CAC to delist 91,843 businesses over violation
The Corporate Affairs Commission plans to remove 91,843 companies from its register for failing to file annual returns. Nairametrics reported that the commission…
Business
MTN, Banking stocks fuel NGX’s bullish run
This week’s first trading day saw investors gain N70 billion, which gave the Nigerian Exchange Limited a positive start. The Punch reported…
Champion Breweries names Inalegwu Adoga new Managing Director
Champion Breweries Plc’s Board of Directors has announced the appointment of Dr Inalegwu Adoga as Managing Director/Chief Executive Officer of Champion Breweries…
NSE records increased trading volume despite varied sector performances
The Nigerian Exchange Limited recorded an appreciation of 0.12% on Friday, offsetting the losses from the previous day that were brought on…
Nigeria’s revenue insufficient to cover debt – IMF
The International Monetary Fund has revealed that Nigeria does not generate enough revenue to meet its needs for development. The Punch reported…
Transcorp Power affirms dedication to sustainable growth
Transcorp Power Limited, a power subsidiary of Transnational Corporation Plc, an indigenous conglomerate, has reaffirmed its commitment to sustainable development on the occasion…
FG records N1.54tn fiscal deficit between July-August 2023
The Central Bank of Nigeria has released data showing that in July and August of 2023, the Federal Government recorded a fiscal…
Lagos receives €410m Omi Eko project funding at COP28
Lagos State has secured funding for the €410 million Omi Eko project at the ongoing 28th Conference of the Parties on Climate…
NECA urges FG to address exit of multinationals
The Nigeria Employers’ Consultative Association has advocated for proactive measures to mitigate the impact of the multifaceted challenges that businesses are currently…
Ooni of Ife advocates buying of local products
The Ooni of Ife and a first-class monarch, Oba Adeyeye Ogunwusi, has pushed the federal government to increase its support of local manufacturers…
Morocco tops Africa in business-friendly ranking
Morocco stands out as the country with the highest Open for Business score of 58.0, placing it in 31st place worldwide. According…
FG secures $150m Chinese deal for battery production
The Rural Electrification Agency and the National Agency for Science and Engineering Infrastructure have signed a $150 million deal with Chinese investors…