Saturday, August 23, 2025

Business

Aiyedatiwa, bullet meets to strengthen the ties of agriculture, industrialization

In the attempt to strengthen interest cooperation in agriculture and industrialization, the governor of Ondo, Lucky Aiyedatiwa, was Friday the host of his Bauchi counterpart, Senator Bala Mohammed. The meeting of the two governors held in the Government's house in...

Nigeria establishes a company of solid minerals to attract a direct foreign investment

Solid Mineral Development Minister Dr. Dele Alake, has revealed the establishment of Nigeria Solid Minerals Company (NSMC), a new corporation designed to attract direct foreign investments and transform the country's mining sector. Alake also explained that the NSMC will...

NGX Market Caps increases to N78.73Trn since GTCO lists new actions

The Nigerian stock market maintained its upward career to close a negotiation session in a positive note on Thursday, in the middle of registering mixed results in key performance indicators. The market capitalization of the Nigerian exchange (NGX) increased by...

FIRS has made significant progress: IMF

The International Monetary Fund (IMF) has examined the current reforms in the Federal Internal Income Service (FIR) and praised the agency, so it described as significant progress in its central duties. A senior economist in the Department of Fiscal Affairs...

CBN ends loan exemptions, orders banks to present capital plans July 14

As Nigeria advances towards its deadline for bank recapitalization of March 2026, the Central Bank of Nigeria (CBN) has announced a decisive ending of regulatory tolerance and exemptions of regulatory loans of the COVID era, indicating a return to...

Bulls persist in NGX as Variable Rent Investors earn N226BN

The Nigerian Variable Income Market suffered its Alcista impulse on Tuesday, as the index of all shares (thus) advanced at 0.31 percent to close to 121,653.93 basic points. In the Nigerian exchange (NGX), the bullish feelings followed profits in First...

FG undertakes to strengthen the capital market for the future prosperous

The federal government has declared that repositioning the Nigerian capital market is not simply an economic aspiration but a national imperative. He stressed that this effort is about creating opportunities, promoting the creation of wealth and building a more prosperous...

Lagos housing crisis: more than 70% of residents remain tenants – Report

More than 70 percent of Lagos residents remain tenants, with many expenses between 40 percent and 60 percent of their income for rent, according to the Lagos State Housing Market Report on the deepening crisis. According to the report, the...

Indimi, Kolawole Unite Jaiz Bank Boward as directors

Jaiz Bank PLC, Nigeria's non -interesting financial institution, has announced the appointments of Ahmed Mohammed Indimi and Nike Kolawole as members of its board of directors. The appointments occur when the bank presented an impressive financial performance for the year...

How Nigeria can accelerate gas development – Shell

Shell Nigeria Gas (SNG) has identified the development of infrastructure, together with regulatory and fiscal stability, as key promoters for the advancement of Nigeria's gas resources. According to SNG managing director, Ralph Gbobo, large investments are required to build a...

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FG reiterates the commitment to court investors who return with global incentives

The Minister of State for Petroleum Resources (oil), Heineken Lokpobiri, said that Nigeria is strengthening its position as a...