Business
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Business
Manufacturing, transport sectors top major drivers of N41trn Lagos economy
…as Sanwo-Olu seeks OPS collaboration, assures the enabling environment ….Lagos, world 19 best city to visit in 2024-UK Mag …sets…
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Business
UBA’s GMD appointed Chairman, CIBN Body of Banks’ CEOs
Group Managing Director/Chief Executive Officer, United Bank for Africa, (UBA) Plc, Oliver Alawuba has been appointed as the Chairman of…
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Business
Banks’ borrowing from CBN skyrockets by 458% to N57.5trn
Banks’ borrowings from the Central Bank of Nigeria, CBN, Standing Lending Facility, SLF, increased Year-on-Year, YoY, by 458.2 percent to N57.5…
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Business
World Bank appoints new country director for Nigeria
The World Bank yesterday appointed Dr. Ndiamé Diop as new Country Director for Nigeria. The bank in a statement said: “The…
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Business
Zenith Bank wins ‘Best Commercial Bank in Nigeria’ and ‘Best Corporate Governance’ awards
Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2024, retaining the award…
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Business
GTCO set to float N400bn public offer, targets acquisition
Guaranty Trust Holding Company, GTCO Plc, has concluded arrangement to raise N400 billion fresh capital in pursuit of the Central Bank…
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Business
Foreign investments in manufacturing down 57.4% to N192bn in Q1’24
In apparent reflection of the harsh business environment in Nigeria over the past year, the inflow of foreign investments into the…
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Business
Crypto traders to start paying 7.5% VAT July 8
Cryptocurrency traders in Nigeria will start paying 7.5 percent value-added tax (VAT) with effect from July 8, 2024. A cryptocurrency platform,…
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Business
Jumia integrates Sprinklr’s AI-powered platform to boost customer experience
Jumia, an e-commerce platform, has integrated Sprinklr’s AI-Powered Unified customers experience management platform to improve customer experience across 11 African countries. The…
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News
Naira depreciates to N1, 520/$ in parallel market
The Naira yesterday depreciated in the parallel market to N1,520 per dollar from N1,515 per dollar on Tuesday. Similarly, the…
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