BUSINESS
Vice President Kashim Shettima says the federal government will support local manufacturers with N75 billion by March 2024 to strengthen the manufacturing sector. Shettima said this while declaring open the second National Conference on non-oil export organised by the Nigerian Export Promotion Council (NEPC) on Wednesday in Abuja. Represented...
By OLA MUDOPE, Lagos – MTN Foundation through its annual scholarship initiative has awarded scholarships to 360 undergraduate Nigerian students in addition to 651 current scholars, totalling 1,011 scholars. The awardees were celebrated at award ceremonies held in Port Harcourt, Lagos and Abuja. NATIONAL ACCORD reports that the...
If there is any recent evidence that placed the Osun state Governor, His Excellency, Senator Narudeen Ademola Adeleke Jackson, among the few public office holders in the country that their sense of nationhood is stronger than their tribal loyalty, it is the recent news report that he (the Osun...
The Debt Management Office (DMO) on Tuesday offered for subscription, Ijarah Sukuk valued at N150 billion. According to a statement by the DMO, the Sukuk is issued by Federal Government of Nigeria (FGN) Roads Sukuk Company PLC, on behalf of the Federal Government. It said that the Sukuk...
TAJBank Limited, a Nigeria’s non-interest bank has recorded the highest Tier-1 capital in the non-interest banking sub-sector in the first half of 2023. This is according to a statement by TAJBank’s Chief Executive Officer (CEO), Mr Ahmed Joda Joda said that the audited financial statements...
The Nigeria Deposit Insurance Corporation (NDIC), has declared additional over N16 billion as liquidation dividend to be paid to depositors, creditors and shareholders of 20 banks in-liquidation. A statement issued by Mr Bashir Nuhu, the Director, Communication and Public Affairs of NDIC in Abuja on Monday, said the...
BUA Cement Plc has reviewed down the price of the company’s cement to N3,500, effective from Oct. 2. The company’s management made the disclosure via a statement on Sunday in Lagos. It said the reduction in cement price was to spur development in the building materials and infrastructure...
A total of 15 Nigerian small business owners stand a chance to get N5 million each in the N75Million equity-free fund or Small and Medium Businesses (SMBs) in Nigeria. Already, application has been opened for the ₦75 Million equity-free fund through Google’s Hustle Academy SMB Fund. This will go...
By JOHN ONAH, Abuja – The Federation Account Allocation Committee (FAAC) has shared the sum of N1.1 trillion to the Federal Government, states and Local Government Councils (LGCs) for August. This is contained in a communiqué issued by the FAAC at its September meeting. The communiqué said...
Fluenta, a global leader in ultrasonic sensing technology for measurement of flare gas, says it has completed installation of 18 ultrasonic flare gas meters on large pipelines around the Dangote Refinery Plant in Nigeria. Mr Radek Kurkowski, a Director at Fluenta, said on Thursday that it spent more than...
By CALLISTUS OFFOR, Abuja – Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, said on Thursday that access to financial products and services can foster economic growth, promote entrepreneurship, investment, and productivity in the country. The Minister, who stated this during the unveiling of...
By CALLISTUS OFFOR, Abuja – In line with its commitment to accelerate financial inclusion by individuals and businesses in Nigeria and beyond through secure, seamless and hassle-free transactions, an innovative pan-African Digital Payment Platform, Kayi Bank has launched its banking app, Kayi App. The Kayi Bank’s App was...
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has urged stakeholders within the Micro Small and Medium Enterprises’ (MSMEs) ecosystem to create a more supportive environment for MSME’s to grow, thrive and contribute to the economy. The Chief Executive Officer, SMEDAN, Dr Olawale Fasanya, gave the...
Access Bank Plc, says it has enhanced its Agriculture Desk to boost sustainable agricultural business and attract global investments. The Executive Director, Commercial Banking, Access Bank, Ms Hadiza Ambursa, at a news conference on Wednesday in Lagos, said that the move aimed at improving value for its...
G To mark its 25 birthday, Google is celebrating on its site with a new Google Doodle, where it put ’25’ in place of the two O’s to spell G25gle NAN reports that Google was launched in Sept. 27, 1998 by co-founders Sergey Brin and Larry Page. In the...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has signed a Memorandum of Understanding (MoU) with the Nigerian Content Development and Monitoring Board (NCDMB) and International Oil Companies for optimal contracting cycle in the industry. The MoU will implement industry framework, focused on processes and timelines for achieving...
The Media Advocacy West Africa – MAWA Foundation calls on Mr. Bola Tinubu, the Nigerian President to review his policy on fuel subsidy removal. This is because, the fact before us and other countries’ experience has shown fuel subsidy is energy security that countries cannot do without, because of...