Business

SEC Cancels Mainland Trust Limited Registration, suspend the registrars of Centurion

The Bag and Securities Commission (SEC) has announced the cancellation of the Trust Limited Continental Registry and the suspension of Centurion registrars. The commission in separate circulars issued over the weekend said the sanctions were imposed after the fact that...

Women constitute 39.17% of Nigerian exporters – Oduwole

Despite representing 39.17% of exporters registered in Nigeria, women led by women continue to face challenges to access the necessary resources to climb their operations. This was highlighted by the Minister of Industry, Commerce and Investment, Dr. Jumoke Oduwole, during...

Accusations of fraud against us unfounded, false – First Bank

First Bank of Nigeria has denied the accusations of fraud level by a client and published in some media. In a statement, Olayinka Ijabiyi, interim head of the Marketing Group and Corporate Communications at First Bank of Nigeria Limited, said...

Ngx thus increases by 0.1% as the feelings become alcistas

On Thursday, the upward feelings resurfaced in the domestic stock market, since the profits in international breweries and Nigerian breweries led to a 0.1 percent increase in the reference index, which leads to 106,220,94 basic points. Consequently, monthly and year...

Nans paralyzes activities at the MTN office in Ibadan

Commercial activities at the Ibadan branch of MTN Nigeria were paralyzed Wednesday by a protest organized by the National Association of Nigerian Students (Nans). The Nigeria news agency (NAN) reported that the students' agency, under the Joint Campus Committee...

The variable income market invests the gain of the previous day, investors lose N284BN

The local stock market decreased when the index of the entire exchange of Nigerian exchange (NGX) fell by 0.43 percent to 106,167.75 basic points on Tuesday. This recession resulted in a corresponding reduction of 0.43 percent in the market capitalization...

EU deforestation regulation: “Why Nigeria must comply with the December deadline”

The president of the Association for Forest Conservation and the merchants of Carco de Coal Green, also known as the legality of Charcoal, Omolola Johnson, has said that it is very important that Nigeria meets the deadline of December...

Naira-For-Crude: Dangote, other local refineries not excluded from the supply of crude-FG

The Federal Government has discredited reports that claim that local refineries have been forced to trust international crude oil purchases about the interruption of crude oil supply agreements based in Naira. Zacch Adedeji, president of the Federal Internal Income Service...

Fiscal reform as a pillar for Nigeria's economic prosperity

In this article, Joseph Inokotong explores the need for fiscal reforms, its potential impact on companies, households, government and broader implications for economic growth and stability. Nigeria's economic panorama has been molded by numerous structural challenges, including the instability of...

Nigeria will leave Fatf Gray List before the second quarter of 2025-Anite Uzoka

Nigeria has made a significant leap to strengthen its financial integrity, since it intensifies the efforts to get out of the Gray list of the Financial Action Task Force (FATF) in the second quarter of 2025, to reinforce investor...

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Banks await CBN clearance as audit delays leave investors without key earnings data

Investors in some of Nigeria's largest listed banks are facing a growing information gap as delays in the completion...