Business
Hope rises for sustainable trading as NSE completes demutualisation
After six decades of operation as a non-profit organisation under the control of some individuals and institutions, the Nigerian Stock Exchange (NSE) has begun the journey to becoming a public-owned
Equities suffer sixth weekly loss as index slumps further by 1.74%
Although the stock market closed positive twice, last week, the gains were not enough to push the indices as the market suffered its sixth consecutive weekly loss. The post Equities
BDC operators declare war against currency speculators
The Central Bank of Nigeria (CBN)-licensed Bureau De Change (BDC) operators have declared operational war against foreign exchange speculators and black market dealers whose activities they accused of distorting the
‘Building insurance defaulters will face N5 million fine, imprisonment’
The penalty of non-compliance awaits property owners who fail to heed the compulsory insurance of public buildings and buildings under construction when the Insurance Industry Consolidated Bill is passed into
Manufacturers spend over N143b on alternative electricity supply
Manufacturers in Nigeria, in the last two years, 2019 to 2020, spent about N143.29 billion on alternative power supply, says the Manufacturers Association of Nigeria (MAN). The post Manufacturers spend
Underwriters raise insurance benefits, accept to drive efficiency
Efforts to diversify insurance products to meet the needs of every Nigerian will help to increase insurance penetration across the country, experts have said. The post Underwriters raise insurance benefits,
Bank chief calls for investment to reduce inequality
The Managing Director of Unity Bank Plc, Mrs. Tomi Somefun, has called for increased investment in girl-child education to bridge the gender gap and reduce inequality. The post Bank chief
Banks, others given seven days to relocate from Maitama
The Federal Capital Territory [FCT] administration has given banks and other business organisations operating in Maitama seven days to relocate to the Central Business District (CBD) or risk closure. The
British Airways Calls for Vaccinated People to Travel without Restrictions
British Airways’s new boss said vaccinated people should be allowed to travel without restriction and non-vaccinated people with a negative Covid-19 test, as he set out his ideas for a
What Nigeria’s economy’ll gain from Kobobid
Victor Moghalu is the CEO&Co-Founder of Kobobid.com Victor Moghalu is the CEO&Co-Founder of Kobobid.com, a tech-heavy company. In this interview, he speaks on how the platform will boost Nigeria’s
