Business

SEC slashes costs of raising funds from capital market

The Securities and Exchange Commission (SEC) has approved the reduction in the transaction costs of raising funds from the capital market. Speaking on the development ...

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Taxigo enters Nigeria ride-hailing market

Europe-based firm, Taxigo, has launched into the Nigeria ride hailing space, thus widening transportation options for millions of taxi fans in the country. According to ...

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FBNQuest Merchant Bank introduces Notore Chemical Ind. Ltd to lead listing on NSE

FBNQuest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc recently acted as Lead Financial Adviser & Issuing House on the ...

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Jumia, HP to provide 15 students with N3.7m educational scholarships as schools resume

Jumia, Nigeria’s number 1 online shopping destination, has partnered with Hewlett-Packard (HP) to award N3,700,000 worth of educational scholarships to 15 students who are between ...

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RAK Unity Petroleum intensifies efforts to boost sales

…gets shareholders’ approval to pay dividend RAK Unity Petroleum Company Plc is determined to achieve its strategic objectives by driving growth inorganically through a merger ...

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CBN directs banks to give loans to agric, manufacturing sectors at 9%

The Central Bank of Nigeria (CBN) will be refunding Cash Reserve Ratio (CRR) to banks that fund projects in agriculture and manufacturing sectors, its Director ...

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Overland Airways begins flight services from Lagos to Cotonou

Nigeria’s frontline airline, Overland Airways on Sunday, August 12, 2018 began flight services from Lagos to Cotonou, the Republic of Benin. The inaugural flight was ...

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UAE Exchange, Unimoni waive service fee on remittances to Kerala Distress Relief Fund

Leading money transfer, foreign exchange and payment solutions brands, UAE Exchange and Unimoni, have waived service fee on remittances to Kerala Chief Minister’s Distress Relief ...

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Inflation records 18th consecutive decline to 11.14% – NBS

The National Bureau of Statistics (NBS) on Wednesday released the Consumer Price Index which measures inflation with the index dropping by 0.09 per cent points ...

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Currency swap deal will prevent importation of substandard products — CBN

The Central Bank of Nigeria (CBN) on Wednesday said it was not possible for any importer to bring in substandard products into the country under ...

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