< 1 mn read The Presidential Compressed Natural Gas Initiative (P-CNGi) is calling on Nigerians to seize the initiative’s benefits to alleviate economic challenges while aiming to convert one million vehicles to CNG by 2027. During a CNG kit distribution event in Lagos, Omoh Imouchuede, Head of Commercial Operations at P-CNGi, emphasized the necessity of widespread acceptance to achieve […]

< 1 mn read The Central Bank of Nigeria (CBN) has reconstituted the board of Keystone Bank Limited to enhance the bank’s operations. Ada Chukwudozie has been appointed as the board chairman, with Abdul-Rahman Esene, Fola Akande, Akintola Ayodeji Olusoji, Obijiaku Samuel, and Farouk Bello joining as non-executive directors. Ladi Oluwole and Abubakar Usman Bello have been appointed as […]

< 1 mn read On Wednesday, the equity market continued its bullish trend, adding N314 billion to investors’ portfolios. The market capitalization rose from N56.133 trillion to N56.447 trillion, reflecting a 0.56 percent increase. The All-Share Index also advanced by 0.56 percent, or 545 points, closing at 98,230.92 points compared to 97,685.64 points on Thursday. The market’s positive performance […]

2 mn read In commemoration of its fifth anniversary, Treepz, Africa’s leading corporate mobility startup, has marked significant progress in the continent’s transportation sector. The company is renowned for its innovative solutions aimed at addressing the prevalent transportation challenges across Africa. PARTNERSHIPS AND EXPANSION Treepz has forged partnerships with leading companies, including Parallex Bank and KingMakers (owners of […]

2 mn read A major challenge in Africa’s financial inclusion efforts is the significant number of unbanked individuals who lack access to financial services. According to the World Bank, over 1.6 billion adults globally are unbanked, meaning they do not have protection for their money from theft or loss and have never been exposed to financial products such […]

< 1 mn read Timur Kulibayev, born September 10, 1966, in Almaty, Kazakhstan, is a prominent Kazakh entrepreneur, executive, and public figure. He has significantly impacted the business environment in Kazakhstan and introduced innovative management practices to large holding companies. Kulibayev holds a Ph.D. in Economics from Moscow State University, specializing in national economic planning. CONTRIBUTIONS TO BUSINESS ENVIRONMENT […]

< 1 mn read The Central Bank of Nigeria (CBN) has highlighted potential risks to the growth of external reserves for 2024/2025, citing fuel subsidy removal, increased import bills, and rising external debt servicing obligations. These factors could impact the accumulation of external reserves. Despite these risks, the CBN remains optimistic about overall economic growth, driven by ongoing policy […]

2 mn read Nigerian Breweries Plc has announced that it will use the proceeds from its ongoing N599.1 billion Rights Issue to eliminate foreign exchange-related expenses and reduce bank borrowings. At the “Fact Behind the Rights Issue” event on the Lagos floor of the Nigerian Exchange (NGX) Limited, Mr. Hans Essadi, Managing Director/CEO of Nigerian Breweries Plc, detailed […]

2 mn read On the OyaNow platform, users can order from their favorite stores and have items delivered directly to their doorsteps, eliminating the need to deal with traffic or go out for necessities like food and medicine. Simply log onto the platform to find what you need. THE OYANOW VISION OyaNow’s founding vision is to become the […]

< 1 mn read On September 12, Xiaomi introduced several new products, continuing its tradition of innovation and user-focused design. Here’s a closer look at their latest offerings: REDMI 14C SMARTPHONE DISPLAY: 6.88-inch screen for vibrant visuals DESIGN: Sleek and stylish CAMERA: 50MP AI Dual Camera for high-resolution photos BATTERY: 5160mAh for extended use CHARGING: 18W Fast Charging VARIANTS: […]

2 mn read The Nigerian National Petroleum Company Limited (NNPC Ltd.) has published the estimated prices of Premium Motor Spirit (PMS) sourced from the Dangote Refinery, which will be available at its retail stations nationwide. According to NNPC Ltd., the price it paid for PMS in September 2024 is ₦898 per litre. Clarifying the Pricing Conflict This announcement […]

< 1 mn read Governor Douye Diri of Bayelsa has called on Oando Energy Resources Nigeria Limited to take responsibility for the liabilities associated with its recent acquisition of the Nigerian Agip Oil Company (NAOC). Governor’s Request During Courtesy Visit Diri made this appeal on Friday during a courtesy visit by Oando Energy’s management team in Yenagoa. He emphasized […]