Business
Naira plummets over 50% in Cardoso’s first year in office – Report
The Naira has lost more than half of its value in the past year since Yemi Cardoso took office as the Governor…
Sage Grey unveil platforms to boost SMEs growth nationwide
Sage Grey Technologies Limited has launched the TradePlus Marketplace, TradePlus Vendor Loan Scheme, and Isolo Tech Facility to support small and medium-sized…
Spare parts dealers association shuns hunger protest
Members of the Auto Spare Parts and Machinery Dealers Association, Trade Fair Complex, Lagos, have distanced themselves from the hunger protest from…
UK finance institution commits $50m to Nigerian businesses
British International Investment, the United Kingdom’s development finance institution and impact investor, has recently announced a $50m commitment to Access Bank for…
Nigeria’s firm Sundry Markets among Africa’s fastest-growing for 2024
Nigerian retail firm, Sundry Markets Limited, has been named one of Africa’s top 50 fastest-growing companies in 2024 by the Financial Times.…
$27.2bn Escravos seaport project gets Delta govt revalidation
Mercury Maritime Concession Company, the principal proponent of the $27.29 billion Escravos Deep Seaport Industrial Complex Project in Warri, Delta State, announced…
Stakeholders worry over imposed NMDPRA $2,000 registration fee
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has placed a $2,000 registration fee on indigenous shipowners, raising concerns among maritime stakeholders.…
Sterling Bank, SMEDAN partner to launch data platform
Sterling Bank and the Small and Medium Enterprises Development Agency of Nigeria have developed Databanc, a website that provides data on Nigerian…
AfDB to equal Italy’s $150m concessional loans across Africa
The African Development Bank has said that it will match the $150m in concessional loans and grants from Italy, which are meant…
TotalEnergies shareholders authorise N8.49bn dividend
TotalEnergies Marketing Nigeria Plc’s shareholders have authorized a dividend of N8.49 billion for the fiscal year 2023, at N25 per share. This…
Dangote borrowed $5.5bn from banks to build refinery
Africa’s richest man, Aliko Dangote, disclosed that his company secured approximately $5.5 billion in bank loans to construct the Dangote refinery. Dangote…