Gas Will Solve Nigeria’s Energy Challenge, Says Seplat
SEPLAT Energy Plc has said gas development is a clear solution to Nigeria’s immediate energy challenge and remains a longer-term...
767 Manufacturers Shut Down In 2023 – MAN
The Manufacturers Association of Nigeria, MAN, has said that 767 manufacturers shut down operations while 335 became distressed in 2023....
BUA Blames Wholesalers For Preventing Nigerians From Buying Cement Bags For Approved N3500
The management of BUA Cement Company has explained the reasons why its cement was not sold at the promised ex-factory...
Wema Bank Launches MSME Payment Solutions
Wema Bank has announced the re-launched of its suite of Micro, Small and Medium Enterprise solutions designed to provide businesses...
Binance Stops Naira Transactions From March 8
Binance Nigeria, yesterday, announced plans to cease all services in naira, the country’s local currency, from March 8, 2024. The...
We’ve Attracted $30bn Foreign Direct Investment – Tinubu
Nigeria’s President Bola Tinubu says his nine month-old administration has attracted $30 billion Direct Foreign Investment commitments to shore up...
Dangote Mulls Setting Up Trading Arm For Lagos Mega Refinery
Africa’s richest man Aliko Dangote is planning to set up an oil trading arm, likely based in London, to help...
Bank Of Ghana Suspends GTB, First Bank’s Forex Licences
The Bank of Ghana has suspended the Foreign Exchange Trading Licences of two Nigerian-owned banks, Guaranty Trust Bank Ghana Limited...
New Mobile Banking App, MMPSB, Enriches Customers’ Experience
The mobile banking app recently launched by MoneyMaster Payment Service Bank Limited (MMPSB), Nigeria’s leading payment service bank, has been...
Cement Manufacturers Declare N710b Profit
Nigeria’s three cement manufacturers recorded profit of N710.03 billion in 2023 as significant upsurge in sales and considerably higher prices...