Sustained Excellence Ecobank Transnational Incorporated has been honored with the coveted title of Africa’s Best Bank for Small and Medium-Sized Enterprises by the Euromoney Awards for Excellence for the second year in a row. This recognition serves as a testament to Ecobank’s consistent dedication to supporting and empowering SMEs across Continue Reading
Shallom Opara
Atiku Takes Legal Battle Against Tinubu to US Court
Fresh Lawsuit Filed Atiku Abubakar’s Special Assistant on Public Communications, Mr. Phrank Shaibu, has confirmed that Atiku has filed a fresh lawsuit against President Bola Tinubu before the United States District Court for the Northern District of Illinois. The new suit, marked No. 23-5099 (N. D. III.), is a significant Continue Reading
Central Bank’s Interest Rate Hike: Impact on Nigeria’s Housing Crisis
on people lacking access to decent and affordable housing, and the country facing a staggering 28 million housing gap. Mortgage Market Challenges The high-interest rates have significantly affected the mortgage market, leading to rising project costs, strained lender-borrower relationships, and limited affordability for potential homebuyers. The recent actions by the Continue Reading
Bullish Reversal Sets the Stage for Nigerian Exchange’s Green Day
Bullish Trading Return After a prolonged four-day bearish period, the Nigerian Exchange Limited witnessed a bullish resurgence, providing a glimmer of hope to investors. Positive Market Sentiments The market capitalization and All-Share Index both rose by 0.12 per cent, adding N41 billion to the market, reaching N34.973 trillion and 64,267.36, Continue Reading
CWAY Food and Beverages Celebrates Success and Partnerships: A Glance at the Distributor Engagement Programme
Recognition of Top-Performing Distributors CWAY Food and Beverages recently held its Distributor Engagement Programme in three regions of Nigeria – North-East II, North-Central, and North-West. The company took the opportunity to reward its top-performing distributors for their exceptional commitment to promoting CWAY products. Commitment to Building Strong Partnerships The Managing Continue Reading
Lasaco Assurance Plc Records Impressive Growth and Promises More in 2023
evealed that the shareholders’ fund witnessed a 15% rise, reaching N12.99 billion in 2022 compared to N11.3 billion in 2021. Significant Increase in Premium Income and Profit Lasaco Assurance Plc experienced a 4.7% growth in premium income, increasing from N13.28 billion in 2021 to N13.9 billion in 2022. Additionally, its Continue Reading
Nigeria Police Denies Undue Influence Allegations in Controversial Business Case
police stated that the investigation of Brezhnev by the Force Criminal Investigations Department, Lagos Annex, adheres to standard Police Investigative Procedure. Allegations of Illegal Arrest and Unlawful Detention Human rights activist and lawyer, Inibehe Effiong, representing Brezhnev, issued a press statement alleging illegal arrest and unlawful detention of his client. Continue Reading
Drama Unfolds as DSS Arrests Ikoyi Prison Official Amid Custody Battle Over CBN Governor”
flex-col gap-1 md:gap-3 lg:w-[calc(100%-115px)]”> High-Stakes Custody Battle The arrest of a top official from Ikoyi Prisons on the premises of the Federal High Court in Lagos State highlights a tense and high-stakes custody battle over the suspended Central Bank of Nigeria Governor, Godwin Emefiele. The tussle between the Department of Continue Reading
Exchange Rate Fluctuations: A Struggle for Nigerian Travellers
Impact of Floating Naira Exchange Rates The decision by the Nigerian apex bank to float the naira at the Investor’s and Exporters’ Window has led to a sharp depreciation of the currency, resulting in significant fluctuations in foreign exchange rates. This has greatly affected Nigerian travellers, particularly international students planning Continue Reading
Amnesty International Urges Transparent Investigation and Dignified Rest for #EndSARS Victims in Lagos
essed to the state Ministry of Health by the procurement agency. Demand for Independent Investigation and Autopsy Isa Sanusi, Amnesty’s Director of Information, emphasized the need for an independent investigation into the matter. Additionally, he demanded autopsies to be conducted on the victims’ corpses to shed light on the circumstances Continue Reading