Business

  Professor Umar Garba Danbatta, Executive Vice Chairman, Nigerian Communications Commission (NCC). Photo: FACEBOOK/NCC The Nigerian Communications Commission (NCC) disclosed that a major key achievement of some of the policies initiated by it, especially as it relates to local content development, is the ban on the importation of whole-body subscriber …

By Peter Egwuatu Amidst the lingering crises in Nigeria’s foreign exchange market, the Chief Executive Officer, Nigerian Exchange Limited (NGX), Temi Popoola, has stated that dollar asset listings can address the challenges. Commending the federal government’s forex reforms in an interview with Bloomberg yesterday, Popoola noted that the Exchange features a …

According to HEDA, in a statement issued by its Chairman, Olanrewaju Suraju on Wednesday, the request pertains to the recent acquisition of a $3 billion emergency crude oil repayment loan. The Human and Environmental Development Agenda (HEDA Resource Centre), a non-profit organisation that seeks to champion transparency, accountability, and robust …

Undoubtedly, women’s empowerment has emerged as a potent catalyst, igniting positive change and reshaping the narrative surrounding women’s roles in society. This transformative shift has revolutionised the lives and contributions of women, enabling them to unleash their full potential in fostering societal growth, nurturing thriving economies, and creating sustainable livelihoods. …

• Says it enabled over $1bn third party investments The Managing Director & Chief Executive Office, Nigeria Sovereign Investment Authority (NSIA), Mr Aminu Umar-Sadiq, has disclosed that the Authority has committed $500 million to domestic infrastructure, whilst also enabling third party investments of over $1 billion. He said this at …

UBA to Host Business Series on Financial Fitness As part of its commitment to support the growth and sustainability of Micro, Small and Medium-scale Enterprises (MSME) on the continent, Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to organise another edition of its UBA Business Series. The …

FBNHoldings (FBNH), the parent company of Nigeria’s pioneer Bank, First Bank of Nigeria Limited published stellar results, confounding analysts, and exciting investors. Equally as amazing as the spectacular results, which saw earnings per share surge by 234% to N5.19 was the fact that the banking behemoth was able to eke …

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC and a renowned financial institution in Nigeria, has recently concluded a series of highly successful market storm events. The remarkable events drew an impressive turnout of more than 5,000 individuals, including entrepreneurs and local businesses. The participants who gathered …

Managing Director/Chief Executive Officer, Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe has called on the Nigeria Electronic Fraud Forum, NeFF to come with solutions to the challenges posed by electronic fraud to financial system. According to a report published in Vanguard Newspaper, she made this call in Lagos while speaking at …

The incoming Minister of Justice and Attorney General of the Federation, Lateef Fagbemi SAN, has asked the President of the Nigerian Bar Association (NBA), Mr. Yakubu Chonoko Maikyau, SAN, to recommend areas that require reforms and improvement in the judiciary. Fagbemi made the call when he received the NBA leadership …