News
Man sentenced to six months in prison for stealing, rice, spaghetti,...
A 29-year-old labourer, ThankGod Paule has been sentenced to six months imprisonment by an Ile-Ife Magistrates’ for breaking in and stealing goods worth N4,560.
He...
Banking & Finance
Economy
Empowering Women: NAWOJ Calls for Enhanced Role of Women in Governance...
by Abiodun Jimoh
Prominent figures from various sectors recently gathered at the "Empowering Women: Driving Good Governance and Economic Growth" conference, emphasizing the critical role...
Technology
Building Structure in Nigeria Insurance sector for Economic Growth
By Niyi Jacobs
In today's uncertain economic climate, Nigerians are facing numerous challenges, from job losses to reduced income and increased debt. However, there is...
Latest
Empowering Women for National Progress: NAWOJ South West Zonal Hosts Summit in Lagos
The NAWOJ South West Zonal Summit was held on Thursday, August 29, 2024, at the Ladi Lawal Press Center, 9 Iyalla street, Lagos.
The event...
Emefiele’s Naira Redesign Rendered Farmers Bankrupt – FG
The Federal Government has declared that the former Central Bank governor’s naira redesign policy rendered farmers in Nigeria bankrupt due to the hardship they...
Wema Bank’s Capital Raise: Investors raise concerns over Loans Impairment, Cost Management,Others
by Niyi Jacobs
Wema Bank's plan to raise N150 billion in new capital has sparked concern among investors. While the bank's financial performance has shown...
Q3:Nigeria’s External Debt Hits $42bn – DMO
….Drops by $1.57bn
By NIYI JACOBS
Nigeria’s total external debt stock declined by $1.57 billion in the third quarter of 2023 from $43.16 billion to $41.59...
News
CBN denies crashing forex to N1.25 against Dollar
The Central Bank of Nigeria (CBN) has denied claims that it would crash the exchange rate to N1.25/$1.
overlay-clevercloseLogoOn Wednesday, CBN disclosed this via its...
NGX Exonerates Abbey Mortgage Bank of Insider Trading Claims
The Nigerian Exchange (NGX) has absolved Abbey Mortgage Bank Plc of allegations of insider trading during a closed period. The initial report, dated May...
Onpassive unveils improved digital services to Nigerians
Mr Charles Azih, a founder of Onpassive has said that the vision of launching Onpassive in Nigeria was to give Nigeria a better opportunity...
Proton Energy, Partners Sign Gas Supply Deal for 500MW Power Project
Proton Energy Limited has signed a deal with the Nigerian National Petroleum Company Ltd. (NNPC), Shell Petroleum Development Company (SPDC), TotalEnergies, the Nigerian Agip...
Cancers eating up the Naira
In the face of declining foreign exchange inflows and declining oil production, the naira fell to a record low against the dollar. BUSINESS EDITOR NIYI...
Investments
Fuel Price Hike: Nigerians Groan as Petrol Hits N1,100 per Litre
The recent hike in fuel price has left many Nigerians reeling as petrol now sells for between N950 and N1,100 per litre in Abuja....