Business

Africa’s Investable Capital for Infrastructure Now Over $4trl of Domestic Savings, Says AFC Report

AMA PRESS RELEASE Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, today publishes the most comprehensive and up-to-date picture of Africa’s investable capital landscape-revealing over $4 trillion of domestic savings in banking assets, institutional funds and reserves. The research in the 2025 edition of the State of Africa’s Infrastructure (SAI) Report underscores AFC’s conviction in […]

Read More
Business

Dangote Assures of Petrol Price Stability Amid Rising Global Crude Oil Price

Dangote Petroleum Refinery and Petrochemicals has assured consumers of price stability of her Premium Motor Spirit (PMS), commonly known as petrol although the price of crude oil of continues to fluctuate in the global market. In a statement signed  by the Group Chief Branding and Communications Officer, Anthony Chiejina, the company  said the decision to […]

Read More
News

Customs Technology Strides Progresses as  Form M Enters into B’Odogwu Portal

The Nigeria Customs Service (NCS) has successfully integrated the Form M process into the B’Odogwu Trade Portal through a pilot scheme across three commands. The pilot scheme was implemented at Port and Terminal Multiservices Limited (PTML), Tin Can Island Port, and Apapa Area Command. Spokesman Abdullahi Maiwada confirmed the development in a statement issued on […]

Read More
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
News
  • February 25, 2025

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
Dr Jumoke Oduwole
 Business
  • February 11, 2025

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
Olusegun Alebiosu, MD/CEO First Bank Plc
 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
Gov Ademola Adeleke
 News

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