BUSINESS
FSDH Merchant Bank, IFC, and WEAV Capital Conclude Inaugural Female Founders Growth Programme
After a transformative seven-week journey, FSDH Merchant Bank and the International Finance Corporation (IFC) in collaboration wi ...
Waning influence of OPEC+ in spotlight as prices flag
The expansion of OPEC has proved to be a double-edged sword for the cartel as it means decision-making has become more difficult, according to Swissquote analyst Ipek ...
BUA Group to build 700 tons per day mini LNG project, signs agreement with CIMC ENRIC in partnership with AXXELA Group
L – R: Gary Peng, Director, CIMC ENRIC; Abdul Samad Rabiu, Founder/Executive Chairman, BUA Group, and Mobolaji Osunsanya, Managing Director, Axxela Group on Monday, during the 70 ...
BUA Group to build 700 tons per day mini LNG project, signs agreement with CIMC ENRIC in partnership with AXXELA Group
L – R: Gary Peng, Director, CIMC ENRIC; Abdul Samad Rabiu, Founder/Executive Chairman, BUA Group, and Mobolaji Osunsanya, Managing Director, Axxela Group on Monday, during the 70 ...
US bans pharmacy Rite Aid from facial recognition use
Rite Aid has been ordered to stop using facial recognition for the next five years after finding the technology falsely identified some consumers as shoplifters. Phot ...
Spain takes 10% of Telefonica following Saudi stake
The Spanish government's stake in Telefonica will balance out a similar stake taken by Saudi Telecom (STC). Photo: Josep LAGO / AFP/FileSource: AFP
Top Cryptocurrencies in 2024 for 30x Returns - Bitcoin, Solana, BONK, Pullix
As we approach 2024, the crypto sector offers great projects for those seeking substantial gains. Among the multitude of options available are several DeFi coins like Bitcoin (BTC), Solana ( ...
MTN Group partners Starlink, OneWeb, AST SpaceMobile to increase connectivity in Africa
MTN Group is partnering with satellite communication companies, including OneWeb, Starlink, Lynk Global, and AST SpaceMobile, to increase connectivity in Africa's rural areas. ...
Why you should have a good investment and second address — Sen. Dino Melaye tells Nigerians as he vacations in the UAE
Sen. Dino Melaye has told Nigerians why they should have a good investment and second address as he vacations in the UAE. He said theres nothing like good investment and having a ...
NGX records marginal gains as investors wind up for yuletide
Trading at the Nigerian Stock Exchange Limited started the week positively as the All-Share Index appreciated by 0.02 per cent to close at 72,404.91 points. Accordin ...
Adobe cancels a $20-billion bid to acquire Figma
Bonjour, In the latest Community Guidelines Enforcement Report, TikTok disclosed that it removed 1.4 million videos posted by Nigerian users during the third quarter of 2023 ...
MTN Nigeria Raises N72.1bn Via CP
MTN Nigeria Communications (MTNN), said it has raised N72.1 billion through its 266-day commercial paper (CP). The company, in a notice on the Nigerian Exchange said: “MT ...
Federal Govt, Indonesia Sign Agreement To Establish Coal Fertiliser Plant In Nigeria
The federal government and the government of Indonesia have signed a Memorandum of Understanding (MoU) to establish a coal-based fertilizer plant in Nigeria to support agriculture production ...
Reps Bemoan Maritime Sector 1% Contribution To GDP
The House of Representatives committee on Shipping Services, over the weekend, lamented that the maritime industry contributed paltry one per cent to the nations Gross Domestic Product (GDP) ...
Performance Bond: NPA Reads Riot Act To Non-performing Staff
Following the signing of performance bond by the various ministries in the marine and blue economy sector, the Managing Director of the Nigerian Ports Authority (NPA), Mohammed Bello-Koko, h ...
Leading Transformation Successfully In Turbulent Times
TEXEM UKs recently completed flagship executive development programme, “Leading Transformation for Strategic Outcomes,”unfolded as a symphony of strategic brilliance at the prestigious Hilto ...
Deputy Senate President Moves To Stop Shoprite From Leaving Kano
Deputy President of the Senate, Senator Barau Jibrin, has set machinery in motion to halt the moves by one of Nigerias prominent supermarket chains, Shoprite, to close its only branch in Kano Stat ...
NNPCL Committed To Producing 2 Million Barrels Of Oil Daily — Akinyelure
Pius Akinyelure, Chairman of the newly inaugurated board and management team of the Nigerian National Petroleum Company Limited (NNPCL), has unveiled an ambitious production target of 2 million ba ...
Fuel price: NLC, PDP, LP issue stern warning as World Bank recommends N750/litre
Tougher time awaits Nigerians following the recent advice by the World Bank urging the Federal Government to review upward the pump price of Premium Motor Spirit, PMS. ...
Asian markets mostly down as Fed rate-cut rally fades
Traders are keeping a close eye on the Bank of Japan's meeting this week. Photo: Kazuhiro NOGI / AFPSource: AFPAsian markets fell Mon ...
SwapMoney Successfully Completes Fintrac Registration, Expanding Its Financial Service Reach To Canada
SwapMoney, a UK–based Money Service Business has successfully completed its registration with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). With this, individua ...
Fintech: Nigerians Lose N51bn To Cybercriminals
Nigerian banking customers have lost a whopping N51 billion savings to fraud, even as cybercriminals are now targeting Fintech bank customers to defraud them, LEADERSHIP can exclusively reve ...
Pre-Santa Rally To Trigger Positive Trading On Stock Market
The Nigerian stock market is expected to witness pre-Santa rally amid strategic positioning ahead of the New Year this week, OLUSHOLA BELLO writes. Analysts stated ...
NNPC Wins The Whistlers Transparency, Innovation Award
The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has won this years The Whistler Newspapers Award for Transparency and Innovation. The group chief executive officer (GCEO) of the co ...
Prezzo Shed Honours Outstanding Staff With Awards, Cash Rewards
Prezzo Shed Investments Ltd, a leading provider of health equipment for humanitarian purposes, has honoured some of its members of staff with Excellence Service Awards and monetary rewards.
Customs vows to end ports clearance delays, other challenges
The Comptroller-General of Customs, Adewale Adeniyi, has vowed to devise a lasting solution to issues facing clearance processes in ports nationwide. Adeniyi was quo ...
Harsh Business Environment: Labour Cries Out Over Imminent Mass Sack
The leadership of Nigeria Employers Consultative Association (NECA) and National Union of Food, Beverages, Tobacco Employees (NUFBTE) have raised alarm over looming mass sack across the country. ...
Oil-producing states get N75.410bn as 13 per cent derivation
From a total of N1.620 trillion which accrued to the Federation Account Allocation Committee in November 2023, the nine oil-producing states in Nigeria received a total sum of N75.410 ...
IMF, World Bank Remedies Cant Revive Nigerian Economy – Don
The chairman, Board of Trustees (BOT) of the Centre for Transparency Advocacy, Dr. Chima Amadi, yesterday said economic remedies from the International Monetary Fund (IMF) and the World Bank canno ...