By Martha Agas The Minister of Solid Minerals Development, Dr Dele Alake, says he has received threats over the recent revocation of 1,263 mineral licences for non-payment of annual fees. Alake stated this at a news conference ahead of the 10th edition of Nigeria’s Mining Week, themed `Nigeria Mining: FromContinue Reading
By Rukayat Moisemhe Experts have urged business leaders and directors to cultivate leadership that transcends generations through mentorship, institutional governance and value-driven decision-making to build enduring legacies. They gave the advice at the Chartered Institute of Directors (CIoD) Fellows evening in Lagos with the theme:Continue Reading
By Abdulrahman Kadiri TAJBank Limited’s N20 billion Mudarabah Sukuk bond has recorded 185.15 per cent oversubscription, showcasing its leading position in Nigeria’s non-interest banking market. TAJBank’s Managing Director, Mr Hamid Joda, said this in a statement on Friday in Abuja. According to him, the data just released by the investmentContinue Reading
By Taiye Olayemi The Nigerian equities market on Thursday sustained its upward trend as investors recorded a gain of N308 billion. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation, which opened at N92.490 trillion, appreciated by N308 billion or 0.33 per cent to close at N92.798 trillion. Similarly, the All-ShareContinue Reading
By Okeoghene Akubuike Dr Matthew Verghis, Country Director, World Bank Nigeria, has called on the Federal Government to reduce inflation, particularly food inflation, to bridge the gap between policy and people. Verghis said this based on the World Bank’s latest Nigeria Development Update (NDU) report, titled: “From Policy to People:Continue Reading
By Nana Musa The National Pension Commission (PenCom) has reaffirmed its commitment to strengthening collaboration with the judiciary in advancing Nigeria’s pension reform agenda and ensuring effective retirement benefits administration. The Director-General of PenCom, Omolola Oloworaran, said this at a Sensitisation workshop on the Contributory Pension Scheme (CPS) for JudgesContinue Reading
By Taiye Olayemi The Nigerian equities market has sustained its bullish streak on Wednesday, with investors gaining N459 billion. Specifically, the market capitalisation, which opened at N92.031 trillion, gained N459 billion or 0.50 per cent to close at N92.490 trillion. The All-Share index also increased by 0.50 per cent orContinue Reading
By Ginika Okoye The Securities and Exchange Commission (SEC) says the country’s non-interest capital market is valued at N1.6 trillion. Dr Emomotimi Agama, the Director-General of SEC, said this in Abuja at a pre-news conference in preparation for the 7th African International Conference on Islamic Finance (AICIF) scheduled for Nov.Continue Reading
By Vivian Emoni The Nigerian Export-Import Bank (NEXIM) has underscored the transformative role of the bank’s EXCEL programme in unlocking the full potentials of Nigeria’s Micro, Small, and Medium Enterprises (MSMEs). Mr Abubakar Bello, Managing Director and Chief Executive Officer of NEXIM made this known at the SME Export FinanceContinue Reading
By Isaiah Eka The Nigerian Export Promotion Council (NEPC) has urged entrepreneurs in Akwa Ibom to ensure proper documentation of their products in line with international best practices before exporting them. The Executive Director, NEPC, Mrs Nonye Ayeni, said this in a keynote address presented on Wednesday at a sensitisationContinue Reading
