The Federal Government has listed its April 2023 Savings Bonds worth ₦1.08bn on the Nigerian Exchange Limited.
This was disclosed by the NGX in its weekly report on activities on the exchange.
The bonds include 436,012 units of ₦436,012,000.00 at 10.032 per cent interest…
The Minister of State for Budget and National Planning, Clem Agba, has disclosed the Federal Government commenced some priority actions in 2022 in order to make food systems more sustainable.
He disclosed this in Abuja during the inauguration of a 20-man steering committee…
A telecommunications company, 9mobile, on Tuesday, said it has invested N70 billion in its ongoing network modernisation.
The Chief Executive Officer of 9mobile, Juergen Peschel, in a statement, during its annual Channel Partners Conference held recently in Lagos said additional 600 new sites, equipped with 4G LTE facilities would be deployed alongside the new broadband services to enlarge its…
Global fintech brand, Unlimint, is set to launch its operations in Nigeria, after receiving its Payment Solution Service Provider (PSSP) License from the Central Bank of Nigeria.
The PSSP authorises Unlimint to operate as a recognised payment service provider in the…
The founder of Chinese tech giant, Alibaba, Jack Ma has been made an honorary professor of business at a top Hong Kong university, the school announced Friday.
The appointment comes weeks afer the billionaire made a rare public appearance in China following his fall from…
The South-West chairman, Rev. Oluleye Gideon, made the plea at a joint news conference in Ibadan, saying that the recent new naira redesign and other government programmes had adversely affected his members.
Gideon said that the CBN’s policy had also brought about untold hardship to the farmers and their investments, as a result of which he said they had lost several billions of naira
The…
The policy of dormant CBN accounts has raised concerns in the banking sector.
April 21, 2023
Banks and their customers have raised concerns over the Central Bank of Nigeria’s proposed plan to mop up funds from dormant accounts. While the proposal is not new, stakeholders argue that it could potentially have unintended consequences on the banking sector, reports…
With 5.5% Stake, Femi Otedola Emerges Transcorp’s Largest Individual Shareholder
Billionaire businessman, Mr. Femi Otedola has emerged largest single individual shareholder in Transnational Corporation Plc (Transcorp), a publicly traded diversified conglomerate chaired…
Sports brand, adidas, has opened a flagship store in Lagos State, Nigeria; its largest and first-of-its-kind store in West Africa.
In a statement issued by the sports brand, adidas revealed that Lagos Flagship is the fourth adidas store to open in partnership with BrandCo in Nigeria. It stated that the flagship store would provide an immersive and community-driven shopping experience for exclusive…