By Lucy Ogalue The Minister of State for Industry, Sen. John Enoh, has called for the establishment of a legal framework to back the operations of Business Development Service Providers (BDSPs) across Nigeria. Enoh said this at the induction ceremony of the newly certified BDSPs organised by the Small andContinue Reading
By Taiye Olayemi The Nigerian Stock Market opened the week on a bullish note on Monday, gaining N413 billion on the Nigerian Exchange Ltd. Market capitalisation rose by N413 billion or 0.62 per cent and closed at N67.060 trillion compared to Friday’s figure of N66.647 trillion. Similarly, the All-Share IndexContinue Reading
By Taiye Olayemi The Central Securities Clearing System Plc (CSCS) has launched its Unstructured Supplementary Service Data (USSD) code to enhance the ease and accessibility of investment services for all users. The newly launched code *7270#, which is set to go live on Thursday, May 8,Continue Reading
By Taiye Olayemi As global trade navigates the complexities of rising international tensions, West Africa is proactively charting a course towards economic empowerment. This is through enhanced regional integration and strategic industrial development. Instead of being sidelined by shifts in global alliances, the region is seizingContinue Reading
Debt By Constance Athekame The Minister of Power, Mr Adebayo Adelabu on Sunday said that a meeting has been scheduled between President Bola Tinubu and the leadership of the Power Generation Companies(GenCos) over a N4-trillion debt. Mr Bolaji Tunji, Special Adviser, Strategic Communications and Media Relations to the minister ofContinue Reading
By Ginika Okoye The Federal Competition and Consumer Protection Commission (FCCPC) has stated that WhatsApp’s threat to exit Nigeria following a recent regulatory order will not absolve the company from any legal consequences. In a statement issued on Saturday in Abuja, the FCCPC’s Director of Corporate Affairs, Mr Ondaje Ijagwu,Continue Reading
By Olawunmi Ashafa The Managing Director of Wema Bank, Mr Moruf Oseni, says the bank’s foremost goal is returning to Nigeria’s top tier of banking. He stated this during the Gala Night in Lagos, celebrating the bank’s 80th anniversary under the theme, ‘80 Years ofContinue Reading
By Victor Nwachukwu The Federal Government (FG) says it has disbursed the sum of N1.48 billion in loans to 29,000 small business owners in Imo. The Managing Director of the Bank of Industry, Dr Olasupo Olusi said this at a town hall meeting on the FG’s loan scheme for Micro,Continue Reading
By Taiye Olayemi The Nigerian Exchange Ltd. (NGX) closed on a positive note on Friday, as the stock market gained N151 billion, driven by strong investor interest in select equities. The market capitalisation rose by N151 billion or 0.23 per cent to close at N66.647 trillion, up from N66.496 trillionContinue Reading
By Martha Agas The Nigeria Customs Service (NCS) said it has recorded a total of 69 currency declarations with the deployment of its Electronic Currency Declaration Form (e-CDF) at the Nnamdi Azikiwe International Airport, Abuja. The spokesman of the service, Abdullahi Maiwada, announced this in a statement on Friday inContinue Reading
