CBN Sets $1m Minimum Share Capital Requirement for IMTOs
The revised guidelines for the operation of IMTOs, officially released via the CBN's website and signed by Dr.!-->…
Bullish Trading on Stock Market, Gaining N902bn
The stock market experienced a bullish resurgence on Thursday, resulting in a substantial gain of N902 billion.
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Delta Air Lines Ranks 11th on 50 Most Admired Companies List
Delta Air Lines has secured the 11th position on Fortune Magazine's prestigious Top 50 Most Admired Companies!-->…
Banks Rush to Sell Excess FX Holdings Ahead of CBN Deadline
Commercial banks in Nigeria were in a frenzy on Thursday as they worked tirelessly to offload their surplus!-->…
FBN Holdings Reports N309bn Profit
FBN Holdings, in its Unaudited Consolidated Financial Statements for the period ended December 31, 2023, announced!-->…
Google Launches Advanced AI Model in Nigeria
Google has unveiled its most advanced Artificial Intelligence model, Gemini Pro, in Nigeria on Thursday.
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Dangote Refinery: NIMASA Foresees Revenue Decline
The Nigerian Maritime Administration and Safety Agency (NIMASA) has projected a decrease in revenue following the!-->…
Lagos State Government to Remove Illegal Buildings in Two Weeks
The Lagos State Government has announced plans to initiate the removal of illegal building attachments and!-->…
NIMC Expands Enrolment Systems to Boost NIN Registration
The National Identity Management Commission (NIMC) has authorized the deployment of additional enrolment systems!-->…
CBN Orders Banks to Sell Excess Dollar Stock to Stabilise Exchange Rate
In a bid to stabilize Nigeria's volatile exchange rate, the Central Bank of Nigeria (CBN) has directed Deposit!-->…
Femi Otedola Appointed Chairman of FBN Holdings
FBN Holdings, the parent company of First Bank of Nigeria, has appointed billionaire businessman and investor Femi!-->…
BDC Operators Suspend Operations Due to Dollar Scarcity
Bureau De Change (BDC) operators in Abuja have announced the suspension of their operations due to the!-->…
FG Explores Green Hydrogen Opportunities for Cleaner Energy Transition
The Federal Government has embarked on exploring opportunities in green hydrogen as part of its efforts to!-->…
Port Harcourt Refinery Undergoes Test-run
The Federal Government confirmed on Wednesday that the Port Harcourt Refining Company is currently undergoing test!-->…
EFCC Investigates Controversial Nigeria Air Deal-Festus Keyamo
Minister of Aviation and Aerospace Development, Festus Keyamo, revealed on Wednesday that the Economic and!-->…
CBN Clears Foreign Airlines’ Unpaid Claims
The Central Bank of Nigeria (CBN) announced that it has settled outstanding payments owed to foreign airlines!-->…
Sky Logistics Launches Scholarship Program for Nigerian Travel Agencies
Sky Logistics Limited (GSA Nigeria) Delta Air Lines Incorporated has introduced a scholarship program aimed at!-->…
Jetour Introduces X90 Plus ‘Cruise’ SUV to Nigerian Market
Jetour Mobility Service has unveiled the X90 Plus, also known as 'Cruise', in the Nigerian market, offering!-->…
Runway Incursions as Threat to Nigeria’s Aviation Industry
The aviation sector in Nigeria faces a significant challenge with the increasing occurrence of runway incursions,!-->…
GlaxoSmithKline Reports 33.76% Profit Decline
GlaxoSmithKline Consumer Nigeria Plc witnessed a significant 33.76% decline in profit, dropping to N510.80 million!-->…
Geregu Power Plc Proposes N8 Dividend per Share
Geregu Power Plc's board of directors has announced a proposed dividend of N8 per share for the 2023 financial!-->…
Seven-Up, UNIDO, Zenith Bank Partner in SME’s Empowerment
Seven-Up Bottling Company, in collaboration with the United Nations Industrial Development Organisation (UNIDO)!-->…
NNPC Engages South Korea for Gas Projects
The Nigerian National Petroleum Company Limited (NNPCL) has initiated discussions with a South Korean consortium!-->…
Exchange Rate: Nigerian Naira Declines to N1, 531/$
The Nigerian naira experienced another decline on Tuesday in the official market, narrowing the disparity between!-->…
Nigeria Flares $1 Billion Worth of Natural Gas
BusinessDay's investigation revealed that Nigeria flared approximately $1 billion worth of natural gas last year,!-->…
Kogi State Government Releases N115 Million for JAMB Registration Fees
The Kogi State Government, under Governor Yahaya Bello's leadership, has allocated N115,000,000 to cover the Joint!-->…
Foreign Exchange: Naira plungs to N1348.63/$
The Nigerian Autonomous Foreign Exchange Market witnessed a historic low on Monday as the naira plunged to!-->…
Pension Scheme Assets Hit N18.36tn, Increases by 22%
Data released by the National Pension Commission reveals that the total assets under the Contributory Pension!-->…
OPay Bolsters Security Measures to Combat Financial Fraud
Nigerian financial technology firm OPay has launched an array of security measures aimed at fortifying its!-->…
Exit of Burkina Faso, Mali, and Niger Threatens ECOWAS Trade Relations
The potential withdrawal of Burkina Faso, Mali, and Niger Republic from the Economic Community of West African!-->…