By Vivian Emoni The Federal Government has expressed commitment to boost non-oil exports, attract quality investment to position Nigerian enterprises for economic growth. Dr Jumoke Oduwole, Minister of Industry, Trade and Investment, made the commitment at the Domestic Investment Summit, on Monday in Abuja, with the theme, “Operationalising Nigeria FirstContinue Reading
By Vivian Emoni The Federal Government has expressed commitment to boost non-oil exports, attract quality investment to position Nigerian enterprises for economic growth. Dr Jumoke Oduwole, Minister of Industry, Trade and Investment, made the commitment at the Domestic Investment Summit, on Monday in Abuja, with a theme, “Operationalising Nigeria FirstContinue Reading
By Taiye Olayemi Central Securities Clearing System Plc (CSCS), Nigeria’s capital market infrastructure, has launched its Custodian Portal, a user-centric digital solution designed to optimise custodian operations through intuitive, secure, and efficient features. Haruna Jalo-Waziri, Chief Executive Officer (CEO), CSCS, made this knownContinue Reading
Foremost capital surpasses N60bn in assets within 6 monthsContinue Reading
By Lucy Ogalue The Corporate Affairs Commission (CAC) says its Artificial Intelligence (AI) business registration portal now processes over 11,000 transactions daily, despite some ongoing challenges. In a statement on Sunday, CAC management said it was working to address identity verification and payment difficulties affecting smooth portal operations. Launched onContinue Reading
By Taiye Olayemi Stock market investors traded 17.498 billion shares worth N500.762 billion in 142,082 transactions this week on the floor of the Nigerian Exchange. This contrasts with 5.390 billion shares valued at N107.811 billion traded last week across 134,390 transactions. As a result, the transaction value on the ExchangeContinue Reading
By Kadiri Abdulrahman The Federation Account Allocation Committee (FAAC) has shared a total sum of N1.818 trillion, being June revenue to the Federal Government, states and the local government areas (LGs). This is according to a communiqué from FAAC made available by Bawa Mokwa, Director, Press and Public Relations, OfficeContinue Reading
By Taiye Olayemi The Nigerian stock market closed the week on a positive note on Friday as investors gained N824 billion. This was the fourth positive market performance in the week, after a week uptrend in the previous week. Market capitalisation surged by 1.00 per cent to reach N83.241 trillion,Continue Reading
By Funmilola Gboteku The Deputy Mayor of London, Howard Dawber, has identified the ease of opening accounts in London banks as a major hurdle for Nigerian businesses in facilitating seamless cross-border financial transactions. Dawber, who was part of the London trade mission delegation to Nigeria, disclosed this to newsmen duringContinue Reading
By Rukayat Moisemhe The Manufacturers Association of Nigeria (MAN) has said the 2025 Nigeria Manufacturing and Equipment (NME) and Nigerian Raw Materials (NIRAM) Expo will promote technology for sustainable industrial development. President of MAN, Mr Francis Meshioye, said thisContinue Reading
