Business & Economy - Page 5

President Bola Tinubu on Friday met with Mr Tony Elumelu, Chairman, United Bank for Africa (UBA) Group PLC, to advance plans for economic growth and tax reforms aimed at strengthening small businesses. Elumelu spoke with State House Correspondents after the closed-door meeting

The Executive Director of Commercial Operations at Dangote Group, Fatima Aliko-Dangote, has reaffirmed the conglomerate’s commitment to strategic partnerships aimed at accelerating industrialisation, reducing import dependence, creating shared prosperity, and driving sustainable economic growth. Aliko-Dangote made this known on Thursday during Dangote

Ecobank Nigeria has launched the Ecobank Business App, a digital banking platform designed to strengthen the growth and long-term sustainability of Small and Medium Enterprises (SMEs) across the country. The app is aimed at simplifying business banking by enabling entrepreneurs and business

Banks in Nigeria are increasingly narrowing their recapitalisation strategies to private equity injections and business restructuring as the final phase of the ongoing banking recapitalisation exercise gathers momentum. Regulatory sources disclosed yesterday that there are currently no major pending applications from banks

The Naira appreciated further at the official foreign exchange market on Tuesday, trading at N1,351.02 against the United States dollar, extending recent gains. Data released on the Central Bank of Nigeria’s official website showed the local currency strengthened by N3.23 at the

The Naira yesterday appreciated to N1,440 per dollar in the parallel market from N1,450 per dollar last weekend. Likewise, the naira appreciated to N1,354.9 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data from the Central Bank of Nigeria (CBN), showed

The Lagos State Government has announced that it has generated more than 15,000 jobs through the Lagos Agripreneurship Programme (LAP), a youth-focused initiative designed to equip participants with modern agricultural skills and boost food security in the state. The programme targets youths

The Lagos State Permanent Secretary, Office of the Chief of Staff, Mr Semiu Kadri, has called for stronger financial discipline, accountability and tax compliance among Micro, Small and Medium Enterprises (MSMEs) as a means of driving business growth and supporting President Bola

The Bureau of Public Procurement (BPP) has directed bidders in public procurement processes involving leased equipment to present a valid Equipment Leasing Agreement Registration Certificate (ELARC). This is contained in a statement made available to newsmen in Abuja on Monday by the

The House of Representatives has described the Economic and Financial Crimes Commission (EFCC) and the Nigerian Financial Intelligence Unit (NFIU) as critical pillars in Nigeria’s ongoing economic recovery efforts and the stabilisation of the nation’s financial system. The lawmakers made the assessment