First Edition of the Tastemakers Wine Series Hosted by Vendease

Market

Osinbajo commissioned the NSIA to develop a plan for the carbon market.

Vice President Yemi Osinbajo, on Tuesday, in Abuja, directed the Nigeria Sovereign Investment Authority to develop the country’s first carbon market activation plan and drive engagement on the plan. He also argued that Africa could become the first truly green civilisation given its status as the lowest carbon emitter and its relatively young population that could effectively deploy green…
Read more
Banking

The UBA Foundation empowers women in technology.

UBA Foundation, the corporate social responsibility arm of United Bank for Africa Plc, says it has joined the rest of the world to celebrate women in the month of March, with various activities aimed at empowering young women and promoting gender equality. Specifically, the…
Banking

Full List of Approved Loan Applications in Nigeria

No fewer than 173 digital lending applications have been approved to operate in Nigeria by the Federal Competition and Consumer Protection Commission. The 173 loan apps, only 119 have full approvals while 54 currently have conditional approvals while it bars illegal online…
Energy

Shareholders protested Oando's delisting and share buyback plan.

Some shareholders have expressed concerns over Oando Plc’s plan to delist from the capital market and acquire the shares of minority shareholders. Oando in a corporate notice on Thursday informed the Nigerian Exchange Limited of its latest plans. The company’s core investor, Ocean and Oil Development Partners Limited, proposed to acquire the shares of its minority shareholders at the rate of…
Read more
Aviation

FG to demolish Lagos airport jet hangars

Barring any last-minute change of heart, the Federal Government will in the next one or two weeks begin the demolition of multibillion-naira private jet hangars located at the Murtala Muhammed International Lagos. The Federal Government said the hangars were obstructing the efficient use of the international wing airport and there was a need to demolish them to pave the way for the expansion of…
Read more
Markets

NSIA grows net assets by 10% to N1tn

The manager of Nigeria’s sovereign wealth fund, the Nigeria Sovereign Investment Authority, grew its net assets by 10 per cent from N919.73bn in 2021 to N1.02tn in the 2022 financial year. This was disclosed in its audited results for the 2022 financial year, which was…
Market

Nigeria-Pakistan expands trade

The Minister of Aviation, Hadi Sirika, has agreed to lead a delegation saddled with the responsibility of improving bilateral trade and collaboration between Nigeria and Pakistan. Sirika accepted this offer when a team from the Africa Center for Asia Studies, International…
Banking

Nigeria and other countries need massive investment - World Bank

World Bank has said  developing counties including Nigeria have huge investment needs due to their inadequate infrastructure and other challenges. As such, the Washington-based lender called on policymakers to create an environment conducive for investment and devoid of corruption. The World Bank Group President, David Malpass, said these on Thursday in Niamey, Niger Republic as he delivered a…
Read more