Business

Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings Plc, has urged individuals to invest wisely, especially as the COVID–19 pandemic has adversely affected the global economy and traditionally viable instruments. It also advised them on the need to always conduct due diligence before making any investment and verify …

Lafarge Africa Plc, a leading Sub-Saharan Africa building solutions company is a member of the Holcim Group, a world leader in innovative and sustainable building solutions accelerating our world’s green transformation. We believe that organizations can only fully thrive and achieve their business goals if they contribute to meeting the …

Oil and gas firms led the upturn in the stock market on Monday as investors gained N94.04bn at the end of trading on the floor of Nigerian Exchange Limited. The NGX All-Share Index appreciated by 0.47 per cent on Monday closing at 38,849.08 basis points from 38,667.90 earlier. The market …

Unilever Nigeria Plc has said its gross profit rose by 60 per cent to N9.9bn for the six-month period ended June 30, 2021 from N6.2bn in the corresponding period of 2020. It disclosed this on Sunday in a statement released on its unaudited interim report for the period, titled ‘1H …

The price of Liquefied Petroleum Gas, also known as cooking gas, has skyrocketed to a record high of N500 per kilogramme, forcing some Nigerians to turn to alternatives such as charcoal, kerosene and firewood amid high unemployment and poverty levels in the country. The price of cooking gas has risen …

The Economic Community of West African States on Thursday called on tax agencies in Nigeria and other countries within the region to focus on domestic revenue mobilisation to be able to tackle current realities. The ECOWAS Director (Trade, Customs Union), Tiemtore Salifou, stated this in Abuja at the opening session …

The Federal Executive Council on Wednesday approved the award of a contract to Dangote Industries for the construction of five roads totaling 274.9 km at the cost of N309.9bn to be advanced to the company as tax credit. Minister of Works and Housing, Babatunde Fashola, disclosed this while briefing State …

The Nigeria Football Federation is set to publish a quarterly magazine that will detail the events, activities and programmes of the federation, the national teams and other key aspects of Nigerian football. The magazine will be known as NFF News, the federation said. Mohammed Sanusi, General Secretary of the federation, …

Nigeria received about $8.4bn investment announcements as at 4th March 2021, out of which $5.46bn were pledged by foreign investors. The remaining $2.08bn was promised by domestic investors, statistics obtained from the Nigerian Investments Promotion Commission showed. The sum pledged by foreign investors in Q1 2021 is 27.5 per cent …

The Corps Marshal, Federal Road Safety Corps, Dr Boboye Oyeyemi, has ordered the commencement of computer-based tests for fresh applicants of the national driver’s license. This was contained in a statement released on Thursday titled, ‘Creating a safer road use culture and enhancing the integrity of the national driver’s license: …