Business & Economy - Page 82

Former Governor of Anambra State and Labour Party (LP) candidate in the February 25, 2023 presidential election, Mr. Peter Obi, has warned that the Nigerian economy is getting no better, saying all indices point to a worsening socio-economic situation in

The Yaba College of Technology (Yabatech) has organised ‘A Day with Industry Partners’ to foster collaboration between academia and industries, ensuring graduates are well-prepared for the job market. Speaking at the event on Friday in Lagos, Yabatech Rector, Dr Ibraheem Abdul, said

By MIKE ABBAH Fidelity Bank Plc has, again, demonstrated its unwavering commitment to enhancing its host communities’ lifestyles. Through its dedicated education Corporate Social Responsibility (CSR) pillar, the bank recently undertook significant projects aimed at promoting quality education delivery across

By MIKE ABBAH The Nigerian government, through the Federal Inland Revenue Service (FIRS), has asked the Federal High Court in Abuja to order Binance Holdings Limited to pay $79,514,055,594.40 and N231 million for economic losses allegedly caused by its operations in

By MIKE ABBAH The Central Bank of Nigeria (CBN) has issued a sweeping directive mandating commercial banks to comply with stricter insider lending limits or risk regulatory sanctions. In a letter to banks, CBN set a 180-day deadline for financial

The Centre for the Promotion of Private Enterprise (CPPE) has urged the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to halt further interest rate hikes. Dr Muda Yusuf, Chief Executive Officer of CPPE, made the call

Trading on the Nigerian Exchange Ltd. (NGX) closed negatively on Monday – yesterday, February 17 – with investors losing N72.51 billion. The market capitalisation, which opened at N67.418 trillion, fell by 0.10% to close at N67.345 trillion. Similarly, the NGX All-Share Index

Small business owners in the Federal Capital Territory (FCT), say they are struggling to survive amid skyrocketing costs of electricity tariff, transportation and telecommunications. In separate interviews with the News Agency of Nigeria (NAN) on Sunday – earlier today, February 16

The National Association of Road Transport Owners (NARTO), has expressed fear over the Federal Government’s plan to ban 60,000 litres capacity tankers, following the rising cases of accidents involving fuel tankers. NARTO President, Yusuf Othman in an interview with the News

Socio-Economic Rights and Accountability Project (SERAP) has urged the Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, to use his good offices to, without further delay, “withdraw the patently unlawful, unfair, unreasonable and unjust increase in Automated Teller