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Business

petrol pump price

Average Price of Petrol Further Drops to N164.85/L

October 20, 2021
By Ashemiriogwa Emmanuel The average cost of buying a litre of Premium Motor Spirit (PMS) or petrol in Nigeria went down by 0.04 per cent to N164.85 in September from N164.91 in August 2021, a report from the National Bureau of Statistics (NBS) has revealed. However, this is 2.36 per cent year-on-year higher than the N161.06/litre it was sold at
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NSIA Insurance

NSIA Insurance Introduces Products to Boost Wealth Preservation

October 20, 2021
By Adedapo Adesanya NSIA Insurance Limited is poised to satisfy its customers’ needs through five new life innovative products that are in line with its commitment to create, protect and preserve wealth. According to the Managing Director/CEO of NSIA Insurance Limited, Mrs Ebelechukwu Nwachukwu, the new insurance policies have been approved by the National Insurance Commission (NAICOM). She said, “We
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Anzisha Prize Applications Open Four Nigerian Entrepreneurs

Four Nigerian Entrepreneurs, Others for 2021 Anzisha Prize

October 20, 2021
By Ashemiriogwa Emanuel Four Nigerian entrepreneurs are among the 26 African business owners selected for the Anzisha Prize Fellowships 2021. They will receive $5,000 each and over $15,000 worth of venture building support services over a three-year period. The lucky Nigerian entrepreneurs, who are between the ages of 18 and 22 years, are Mr Eneyi Oshi, the 19-year-old founder of
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Market Data Workshop

2021 NGX Market Data Workshop Gathers Momentum

October 20, 2021
By Aduragbemi Omiyale Capital market professionals like data scientists, quantitative analysts, risk managers and portfolio managers, who use the Nigerian Exchange (NGX) Limited market data daily for portfolio and risk management are gearing up for the sixth edition of its virtual Market Data Workshop. A statement issued by the exchange disclosed that the event is slated for Wednesday, November 3,
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Turkish Erdogan with nigerian Buhari

Turkey Sees Bilateral Trade Volume with Nigeria Expanding to $5bn

October 20, 2021
By Adedapo Adesanya The Government of Turkey has said its bilateral trade volume with Nigeria will jump to $5 billion as it seeks to further boost socio-economic ties between the two countries. This was disclosed by the President of the country, Mr Recep Tayyip Erdogan, at the end of a closed-door bilateral meeting with President Muhammadu Buhari at the State
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Politics

Jim Ovia Nigerian Education Loan Fund

Jim Ovia to Chair Nigerian Education Loan Fund Board

April 27, 2024
By Modupe Gbadeyanka The Chairman of Zenith Bank Plc, Mr Jim Ovia, has been appointed by President Bola Tinubu to chair the Nigerian Education Loan Fund (NELFUND) board. The veteran banker is expected by Mr Tinubu to “bring his immense wealth of experience and professional stature to this role to advance the all-important vision of ensuring that no Nigerian student
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Travel

Latest

COSON, GEM to Educate Nigerians on Intellectual Property

By Dipo Olowookere In a bid to properly educate and enlighten the Nigerian populace and the entertainment industry in particular, the Growth and Empowerment Project (GEM), funded by the World Bank and domiciled in the Federal Ministry of Industry, Trade and Investment,
August 11, 2018
Kennedy Uzoka UBA Shareholders

UBA Begins Saturday Banking Operations

By Dipo Olowookere In other to serve its numerous customers better, pan-African financial institution, United Bank for Africa (UBA) Plc has announced opening for business on Saturdays. In a notice to its customers on Friday, the lender, however, disclosed that banking operations
August 11, 2018
FGN Bond prices OTC Market

Renewed Selloffs Crash FGN Bond Prices

By Cowry Asset In the just concluded week, FGN bonds traded at the over-the-counter (OTC) segment depreciated in value for most maturities tracked on renewed sell pressure as political risk continued to weigh on the market: the 20-year, 10 percent FGN JULY
August 11, 2018
naira depreciate

Naira Gains 0.2% at I&E as Turnover Rises to $738b

By Cowry Asset In the just concluded week, the Nigerian Naira appreciated week-on-week (w-o-w) against the US Dollar at the Investors & Exporters Forex Window (I&E FXW) by 0.18 percent to close at N362 amid 51.54 percent w-o-w increase in turnover to
August 11, 2018

Zenith Bank to Build 100-Capacity ICT Centre in Niger State

By Dipo Olowookere A Memorandum of Understanding (MoU) has been signed between the Niger State government and Zenith Bank Plc for the setting up of a 100-capacity Information and Communications Technology (ICT) centre in the northern state of Nigeria. Niger State Governor,
August 11, 2018
naira depreciate

Naira Loses 0.03% at I&E FX Window to Trade at N362.19/$

By Modupe Gbadeyanka The local currency suffered a marginal loss of 0.03 percent at the Investors and Exporters (I&E) foreign exchange segment on Thursday. The Nigerian Naira, at the close of transactions yesterday, depreciated by 11 kobo against the Dollar to close
August 10, 2018

Ettah Resigns as Chairman of CAP Plc

By Modupe Gbadeyanka Brilliant Industrial Chemist, Mr Larry Ettah, has resigned from his position as Chairman, Board of Directors of Chemical and Allied Products (CAP) Plc. A statement issued by the firm by the Company Secretary, Mrs Rose Hamis, disclosed that Mr
August 10, 2018
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