The Nigerian Exchange (NGX) opened the week on a strong note as equities added N285bn in market value on Monday, fuelled by gains in Julius Berger Nigeria, Cutix, and insurance stocks.At the close of trading, the All-Share Index (ASI) advanced by 435.61 points, or 0.31 per cent, to finish at 141,439.75, while market capitalisation rose […]
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In a move to strengthen Abuja’s position as a hub for international conferences and meetings, Ethiopian Airlines has announced the introduction of three additional weekly flights from the Nigerian capital, effective October 28, 2025. The new services will complement the airline’s existing daily flights from Abuja, providing passengers with increased flexibility, convenience, and wider connection […]
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The National Information Technology Development Agency has disclosed that major global technology firms, including Google, Microsoft, and TikTok, deactivated more than 13.5 million accounts in 2024 in compliance with Nigeria’s Code of Practice for online safety.The announcement came after the submission of the 2024 compliance reports mandated under the Code of Practice for Interactive Computer […]
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The Nigerian Aviation Handling Company Plc (NAHCO) has announced a bold five-year growth strategy aimed at increasing its revenue base to N300 billion by 2029, from N53.54 billion posted in 2024. The plan, which underscores NAHCO’s transition into a fully diversified logistics and aviation services group, focuses on scaling core operations while unlocking new revenue […]
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Jaiz Bank Plc has announced an ambitious plan to raise its capital base to N150 billion as part of its long-term growth strategy, while reaffirming full compliance with the Central Bank of Nigeria’s recapitalisation directive.The Managing Director and Chief Executive Officer of the bank, Haruna Musa, made the disclosure in Abuja on Tuesday during the […]
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United Bank for Africa Plc has secured a N5 billion loan facility from the Bank of Industry to strengthen key sectors of the economy and accelerate the growth of sustainable businesses, particularly owned by women. The fund, disbursed under the Federal Government’s MSME Fund, is aimed at providing affordable financing for businesses in critical sectors […]
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Nigeria’s Minister of Agriculture and Food Security, Senator Abubakar Kyari, will today headline the FirstBank Agric and Export Conference at the Eko Convention Centre, Lagos, where he is expected to unveil the Federal Government’s strategies for accelerating non-oil growth through the agricultural sector. The conference, themed “The Fundamentals of Building a Non-Oil Export Driven Economy,” […]
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Heirs Energies, Africa’s leading indigenous-owned integrated energy company, has reinforced its commitment to advancing the continent’s energy future through active participation in two major industry gatherings, the U.S. Africa Energy Forum in Houston, Texas, and the Namibia International Oil & Gas Conference 2025. At the Houston forum, Chief Executive Officer, Osa Igiehon, joined global energy […]
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Ellah Lakes Plc has unveiled plans to scale up its agricultural operations with the cultivation of 1,500 hectares of oil palm in 2026, alongside the establishment of a palm kernel oil mill and a livestock project. The company’s Chief Executive Officer, Chuka Mordi, said the expansion forms part of a long-term growth strategy aimed at […]
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eTranzact, Pan-Atlantic University’s EDC Unveil Landmark Study on AI Readiness of Nigerian SMEs eTranzact International Plc, in collaboration with the Enterprise Development Centre (EDC) of Pan-Atlantic University, has released a groundbreaking report titled Artificial Intelligence Readiness of Nigerian SMEs, aimed at accelerating AI adoption among small and medium enterprises in the country. The report, launched […]
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