Business

The Ogun State Government has shut Phoenix Steel Mills Industries Limited in Ogijo, Sagamu Local Government with immediate effect following gas explosion in the factory Commissioner for the Environment, Ola Oresanya announced the immediate closure of the Iron Rod manufacturing ...

The Niger State Government has renamed the Minna International Airport after President Ahmed Bola Tinubu Recall that the airport was formerly known as Dr Abubakar Imam International Airport. The President is expected in Minna, the state capital to officially flag off ...

The Oyo State Government on Monday banned the use of styrofoam for food services, storage, and other related purposes The state House of Assembly had, on Thursday, February 8, 2024, urged the state government to ban the use of styrofoam ...

  Female entrepreneurs have been advised to invest in themselves and build structures around their businesses for sustainability’s sake. That was the fallout of the United Bank for Africa Business Series, the Women’s Day edition, held at the bank’s Head ...

The shareholders of Vitafoam Nigeria PLC have approved the N1.95bn dividend proposed by the company’s board of directors. The shareholders gave their approval at the firm’s 62nd Annual General Meeting in Lagos recently. The dividend of N1.95bn translates into N1.56 ...

Kuda Business, a segment of Kuda Microfinance Bank, has achieved 100,000 customers milestone on its platform. A statement from Kuda recently said that the business management and banking platform was providing support to more than 100,000 freelancers and micro, small ...

  Union Bank of Nigeria has reiterated calls for an equitable and inclusive society devoid of biases, stereotypes, and discrimination, especially against women. The Chief Executive Officer of the bank, Yetunde Oni, stated this during the commemoration of the 2024 ...

  The mobile banking app recently launched by MoneyMaster Payment Service Bank Limited (MMPSB), Nigeria’s leading payment service bank, has been enriching the banking experience of the bank’s customers. The app, which was unveiled by MMPSB for the convenience of ...

Union Bank of Nigeria has re-emphasised its advocacy for an equitable and inclusive society devoid of biases, stereotypes, and discrimination. This assertion was recently made at a special event hosted by the Bank to commemorate this year’s International Women’s Day ...

Kizz Daniel’s wife has bagged an endorsement deal just 7 days after the singer disclosed to his fans that they were married The deal is with an automobile dealership. It would be recalled that the musician had stirred reactions online ...

  Newly listed stock, Transcorp Power, its parent company, Transcorp and FBN Holdings were the major drivers of the N194bn gain the market capitalisation of the Nigerian Exchange recorded on Tuesday. The market cap rose by 0.35 per cent to ...

The UICL Project manager, Engr Charbel and ADRON HOMES chairman/CEO, Aare Adetola Emmanuel king and Arch Makinde Northern Nigeria Project director for the construction and development of Snowfall Park and Gardens Jos, Plateau State. In a bid of comfortability.and affordability ...

  In a bid to boost start-up capital and place more resources at the disposal of aspiring young entrepreneurs in Nigeria, retail lender, Unity Bank Plc has increased the prize money for winners of its flagship Entrepreneurship Development Initiative, known ...

Elon Musk announced on Wednesday that his social media company X is considering getting rid of likes and repost figures on posts He made the comment to attendees of the Morgan Stanley Technology, Media, and Telecom Conference. The move, his ...

  Jeff Bezos reclaimed the title of the world’s richest person, surpassing Elon Musk with a net worth of $200 billion Musk’s fortune decreased by $31 billion in the past year, while Bezos gained $23 billion. Bezos’ rise comes as Tesla shares fell over ...

The Economic and Financial Crimes Commission, on Monday, indicted banks as being linked to about 70 per cent of the financial crimes in Nigeria EFCC’s Chairman, Ola Olukayode, disclosed this while speaking in Abuja at the 2023 Annual Retreat and ...

Enugu State Internal Revenue Service (ESIRS) has sealed the Enugu outlets of ShopRite, Spar abd other supermarkets over alleged failure to remit purchase tax in their malls to the government after being served several warning notices   According to the ...

Billionaire businessman, Aliko Dangote, has named the 120km road leading to his refinery in Lagos after the late Group Chief Executive Officer of Access Holdings, Herbert Wigwe, in recognition of his exceptional contributions to the project The announcement was made ...

Qatar Airways has partnered with Access Bank to offer the bank’s customers across Africa discounts on flights. In a statement made available to our correspondent on Friday, it was revealed that the airline would offer a 12 per cent discount ...

  The Managing Director of First City Monument Bank, Mrs Yemisi Edun, has urged accountants to make sustainability accounting the cornerstone of their practices, while calling for transparency. Edun stated this while delivering the keynote address at the Western Zone ...

The Central Bank of Nigeria (CBN) has revoked the operating licenses of 4,173 Bureaux De Change (BDC) operators, citing non-compliance with regulation The CBN invoked its powers under the Bank and Other Financial Institutions Act (BOFIA) 2020, Act No. 5, ...

The crypto trading platform Binance has been slammed with a $10 billion fine by the Federal Government over allegations of influencing the country’s forex crisis The special adviser to President Bola Tinubu on information and strategy, Bayo Onanuga, disclosed this ...

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that foreign exchange backlogs have been cleared in all the banks except for five of them Cardoso said this on Thursday during an investor call facilitated by the ...

  The revenue of indigenous energy firm, Seplat Energy has appreciated by 11.5 per cent in the financial year 2023 to $1.06bn from $951m in the corresponding period of 2022. Based on the Audited results for the period ended December ...

  Financial services firm, OPay, has called on its customers to complete the regularisation of their accounts by linking their Bank Verification Numbers or their National Identity Numbers as mandated by the Central Bank of Nigeria. In a December 1 ...