Business

  The Nigerian Communications Commission has announced that it has completed the linking of all phone numbers in the country to a National Identification Number. Speaking at the 2024 Annual Corporate Governance Conference held in Lagos on Thursday, the Executive Vice-Chairman of the ...

  *Wema Bank Launches #MyTeacherMyHero Challenge to Celebrate Exceptional Educators in Nigeria* As the world celebrates the invaluable contributions of teachers on World Teachers’ Day, Wema Bank proudly joins this global recognition by launching the #MyTeacherMyHero Challenge to honor and ...

  The Nigeria Labour Congress (NLC) on Wednesday rejected the new increase in petrol pump price, saying it will further deepen poverty in the country. “It will further deepen poverty as production capacities dip, more jobs lost with multidimensional negative ...

  Nestlé has announced submission of entries for the 2024 Nestlé Nigeria Media Awards. The entries for the fourth edition of the annual event which recognizes and rewards journalistic professionalism and excellence across Nigeria will focus on stories that align with key ...

  The Nigerian National Petroleum Company Limited (NNPC) has increased the price of Premium Motor Spirit (PMS) or petrol, from N855 per litre to N998 per litre across its retail outlets in Lagos. This represents a 12.7 percent or N113 ...

  Iran last night grounded all flights from its airports hours after Israel vowed revenge for a barrage of missiles the Islamic regime fired at it on Tuesday. The ban will last from 9pm local time on Sunday (6.30pm GMT) ...

  The Federal Government says it has commenced sales of crude oil and other refined products in naira. It said the initiative commenced on October 1, 2024 without providing further details on the contractual agreement signed and pricing of the ...

  Leading financial technology firm OPay has introduced its innovative Large Transaction Shield feature, designed to offer users greater control and security over their funds. In a statement released to The PUNCH on Sunday, the company explained that the feature ...

  Sterling Bank has teamed up with AfriGO and the Nigeria Inter-Bank Settlement System to introduce the “Independence Reward Programme”. Launched in commemoration of Nigeria’s 64th Independence anniversary, the bank noted in a release that the initiative sought to distribute ...

  Unity Bank Plc has hosted a capacity-building workshop aimed at empowering women entrepreneurs with digital marketing skills. The workshop, themed “Empowering Women Entrepreneurs: AI and Digital Marketing Strategies,” brought together participants from various sectors to equip them with essential ...

  Coscharis Technologies Limited, a subsidiary of the Coscharis Group, has finalised plans to executive a $4bn renewable energy project to revolutionise Nigeria’s power sector. According to the firm, the initiative, the largest green energy project in West Africa, will ...

  The Federal Government is set to deliver up to 400,000 barrels of Nigerian crude oil daily to the Dangote refinery under its naira-for-crude agreement, a report by Bloomberg stated on Monday. It said this significant development is expected to ...

  Lagos, 5 October 2024: FirstBank has announced the full restoration of services on Firstmobile, its mobile banking platform, following a downtime earlier this week which occurred following a recent upgrade of the mobile banking application. Firstmobile is now up ...

  Access ARM Pensions Limited has commenced its operations with N3tn in Assets Under Management. In a statement on Thursday, Access ARM Pensions stated that the newly formed entity, a merger of Access Pensions Limited and ARM Pension Managers Limited, ...

The House of Representatives on Thursday approved President Bola Tinubu’s request for a refund of about N24bn to the Kebbi and Nasarawa state governments, for the takeover of two airports built by the two states. Recall that on May 16, ...

  Wema Bank Launches MOWA-SARA Accelerator Programme …Partners with Federal Ministry of Women Affairs to empower 500,000 women. Through its women-focused proposition, SARA by Wema, Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, ...

  Meta Platforms Inc., the parent company of Facebook, disclosed on Wednesday that it paid over $2bn to content creators in 2023, marking a significant milestone in its monetisation efforts. This announcement coincides with the rollout of Facebook’s new Content ...

  Meta co-founder and CEO Mark Zuckerberg is now the second-richest person in the world, according to the Bloomberg Billionaires Index. With a net worth of $206 billion — driven higher by a recent rally in the Facebook parent company’s stock ...

  A Federal High Court in Lagos has fixed October 21, 2024, for the hearing of pending applications in a suit filed by an investment firm, Barbican Capital Limited against First Bank of Nigeria Holdings Plc over the alleged disputes ...

  The Federal Government has announced the exemption of 63 items from Value-Added Tax (VAT), as part of its latest fiscal reforms. This was revealed by the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, ...

  In a significant milestone for Nigeria’s creative economy, Minister Hannatu Musawa has announced a $200 million financing facility with the African Export-Import Bank (Afreximbank). According to Vanguard, this partnership aims to drive growth in the country’s creative industries, aligning ...

  Popular singer Wizkid has claimed that the well-known fashion brand Puma reached out to him before choosing Davido as their ambassador. He shared this information during his recent tirade against Davido. Wizkid revealed his reason for declining the partnership ...

  A former acting governor of the Central Bank of Nigeria, Folashodun Shonubi, on Wednesday, told Justice Maryann Anenih of the Federal Capital Territory High Court in Maitama Abuja, that intrigues and politics were involved in the naira redesign carried ...

Lagos.02.10.24. Unity Bank Plc has hosted a capacity-building workshop to support the Association of Nigerian Women in Business Network (ANWBN) in a move aimed at empowering women entrepreneurs with the necessary skills required to thrive in today’s digital economy. The ...

Flour Mills of Nigeria has stated that it is making bold moves to secure its future as a regional and industrial powerhouse. The company recently announced a share acquisition plan aimed at transitioning its structure to better align with its ...