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Business

Nigeria’s Stock Exchange

Nigeria’s Stock Exchange Records Marginal 0.05% Growth

March 14, 2024
By Dipo Olowookere The flagship stock exchange in Nigeria posted a marginal appreciation of 0.05 per cent on Thursday consumer goods and industrial goods sectors closed higher by 0.31 per cent and 0.01 per cent, respectively. Business Post reports that the Nigerian Exchange (NGX) Limited survived a scare today after investors booked profit in the banking, insurance and energy counter,
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Binance Nigeria Limited

Binance and Nigerian Law Enforcement: Partnership to Foster Responsible Growth

March 14, 2024
For Binance, complying with the applicable laws and regulations in the countries where we operate is a top priority. We proactively engage with regulators and law enforcement whenever we can contribute insight, intelligence, or expertise to help protect users, identify and prosecute criminals, or stop or prevent unlawful activity. This is the definition of collaborative security in the crypto space
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Brent Price

Brent Rises to $85 as IEA Predicts Tighter Supply Market

March 15, 2024
By Adedapo Adesanya Brent crude appreciated by $1.39 or 1.7 per cent on Thursday to sell at $85.42 per barrel, its highest level in four months, as the International Energy Agency (IEA) predicted a tighter market in 2024 and raised its view on oil demand growth this year. This also helped the US West Texas Intermediate (WTI) crude to go
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flow of naira notes

Naira Appreciates to N1,608/$1 at NAFEM, N1,605/$1 at Parallel Market

March 15, 2024
By Adedapo Adesanya The Naira appreciated against the United States Dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Thursday by 0.4 per cent or N6.96 to close at N1,608.98/$1 versus Wednesday’s closing rate of N1,615.94/$1. However, it performed badly against the British Pound Sterling during the session by N30.27 to trade at N2,066.33/£1 compared with the midweek’s value
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Licensed Tax Practitioners1

CITN Vows to Sanction Erring Licensed Tax Practitioners

March 15, 2024
By Aduragbemi Omiyale The Council of the Chartered Institute of Taxation of Nigeria (CITN) has said it would not hesitate to sanction any erring licensed tax practitioner in its bid to sanitise the profession. The president and chairman of the organisation, Mr Samuel Agbeluyi, said this at the presentation of practising licence certificates to new members. He tasked the newly
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Politics

Student Loan Scheme

Only Federal Institution Students to Access Loan from May 24

May 21, 2024
By Adedapo Adesanya The management of the Nigerian Education Loan Fund (NELFUND) has said only students in federal government-owned tertiary institutions are eligible to apply for the first phase of the student loan. NELFUND had earlier announced that the portal for the loan would be opened for application on Friday for students seeking financial assistance to pay school fees and
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Travel

Latest

Lagos Gives 14-Day Ultimatum To Street Hawkers

By Dipo Olowookere Street hawkers in Ikoyi, Victoria Island and the Lagoon Front of Lekki in Lagos State have been given two weeks to leave or risk being arrested and prosecuted by the state government. Secretary to the State Government (SSG), Mr
August 28, 2016

Rainfall: Lagos Begins Demolition Of Illegal Structures

Residents of Lagos State have been urged to remain amidst the torrential rainfall witnessed in the State on Sunday, saying that necessary steps had been taken to avert any incidence of flood disaster in the metropolis. Commissioner for Environment in Lagos State,
August 28, 2016

Jigawa To Export Goats Soon

By Dipo Olowookere The Jigawa State government has said it is targeting 18,000 women in the state for its goat multiplication farming programme. The state government said it hopes this scheme would be a good source of foreign exchange earnings for its
August 28, 2016

Ogun Model Schools Open September

By Dipo Olowookere The newly built model schools in different part of Ogun State will be open for students in September 2016, the state governor, Mr Ibikunle Amosun, has assured. A statement issued on Sunday by Senior Special Assistant (Media) to the
August 28, 2016

PHOTOS: Fashola Inspects Oyo-Ogbomosho Road Project

By Dipo Olowookere Minister of Power, Works and Housing, Mr Babatunde Fashola, on Friday visited site of an ongoing road construction in Oyo State. Mr Fashola, Business Post learnt, inspected the level of work at the Oyo-Ogbomosho Expressway following the official flag-off
August 28, 2016

Blackout Disrupts Flights At Lagos Airport

By Dipo Olowookere The News Agency of Nigeria (NAN) is reporting that flight operations at the international terminal of the Murtala Muhammed Airport (MMA), Lagos have been disrupted for two days due to power outage. General Manager, Public Affairs, Federal Airports Authority
August 28, 2016

Landslide Threatens $6b Mambilla Hydro-Power Project

By Modupe Gbadeyanka There are strong indications that the over $3.2billion Mambilla Hydro-power project may be stalled by a landslide. Apart from the landslide, another key factor that may frustrate the project initiated in Taraba State in 1982 is bad roads. The
August 28, 2016

Airtel Partners Genesis

By Dipo Olowookere One of the top telecommunications services provider in Nigeria, Airtel, has announced a partnership agreement with Genesis (www.gen.tech), a leading global mobile Internet company, to provide customers on its network with an amazing opportunity to access and surf on
August 28, 2016

Agriculture To Get More Funding In 2017—Buhari

By Modupe Gbadeyanka President Muhammadu Buhari has promised to give more attention to agriculture next year in line with his economic diversification plan. Mr Buhari stated that his administration will do this by sustaining concrete measures by devoting more resources to the
August 28, 2016
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