Zoho Users Hit 100 Million

By Modupe Gbadeyanka A key suspect in the Dangote Cement price slash scam, Mr Benjamin Ezeukwe, has been arraigned in court by the police in Lagos State. A statement issued by the spokesman of the Lagos Command of the Nigeria Police Force (NPF), Mr Benjamin Hundeyin, disclosed that the accused person was taken to court for prosecution after he was arrested in Rivers State. The Police Public Relations Officer, who is a Superintendent of Police (SP), disclosed that Mr Ezeukwe was picked up by police operatives on Thursday, October 19, 2023, in the Rumuolumeni area of Obio/Akpor local government area

By Bliss Okperan The Governor of Ogun State, Mr Dapo Abiodun, has asked Nigerians to give President Bola Tinubu more time, saying he has performed well in office since taking over on May 29, 2023, noting that he inherited an almost comatose economy from former President Muhammadu Buhari. “The President Tinubu-led administration has been very bold and audacious. They’ve taken the bull by the horns. They’ve done what no government has done in the history of Nigeria,” Mr Abiodun said during an interview on Channels Television’s Sunday Politics show. Recall that a few days ago on Channels TV, the Governor

By Bliss Okperan The Minister of FCT, Mr Nyesom Wike, has been advised to extend an olive branch to the Governor of Rivers State, Mr Siminialayi Fubara. The Minister, who handed over the reins of Rivers State to Mr Fubara, has been at loggerheads with his successor. A few weeks ago, some lawmakers of the Rivers State House of Assembly loyal to Mr Wike attempted to impeach the Governor, but President Bola Tinubu quickly intervened and doused the tension. However, all is still not well with both parties, with the Minister granting an interview last week to accuse his ‘political

By Adedapo Adesanya Brent crude rose to its highest level since March as a third promising coronavirus vaccine raised hope for fuel demand recovery and pushed the value higher on Tuesday by $1.76 or 3.82 per cent to sell at $47.82 per barrel. The possibility of having a vaccine next year also boosted the price of the United States’ West Texas Intermediate (WTI) crude yesterday by $1.75 or 4.05 per cent to trade at $44.81 per barrel. The coronavirus pandemic, coupled with the collapse of a supply output cut deal, sent prices crashing in March. The pact led by the

By Adedapo Adesanya The NASD Over-the-Counter (OTC) was returned to the bearish zone on Thursday as negative price movements from FrieslandCampina WAMCO Nigeria Plc and Central Securities Clearing Systems (CSCS) Plc dragged the bourse down by 0.22 per cent. The milk producer closed the session at N118.00 per share compared with the previous day’s closing price of N119.00 per share, indicating a decline of N1 or 0.9 per cent, while the Nigerian depository company lost 9 kobo or 5.4 per cent to sell at N18.38 per unit in contrast to the previous closing price of N19.38 per unit. The losses

By Dipo Olowookere A contemporary lifestyle retail group in Nigeria, The Style Group, is leapfrogging the brick-and-mortar sales of fashion, accessories and design services and instead focuses on offering them via modern social media commerce. In the booming social media and e-commerce market of Nigeria, The Style Group’s model is a hit and reaching thousands of Nigerians eager to shop online. With great success and a 50 percent month on month sales increase achieved in the run-up to Valentine’s Day 2017, The Style Group is currently reaching out to international and local suppliers as well as brands using its platforms

By Aduragbemi Omiyale The request made by CWG for an extension for its free float compliance has been granted by the Nigerian Exchange (NGX) Regulation Limited. Regco is the regulatory arm of the NGX Group Plc. It is saddled with the responsibility of ensuring companies listed on the NGX Limited adhere to listing rules. For a company to be allowed to trade its stocks on the bourse, it is required to ensure 20 per cent of its shares are in the hands of the investing public, particularly those not on its board. But for CWG, it falls short of this

By Adedapo Adesanya  The Naira depreciated by N3 against the United States Dollar at the parallel market on Tuesday, selling at N363/$1 after trading at N360/$1 on Monday. In recent times, there have been rumours that the local currency would eventually be devalued due to the global economic crisis caused by the outbreak of coronavirus also known as COVID-19. This had led to some people mopping up forex in preparation of the unknown. At the black market, the Nigerian currency also lost N3 against the British Pound Sterling on Tuesday, trading at N475/£1 compared with N472/£1 it recorded on Monday.

By Investors Hub The major U.S. index futures are currently pointing to a lower opening on Friday, with stocks likely to move back to the downside after trending higher in recent sessions. Rising tensions in Hong Kong may weigh on Wall Street amid concerns widespread protests could impact the ability of the U.S. and China to reach a phase on trade deal. Traders may also look to take some profits after the upward trend see over the past several sessions lifted the major averages to new record highs. However, the markets have recently shown a resistance to giving back much

By Modupe Gbadeyanka All is now set for the 7th Remittance and Payment Expo, which starts on Tuesday, October 23, 2018, at the Lagos Oriental Hotel, Nigeria, will end on Wednesday, October 24, 2018. According to the organisers, the headline theme of this year’s programme is Unlocking Opportunities in Money Transfer and Payment systems in Africa. Business Post gathered that the two-day expo will feature inspiring presentations, interactive sessions and networking opportunities with more than 24 thought leaders covering eight sessions, 24+ hours of advanced content, networking and more than 250+ official delegates. Notable companies expected to showcase their products

By Ashemiriogwa Emmanuel The federal government said it expects to generate N1.1 million daily from the newly inaugurated farm estate in Yobe State, with about 150 job opportunities for youths in the state. The Executive Secretary of the National Agricultural Land Development Authority (NALDA), Mr Paul Ikonne, while speaking at the commissioning of the facility over the weekend, said about N400 million is expected to the raked from the birds’ segment yearly. According to him, this aligns with the mandate of President Muhammadu Buhari to make agriculture attractive for youths in order to make the nation consume what is produced