Business/Economy

Finance Minister assures AFD of partnership to drive economic growth CHIGOZIE AMADI   The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has received in his office in Abuja, a high-level delegation from...

Access Bank raises N442bn capital through syndicated Tier II facility CHIGOZIE AMADI In a significant stride towards fostering economic growth, Access Bank Plc has celebrated a landmark moment in its partnership with the Dutch Entrepreneurial Development...

FAAC shares N1.35trn June revenue among FG, States, LGs CHIGOZIE AMADI The Federation Account Allocation Committee (FAAC) on Tuesday said that the three tiers of government have shared N1.35 trillion revenue realised in June, 2024. It explained...

•Severe in Bauchi, Kogi, Oyo, others   • Food index hits 40.87% CHIGOZIE  AMADI The Consumer Price Index (CPI), which measures the rate of change in prices of goods and services, further rose to 34.19 per cent in...

•Says company’s income to boost Naira’s value  •Refinery to ramp up production to 500,000 bpd in August, full output in Q1 2025 CHIGOZIE AMADI President of Dangote Group, Aliko Dangote at the weekend stated that his company’s...

•Bintube recounts how Dangote rescued venture from collapse CHIGOZIE AMADI Chairman, Jaiz Bank Plc, Alhaji Mustapha Bintube, has disclosed plans to grow its capital threshold to N70 billion by the end of the year. Speaking at a...

•BPP urges lawmakers to halt proposed amendment of public procurement act CHIGOZIE AMADI The Chairman of the House Committee on Solid Minerals, Hon Jonathan Gaza, yesterday, revealed that unlawful mining costs the country $9 billion each...

Startups Get $20,000 Boost at Markhack 3.0 CHIGOZIE AMADI About 10 Marketing Technology (Marketech) startups have emerged winners, benefiting from a pool of winnings valued at $20,000, at the grand finale of the Markhack 3.0, one of Africa’s...

Cavista Holdings Appoints Adedeji as Group Marketing Director CHIGOZIE AMADI Cavista Holdings Limited, a leading conglomerate in Technology, Agriculture, Healthcare, Hospitality, and Fintech is thrilled to announce the appointment of Wole Adedeji as the new Group Marketing Director. Wole...

Honeywell, Seplat drag equity market to N188bn loss CHIGOZIE AMADI Investors lost N188 bn on the Nigerian Exchange Limited on Thursday due to declines in the share prices of Ikeja Hotel, Honeywell Flour, and Seplat Energy. Ikeja...