Business Today

    The bilateral trade between Nigeria and China has dropped by N37.3 bn in 2022 from the previous record in 2021, just as both countries make efforts to improve bilateral relations. The Minister and Counsellor for Economic and Commercial Affairs, Embassy of the People’s Republic of China, Wang Yingqi, who led a delegation of

During a recent briefing, one of our governors described his Kaduna State counterpart, Nasir el-Rufai, as his ‘senior brother’. It is popularly known that they are not blood brothers; the speaker was just being civil and recognising the fact that  El-Rufai is older than him. As a matter of fact, the speaker is regarded as

The management of Osun State University, Osogbo, said it has secured full accreditation of 26 under-graduate and post-graduate courses for the institution. This was disclosed by the institution’s Vice-Chancellor, Prof. Clement Adebooye, while speaking on the recent achievements of the university. A statement by the university’s Public Relations Officer, Ademola Adesoji, explained that various teams

Low-income earners have been facing challenges meeting one of the basic needs of man, shelter, due to lack of access to finance. The poor mortgage system in Nigeria has made housing unaffordable for millions, writes JOSEPHINE OGUNDEJI Nigeria’s housing shortage still persists, despite the real estate industry contributing 5.64 per cent to the country’s GDP

The Economic Community of West African States on Monday raised concern over the low contribution of Value Added Tax to the tax revenue rate in Nigeria. ECOWAS blamed the setback on policy decisions and compliance rate. The ECOWAS Director of the Customs Union and Taxation, Salifou Tiemtore, expressed the concern in Abuja during a workshop

Abbey Mortgage Bank has said it recorded N830.4m profit before tax in its 2022 financial period. The bank disclosed this in a statement to celebrate its 31st anniversary. It said, “Abbey ended 2022 with profit before tax of N830.4m, a 26.62 per cent increase from 2021 and kicked off 2023 with a new investment rating

FCMB Group Plc has announced the issuance of N20.68bn perpetual 16 per cent fixed rate resettable NC5.25 additional tier 1 capital subordinated bond as part of its N300bn debt issuance programme.  In a corporate notice signed by the Company Secretary, Olufunmilayo Adedibu, to the Nigerian Exchange Limited, the firm said the N20.68bn bond was issued

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

The Ooni of Ife, Oba Adeyeye Ogunwusi, has revealed plans to establish a university, which he said will be named ‘Ojaja University in Eyenkorin Ilorin, Kwara State’. The institution is formerly known as Crown-Hill University. He said this after securing full accreditation for the take-off courses from the National Universities Commission. He was accompanied by

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