Lagos shuts Ogba Mall, Ajah Market over waste violations
The Lagos State Government has taken serious action by closing the Ogba Mall and Ajah Market due to illegal trash disposal practices.…
Business
Why Elon Musk lost $35bn in October – Report
The world’s richest man, Elon Musk, witnessed a dramatic decline in wealth in October as he lost a whopping $35 billion, mostly as…
Guinea Insurance pays N142m in claims
Guinea Insurance Plc reported that it paid N142 million in claims to its clients during the fiscal year 2022. According to The…
Manufacturers debt hits N6.98tn in June – CBN
Manufacturers’ debt to Nigerian banks increased from N5.56 trillion in January 2023 to N6.98 trillion by June 2023, according to data from…
Why capital market operators must adopt technology—FinTechNGR, SEC
Capital market participants have been urged to capitalize on technology’s potential to improve their operations while remaining mindful of the hazards involved.…
Boost economy by increasing oil production, expert tells FG
The Group Managing Director of Eterna Plc, Dr. Gabriel Ogbechie, has highlighted that raising Nigeria’s crude oil output is a way to address…
PTAD pays N1.02bn arrears to 7,091 pensioners
Pension Transitional Arrangement Directorate of the Parastatals Pensions Department has successfully released ₦1.023 billion to 7,091 pensioners from the Department of Power and Transport.…
Lagos govt launches financial council to encourage investment
The Lagos International Financial Centre Council was established by the Lagos State Government in collaboration with EnterpriseNGR, an advocacy group, with the…
Moderna stock drops by 6.5% after low demand
Moderna Inc shares fell 6.5% on Thursday after the firm disclosed a revenue loss and reduced production of its COVID-19 vaccine, Spikevax,…
Afreximbank adds 11 African central banks to continental payment system
The Pan-African Payment and Settlement System of the Africa Export-Import Bank now includes 11 African central banks, with the rest expected to join…
NNPCL to supply Dangote refinery six million barrels of crude oil
The Dangote Refinery will receive six million barrels of crude oil from the Nigerian National Petroleum Company Limited, according to a statement…
Nigeria seeks US collaboration to strengthen food security
Nigeria has asked the United States Government for help in addressing important problems that are harming the nation’s agricultural sector. According to The…