Business

Nigeria-UAE trade surges 66.7% to $5bn in 1 year

By Yinka Kolawole Bilateral trade between Nigeria and the United Arab Emirates (UAE) rose by 66.7 percent to about $5 billion in 2025 from $3 billion in 2024, highlighting growing economic ties between both countries as they move towards formalising a Comprehensive Economic Partnership Agreement (CEPA). The development was disclosed when the UAE Ambassador to […]
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Guinness in fresh layoffs

BREWERY giant, Guinness Nigeria PLC, is embarking on a fresh retrenchment exercise as renewed wave of downsizing of workforce hits the Food and Beverage sector of the nation’s economy.
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Economic meltdown is impacting on real estate agency– Ovesuor

Against the backdrop of the ongoing global economic meltdown which is impacting on all facets of the economy, a renowned estate surveyor and valuer, and managing partner of U. K. Ovesuor & Partner, Mr. Elias Ovesuor has noted that the impact is not too pronounced in real estate practicegenerally but on an aspect of the practice which is agency. Agency in real estate business refers to property brokerage, leases, sales and so on.

Lagos State appoints Fidelity Bank branches as E-Service points

The Lagos State Govern ment has announced the designation of all branches of Fidelity Bank in the state as E-Service Points (ESP).  By this appointment, all payments to the Lagos State Government can be made through Fidelity Bank Plc.  Also, all information and documentation about payments to Lagos State, including the electronic tax clearance certificate […]

Consolidated Breweries acquires DIL/Maltex

Consolidated Breweries Plc, one of the foremost beverage companies in Nigeria, has obtained permission from the regulatory authorities to acquire the majority stake holding in Dumex Industries Limited (DIL)/Maltex, a subsidiary of CFAO Nigeria Plc. This was made possible following the decision of CFAO to divest from DIL/Maltex by offering its 95.05% equity holding to Consolidated Breweries Plc.

NSE lists 4.966bn shares of Mtech Communication

By Micheal Eboh The Nigerian Stock Ex change (NSE) yesterday listed 4,966,666,668 shares of 50 kobo each at N2.50 per share of MTech Communications Plc, a leading mobile Value Added Services (VAS) company in Nigeria.

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