Business and Economy
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ES NCDMB, Lagos Gov commission Bell Oil and Gas’ pipe threading and valve assembly plant
A multi-million dollar pipe threading and valve assembly facility built by Bell Oil & Gas was commissioned on Tuesday at…
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UK Foreign Secretary meets Nigerian President Tinubu, agrees on Strategic Partnership
Abuja, 05 November 2024 The UK Secretary of State for Foreign, Commonwealth and Development Affairs, David Lammy MP, met President…
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Q3 2024: Veritas Kapital grows profit by 117% to N2.34bn
By Rukayat Adeyemi Lagos, Nov. 4, 2024 Veritas Kapital Assurance Plc has grown its profit after tax to N2.339 billion…
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Growth at the heart of UK Foreign Secretary’s visit to Nigeria
Economic growth to underpin work in Nigeria, as Foreign Secretary aims to elevate bilateral partnership with the Nigerian Government. Foreign…
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Nigeria sets January 2025 for $5bn Africa Energy Bank take off
Amb. Nicholas Ella, Permanent Secretary, Ministry of Petroleum Resources and Executive Board Member representing Nigeria at the African Petroleum Producers…
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Zenith Bank records remarkable triple-digit topline growth as PBT hits N1.0 trillion in Q3 2024
Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2024, recording a remarkable triple-digit…
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Dangote Refinery disowns IPMAN; Insists it can meet Nigeria’s petroleum products demand
The Dangote Petroleum Refinery has denied receiving any payments for refined petroleum products from the Independent Petroleum Marketers Association of…
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NLNG appoints Horsfall as GM External Relations
By Yunus Yusuf Lagos, Oct. 30, 2024 Nigeria Liquified Natural Gas (NLNG) has appointed Sofia Horsfall as its General Manager,…
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Naira depreciates against dollar
By Grace Alegba Lagos, Oct. 30, 2024 The Naira on Wednesday slightly depreciated at the official market, trading at N1,631.17…
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CANEX WKND 2024 concludes in Algiers with over US $540 million in deals committed
ALGIERS, Algeria, October 28, 2024 The second edition of the Creative Africa Nexus Weekend (CANEX WKND 2024) has drawn to…
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Afreximbank announces Investment Conference in Kisumu, Kenya to strengthen sub-sovereign participation in intra-African trade
CAIRO, Egypt, October 28, 2024 In a bid to strengthen the role of Africa’s sub-sovereign governments in driving intra-African trade…
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NGX set to list N11.98bn Halden McCall shares by introduction
By Rukayat Adeyemi Lagos, Oct. 28, 2024 The Nigerian Exchange Ltd. (NGX) has approved the listing of N11.98 billion ordinary…
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Dangote backs Tinubu’s CNG drive, invests over $280m in trucks, infrastructure
…. Becomes the largest operator of CNG trucks in Nigeria In a demonstration of its support for President Bola Ahmed…
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NCDMB to sponsor new R&D projects, as Triple Helix Nigeria unveils vision
The Nigerian Content Development and Monitoring Board (NCDMB) has signaled plans to support new research and development projects as part…
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Stanbic IBTC Insurance CEO, Akinjide Orimolade to Keynote Business Journal Annual Lecture 2024
Mr. Akinjide Orimolade, Managing Director/CEO, Stanbic IBTC Insurance Limited is the Keynote Speaker for the Business Journal Annual Lecture 2024 coming up…
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When NCDMB, Shell JV Partners donated Engineering Studio, ICT Hub to FUTO
The Nigerian Content Development and Monitoring Board (NCDMB) and Shell Petroleum Development Company (SPDC), with its joint venture (JV) partners,…
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CBN strengthens diaspora ties to boost Nigeria’s economic growth
HOUSTON (TEXAS) In a strategic move to harness the economic potential of Nigeria’s diaspora, the Central Bank of Nigeria (CBN)…
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Rising FDI signals opportunities for insurance industry – NIA Chairman
By Rukayat Adeyemi Lagos, Oct. 23, 2024 Mr. Kunle Ahmed, Chairman of the Nigerian Insurance Association (NIA), says the recent…
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Tinubu meets, thanks NIPCO executives for investments in CNG sector
President Bola Tinubu has thanked NIPCO for investing in Nigeria’s Compressed Natural Gas (CNG) sector during a meeting with the…
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Nigeria’s cross-border traders receive training to boost trade facilitation
By Rukayat Adeyemi Lagos, Oct. 22, 2024 Two hundred small-scale cross-border traders (SSCBTs) in Nigeria on Monday completed a six-week…
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President Tinubu, Nigerians Deserve Transparency on Subsidy Savings By Bukar Mohammed
President Bola Ahmed Tinubu, there is an urgency that can not be overstated— the need to show Nigerians tangible results…
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NGX: Investors gain N123bn as bullish sentiment persists
By Rukayat Adeyemi Lagos, Oct. 22, 2024 The Nigerian stock market on Tuesday sustained bullish sentiment with N123 billion added…
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Afreximbank acts as Joint Lead Manager on Ecobank Transnational Incorporated’s USD 400mn senior unsecured note issuance
CAIRO, Egypt, October 21, 2024 African Export-Import Bank (“Afreximbank”) (www.Afreximbank.com) has announced that it has successfully acted as Joint Lead…
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Cardoso restates CBN’s commitment to youth development
ABUJA The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated the Bank’s commitment to developing…
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NNPC retail sensitizes over 1,000 auto mechanics on CNG adoption, Oleum lubricant range
As part of its efforts to accelerate the adoption of Compressed Natural Gas (CNG) as a cleaner and more affordable…
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