bridging information and transformation
The local equities market snapped its weekly winning streak, closing lower by N713 billion week-on-week for the first time in 12 weeks. Specifically, the benchmark NGX All-Share Index depreciated by 0.77 per cent week-on-week to close at 144,628.20 points. Also, the market capitalisation dropped by N713 billion to close the week at N91.502 trillion. The […]
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has confirmed the execution of a purchase agreement between Nedbank Group Limited and Bosquet Investments Limited, Alain Nkontchou’s private investment vehicle, for the acquisition of a 21.22 per cent stake in ETI. The Group stated this in a statement signed by its Company secretary, […]
Enterprise Development Centre(EDC), Pan-Atlantic University has partnered with eTranzact International, hence advocating Artificial Intelligence (AI) adoption for the growth of Nigerian Small and Medium Enterprises (SMEs) in the country. A report titled ‘Artificial Intelligence Readiness of Nigeria SMEs,’ launched at the EDC head office in Ajah, Lagos, over the weekend, highlighted AI’s transformative power and […]
The Infrastructure Concession Regulatory Commission (ICRC) has introduced revised guidelines for Private Public Partnership (PPP) projects in Nigeria, setting clear approval thresholds of N20 billion for Ministries and N10 billion for Agencies and Parastatals. The commission said the new framework, released under the statutory powers conferred on the commission by the ICRC Act, 2005, and […]
As part of activities to mark its 35 years anniversary, Zenith Bank Plc has awarded commemorative awards and plaques to pioneer customers and long-serving staff, who have served meritoriously for 25 years and above in recognition of their immense contributions to the success of the bank. Speaking at the, commemorative dinner, group managing director and […]
The Senate Committee on Capital Markets and Institutions, in collaboration with the Securities and Exchange Commission (SEC), is set to host a national stakeholders summit on Municipal Bonds and Sukuk for local government Infrastructural Development. The summit, scheduled for September 29 and 30, 2025, in Uyo, Akwa Ibom State, aims to explore how municipal bonds […]
To bolster regulatory effectiveness and enhance governance standards, a high-level national conference and workshop on “Regulating for Global Standards and Best Practices” will be held from August 28 to 29, 2025, at the Public Service Institute of Nigeria, Kubwa, Abuja. The event, organised by Allied Bond Consulting in collaboration with PIFS Conferences and Seminars, was […]
With inflation slowing further to 21.88 per cent in June, analysts have projected that Nigeria’s headline inflation may extend its downward trend into August, supported by sustained naira stability, easing energy prices and seasonal improvements in food supply. According to the National Bureau of Statistics (NBS), headline inflation fell to 21.88 per cent in July […]
Despite the much-anticipated rollout of Dangote Refinery’s direct distribution of petrol and diesel, the initiative has not commenced as scheduled. This is as key petroleum products marketers are poised for an emergency meeting amid mounting uncertainty over the commencement of Dangote Refinery’s much-anticipated direct distribution of fuel products. Recall that Dangote Refinery had announced that […]
The chairman of the Kaduna State Internal Revenue Service (KADIRS), Jerry Adams, has said the administration of Governor Uba Sani has, for the first time, modernised tax laws to meet global standards. Speaking with journalists during the Kaduna by-elections held at the weekend, Adams said the tax reforms were designed to strengthen internally generated revenue […]