Month: August 2022
The naira on Thursday gained against the dollar at the Investors and Exporters window, exchanging at N428.12. The figure represented an increase of 0.25 per cent compared with N429.20 it exchanged for the dollar on ...
Some stakeholders in Badagry on Thursday lauded the Federal Government’s approval of $2.59 billion for the development of the Badagry Deep Seaport project under Private Public Partnership. The stakeholders, who spoke in Badagry on Thursday, ...
Global Alliance for Improved Nutrition (GAIN), a Swiss-based foundation, has promised to partner organisations to support Small and Medium-scale Enterprises (SMEs), to promote quality nutrition of processed foods in Nigeria. The foundation made the promise ...
The Nigerian equity market extended losses on Thursday, as the capital market closed on a negative note, making the market capitalisation to stand at N27.28 trillion. The market shed N6.83 billion, representing 0.03 per cent ...
The Group Managing Director of Access Bank Plc., Mr Roosevelt Ogbonna, has enjoined corporate entities to embrace technology to stay afloat in the increasingly competitive marketplace. Delivering a keynote address at the unveiling of an ...
Vitafoam Nigeria Plc has attributed its sustained profitability over six decades to strategic transition from sleeping business to living business, through introduction of innovative products and services. The company’s Group Managing Director, Mr Taiwo Adeniyi, ...
Trading at the Nigerian Exchange Ltd. (NGX) on Wednesday took a plunge, as the market capitalisation closed at N27.29 trillion down from N27.3 trillion recorded on Tuesday. Consequently, the market lost N16.76 billion, representing 0.06 ...
The University of Lagos says plans are on to collaborate with NORD Motors, an indigenous automobile outfit, for the manufacture of drones on its campus in Akoka. Recall that the university had on July 14 ...
Amb. Mariam Katagum, the Minister of State for Industry, Trade and Investment, says no fewer than 237,138 have so far benefited from the Federal Government’s special interventions to Micro, Small, Medium Enterprises (MSMEs) in the ...
The National Pension Commission (PenCom) says it has paid N326.32 billion as retirement benefits in 2021. This is disclosed in the commission’s 2021 annual report obtained on Wednesday in Lagos. PenCom stated that the payments ...
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