Business/Economy

$50m Arewa Tech Fund to Foster Economic Growth in Northern Nigeria CHIGOZIE AMADI In a move to propel innovation and human capital development in Northern Nigeria, Arewa Tech Fest has unveiled the Arewa Tech Fund, a...

Sterling HoldCo Finalise $50m Capital Raising Exercise on CBN Directive CHIGOZIE AMADI Sterling Financial Holdings Company Plc has taken a major step toward meeting the Central Bank of Nigeria’s (CBN) recapitalisation requirements for its subsidiaries with the...

Raheem Akingbolu writes on how Cavista Holdings is living up to its promise to groom more software engineers in Africa and impact the continent’s economy with technology The giant strides being made by Cavista Technologies and...

New UNAIDS Report Says Debt Crisis Choking Healthcare Funding in Africa CHIGOZIE AMADI Growing public debt is choking sub-Saharan African countries, leaving them with little fiscal room to finance health and critical HIV services, a new...

•Declares support for Edo PDP governorship candidate CHIGOZIE AMADI Oyo State Governor, ‘Seyi Makinde, yesterday, performed the ground-breaking ceremony for the upgrading of the Samuel Ladoke Akintola Airport, Alakia, Ibadan to international standard, noting that the...

FIRS to Introduce e-Invoice, Simplify Tax Regimes for Informal Businesses CHIGOZIE AMADI The Executive Chairman of Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has announced that the FIRS would soon introduce e-Invoice, which is a...

Shettima: Nigeria’ll Be Leading Hub of $7.7tn Global Halal Market   CHIGOZIE AMADI Vice President Kashim Shettima has projected Nigeria to become the number one hub of opportunities in the global halal economy. According to him, the nation’s...

•Bureau generated N93.47bn in first two quarters of 2024 CHIGOZIE AMADI The National Council on Privatisation (NCP) yesterday, ratified the 2021 and 2022 audit financial reports of the Bureau of Public Enterprises (BPE). The Council also approved...

Despite Economic Challenges, Banks, Others Raise N2.6tn from NGX CHIGOZIE  AMADI On the back of business expansion and drive to meet the Central Bank of Nigeria (CBN) minimum capital requirement, a total of 12 companies listed...

Pension Assets Soars to N20.48tn as Number of Contributors Hit 100,063   CHIGOZIE AMADI The National Pension Commission (PenCom) has said that despite the prevailing high inflation rate which has been ravaging businesses, pension assets and contributors...