Lekki Free Zone Partners Tech Firm, Gluwa, On Blockchain
The Lekki Free Zone Development Company says it is in talks with a blockchain technology company, Gluwa, to digitalise trading among new and existing Free Zone enterprises.
Access Corporation Gets CBN’s Approval Of Payment Company
Access Corporation has gotten the approval of the Central Bank of Nigeria as a payment company, OduNews reports.
Elumelu Expresses Worry Over Imminent Global Recession
Chairman of United Bank of Africa (UBA) Plc, Tony Elumelu, has expressed his worry about the impacts of an imminent global recession.
NASD OTC Market Opens Week In Positive Territory
The NASD Over-the-Counter Securities Exchange went back to positive territory on Monday after recording repeated losses last week.
Investors Lose N19bn As NGX All Share Index Dips By 0.07%
Trading on the floor of the Nigerian Stock Exchange (NGX) Limited went south on Monday resulting in investors losing N19 billion.
Dangote, Bill Gates, Zuckerberg To Grace Nigeria’s Investment Forum In New York
The Nigerian government in collaboration with the Africa Business Roundtable is organising the second edition of the Nigeria International Economic Partnership Forum (NIEPF) in New York, United States.
Unlisted Securities Exchange Market Cap Slides To N975.57bn
The NASD Over-the-Counter Securities Exchange recorded a 0.02% loss by the end of trading on Thursday causing the market capitalisation to fall further to N975.57 billion.
China’s Xi Jinping Meets Putin, Expresses Concerns Over Ukraine War
Russia's President Vladimir Putin says his Chinese counterpart Xi Jinping expressed concerns over the country's ongoing war in Ukraine.
Banks Deposits Hit N42trn In H1’22
Total deposits in Nigerian commercial banks rose to N42 trillion in the first half of 2022, OduNews reports.
NGX, Stanbic IBTC To Host Securities Lending Forum
The Nigerian Stock Exchange Limited in collaboration with Stanbic IBTC will host a virtual Securities Lending Forum on September 20th, 2022.
NNPC, Morocco, ECOWAS To Sign MoU On 7,000km Gas Pipeline Project
The Nigerian National Petroleum Commission Limited and the Moroccan government will sign a Memorandum of Understanding on a 7,000km gas pipeline project on Thursday.
Barclays Expands Private Banking Services To Nigeria, Kenya, South Africa
Barclays says it is expanding its private banking services to Africa as it eyes the continent's $2 trillion net worth.
Africa Loses About 15% Of GDP Per Capita Growth To Climate Change
African countries lose between 5% and 15% of their Gross Domestic Product to climate change annually, OduNews reports.
“Come To My Aid And Save My Life” – Ekweremadu’s Daughter Begs Public For Kidney Donor
Sonai Ekweremadu, daughter of embattled former deputy President Ike Ekweremadu, has begged the public for kidney donation.
CBN Pumps $7.6bn Into Forex Market In Five Months
The Central Bank of Nigeria says it injected $7.6 billion into the economy through the forex markets in a bid to stabilise the naira.
Amidst Ukraine War, Nigeria Imports From Russia Rise By 143% In Q2 22
Despite the ongoing Ukraine war, Nigeria's imports from Russia rose by 143% in the second quarter of 2022, OduNews reports.
Nigeria’s Company Income Tax Hits N704.40bn In 2Q22
Nigeria's company income tax increased by 29.53% to N704.40 billion in the second quarter of 2022 from N551.53 billion it recorded in the corresponding period in 2021.
Nigeria Oil Revenue Dips Further As Global Oil Price Plunges Below $90PB
The global oil benchmark, brent crude oil, fell below $90 per barrel on Wednesday, signaling a further dip in Nigeria's oil revenue.
Google Shortlists 23 Nigerian Startups, Others For $4m Funding Support
Google has shortlisted 60 African startups with 23 being from Nigeria for to have a share of the $4 million in funding support to assist their companies to expand to other regions.
Sterling Bank Unveils Digital Loan For Businesses
Sterling Bank Plc has unveiled a one-stop digital solution for corporate credit solutions, particularly for business and corporate enterprises.