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Business

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According to FMDA, capital market inflows will reach N10.53 trillion in May.
Posted inBusiness

According to FMDA, capital market inflows will reach N10.53 trillion in May.

According to projections made by the Financial Markets Dealers Association (FMDA), inflows into Nigeria's financial system are anticipated to reach N10.53 trillion in May 2026. According to the association's April…
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Posted by admin May 8, 2026
16 ships show up Lagos ports carrying crude oil, gasoline, and other
Posted inBusiness

16 ships show up Lagos ports carrying crude oil, gasoline, and other

Vessels carrying food, industrial cargo, and petroleum products continue to arrive at two of the country's main maritime gateways, indicating that commercial shipping activities have remained strong throughout Lagos ports.…
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Posted by admin May 8, 2026
FirstHoldCo maintains its robust Q1 momentum with gross earnings of N942 billion.
Posted inBusiness

FirstHoldCo maintains its robust Q1 momentum with gross earnings of N942 billion.

Yesterday, First HoldCo Plc. released its audited results for the fiscal year that concluded on December 31, 2025. The company reported N3.4 trillion in revenue for the entire year, driven…
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Posted by admin May 8, 2026
“29 states have not yet fully implemented the pension plan.”
Posted inBusiness

“29 states have not yet fully implemented the pension plan.”

Although 29 states have not yet fully implemented the Contributory Pension Scheme (CPS), the National Pension Commission (PenCom) has stated that it is working to increase the scheme's uptake among…
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Posted by admin May 8, 2026
As uncredited RSA contributions reach N29.8 billion, pension operators tighten their grip.
Posted inBusiness

As uncredited RSA contributions reach N29.8 billion, pension operators tighten their grip.

As uncredited pension contributions approach N30 billion, operators in Nigeria's pension sector have increased their efforts to guarantee data integrity and compliance for holders of Retirement Savings Accounts. According to…
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Posted by admin May 4, 2026
Due to a positive outlook for earnings, Jaiz Bank’s shareholders saw a 107% increase.
Posted inBusiness

Due to a positive outlook for earnings, Jaiz Bank’s shareholders saw a 107% increase.

As investor confidence in the bank's earnings outlook continues to grow, shareholders of Jaiz Bank Plc recorded an impressive 107% gain in the first four months of the year, greatly…
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Posted by admin May 4, 2026
The SEC authorises Coinage to function as a fund/portfolio manager.
Posted inBusiness

The SEC authorises Coinage to function as a fund/portfolio manager.

The Securities and Exchange Commission (SEC) Nigeria has authorised Coinage Fund Management Ltd. ("Coinage Fund"), an investment management company with a focus on Africa, to function as a Fund/Portfolio Manager.…
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Posted by admin May 4, 2026
FG supports an Abuja clothing factory to reduce imports
Posted inBusiness

FG supports an Abuja clothing factory to reduce imports

In an effort to lessen Nigeria's excessive reliance on imported apparel and promote industrialisation, the Federal Government has thrown its support behind a recently opened clothing factory in Abuja. The…
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Posted by admin April 30, 2026
Posted inBusiness

The survival of small businesses is threatened by funding and execution gaps.

According to JUSTICE OKAMGBA, poor execution, poor cash discipline, poor sales capability, and founders becoming a growth barrier are the main causes of business failure rather than a lack of…
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Posted by admin April 30, 2026
Posted inBusiness

As Dangote raises prices, gasoline approaches N1,400 per litre.

As the United States and Iran are unable to reach an agreement on a ceasefire that would allow the Strait of Hormuz to reopen, the price of Premium Motor Spirit…
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Posted by admin April 30, 2026

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