Business/Economy

NACCIMA Urges FG to Treat Business Investors Well to Attract FDI   CHIGOZIE AMADI The National President of Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Mr. Dele Oye, has urged the federal government...

Unity Bank Share Price Remains Flat at N1.51 after Merger Deal with Providus Bank CHIGOZIE AMADI The stock price of Unity Bank Plc, yesterday traded flat at N1.51 per share after the Central Bank of Nigeria’s...

IHS Approves Eight Years Renewal, Extension of MTN Tower Lease Agreements CHIGOZIE AMADI IHS Nigeria, a subsidiary of IHS Holding Limited, one of the largest independent owners, operators, and developers of shared communications infrastructure in the...

•Says sector incurred over N1.5tn losses in foreign related transactions •Recorded 108.7% increase in job losses in 2023 alone  •Many SMEs forced to close operations CHIGOZIE AMADI The Manufacturers Association of Nigeria (MAN) yesterday, declared that continued non-redemption...

CBN adopts Retail Dutch Option to boost liquidity CHIGOZIE AMADI The Central Bank of Nigeria (CBN) says it undertook the sale of foreign exchange (Fx) to end users through a Retail Dutch Auction System (rDAS). According to...

SEC to outline vision for capital market at CMC meeting CHIGOZIE AMADI Emomotimi Agama, Director General, Securities and Exchange Commission (SEC), says the commission is set to outline its vision for the Nigerian capital market at...

Bank consolidation: CBN approves merger of Providus Bank with Unity Bank CHIGOZIE AMADI The Central Bank of Nigeria (CBN) has approved the merger between Providus Bank Limited and Unity Bank Plc. The Banks in a joint statement...

FirstBank has emerged the winner of the prestigious Euromoney Award for Nigeria’s Best Bank in Environmental, Social, and Governance (ESG), reinforcing its position as a leader in sustainable banking and finance practices in its...

Dangote Cement Pan-African half year revenue records 139.9% growth CHIGOZIE AMADI Dangote has continued to attract huge forex into the country through his pan-African operations as the half-year result for Dangote Cement indicates an increase in...

Heirs Insurance Group appoints Ibrahim Puri and Sonny Iroche as Independent Non-Executive Directors CHIGOZIE AMADI Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance provider, has announced the appointment of Ibrahim Puri and Sunny Iroche as Independent Non-Executive...