Korean Energy Project,” is expected to power over 4,000 households, delivering 900 kilowatts (kW)Continue Reading
By Muhyideen Jimoh President Bola Tinubu has commended the Bank of Industry (BoI) for disbursing N636 billion to businesses in 2025, the highest annual financing volume in its history. This is contained in a statement by Presidential Spokesperson, Mr Bayo Onanuga, on Thursday in Abuja. Tinubu said the milestone showedContinue Reading
By Taiye Olayemi Universal Insurance Plc says it has met one of the recapitalisation requirements, Minimum Capital Requirement (MCR), under the Nigerian Insurance Industry Reform Act (NIIRA) 2025. This was disclosed in a statement signed by the Company Secretary and Legal Adviser, Universal Insurance, Mr Chinedu Onyilimba, on Wednesday.Continue Reading
