Business

Presidency Drops Remita as Revenue Collection Platform, as New Treasury Digital Platform Goes Live

The Nigerian Government has dropped the Remita platform previously used for revenue collection, and has replaced it with the Treasury Management and Revenue Assurance System (TMRAS). This launch of TMRAS system ends the business of Remita with the Government, as the new system intends to improve the management of federal revenue collections and payments among […]

Read More
Business

Dangote Harps on Impact of Advanced Technology on Industrialization, Pledges Sustain Deployment

The Dangote Industries Limited has instituted a plethora of cutting-edge technology in creating top-notch efficiency for all its companies. Speaking at the just concluded 46th Edition of the Kaduna International Trade Fair, Senior Advisor to the President of the Dangote Group, Fatima Wali Abdurrahman, said the digitization exercise is a sustained endeavour, adding that it […]

Read More
Business

Nigeria is Leading Africa’s Digital Trade Revolution, Says  Jumoke Oduwole

AMA PRESS RELEASE Africa’s digital trade and trade in services landscape has witnessed significant growth in recent years. Indeed, digital trade is transforming the continent’s economic landscape, creating new opportunities for real economic growth, productive job creation, and poverty reduction. This important shift has occurred as the African Continental Free Trade Area (AfCFTA) Agreement and […]

Read More
News

More Chinese, Filipino in EFCC Net for Alleged Cybercrime Appear in Court

The Economic and Financial Crimes Commission (EFCC) has arraigned another set of foreigners comprising Chinese and Filipino nationals before the Federal High court in Lagos on charges of cybercrimes, cyber-terrorism, possession of documents containing false pretence, identity theft, among others. The foreigners were separately arraigned before four justices of the court; Justice Olayinka Faji, Justice […]

Read More
Economy

Don’t Invest in Risevest & Stecs, SEC Warns Nigerians 

The Securities and Exchange Commission (SEC) has warned Nigerians against engaging in any investment-related transactions with Risevest (Victoria Island) Cooperative Multipurpose Society Limited and Stecs (Alausa) Multipurpose Cooperative Society, commonly known as Stecs. The SEC in a circular issued in Abuja disclosed that neither entity is registered or authorised to operate in the capital market. […]

Read More
Business

Dangote Cement, FBN Holdings, others Lift Equity Market by N53bn

The equity market rebounded on Thursday from its previous session’s loss, gaining N53 billion. Investor interest in key stocks such as Dangote Cement, FBN Holdings, Guaranty Trust Holding Company, GTCO, and Fidelity Bank, alongside other advancing equities, contributed to the market’s positive performance. The market capitalisation increased by N53 billion, or 0.09 per cent rising […]

Read More
Business

Osun Takes Lead Creative Economy Initiatives, Set to Host  2025 SDG Conference

Creativity, innovation, and culture will take centre stage as the Osun State SDG Creatives Conference 2025 kicks off from 28th to 30th January at the SDG Skill Acquisition Centre in Iragbiji, Osun State Themed “Innovate, Create, and Transform: Unlocking the Creative Economy for Sustainable Development,” the event aims to highlight the vital role creativity plays […]

Read More
Business

First Bank Nigeria Spreads Footprint Deeper Across Africa Targeting Ethiopia, Angola & Cameroon

More than a decade after an acquisition spree that boosted its footprint in sub-Saharan Africa, First Bank of Nigeria Limited is looking to expand into several other countries, including Ethiopia, Angola and Cameroon. Deputy Managing Director, Ini Ebong, said in an interview that “There are a number of large economies with large banking pools that […]

Read More
Business

Mauritius Lender, MCB Expands Deeper into Nigeria’s Economy, Appoints New Representative Officer 

MCB (Mauritius Commercial Bank) a financial institution is deepening its presence in Nigeria with the appointment of a Nigerian, Abiodun Azeez as our new Representative Officer MCB brings  Azeez an expert with  a wealth of experience in the banking sector and a deep understanding of the African market, to strengthen MCB’s presence in Nigeria and […]

Read More
News

Manufacturers Drum Support for Dangote Refinery, Says Govt’s Backing will Encourage Investments in Downstream

Manufacturers Association of Nigeria (MAN) have solicited the support of both Nigerians and the government for Dangote Refinery, to enable it to perform optimally. The support they canvassed will also serve as an impetus for other investors to invest in the downstream sector of the petroleum industry in the country. The President of MAN, Otunba Francis […]

Read More