LMC Calls for Calm, Seeks Resolution with FG, NFF

Female cruiserweight boxer, Bolatito ‘Black Tito’ Oluwole, has declared that her ultimate aim at GOtv Boxing Night 29 is to be the first female winner of the best boxer prize. The overall best boxer on the night will take home the Mojisola Ogunsanya Memorial Trophy and N1m cash prize. Black Tito will face Celina ‘Pretty Assassin’ Agwu, in a national cruiserweight title challenge bout at the Molade Okoya-Thomas Indoor Sports Hall of  Teslim Balogun Stadium, Lagos on September 24. The bout is one of the six lined up for the night. “My ultimate aim on the night is to make

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By Adedapo Adesanya Nigeria emerged as the overall champion of the 2023 International Table Tennis Federation (ITTF) African Para Championships, which ended on Saturday, September 23, 2023, in Giza, Egypt. The country went away with 12 gold medals to dethrone Egypt as the new para table tennis champion in Africa. The three-day tournament had hosts – Egypt – Algeria, Nigeria, Mauritius, Cameroon, South Africa, Kenya, and Cote d’Ivoire competing in the singles, doubles, and mixed doubles events. However, Nigeria dominated as the continent’s champions by leading the singles event to pick up most of the tickets to the Paris 2024

By Modupe Gbadeyanka Regional Director for Sage West Africa, Magnus Nmonwu, has submitted that both Federal and State Governments in Nigeria can enhance tax compliance by encouraging businesses of all sizes to use technology to streamline capturing of transactions and automate payroll calculations. Mr Nmonwu noted that recent comments from the International Monetary Fund (IMF) around Nigeria’s low tax-to-GDP ratio highlight the importance of driving higher levels of payroll and accounting automation among the country’s businesses, especially small, micro and medium-sized enterprises. The IMF had warned that Nigerian governments’ ability to effectively finance infrastructure and services is constrained by low

By Modupe Gbadeyanka Tech giant, Facebook, is returning as the headline sponsor of TechCrunch Startup Battlefield Africa 2018, the organisers have said. The event is taking place in Lagos and will be used to search for Sub-Saharan Africa’s best innovators, makers and technical entrepreneurs. Facebook is throwing its weight behind the programme in line with its commitment to growing Africa’s technology start-up ecosystem and its passion for developing diverse and young talents on the continent. TechCrunch Startup Battlefield Africa sees start-ups compete across three categories: social good; productivity and utility; and gaming and entertainment. It profiles the founders and entrepreneurs

By Modupe Gbadeyanka On Wednesday, September 23, 2020, the Debt Management Office (DMO) will auction bonds worth N150 billion to investors. Already, feelers from the debt market showed that traders are gearing up for this and as it has happened in the previous exercises, the debt instruments are expected to be oversubscribed. At tomorrow’s bond sale, the managers of Nigeria’s debt profile will be offering N150 billion papers across four tenors; 10 years, 15 years, 25 years and 30 years, all re-opening. For the 10-year 12.50% FGN JAN 2026 instrument, the DMO is offering N25 billion, while for the 15-year

By Dipo Olowookere The Nigerian Exchange (NGX) Limited depreciated on Thursday by 1.77 per cent on the back of profit-taking in the shares of UPDC, Dangote Cement and 13 others. The duo lost 10.00 per cent each yesterday to close at N9.00 and N252.00 respectively, while Neimeth went down by 6.86 per cent to N1.63, May & Baker dropped 6.46 per cent to N4.20 and Pharma Deko fell by 5.21 per cent to finish at N2.00. It was observed that the market breadth closed positive during the session with 22 price gainers led by Skyway Aviation, which grew by 9.66

By Modupe Gbadeyanka The new pricing methodology and par value rules have triggered excitement among stakeholders in the Nigerian capital market. The new pricing method took effect from Monday, January 29, 2018. It was put in place to improve liquidity, narrow spreads and ensure that all price-improving transactions had material impact. Analysts say the new policies will support more efficient price discovery and liquidity improvement on the exchange. With the new price method, the price floor for stocks listed on the Nigerian Stock Exchange (NSE) now stands at N0.01 from a previous floor of N0.50 per share. In addition, the

By Investors Hub Most Asian stocks fell on Wednesday as bond yields tumbled, metals prices plunged sharply, oil eased on supply worries and the Japanese yen gained ground on Middle East concerns as well as worries over a possible U.S. government shutdown. Chinese stocks fell after a senior researcher at the People’s Bank of China urged central banks to tighten monetary policies. The benchmark Shanghai Composite Index dropped 9.55 points or 0.3 percent to 3,293.13, while Hong Kong’s Hang Seng Index plunged 618.00 points or 2.1 percent to 28,224.80. Japanese shares fell sharply as geopolitical worries and concerns over a

By Nneka Okumazie If money is always the most important thing to an individual, or oftentimes the leading purpose, whatever the individual does would often make a negligible difference. This, applicable to groups as well, shows the risk with money-as-everything that has become a dominant force in society. Yes, currency keeps a good balance of general life, necessity and production, but currency is not that worth it to become central to how all decisions are made. There are many across societies, who in their own right have great diligence, but often for currency optimization. This makes them space holders in

By Ahmed Rahma For the second straight time, Zedcrest Group has been declared the winner of the Diversified Financial Services Group of the year award. The new-age financial solutions powerhouse retained this award at the just-concluded BusinessDay Banks & Other Financial Institutions (BAFI) Awards in Lagos. The management and staff of Zedcrest were congratulated for their devotion towards building inter-connected financial solutions across Africa by the publisher of BusinessDay, Mr Frank Aigbogun, during the presentation of the award to the company. BAFI Awards identify and celebrate the financial institutions and leaders that have excelled across many areas, including financial performance,