Business
Islamic finance institute to partner TrustBanc Arthur
By Rukayat Adeyemi The Institute of Islamic Finance Professionals (IIFP) is seeking partnership with TrustBanc Arthur, a non-interest investment institution, to further deepen…
Business
Business
FirstBank unveils First Global Transfer to ease cross-border payments
By Itohan Abara-Laserian First Bank of Nigeria Ltd has unveiled First Global Transfer (FGT) to promote international transfer of funds across its subsidiaries in…
Business
NSE moves 587.74m shares worth N13.62bn in bearish trading
By Chinyere Joel-Nwokeoma Investors on the Nigerian Stock Exchange (NSE) on Friday staked N13.62 billion on 587.74 million shares in 4,895 deals. This was…
Business
AfDB facility, Netherlands sign €6m agreement
ALSF and the Netherlands’ Ministry for Trade and Development Cooperation have signed a financing agreement of six million euros.
Business
Osun boosts MSMEs with N100m for job creation
By Victor Adeoti Gov. Gboyega Oyetola of Osun, on Thursday, said the sum of N100 million has been set aside to boost Micro Small…
Business
Nigerian stock market extends loss by 0.40%
By Chinyere Joel-Nwokeoma The nation’s bourse extended negative trend for the third consecutive trading session following sell pressure on Nigerian Breweries, Dangote Sugar Refinery…
Business
NIWA to engage private firm to haul cargo from Lagos to Onitsha River port –MD
NIWA has disclosed its plan to engage the services of ACTL to move cargo from Lagos to Onitsha River Port, through Burutu port in Delta.
Business
LCCI projects increased inflation rate for February
LCCI has projected an increase within the range of one per cent in the Nigerian headline inflation index for February, 2021.
Business
NSE market capitalisation drops N123bn on Nestle loss
By Chinyere Joel-Nwokeoma The nation’s bourse closed trading on Tuesday on a negative note, due to price depreciation posted by Nestle and other 25…
Business
Nestlé Nigeria Plc records N287bn revenue, 1.1% growth in 2020
By Vivian Ihechu Nestlé Nigeria Plc has announced its financial results for the year 2020, posting a revenue of N 287.1 billion with 1.1…