BUSINESS
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eFTD Africa set to launch 18,000 eco-friendly motorcycles
In a move towards sustainable transportation, eFTD Africa, an eco-friendly last-mile delivery company, has announced plans to revolutionise the logistics…
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AGOA Forum: SMEDAN to bridge gap between Nigeria, U.S. small businesses
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), says its goal is to bridge the gap between Nigerian…
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Heritage Bank: NDIC attributes swift payment of depositors to advanced technology
The Nigeria Deposit Insurance Corporation (NDIC) has attributed its swift payment of depositors of the failed Heritage Bank to advanced…
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Malta Blending Plant: We are not involved, Oando Plc insists
Oando Plc has denied allegations linking the company and its executives to Raz Hansir Oil Terminal Ltd., a Maltese company…
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CBN sells $148m to authorised dealers
The Central Bank of Nigeria (CBN) says it sold a cumulative amount of 148 million dollars to authorised dealers in…
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FG, financial experts differ on windfall tax
Financial experts have raised concerns about the Federal Government’s proposed windfall tax on banks’ 2023 foreign exchange gains and its…
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Green economy to drive Nigeria’s diversification, jobs – SEC DG
Dr Emomotimi Agama, Director-General, Securities and Exchange Commission (SEC), says embracing a green economy will bring numerous benefits, including economic…
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Stock market trends downward, investors lose N118bn
The Stock Market on Thursday continued its downward trend for third consecutive session, leading to a loss of N118 billion…
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Senate passes bill increasing windfall tax on banks to 70%, CIBN kicks
The Senate has passed a Bill seeking to amend the Finance Act, of 2023 to impose and charge a windfall…
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Again, Selloffs in banking stocks dip market capitalisation by N68bn
The Nigerian Exchange Ltd. (NGX) market capitalisation declined further on Wednesday by 0.12 per cent or N68 billion, following selloffs…
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