Business

Equities market ends 9-day bullish run

The equities market reversed its nine-day bullish trend on Monday, recording a total loss of N94 billion. The downturn was driven by profit-taking in major stocks such as Deap Capital…

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FCCPC hails court rulings against MultiChoice, Peace Mass Transit

The Federal Competition and Consumer Protection Commission (FCCPC), has hailed the recent court ruling that awarded five million naira in damages against MultiChoice Nigeria Limited. A notice by Mr Ondaje…

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Naira slips to N1,475.35 against dollar at official market

The Naira depreciated on Friday, trading at N1,475.35 to the Dollar at the official foreign exchange market, according to figures released by the Central Bank of Nigeria (CBN). The decline…

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World Bank unveils plan to boost private investment, drive job growth

………via International Finance CorporationThe World Bank is developing the International Finance Corporation (IFC2030) strategy to strengthen private capital mobilisation, its President Ajay Banga, said this on Friday in Washington DC.…

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Google unveils AI skills training for public servants

Google.org has unveiled an Apolitical’s Government Artificial Intelligence (AI) Campus skills training for the Nigerian public servants, a trusted global hub for AI excellence in government. Google announced on Thursday…

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CBN Gov assures foreign investors of conducive business environment

The Central Bank of Nigeria (CBN) has assured foreign investors that the government will continue to advance reforms and unlock opportunities for sustainable investment and growth. CBN Governor, Yemi Cardoso,…

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Hope for Gencos as FG rolls out N4trn bond to settle arrears 

The Federal Government has finalised  implementation frameworks for a ₦4 trillion government-backed bonds to settle verified arrears owed to power Generation Companies (GenCos) and gas suppliers. The Special Adviser to…

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Minister: Solid minerals sector, next jugular of Nigeria’s economy

The Minister of Solid Minerals Development, Dr Dele Alake, says the solid minerals sector is the next jugular of Nigeria’s economy. Alake stated this at the opening of the 10th…

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Transcorp Power posts results of N91.2bn pbt, grows revenu by 38%

Transcorp Power Plc (“Transcorp Power” or the “Company”), (NGX: TRANSPOWER), one of the power subsidiaries of Nigeria’s leading listedconglomerate, Transnational Corporation Plc (“Transcorp Group”), has announced its unaudited Q3 financial…

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CBN Gov replaces Edun as Nigeria’s delegation leader to W’Bank-IMF meeting

…….in Washington DC Governor of the Central Bank Nigeria, Mr Olayemi Cardoso, will lead Nigeria’s delegation to the World Bank and International Monetary Fund Annual Meeting in Washington DC, which…

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