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
By Okeoghene Akubuike The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate eased further to 22.22 per cent in June 2025. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for June 2025, which was released in Abuja on Wednesday. According to the report,Continue Reading
By Martha Agas The Minister of Solid Minerals Development, Dr Dele Alake, says Africa must rewrite its history powered by its minerals for its local development. Alake, also the Chairman of the Africa Minerals Strategy Group (AMSG), said this at the opening of the fourth edition of the Africans NaturalContinue Reading
By Taiye Olayemi Heirs Insurance Group (HIG) says its revenue increased from N20.5 billion in 2023 to N31.4 billion in 2024. The group, in its audited financial results for the year ended Dec. 31, 2024, said the figure representedContinue Reading
By Rukayat Moisemhe Diageo Nigeria, in partnership with Celebr-8 Lyfe and Lagos State Government, has launched a youth empowerment scheme under its flagship Learning for Life (L4L) programme. The initiative targets 250 Nigerian youths, with special focus on women and People with Disability (PwD), to promote inclusion and economic empowerment.Continue Reading
By Lucy Ogalue The ECOWAS Small Business Coalition (ESBC) has lauded the ECOWAS Commission’s Private Sector Directorate, for supporting women traders across the West African sub-region. Dr Abdulrashid Yerima, President of ESBC, also lauded the ECOWAS’s strong support and strategic backing that contributed to the success of the recently concludedContinue Reading
By Rukayat Moisemhe Credit expert, Mr Gbemi Adelekan, has warned that a negative credit profile could hinder Micro, Small, and Medium Enterprises (MSMEs) from accessing vital financial opportunities. Adelekan, also President, Money Lenders Association (MLA), made this known on Sunday in Lagos during an interview with the News Agency ofContinue Reading
By Kadiri Abdulrahman The Office of the Accountant-General of the Federation (OAGF), says it is addressing recent complaints regarding the non-receipt of June salaries by some civil servants. According to a statement issued by Bawa Mokwa, the Director, Press and Public Relations of the OAGF, the salary delay was particularlyContinue Reading
