• Bayo Adetu
• November 28, 2021
• BUSINESS
• 0 Comments

By Olushola Bello  The Nigerian capital market expected equities to maintained previous week gain as retail investors increased their holdings in dividend paying stocks ahead of 2021 full year declarations. Analysts Optimism In the new week, analysts at Cowry Assets Management Limited expected the local bourse index to trade sideways as investors wait on the sidelines to take advantage of …

• Bayo Adetu
• November 27, 2021
• BUSINESS
• 0 Comments

The Federal government has lifted the ban placed on Emirates Airlines over the COVID-19 travel requirements on Nigerian passengers. The Federal Government had restricted the airline ten months ago following the disagreements. However, Hadi Sirika, Minister of Aviation, who announced the lifting of the ban, said the airline had removed some of its travelling conditions for Nigeria. Sirika added that …

• Bayo Adetu
• November 26, 2021
• BUSINESS
• 0 Comments

 By Amarachi Orjiude  Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, on Thursday, launched the Tertiary Institutions Entrepreneurship Scheme designed to tackle unemployment in the country. Emefiele, at the launch in Abuja, also presented loans ranging from N4.1m to N5m to graduates who applied and were selected. “The scheme, developed in partnership with Nigerian polytechnics and universities, is …

• Bayo Adetu
• November 24, 2021
• BUSINESS
• 0 Comments

Hon Mudashiru Obasa, Speaker of the Lagos State House of Assembly has urged Governor Babajide Sanwo-Olu, to work more on policies to bring more dividends of democracy to the people of the State. Obasa gave the advice when the governor visited the Assembly on Wednesday to present the 2022 Budget Of Consolidation put at ₦1,388,285,459,990.51. Speaking after the presentation by …

• Bayo Adetu
• November 24, 2021
• BUSINESS
• 0 Comments

Minister of state for petroleum resources, Timipre Sylva, has attributed the high prices of cooking gas to the removal of subsidy on the product. He said the prices of the product are now determined by forces in the international market. Sylva revealed this to State House correspondents yesterday after a meeting with President Muhammadu Buhari at the presidential villa, Abuja.  …

• Bayo Adetu
• November 24, 2021
• BUSINESS
• 0 Comments

In its bid to demonstrate increased commitment towards promoting financial inclusion and women empowerment, Nigeria’s retail lender, Unity Bank Plc has launched Yanga Account, a new retail product designed to deepen beneficial impact on Micro Small and Medium Enterprises, MSMEs operated by women in the mass market retail space. As a product targeted to boost the Nigerian women entrepreneurs, the initiative was …

• Bayo Adetu
• November 15, 2021
• BUSINESS
• 0 Comments

Former Managing Director of Fidelity Bank Plc, Nnamdi Okonkwo has refuted claims that he is in the custody of the Economic and Financial Crimes Commission, (EFCC). In an exclusive interview with The Source magazine on Monday, the seasoned banker who was recently appointed GMD of First Bank Holding Company said “I cannot be in my bedroom and somebody somewhere will …

• Bayo Adetu
• November 13, 2021
• BUSINESS
• 0 Comments

By Okechukwu Nnodim Electricity consumers willing to pay for meters will have to incur higher costs beginning from November 15, 2021 as the Federal Government has increased the prices of both single-phase and three-phase meters. But consumers have kicked against the move and wondered why there would be an increase in the prices of meters when the government had announced …

• Bayo Adetu
• November 13, 2021
• BUSINESS
• 0 Comments

By Wale Odunsi  The Federal Government disbursed N58billion to Nigerians in the past two months under the Conditional Cash Transfer (CCT). Halima Shehu, National Coordinator, Household Uplifting Programme – Conditional Cash Transfer (HUP – CCT) made the disclosure.  Shehu spoke in Yola at the launch of a two-day stepdown training on HUP-CCT orientation and sensitisation of beneficiaries. She said the …

• Bayo Adetu
• November 12, 2021
• BUSINESS
• 0 Comments

From showcasing of talents, to the art of fashion design, identifying youths in the food business and lots more, Nigeria’s leading financial services providers, First Bank of Nigeria Limited has reiterated its commitment to Youth Empowerment and Entrepreneurship through the celebration of its ongoing 2021 Youth Week. The Youth Week, themed “The Future is Now, Let’s Takeover” started on Monday, …