Business news
The Honourable Minister of State, Federal Ministry of Youth Development Mr. Ayodele Olawande paid a courtesy visit to the Commissioner for Insurance Mr. Olorundare Sunday Thomas on 16th February, 2024. The purpose of the visit is to discuss potential collaboration opportunities between the Federal Ministry of Youth Development and NAICOM in advancing youth development […]
The Institute of Brands Management of Nigeria (IBMN) has announced date for its 2024 edition of West African Brands Excellence Awards. In a statement made available to newsmen recently in Lagos, the organisers of the award disclosed that, the much coveted award will take place on the 28th February 2024 at the Muson Centre, Agip […]
.as telco pledges support for FG, FIRS initiatives The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr Zacch Adedeji, has assured Nigeria’s leading telco, Mobile Telephone Network (MTN) Nigeria Plc and others of a tax administration that is friendly, customer-centric and helps businesses to flourish and bear more fruits. Adedeji gave the assurance […]
Parallex Bank Ltd. has announced the launch of a new and improved mobile banking app called Parallex Mobile App 2.0. The Managing Director, Parallex Bank, Dr. Olufemi Bakre, said in a statement on Friday in Lagos, that the advanced mobile app was convenient, and functional than the previous version. He noted that the launch of […]
FROM : LarryBravo Nwaiwu, Enugu The Nigerian Breweries Plc (NB PLC) has commended Governor Peter Mbah for creating the right environment for businesses in the state through his recent intervention on the state of road and other infrastructure across the state. Mr. Peter Ani, the Brewery Manager of NB PLC, Ama, Enugu State made the […]
In furtherance of his determination to bring world class standards to Nigerian public health administration and to manifest his commitment to deliver affordable and quality care to all Nigerians under governance and regulatory frameworks commensurate with international best practice, President Bola Tinubu has approved the appointment and reappointment of the following Board Chairpersons and Chief […]
In the latest inflation report released by the National Bureau of Statistics (NBS), Nigeria’s inflation rate for January 2024 has surged to 29.90%, marking a significant increase from the 28.92% recorded in the preceding month. The data reveals a notable uptick in the headline inflation rate for January 2024 by 0.98% points when juxtaposed with […]
Nigeria’s Federal Government and the 36 states on Thursday agreed on the need to establish state police to curtail issues bordering on insecurity across the country. This was the highlight of the meeting between President Bola Tinubu and the 36 state governors under the aegis of the Nigeria Governors Forum (NGF) at the Council Chambers […]
Neimeth International Pharmaceuticals Plc has disclosed that NGX Regulation Limited has approved the company’s free float compliance extension request of two years (2024-2026). This was contained in the company’s notice to the shareholders seen by Nairametrics. Companies listed on NGX are required to maintain a minimum free float for the set standards under which they […]
The Central Bank of Nigeria (CBN) has stopped international oil companies from repatriating 100% foreign exchange proceeds to their mother companies overseas at once. The apex bank said international oil companies can repatriate 50% of their proceeds in the first instance and then the other half after 90 days. The Director of Trade and Exchange […]