Real Time Financial News Website
The head of the CPPE emphasized the necessity of fostering an atmosphere that would allow micro, small, and medium-sized firms to flourish, claiming that small businesses generate more jobs than…
Oil Mining Licence 17 has been linked to an illegal oil bunkering operation, and individuals responsible for the oil theft are presently being looked into. The Nigeria Security and Civil…
The country’s institutions have been urged by Polaris Bank Limited and other financial sector players to offer opportunities that would enable women to realize their full potential for the sake…
A site for applications has been made available by the Nigeria Sovereign Investment Authority for the first award for innovation program. According to a statement, only the recently launched portal…
The multinational biotechnology business Seagan Inc. and the pharmaceutical behemoth Pfizer have agreed to combine for $43 billion, or $229 a share. Cancer drugs are discovered, developed, and sold by…
Alhaji Idris Yahaya, the Yobe State Auditor General for local government, was given a five-year jail term for misappropriating N19.9 million in public monies by Judge Muhammad Lawu Lawan of…
Cashless gateways were utilized 901.46 million times in February compared to 638 million times in January. Despite a rise in use, there were more unsuccessful transactions in February as the…
The Murtala Muhammed International Airport in Lagos will be closed for eight weeks for repair, according to a statement from the Federal Airports Authority of Nigeria. International planes are only…
Nigeria will charge N1000 to verify a Nigerian’s National Identity Number when they apply for a passport.The commission claims that by promptly verifying NIN, the fee would increase the timeliness,…
Godwin Emefiele, the governor of the Central Bank of Nigeria, succumbed to pressure on Monday and formally ordered commercial banks to follow the Supreme Court’s ruling, which allowed the use…
The Chairman of Vitafoam Nigeria Plc, Bamidele Makanjuola, has retired after 10 years of service, in line with the company’s tenure policy. Makanjuola announced his retirement while addressing the company’s…
According to court records from London, the global commodities trader Trafigura has accused Indian businessman Prateek Gupta of committing “systematic fraud” involving nickel shipments totaling around $600 million. The sought-after…
The execution of the Securities and Exchange Commission’s agreement with the Pan-African Payment Settlement System is expected to promote intra-African commerce and support capital market diversification. Dr. Okey Umeano, the…
Iyinoluwa Aboyeji, the founder and CEO of Future Africa, claims that the failure of SVB may have an effect on a lot of Nigerian businesses. He said that the majority…
Residents in the nation’s capital have been made aware of the spread of unlawful housing estates and other projects by the Federal Capital Territory Administration. This came as it reaffirmed…
A few weeks after commencing production, the Edo Modular refinery, which is supported by the Edo State government, has ordered the delivery of 150,000 barrels of oil to fulfill the…
The report also revealed that Nigeria exported raw commodities worth N1 trillion, resulting in a N1.4 trillion imbalance over the time period under consideration. Also, according to Statistics, the value…
With the installation of transformers, substations, and other accessories to increase supply, power generation on the national grid has remained over 4,000 megawatts since January of this year. Experts think…
According to a recent analysis by the economic think tank Centre for the Promotion of Private Business, the Federal Government’s over 70% mop-up of cash through the Central Bank of…
During the weekend, a number of bank clients, employees, and commuters were left stranded in different regions of the nation due to the continuous rejection of old notes by transport…
In order to give itself more time to recalibrate the electronic voting equipment at the center of last month’s contentious presidential election, Nigeria’s electoral commission postponed Saturday’s elections to install…
In 2022, Shell (SHEL.L) reported a substantial decline in the amount of oil spilled due to sabotage in Nigeria’s oil-rich Delta, which was attributable to the stoppage of operations for…
Olubayode Okubanjo has been named the new group chief financial officer of Wakanow. “Bayode takes this new job with a track record of continuously exceptional results at the helm of…
The World Economic Forum, or WEF, estimates that it will take more than 100 years to close the gender gap worldwide. Worrisomely, Nigeria placed 123rd out of 145 nations in…
Value Added Tax and Business Income Tax revenues increased by 33% YoY to N4.92 trillion in 2022 from N3.68 trillion in 2021, or year over year. The National Bureau of…
The Pension Commission has designated Stanbic IBTC Bank, a division of Stanbic IBTC Holdings, as one of the institutions to handle mortgages backed by Retirement Savings Accounts (RSA) (PenCom). Contributors…
Mustapha Ahmed, the director general of the National Emergency Management Agency, has issued a warning about impending catastrophic floods this year, which is predicted by pertinent authorities. “The flood calamity…
The COO claimed that manufacturers of electric vehicles in the nation anticipate federal initiatives encouraging consumers to purchase EVs and enhancing their use. He urged the government to strengthen the…
Questions have been raised concerning the effectiveness of the Bimodal Voter Accreditation System and Election Result Viewing Portal used by the Independent National Electoral Commission to improve the electoral process…
Oil Mining Lease 18’s operator, Eroton Exploration and Production Ltd, has been fired by NNPC Limited, and its subsidiary, NNPC Eighteen Operating Limited, has taken over. The adjustment, according to…