Business Explorer

Wale Adenuga was honored at the Humour Awards.

Mr. Wale Adenuga Productions (WAP) Chairman and Chief Executive Officer. Wale Adenuga was inducted into the Comedy Hall of Fame on January 15, 2023 at the 2nd Annual Eko Hotels Humour Awards. He was also recognized for his great contribution to the development of the Nigerian comedy industry at a prestigious event honoring other important figures in Nigerian comedy. including Nkem Ovoh (Osuofia)…
Read more
BankingEconomy

FG Extends Digital Money Lender Registration Deadline

The federal government has extended the registration deadline for DML, a digital money lender. The federal government has extended the registration deadline for Digital Money Lenders, DML. This was included in a statement released Friday by Federal Competition and Consumer Protection Commission (FCCPC) Senior Vice President/CEO Babatunde Irukera. The committee stated that this announcement was…
Read more
Market

The stock market closed this week at 52 billion naira.

The Nigerian Exchange Ltd closed negative due to buy-interests and sell-offs in large and small capitalised stocks. Also, the market capitalisation dropped by N52 billion to close at N28.681 trillion as against N28.733 trillion posted at the previous trading. The downturn performance was mainly due to sell-offs in the MTNN stocks. The All-share Index depreciated by 95.08 points or 0.18 per…
Read more
Business Explorer

The European Union is providing humanitarian assistance to Nigeria and other countries in the amount of 102.5 million euros.

The European Union said that Nigeria and other countries in the Lake Chad region will receive €102.5 million in humanitarian aid. Niger, Chad and Cameroon are other countries on the top European bloc humanitarian aid list. The European Union (EU) made these commitments at its third Lake Chad summit in Niamey on Monday and Tuesday. The purpose of the meeting is to secure inter-regional agreements…
Read more