Business/Economy

Nigeria’s Credit Penetration Rises to 14% CHIGOZIE AMADI Credit penetration in Africa’s most populous nation has risen to 14 percent. The growth, driven largely by the activities of CRC Credit Bureau Limited, Nigeria’s foremost credit bureau company,...

It was all fun and funfair as the 2024 edition of the Glo sponsored Ojude Oba festival was held in Ijebu Ode, Ogun State, on Tuesday. The telecommunications company, as expected, had the venue decked...

  “It is worthy of note that following the port reforms programme and subsequent concessioning of the ports, there was consensus among stakeholders on the need to establish an economic regulator for the ports to...

Investors set to feast on Fidelity Bank Offer Chigozie  Amadi As the Fidelity Bank Plc Initial Public Offer (IPO) and Rights Issue open Thursday, investors are set to feast on in the bank’s offerings. Feelers from investor...

  The Board of FirstBank has approved the appointment of Mr Olusegun Alebiosu, currently Acting Managing Director/Chief Executive Officer, as the Managing Director/Chief Executive Officer, FirstBank Group. Also, Ini Ebong, currently the Executive Director, Treasury, and...

James Emejo writes on the need to preserve the autonomy of the Central Bank of Nigeria in the  interest of the nation’s  economy The National Assembly recently passed a bill seeking to amend the CBN...

Coastal Highway: Compensation for Km 7 Onwards on Hold, Says Umahi CHIGOZIE AMADI The federal government has said it is withholding payment of compensation to affected property owners from Kilometre Seven on the Lagos-Calabar Coastal Highway...

FG, Stakeholders Stratagise to Control, Eradicate PPR, Improve Food Security CHIGOZIE AMADI The federal government, in collaboration with its development partners in the livestock industry, has strategised for the control and eradication of Peste Des Petits...

Bloomberg: Western Multinationals Fleeing Nigeria Being Replaced by Asian, Turkish Firms CHIGOZIE AMADI As US and Europe-based multinationals exit Nigeria, Asian and local companies are stepping in to fill the void, Bloomberg has reported. Last week, London-based...

Edo Unveils Plans to Boost Business Environment CHIGOZIE AMADI Edo State Government recently held the second quarter (Q2 2024) Ease of Doing Business (EoDB) Council strategy review meeting, outlining a series of reforms aimed at boosting...