Custodians of Truth
The Minister of Solid Minerals Development, Dr. Dele Alake, has reaffirmed the government’s commitment to transforming Nigeria into a global mining hub through strategic reforms and investments in the solid minerals sector. Speaking at the opening of the 2024 Nigeria […]
The Federal Government of Nigeria has projected a significant rise in its personnel costs, estimating an increase of at least 60% for the year 2025. This surge is attributed to the recent implementation of a new national minimum wage and […]
The Nigerian Exchange witnessed a bullish trend this past week, resulting in investor gains of approximately N295 billion, despite a reduction in trading activities. This positive performance follows two straight weeks of losses, with the All-Share Index’s year-to-date standing at […]
The Nigerian Bottling Company (NBC) has teamed up with Women in Management, Business, and Public Service (WIMBIZ) to support female entrepreneurship, culminating in the award of a N1 million grant to Achiv Ngusurun, a pastry chef and entrepreneur. This recognition […]
The Central Bank of Nigeria (CBN) has launched three major initiatives aimed at enhancing financial inclusion across the country. These initiatives were introduced during the second edition of the International Financial Inclusion Conference (IFIC), held in Lagos under the theme […]
On Monday, the U.S. dollar saw a decline as investors moved away from positions that had gained from the anticipation of a potential victory by former President Donald Trump in Tuesday’s election. Vice President Kamala Harris has gained ground in […]
The World Bank has joined forces with DO Take Action, a prominent non-profit startup dedicated to sustainable development in Africa, to introduce an innovative initiative aimed at empowering women entrepreneurs in Nigeria. Precious Ebere, Co-Founder of DO Take Action, announced […]
First Bank has revealed plans to shift to a cloud-based procurement and financial platform as part of its efforts to boost operational efficiency and enhance service delivery. The migration is set to start on Saturday, October 26, 2024, and could […]
The Central Bank of Nigeria (CBN) has extended the suspension of processing fees on large cash deposits until March 31, 2025. With this extension, cash deposits over N500,000 by individuals and N3 million by companies will continue to be exempt […]
Asian markets opened the week with mixed performances on Monday as traders reacted to China’s central bank interest rate cuts aimed at revitalizing the country’s slowing economy. Despite gold hitting a record high amid geopolitical concerns, the optimism from Wall […]