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Business

onions at Lagos Markets

Stakeholders Pledge Quality Market for Locally Produced Onion Species

October 22, 2021
By Adedapo Adesanya National Onion Producers, Processors and Marketers Association of Nigeria (NOPPMAN) has pledged to stimulate quality production and profitable market for all the commodity stakeholders in West Africa. This was disclosed by the President of the association, Mr Aliyu Maitasamu in Abuja, who further said the group was ready to build members’ capacities in good agronomic practices for
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Coupon Rates

DMO Increases Coupon Rates of 10-year, 20-year, 30-year Bonds

October 22, 2021
By Ashemiriogwa Emmanuel The coupon rates of the three bonds offered for sale by the Debt Management Office (DMO) at the last primary market auction (PMA), Wednesday, October 20, 2021, was raised, Business Post reports. High net-worth individuals (HNIs) and institutional investors who participated in the exercise got more than they might have bargained for as the debt office hopes
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Investment in Rubber

Producers Advocate Investment in Rubber for Economic Growth

October 22, 2021
By Sodeinde Temidayo David A group of rubber producers in Nigeria has called for a massive investment in the rubber industry because it has the potential to propel economic growth. They described the sector as white gold, though it presently needs attention and investment, especially from the federal government. The National President of the National Rubber Producers, Processors and Marketers
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Price of Diesel

Price of Diesel Rises 0.17% in One Month

October 22, 2021
By Sodeinde Temidayo David The average price of a litre of Automotive Gas Oil (AGO), otherwise known as diesel increased by 0.17 per cent in Nigeria to N254.64 in September 2021 from N254.21 in August 2021. This was revealed by the National Bureau of Statistics (NBS) in its latest report analysed by Business Post. On a year-on-year basis, the average
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Finance Minister Zainab Ahmed

Finance Minister Insists Nigeria Does Not Have Debt Problem

October 23, 2021
By Modupe Gbadeyanka The federal government has reiterated its determination to keep the debts of Nigeria within sustainable levels so as not to put the nation into trouble in the short, mid and long term. This assurance was given by the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed at the International Monetary Fund (IMF)-World Bank Annual Meetings
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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

Obaseki to Investigate Illegal Ticketing at Edo Markets

By Modupe Gbadeyanka Governor Godwin Obaseki of Edo State has assured traders in Ekiosa Market located in Oredo Local Government Area of the state of his administration’s commitment to revamp markets across the state. Mr Obaseki gave this assurance during a tour
August 8, 2018

Invictus Secures $25.5m Debt Financing from ATB Financial

By Modupe Gbadeyanka Global cannabis company, Invictus MD Strategies Corporation, has signed a commitment letter for a $25.5 million debt financing arrangement with an interest rate at prime plus 2 percent per annum with ATB Financial (ATB). The funding package is to
August 8, 2018
GTBank Branch

GTBank Delivers Strong H1 Performance, Declares N110b PBT

By Modupe Gbadeyanka Tier-1 lender, Guaranty Trust Bank (GTBank) Plc on Wednesday released its audited financial results for the period ended June 30, 2018 to the Nigerian and London Stock Exchanges. A review of the results showed positive performance across all financial
August 8, 2018

Thinks to Know Before Joining Startup Accelerator

By Damilola Faustino Over the past few years, awareness of startup accelerator programs like Y-Combinator and 500 Startups among others has skyrocketed. Typically, startup accelerators periodically select a batch of companies, usually in the same early stages of their lifecycle. In return for a small portion
August 8, 2018

Easy Tips For Changing Your Flight Ticket

By Adeniyi Ogunfowoke Flying is an exciting experience. You simply buy your ticket, advance to the airport as early as possible and then you board at the appropriate time. However, things do not go always go the way you plan. Your schedule
August 8, 2018
Ecobank Fintech Challenge

Finalists Emerge in Ecobank Fintech Challenge 2018

By Olubori Oduntan Leading independent pan-African banking group, Ecobank, has announced the finalists for the 2nd edition of the annual Ecobank Fintech Challenge, a competition for Africa-focused technology start-ups. A statement issued by the lender disclosed that the list includes 11 fintech
August 8, 2018
NUEE protest at Ikeja Electric

Darkness Looms as NUEE Disrupts Activities at Ikeja Electric

By Olubori Oduntan Operations at the headquarters of Ikeja Electric Plc were shut down by some protesting members of the National Union of Electricity Employees (NUEE) on Wednesday morning. Business Post gathered that the demonstrating workers were picketing Ikeja Electric over the
August 8, 2018

FG Assures Miners Friendlier Environment to Boost Sector

**Donates Operational Vehicle By Olubori Oduntan On Monday, August 6, 2018, in continuation of the effective collaboration that underlines the relationship between the federal government and the Miners Association of Nigeria (MAN), the Ministry of Mines and Steel Development donated a brand
August 8, 2018
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