BUSYBEE Group, last weekend, said it has contributed to the growth of over 800 entrepreneurs in the event planning and management industry. The company creates solutions to struggling businesses through its mentoring/coaching programmes; masterclass/business summit; among others.

Saudi Arabia’s state oil company, Saudi Aramco kick-started its initial public offering (IPO) on Sunday, announcing its intention to list on the domestic bourse as the kingdom seeks to diversify and create the world’s most valuable listed company. Aramco did not give a time frame or say how much of the company it would sell, […]

THE Federal Government has reiterated its support to drive development of Micro Small and Medium Enterprises (MSMEs) in the country.

By Chinonso Alozie, Owerri The Imo state governor, Emeka Ihedioha, has said that the eighteen billion naira investment in Imo state, by Afri-Exim bank, was for the expansion of trade. Ihedioha spoke in a statement by his Chief Press Secretary, Chibuike Onyeukwu, yesterday in Owerri, said that it was part of the government’s policy on […]

State governors are not satisfied with the revised N162 million monthly repayment for the Federal Government’s budget support facility, the Minister of Finance, Hajia Zainab Ahmed, has disclosed.

The World Bank has pledged its support towards assisting Nigeria to increase its Internally Generated Revenue (IGR) to address poverty and service delivery by the government.

Access Bank Plc yesterday, announced the completion of the second phase of its integration, where it has brought together all its core banking platforms.

Chairman of Guinness Nigeria Plc, Mr. Babatunde Savage, has expressed concern over the proposed increased in Value Added Tax, VAT, rate, stating that it would negatively impact manufacturing firms in the country, increase the cost of doing business and further reduce the disposable income of Nigerians.

 The equities market continued its downturn last week, declining by 0.38 percent despite the release of third quarter (Q3’19) and nine months results by some listed companies.

 Equities’ value rebounds, account for 75% of listed securities By Peter Egwuatu Contrary to the bearish sentiments in the secondary equities and bond markets of Nigerian Stock Exchange, NSE, the total value of    primary market listing(bond and shares) segment has recorded its most bullish performance rising by 145.5 percent to N2.7 trillion in the […]

Business confidence economy maintain upward trend PMI report indicates uptick in economic expansion By Babajide Komolafe   Prices of FGN Bonds in the secondary market are expected to continued their upward trend this week, amidst inflow of N413 billion into the interbank money market, even as directive of the Central Bank of Nigeria (CBN) excluding […]

By Elizabeth Adegbesan   The Nigerian Deposit Insurance Corporation (NDIC) has expressed its readiness to tackle emerging challenges to the banking industry. The Managing Director/ Chief Executive, NDIC Umaru Ibrahim stated this in Lagos    the 30th anniversary dinner of the corporation. He said:” We have come a long way and we have done a […]

The Securities and Exchange Commission (SEC) has outlined the importance of the capital market in catalysing economic growth.

As the bearish sentiment in the equities market continues to hold sway, foreign investors have reduced their stake in the market by 34.4 percent to N594.5 billion, from N906.9 billion in the last eight months.

Capital market operators have projected that end of year portfolio re-alignment by fund and portfolio managers may bring reprieve to equity investors this week and through the remaining part of the year.