Business/Economy

Reserves Reaches Three Weeks High, Now $32.39bn Chigozie Amadi Nigeria’s external reserves surged to a three-week high, hitting $32.39 billion on May 8, 2024, marking a noteworthy recovery from previous declines. Data sourced from the Central Bank...

.Exploring responsibilities of pension fund operators, consumers   Chigozie Amadi As reported on this page last week, the National Pension Commission (PenCom) recently issued the maiden Consumer Protection Framework for the Nigerian pension industry. Previously, we highlighted...

Eight DMBs Generated N59.67bn from Account Maintenance Fees in Q1 2024   Chigozie Amadi About eight Deposit Money Banks (DMBs) listed on the Nigerian Exchange Limited (NGX) generated a whopping sum of N59.67 billion from account maintenance income in the...

Cybersecurity Levy Will Impact Nigerian Economy Negatively’ Chigozie Amadi Two advocacy groups, Nigeria Internet Group (NIG), and the Nigeria Computer Society (NCS), have kicked against the planned introduction of cybersecurity levy by the Central Bank of...

US Government, FCMB Partners to Strengthen Nigeria’s Health Sector Chigozie   Amadi The U.S. Agency for International Development (USAID) Mission Director, Melissa Jones has affirmed the U.S. government’s commitment to strengthen Nigeria’s health sector and private sector...

Okubadejo: Ogun IGR has Tripled from N50bn to N150bn Chigozie Amadi The Commissioner, for Finance and Chief Economic Adviser to Ogun State, Mr. Dapo Okubadejo, has revealed that the state’s Internally Generated Revenue (IGR) has almost...

Investment: Stakeholders Map Out Cross-platform Content Exposure Strategy Chigozie Amadi Following the speedy evolution and technology advancement in the global marketing communication industry, which have altered the media consumption on all fronts, stakeholders are increasingly advocating...

Caverton Offshore Announces Late Submission of Financial Statement Chigozie Amadi Caverton Offshore Support Group Plc has announced that due the delays in completing the audit process, its Audited Financial Statements for the year ended 31 December 2023 has not...

RealtorMax Set to Redefine Real Estate Landscape Chigozie Amadi RealtorMax Limited is set to revolutionise the real estate sector by offering convenient home ownership options and developing new eco-friendly towns around Lagos and other key cities...

*Announces establishment of Annual African Media Prize, African Journalists and Correspondents’ Fellowship CHIGOZIE AMADI The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, yesterday, called on the Africa Import Export Bank (Afreximbank) and all...