Economy/Business (Page 89)

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 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