Business & Economy - Page 88

The Nigerian stock market opened the week on a positive note to add N795 billion to the portfolios of investors. The performance was driven by the listing of 4.706 billion ordinary shares of Guaranty Trust Holding Company Plc(GTCO) at N44.50 per

The International Finance Corporation (IFC) has signed an agreement with five Distributed Renewable Energy (DRE) companies to support the rollout of mini-grid projects across Nigeria. The agreement was signed at the ongoing Mission 300 Africa Energy Summit in Dar es Salaam,

The growing presence of mid-level investors in the Nigerian capital market is crucial for boosting market liquidity, Olatunde Amolegbe, Managing Director and Chief Executive Officer of Arthur Stevens Asset Management Ltd. has said. He was speaking on Monday – yesterday, January 27

The 60th President of the Institute of Chartered Accountants of Nigeria (ICAN), Davidson Chizuoke Alaribe, led a delegation of ICAN Governing Council members on a courtesy visit to the Nigeria Deposit Insurance Corporation (NDIC) management in Abuja. During the meeting, the

Risevest, a popular investment platform, has responded to a recent warning issued by the Nigerian Securities and Exchange Commission (SEC) against its operations. The warning claimed that one of Risevest’s subsidiaries, Risevest Cooperative Multipurpose Society Limited, is not “authorised to

Reps query agency over N32m proposal for meal The Nigeria Extractive Industries Transparency Initiative (NEITI) has said it is collaborating with the Economic and Financial Crime Commission ( EFCC) to recover  six billion dollars and another N66 billion oil debt owed

The National Youth Service Corps (NYSC) has urged corps members to utilise the opportunities provided by the scheme through the Skills Acquisition and Entrepreneurship Development (SAED) to become job creators, as the era of waiting salaried jobs at the end of the national service

The Abuja Chamber of Commerce and Industry (ACCI) has called on the Federal Government to streamline regulatory frameworks to eliminate overlapping and complex processes that burden businesses. ACCI’s Director-General, Mr Agabaidu Jideani, made the call while speaking on possible ways to

The Cross River, FTZ and Akwa Ibom Command of the Nigeria Customs Service generated 44, 784, 396, 813.00  between January and December 2024. The figure represents a 31.97% increase when compared with the command’s 2023 result which stood at 19, 488, 472,

Securities and Exchange Commission (SEC) has warned the public against engaging in any investment-related transactions with Risevest (Victoria Island) Cooperative Multipurpose Society Ltd. and Stecs (Alausa) Multipurpose Cooperative Society. The commission, in a circular issued on Sunday, said that neither of