Business/Economy

In Bid to Improve Services, NCC Approves 50% Rise in Telecoms Tariff CHIGOZIE AMADI The Nigerian Communications Commission (NCC) yesterday approved the raising of telecoms tariff by 50 percent in what observers believe was approved in...

•House committee insists N595bn allocated to intelligence sub-sector inadequate •Senate rejects information ministry’s meagre N8.9bn budget CHIGOZIE AMADI The Ministry of Humanitarian Affairs and Poverty Reduction has asked the National Assembly to approve N260 billion for it...

•Moves to enforce compliance, enforcement mandates CHIGOZIE AMADI The Registrar-General/Chief Executive, Corporate Affairs Commission (CAC), Mr. Hussaini Magaji, yesterday said all business registration with the commission would soon be fully driven by Artificial Intelligence (AI) to further...

•CEO says mortgage bank’s policies yielding results CHIGOZIE AMADI The Federal Mortgage Bank of Nigeria (FMBN) has announced a record disbursement of N12.18 billion in National Housing Fund (NHF) refunds to retiring or exiting subscribers within...

•Generated over $71.6m in revenue from events CHIGOZIE AMADI Lagos State once again lived up to its billing as tourism and entertainment capital of Africa, with a notable December 2024 season, generating over $71.6 million in...

Shettima Arrives Davos for World Economic Forum Meeting CHIGOZIE AMADI Vice President Kashim Shettima yesterday arrived Davos, Switzerland to represent Nigeria at the 2025 annual meeting of the World Economic Forum (WEF). The WEF meeting, according to...

•Reveals wealth of Nigeria’s wealthiest four may fill entire Lagos in N500 notes •Declares no fewer than five trillionaires to emerge in 10 years •Warns Trump’s policies ‘set to fan the flames of inequality further’ CHIGOZIE AMADI The...

Operators risk fine over non-renewal of registration – SEC CHIGOZIE AMADI The Securities and Exchange Commission has warned that capital market operators who fail to renew their registration for the year 2025 by January 31 risk...

Bauchi firm decries exorbitant rent prices CHIGOZIE AMADI A real estate company in Bauchi, Arico Homes and Properties Limited, has lamented the exorbitant house rent across the state. Arico Homes and Properties Limited, While expressing its concern on...

Equity market loses N1.45tn in one week CHIGOZIE AMADI The Nigerian equity market experienced a loss last week, shedding N1.45tn in market capitalisation. The All-Share Index fell by 2.94 per cent, closing the week at 102,353.68...