Palmpay seeks collaboration for financial inclusion
PalmPay, a financial technology platform, has advocated for strategic alliances in the banking sector to promote inclusivity. The Punch reported that the information…
Business
Asset concession to generate N185.2bn revenue in 2023 – ICRC
The Director-General of the Infrastructure Concession Regulatory Commission, Michael Ohiani, estimates that in 2023, concessions of a variety of assets will bring in…
Bears dominate on NGX as stocks lose N518bn
Bearish investors dominated Friday’s trading session, with the Nigerian Exchange closing in the red. The Times reported that the All-Share Index closed at 67,324.59…
How FG caused N285bn decline in raw material exports – MAN
The Manufacturers Association of Nigeria has stated that the government’s disregard for the productive sector is to blame for the N285 billion annual…
South Korea expresses interest in Nigeria’s lithium
The South Korean government has expressed interest in the lithium resources in Nigeria. The South Korean government had been approached by the…
NGX trade volume hits N1.12bn
The daily volume of trade on the Nigerian Exchange Limited surged by 98% to 1.12 billion units on Thursday as investors lost…
Tinubu woos American investors
President Bola Tinubu has informed potential investors that Nigeria offers a unique mix of prospects that they would not find…
Naira drops to 980/dollar as FX worsens
The naira maintained its downward trend after trading at 980/$ on the parallel market on Wednesday. The Punch reported that the naira’s rate…
Fidson announces N4.19bn profit, distributes 55kobo dividend
Fidson Healthcare Plc, an indigenous manufacturer of pharmaceuticals, declared a profit of N4.19 billion at the end of the fiscal year 2022,…
Ogun promises to support SheFarmers campaign
As part of efforts to support female farmers, the Ogun State Chapter of the SheFarmers Initiative has been created. According to The…
Exchange rate falls N983/$1 as traders allege dollar scarcity
The black market exchange rate between the naira and the dollar fell to a record low of N983/$1 as currency brokers declared…
Oando share price soars as court decision on delisting approaches
Since Oando released its audited financials for 2021, investors dealing on the Nigerian Exchange have been clamouring for its shares. Oando was…