Nigeria Targets $50bn Revenue from Satellite Commercialisation
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has expressed support for the potential generation of $50 billion annually through...
Sunday, April 20, 2025
Heirs Insurance Shortlists 15 Essay Finalists, Winner Takes Home ₦8 Million
Heirs Insurance Group, Nigeria’s fastest-growing insurance group, has announced that the finalist in its third essay competition will win ₦8...
Meet Dr. Olasupo Olusi, newly Appointed MD/CEO Bank of Industry
On monday, 2nd September 2024, President Bola Tinubu approved the appointment of Dr. Olasupo Olusi to serve as the Managing...
PMI: Business Conditions in Nigeria Broadly Stagnant in August
Business conditions in the Nigerian private sector were broadly stagnant in August, according to Stanbic IBTC Purchasing Manager's Index (PMI)....
Nigeria’s Foreign Trade Payments Crash by 57%
The official statistics released by Central Bank of Nigeria (CBN), has indicated that Nigeria's letter of Credit by 57% in...
Recapitalisation: CBN Joined by SEC, NDIC to Verify Bank
A high-level tripartite committee of the three major regulators of the financial services sector has been formed to scrutinise new...
Naira Devaluation Among Reasons Cement Sells Above N3,500 – BUA
Abdul Samad Rabiu, chairman of BUA Cement, says his company’s intention to slash the price of cement from N4,500 to...
FG Grants 50% Electricity Subsidy for Varsities
President Bola Ahmed Tinubu has approved a 50% subsidy for electricity used by Universities and Teaching hospitals, an audacious move...
Protests Erupt at UI Over N412,000 Tuition Fee Increase
Students at the University of Ibadan (UI) in Oyo State have launched a new protest against a recent increase in...
Newly Established Risk Management Committee to Submit Report within Four Weeks
The Risk Management Committee, a newly established committee saddled with the responsibility of assessing and managing various risks confronting the...
BDAN Grows Income by 138.9%
The Bank Directors Association of Nigeria (BDAN) has reported a 138.9% increase in total income for 2023. This was announced...
Tony Elumelu Foundation Launches Research Study with MIT, Columbia, and University of Chicago
The Tony Elumelu Foundation, together with professors from the Massachusetts Institute of Technology, the University of Chicago, and Columbia University,...
Nigeria Signs MOU with Boeing Aircraft manufacturers
Nigeria has signed a landmark Memorandum of Understanding (MoU) with Boeing, one of the world's leading aircraft manufacturers to facilitate...
Nigeria’s Telecommunications Sector Attracted Over $70 Billion Investments, Created Over 500,000 Jobs – Dayo Oketola
Dayo Oketola, the immediate past Editor of The PUNCH Newspaper, has noted that Nigeria’s telecommunications sector, which began with the...
adidas Opens First Store in Africa
German athletic apparel and footwear corporation adidas has launched Africa’s first Adidas Originals store in Lagos, Nigeria.
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