Tuesday, January 21, 2025

Business News

High interest rates: Lagos Free Zone and two others raise N110.93 billion in commercial paper issues

AMID Nigeria's high interest rate environment, three major companies (Dangote Sugar Refinery Plc, Dangote Cement Plc and Lagos Free Zone Company) have collectively raised N110.93 billion through commercial paper (CP) issuances. These transactions highlight the companies' innovative approaches to securing...

NCMI is committed to market development

In line with the desire of the current leadership of the Securities and Exchange Commission (SEC) to ensure market development and ongoing investor education, the Nigerian Capital Market Institute (NCMI), the training subsidiary of the Securities and Exchange Commission,...

Dangote praises Tinubu for impact of naira for crude oil swap deal

Aliko Dangote, Chairman of Dangote Industries Limited, has commended President Bola Ahmed Tinubu for the economic relief brought by the crude oil for naira exchange initiative. The policy allows local refiners to buy crude oil in naira and sell refined...

Port Harcourt Refinery fully operational; not closed – NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) has refuted reports that the revived Port Harcourt refinery has been shut down, stating that the facility is fully operational. The national oil company, in a statement signed by its spokesperson, Olufemi Soneye,...

NGX Group boss advocates authenticity and people-centric leadership at India summit

In an era where demands on leaders are becoming more complex, Temi Popoola, Group Managing Director and CEO of the Nigerian Exchange Group (NGX Group), called for a renewed focus on authenticity and people-centred leadership. as a way to...

Jobs that you can combine with your '9-5' to earn more money

With the current economic situation in the country, supporting yourself and your family with a salary earned from a 9 to 5 job might not be enough or sustainable. The daily increase in prices of goods and services...

Former GMD hails Kyari's mammoth strides in Port Harcourt refinery rehabilitation

The Former Group Managing Directors (GMD) Forum of the Nigerian National Petroleum Company Limited (NNPCL) has commended the incumbent NNPCL under the leadership of Mele Kyari for transforming the Port Harcourt Refinery (PHR) into a state-of-the-art facility. The Forum, which...

Tinubu presents budget estimates of N47.90 trillion for 2025 and forecasts revenue of N34.82 trillion

President Bola Tinubu on Wednesday presented the budget estimates of N47.90 trillion for 2025, assuring the public that his administration would continue to stimulate the country's economy through targeted fiscal stimulus packages, public expenditure and non-inflationary expenditure. During the formal...

NMDPRA seals eight gas stations for aggressive practices

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has sealed eight petroleum retail outlets in and around Warri. The Coordinator of NMDPRA in Delta State, Eng. Victor Ohwodiasa revealed this on Tuesday, stating that the outlets were closed on...

2025: Companies should prepare for more stress —LCCI

The Lagos Chamber of Commerce and Industry (LCCI) has expressed concern that businesses may face more stress in the new year, especially with the constant rise in inflation. The Chamber, in a statement on the November inflation rate, issued on...
- Advertisement -spot_img

Latest News

JUST IN: FCT Police Commissioner loses son in car accident

The Federal Capital Territory (FCT) Police Commissioner, Olatunji Disu, lost his son in a car...
- Advertisement -spot_img