DataPro gives FSDH Merchant Bank an “A” rating
A credit rating agency in Nigeria, DataPro, has granted FSDH Merchant Bank Limited a long-term rating of “A” with a stable outlook…
Business
Access Holdings subsidiary purchases ARM Pensions
Access Pensions Limited, an Access Holdings affiliate, has purchased a majority share in ARM Pensions Managers Ltd. The PUNCH reported that a…
10 unbelievable things Nigeria imports
Countries around the globe frequently partake in the importation of goods, especially when local manufacturing or production cannot meet the demands of…
NGX halts trading of delisted-GSK shares
The Nigerian Exchange Limited has halted trading on Glaxo SmithKline Consumer Nigeria Plc’s shares in anticipation of its eventual delisting from the…
Jeff Bezos ex-wife Mackenzie Scott sells $10bn Amazon shares
The ex-wife of Amazon founder Jeff Bezos, MacKenzie Scott, sold about $10 billion in Amazon stock last year, marking a big financial move.…
NEITI to release old data, says global body
A global organization that advocates for transparency in the oil and mining industries, known as the Extractive Industries Transparency Initiative, has expressed concern on…
FG advocates for strict regulation of tobacco industry
The Federal Government has emphasized that the tobacco sector must be strictly regulated in conformity with national legislation and international best practices.…
Special Economic Zones amass $66bn foreign investment – Report
Nigeria’s Special Economic Zones have received more than $66 billion in foreign direct investment and N620 billion in domestic direct investment. The…
Maize, paddy rice prices to increase in 2024 – AFEX
AFEX forecasts that maize and paddy rice prices in Nigeria will climb by 25% and 40%, respectively, this year. The forecast was…
NGX index exceeds 100,000 points
The benchmark index of the Nigerian Exchange Limited broke beyond the 100,000 basis point barrier on Wednesday, creating a new record high.…
First time passport applicants still need to come for biometrics in the office – NIS
The Nigerian Immigration Service has stated that people who are applying for passports for the first time still have to go to…
eBay plans to lay off 1,000 workers
Alex Omenye E-commerce giant eBay said on Wednesday that it intends to lay off 1,000 workers, or around 9% of its staff…