Business

  The FCMB-TLG private debt fund, which is seeking to raise N10bn from series 1 of its N100bn Programme, has opened for investment. The fund, which has been approved by the Securities and Exchange Commission, is sponsored and managed by ...

  Popular businessman and socialite, Pascal Okechukwu, popularly known as Cubana Chief Priest, has claimed his stunning agbada attire to the wedding of super star musician Davido and wife Chioma on Tuesday cost N7m He showcased his expensive outfit, captioning the post, “Chivido2024 ...

  A fire has erupted at the Dangote Petroleum Refinery, situated in the Lekki Free Zone, Lagos, Nigeria The blaze is currently raging, and its cause is yet to be determined. A video circulating on social media shows thick, dark ...

  Governor Seyi Makinde of Oyo State is set to UPGRADE Ibadan airport to International status. He made this known on Wednesday, while receiving the Chief of Air Staff of the Nigeria Air Force (NAF), Air Marshal Hassan Baba Abubakar ...

  The Federal Government on Tuesday, announced a ban on single-use plastics across all Ministries, Departments, and Agencies, MDAs. The Minister of State for Environment, Iziaq Adekunle Salako, disclosed this while briefing State House correspondents at the end of the Federal Executive Council, ...

  The federal government has informed skit makers that it is an offence to release skits without the National Films and Videos Censors Board (NFVCB) classification. The same thing was said to movie producers and producers of music videos. In ...

  A video circulating on social media shows a man collapsing at Marina Bay Sands Casino in Singapore after winning a $4 million jackpot. The man reportedly suffered a cardiac arrest after learning of his win, but was rushed to ...

  President Bola Tinubu has approved the appointment of Mr. Olatunji Bello as the new Chief Executive Officer/Executive Vice-Chairman of the Federal Competition and Consumer Protection Commission, FCCPC, pending confirmation by the Senate The appointment was contained in a statement issued by the ...

The ambassador for the Corporate Affairs Commission, Michael Nwabufo, said business registration can now be completed within 24 hours through the new special registration portal. Speaking to newsmen in Lagos on Monday, he urged business owners to take advantage of ...

  Forex turnover at the official foreign exchange market has increased to $23.29bn within over six months of trading following a flurry of reforms by the Central Bank of Nigeria, findings by The PUNCH have shown. This was as the naira traded ...

  The Minister of Aviation and Aerospace Development, Festus Keyamo, has said the issue of extortion of passengers by officials of government agencies at the nation’s airports is beyond the ministry’s control. Keyamo, who stated this in a post on ...

  FBN Holdings grew gross earnings by 181.43 per cent to N1.60tn in the first quarter of 2024. In a statement made available to The PUNCH on Sunday, the group noted that the better-than-expected performance underscored its resilience amid challenging economic conditions. ...

  Operators in the downstream oil sector, on Monday, called on the Federal Government to intervene by ensuring the provision of crude oil to the Dangote Petroleum Refinery as marketers now prefer to buy cheaper imported refined petroleum products rather ...

  Owning a dog comes with immense joy, but it also brings the responsibility of ensuring your furry friend stays healthy and happy. This guide will walk you through six essential tips for dog owners to maintain their canine’s health, ...

  Retail Supermarkets Nigeria Limited, operators of Shoprite Mall, has announced the impending closure of its Wuse Zone 5 outlet in Abuja, effective June 30, 2024 The decision was communicated through a circular signed by the company’s Chief Executive Officer, ...

  FAAN has beefed up its security over multiple theft An unidentified man believed to have attempted to steal electrical cables inside the powerhouse of the Federal Airports Authority of Nigeria, FAAN, at the Lagos airport has suffered an electric ...

  Nigerian billionaire Femi Otedola, the Chairman of FBN Holdings, has acquired an additional 2.22 per cent stake in First Bank. This was disclosed in a corporate filing on the Nigerian Exchange Group on Monday. With this latest purchase, Otedola’s ...

  LG Electronics has launched its newest washing machine and dryer combined in a single unit. Announcing this in a statement on Sunday, the company said that the product named ‘LG WashTower’ has the latest technologies and smart features. The ...

  Nigeria’s monthly inflation rate has slowed for the third consecutive month, indicating the effectiveness of the Central Bank of Nigeria’s monetary policy tightening measures. The CBN highlighted this in a statement shared with Journalists on Saturday. According to the ...

  Financial analysts have raised concerns over Davido’s newly launched meme coin and warned about the associated risks. The introduction of the coin into the market has sparked a debate within financial circles. Experts have highlighted similarities to historical Ponzi ...

  The Securities and Exchange Commission has instructed all Nigerian fund managers to provide detailed information regarding their exposure to the recently liquidated Heritage Bank. The Head of the Monitoring Department, SEC, Tarfa Makyur, stated in a signed circular to the ...

  The Federal Government has spent a total of $15.55bn on debt servicing between 2019 and 2024, according to the latest data from the Central Bank of Nigeria. In 2019, Nigeria paid $588.33m in debt service between January and May, ...

  The Group Chief Executive of FCMB Group, Ladi Balogun, has hailed the economic value of the annual Ojude Oba Festival, which recently took place. Balogun disclosed this in a statement made available to The PUNCH on Sunday. He noted that the ...

  Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings, has launched its Education Endowment Plan, which empowers parents and guardians to secure the academic future of their children or wards. At the launch of the plan in Lagos recently, ...

  Dangote Group has accused International Oil Companies (IOCs) operating in the country of deliberately sabotaging Dangote Refinery’s plan to roll out petrol into the market According to the company, the IOCs are doing this to ensure that the country remains dependent on petrol ...