Business & Finance

NNPC Denies Fire Outbreak On Petroleum Depot

Saturday, May 18, 2024
The Lagos Fire Service has announced that a petroleum tank farm caught fire in the Apapa area of Lagos State on Friday. However, the Nigerian National Petroleum Company Limited, which owned the oil depot, denied the claim of the incident. The Director of Public Affairs of the Lagos State Fire ...

FG in Collaboration With AU To Address Livestock Feed Shortages

Saturday, May 18, 2024
The Federal Government in partnership with the African Union-Inter-African Bureau for Animal Resources Resilient African Feed and Fodder Systems Project have established a multi-stakeholder platform to provide producers with easy access to high-quality animal feed at competitive prices. According ...

NDIC Boss Urges Banking Sector To Prioritize Cybersecurity

Saturday, May 18, 2024
The Chief Executive Officer of the National Deposit Insurance Corporation, Bello Hassan, has advised bankers in the country to focus on cybersecurity. He disclosed this on Friday at the swearing-in ceremony of Professor Pius Olanrewaju as the 23rd president/chairman of the council of the Chartere ...

FCT Taxi Operators Set To Meet And Discuss CNG Adoption

Saturday, May 18, 2024
The Association of Taxi unions operating in the Federal Capital Territory has disclosed that they will be meeting today with members of different unions to discuss integrating Compressed Natural Gas vehicles into the transport system. This was disclosed by the unions represented by the President ...

BDC Operators Seek Collaboration With SEC On Digital Currency

Friday, May 17, 2024
The Association of Bureaux De Change Operators of Nigeria has requested the Securities and Exchange Commission rsquo;s guidance and collaboration on its digital currency market called lsquo;Kolectyomoni rsquo;. A statement from the association on Thursday indicated that this was disclosed during ...

CRMI Seeks Partnership With SEC To Boost Investors Confidence

Friday, May 17, 2024
The Chartered Risk Management Institute has expressed commitment to collaborate with the Securities and Exchange Commission to enhance investor confidence in the nation rsquo;s capital markets. This was disclosed by the President of the institute, Dr. Ezekiel Oseni, during a courtesy visit to the ...

Sterling Bank Declares Support On Nigeria’s AI Adoption For Report

Friday, May 17, 2024
Sterling Bank, in collaboration with AI in Nigeria, has announced the lsquo;Nigeria AI Landscape and Startup Report, rsquo; offering a comprehensive view of Nigeria rsquo;s AI ecosystem and startup scene. The report explained the significance role of AI in driving innovation and economic growth ...

Expert Urges African Leaders To Adopt PPP To Develop Inland Ports

Friday, May 17, 2024
African leaders have been advised to establish inland ports through public-private partnerships (PPPs) to catalyse job creation, revenue generation and economic growth at no cost to the government. This was disclosed by a United States (U.S.)-trained maritime and anti-piracy security expert, Alfr ...

AfDB, IDB Applauds IMF’s Approval Of SDRs For Hybrid Capital Instruments

Friday, May 17, 2024
The African Development Bank Group (AfDB) and the Inter-American Development Bank (IDB), yesterday, has applauded the announcement made by the International Monetary Fund rsquo;s (IMF) Executive Board approving hybrid capital as an eligible instrument for channeling of Special Drawing Rights (SDRs). ...

Tax Is Not A Punishment - Sanwo-Olu

Thursday, May 16, 2024
Lagos State Governor, Babajide Sanwo-Olu, has stated that the Federal Government must explore new and innovative ways of expanding the tax base and ensure Nigerians do not see taxes as an additional burden. The governor said governments at all levels must introduce a tax system that fosters a bus ...
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