Business

Access Holdings Plc has pledged its continued support for Zambia’s energy and agriculture sectors, following a courtesy visit and high-level discussion with Zambia’s President, President Hakainde Hichilema at the State House in Lusaka. During the meeting, President Hichilema noted that Zambia currently faces a shortage in power generation and transmission, and emphasised the need for increased investment following the recent…

The local equities market on Thursday  maintained the losing streak for the second consecutive session by N357 billion loss, following losses in Nigerian Exchange Group Plc and 50 others. The All-Share Index declined by 564.79 per cent, representing a loss of 0.39 per cent, to close at 145,300.01 points. Similarly, the overall market capitalisation value shed N357 billion to close…

The Central Bank of Nigeria (CBN) has urged Nigerians to handle Naira with integrity, stressing that the local currency is one of the strongest currencies in the world. The CBN said this when it hosted its flagship sensitisation event, the CBN Fair, in Lagos, in a bid to reinforce public trust in Nigeria’s currency and deepen financial inclusion, spotlighting the…

…winners take home N20m in prizes Executive Director of Commercial and Consumer Banking at Ecobank Nigeria, Kola Adeleke   has stated that the InnovateX Challenge was created to empower and equip young people to transform their passions into scalable solutions for national development. Speaking at the grand finale of the competition, held at the Ecobank Pan African Centre (EPAC) in Lagos,…

By Deborah Oladejo, Osogbo – Migration infrastructure company, Vesti, says it has disbursed over ₦1 billion in loan facilities to support students, youths, and families seeking opportunities abroad. Co-Founder and Chief Executive Officer, Olusola Amusan, disclosed this on Wednesday during the inauguration of the company’s Osogbo branch in Osun State. He said Vesti, established four years ago, was created to…

The Court of Appeal in Abuja has overturned an April 2023 judgment of the Federal High Court that annulled the removal of Senator Ifeanyi Araraume as non-executive chairman of the Nigerian National Petroleum Company Limited (NNPC Ltd.) board and awarded him ₦5 billion in damages. The ruling, delivered on August 8, 2025, spares NNPC Ltd. from making the hefty payout…

The Nigerian Communications Commission (NCC) has rallied stakeholders’ support to protect telecom infrastructure, reiterating its commitment to the full operationalisation of President Bola Ahmed Tinubu’s Executive Order on Critical National Information Infrastructure (CNII). This comes on the heels of a successful mediation led by the Office of the National Security Adviser (ONSA), in collaboration with the Commission, which resulted in the…

The Nigerian Labour Congress (NLC) has hailed the Dangote Petroleum Refinery as a transformative national asset, calling it a vital step in bridging Nigeria’s fuel supply gap, boosting employment, and restoring public confidence in the country’s industrial capacity. Speaking during a tour of the refinery and Dangote Fertiliser Limited, the Chairman of the Nigeria Labour Congress, Lagos State Council, Comrade…

The Nigeria Customs Service (NCS) has reaffirmed its zero tolerance for illegal and substandard imports following the interception of 16 containers laden with prohibited goods valued over ₦10 billion. The Comptroller General of Customs (CGC), Adewale Adeniyi, disclosed this during a press briefing in Lagos, at Apapa Area Command.Representatives from key enforcement agencies, including the National Centre for the Control…

The Naira at the official foreign exchange rate depreciated by 0.15per cent on Monday to close N1,535.93 against the dollar from N1,533.67 against the dollar it closed last week.  Last week, the Naira at the Nigerian Foreign Exchange Market (NFEM) rate opened trading at N1,531.95 against the dollar, gaining 0.1 per cent from N1,533.67 it closed for trading. However, the…