The stock market started the new month with a fourth straight gain as the market reached 142 billion naira on Wednesday at the bottom of the Nigerian stock exchange.
The Jeonju Index closed at 53,499.68 points, up 261.01 points and 0.49% from the previous trading day.
Thus, investors acquired a value of 142 billion naira as the market capitalization increased to 29 trillion.
The rally was fueled…
Nigerian state oil company Gas Marketing Limited opened a gas distribution office in Ikeja, Lagos on Monday.
Built by Tilt Energy Limited, the facility includes multiple offices, including conference rooms, reception areas, waiting rooms, and a truck loading station to…
According to KUDA, customers' money is safe in case of problems with the application.
February 1, 2023
Neo bank, Kuda, has allayed the fears of its customers who have been unable to access their money since Tuesday owing to glitches on its app.
The bank said the customers’ money was safe and it was working on fixing the issue with the app, adding that customers would be…
International Credit Ratings Agency Downgrades Credit Ratings of 9 Nigerian Banks.
February 1, 2023
An international rating agency, Moody’s Investors Service, has downgraded nine Nigerian banks following its downward review of Nigeria’s rating last week.
The downgraded banks include: Access Bank Plc, Zenith Bank Plc, First Bank of Nigeria Limited, United Bank for Africa Plc, Guaranty Trust Bank Limited, Union Bank of Nigeria plc, Fidelity Bank Plc, First City Monument Bank Limited, and…
The National Cotton Association of Nigeria (NACOTAN) has called on NEXIM Bank to ensure cotton grower’s benefit from the bank’s financial intervention.
NACOTHAN made the call in a communiqué signed by the Chairman, Conference Organising Committee, Felix Egbamuno in…
Flutterwave is redesigning money transfer, virtual card service platforms and barter.
February 1, 2023
Flutterwave, Africa’s leading fintech company, has announced plans to revise one of its retail offerings, Barter. This product provides customers with money transfer and virtual card services. The client informed us via email of Flutterwave’s decision to make the…
The federal government has approved the registration of the Nigerian Transport Workers Union as a union based on an application.
This statement is contained in a letter provided to AATWN by the Federal Department of Labor and Employment, Department of Trade Union Services and Industrial Relations.
“I refer to your statement of April 27, 2021 under section 3 of the Trade Union Act (GAG). T14 The…
The federal government has announced funding for the second semester of the National School Pet Feeding Program. However, the amount of the payment was not disclosed, but the federal government has said the funds for the first feeding cycle in 2023 will go to…
President Muhammadu Buhari approved the appointment of Mr. Olusegun Awolowo has been appointed Secretary of the African Continental Free Trade Association (AfCFTA) National Action Committee for a four-year term starting December 19, 2022. This endorsement has been granted to…
Co-working space provider, Regus Nigeria, has said the availability of workspaces would aid productivity.
Speaking at the unveiling of its eighth co-working space office in Lagos, Executive Vice Chairman, Regus Nigeria, Mr Ayo Akinmade, explained that access to funding had become a challenge for some businesses, thereby, creating a barrier for those looking to obtain contracted office space.
Regus…