Business News
European stocks pull back after sharp global losses
European stock markets pulled back Friday after sharp losses in Asia overnight due to concerns over the prospect of high inflation and interest-rate rises that could hamper economic recovery from
Nigeria engages other countries as OPEC moves to ease production cut
As Nigeria engages key African countries ahead of the Organisation of Oil Exporting Countries and allies ((OPEC+) meeting due next week, indications emerged yesterday that the cartel may consider The
Total bank credits rose to N25 trillion in December
The total banking sector’s credits rose by N774.28 billion in December, hitting N25.02 trillion at the end of the year. The post Total bank credits rose to N25 trillion in
Glo claims biggest Internet subscriber growth in 2020
Telecommunications Company, Globacom, has recorded a major leap in its Internet subscriber base with a 39 per cent growth in 2020. Nigerian Communications Commission (NCC), on its website, showed
FG to expand national grid size, leverage hubs for gas pricing
The Federal Government, through the Nigerian National Petroleum Corporation (NNPC), has announced plans to increase the size of the national grid by leveraging the country’s 203.16tcf gas potential The post
PwC recommends NEXTGEN for family business sustainability
To protect the family business legacies, PwC has recommended the adoption of the next generation (NEXTGEN), saying families are upskilling the younger generation to institutionalise their organisations. The post PwC
Mobilise domestic revenue, reshape values for Africa, says WAUTI president
For Africa to develop without aids, there is the need to mobilise domestic revenue, reshape mindsets and values as well as take advantage of natural resources on the continent. The
NANNM partners JIK, grants exclusive right to use official logo
The National Association of Nigeria Nurses and Midwives (NANNM) has endorsed the leading hygiene and household disinfectant brand, JIK, to promote better hygiene practices in Nigeria. The post NANNM partners
Delta to earn N100m from Asaba Airport concession yearly
Delta State government has signed off the Asaba Airport facility to concessionaires in a deal that will earn the state, at least, N100 million in concession fee yearly. The post
Sustained bargain hunting lifts capitalisation further by N30b
Trading on the floor of the Nigerian Stock Exchange (NSE) continued in an upbeat manner yesterday, occasioned by bargain hunting in the shares of some blue-chip companies, causing market capitalisation
