Sun. Mar 26th, 2023

Business Today

AXA Mansard, a member of AXA, a global insurance and asset management firm, has empowered over 100 young female entrepreneurs with digital marketing skills in Lagos. It said in a statement that this was part of its continued effort to increase opportunities for women, accelerate their participation in economic activities and encourage digital equity. The


Read More
... Read More

FOR Nigerians, another tantalising opportunity to change the country’s trajectory beckons with the rescheduled state governorship and houses of assembly elections holding tomorrow nationwide. Although many voters were disappointed by the chaotic incidents and malpractices that marred the Presidential/National Assembly elections on February 25, they should not give up. Democracy thrives on mass participation and


Read More
... Read More

The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has urged the governors of Central Banks and other African financial sector regulators to be more vigilant in their regulatory and supervisory roles to forestall any run on banks in their respective jurisdictions. A statement from CBN said, Emefiele gave the charge on Wednesday


Read More
... Read More

Eroton Exploration and Production Company Limited, on Wednesday, insisted that it remained the operator of OML-18 in line with the provisions of the Joint Operating Agreement. It was recently reported that the non-operating joint venture partners of Oil Mining Lease 18 had appointed NNPC Eighteen Operating Limited as operator of OML 18 to replace Eroton


Read More
... Read More

The consumption of Premium Motor Spirit, popularly called petrol, has risen to about 80 million litres daily, pushing up subsidy on the commodity to an estimated N484bn monthly, going by latest figures from the Nigerian National Petroleum Company Limited. An analysis of PMS weekly evacuation/dispatch data from March 4 – 10, 2023, obtained from NNPCL


Read More
... Read More

In the wake of failing electronic transactions, the Nigerian Communications Commission has stated that the country’s telecommunication networks can absorb the surge in the demand for cashless transactions that have been recorded since late 2022. The Executive Vice Chairman, NCC, Prof. Umar Danbatta, disclosed this during an event to commemorate the ‘2023 World Consumer Rights


Read More
... Read More

Headline inflation rose to 21.91 per cent in February amid a naira redesign policy that was meant to mop up cash and curb excess currency in circulation. According to the Organised Private Sector in the country, the Central Bank of Nigeria’s naira redesign policy has contributed to a naira crisis that has driven inflation to


Read More
... Read More

Governor Ifeanyi Okowa of Delta State says he has no regret for establishing three universities in the state. Okowa stated this on Monday in Asaba while replying to his critic, the Deputy Senate President, Senator Ovie Omo-Agege on the establishment of the universities. He said, “I do not regret establishing three new universities. As of


Read More
... Read More