Category Business

Govt approves recruitment of 3,927 Customs officers

Nigeria customs service logo

The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun has said that the contribution of the Nigeria Customs Service is crucial in actualising Nigeria’s proposed N48tn 2025 budget. Edun also revealed that the Federal Government has…

Travellers battle unending price hikes ahead of Christmas

Travellers at Motor Park

As Christmas approaches, Nigerians are grappling with a record-high transport inflation rate of 30.54 per cent in November 2024, according to the Consumer Price Index report by the National Bureau of Statistics. This figure, the highest recorded this year, highlights…

NYSC, 14 others plan N1.41bn insurance premiums

nysc

The National Youth Service Corps and 14 other ministries, departments, and agencies of government have planned about N1.41bn as an insurance premium in the 2025 appropriation bill that was presented by President Bola Tinubu, an analysis by The PUNCH has…

Ecobank warns against fraud during Yuletide

Ecobank-

Ecobank Nigeria has cautioned customers to be vigilant against fraudsters during the Yuletide while promising uninterrupted access to banking services through its digital platforms throughout the holiday season. In a statement on Monday, the Head of Consumer Banking at Ecobank…

Presco to complete new mill in 2025

Presco Plc, an oil palm producer in Nigeria, has announced plans to complete its new mill at Ato Estate by 2025 as part of its expansion strategy. Speaking during the company’s end-of-year party held recently in Benin-City, Edo State, the…

BPP unveils new scheme to combat procurement fraud

Adebowale Adedokun

The Bureau of Public Procurement has introduced a Beneficial Ownership Scheme to detect and eliminate fraudulent activities within the procurement process. Director-General of BPP, Dr. Adebowale Adedokun, announced this on Monday in a world press conference themed ‘Renewed Hope Through…

NCMI to boost market development

Nigerian Capital Market Institute

The Nigerian Capital Market Institute, the training subsidiary of the Securities and Exchange Commission, has reaffirmed its commitment to market development and investor education with the launch of its 2025 training calendar. Announcing the development in Abuja over the weekend,…

Ogun lawmaker supports constituents with trade tools

Ogun-State-Map

Ogun State House of Representatives member representing Ijebu Central Federal Constituency, Femi Ogunbanwo, has supported 1,500 constituents with trade tools. Ogunbanwo also reaffirmed his commitment to using his representation to facilitate projects and programmes that make life easier for the…

EIU projects improved Eurobond issuance in 2025

EIU

The Economist Intelligence has said that lower borrowing costs would encourage more Eurobond issuance in the New Year in the West African region. This was disclosed in the EIU’s Financial Services Outlook 2025 titled ‘The Great Easing,’ which was released…

CWT partners World Bank to empower women traders

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The Connecting One Million Women Who Trade initiative has partnered with the World Bank to empower one million women traders globally. The initiative, according to a statement on Sunday, was launched in Lagos to break gender barriers and foster economic…