Category Business

Oil production hits 1.7mbpd – FG

Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri

The Federal Government has declared that Nigeria’s oil production, including condensates, increased by 9.9 per cent to 1.69 million barrels per day in November 2024, up from 1.538mbpd recorded in October 2024. According to the latest data released by the…

Equity market posts N184bn gain

Nigerian-Stock-Exchange

The Nigerian Stock Exchange closed with a market capitalisation of N59.7tn on Wednesday, reflecting a gain of N184bn in total market value. In terms of market indices, the All-Share Index gained 0.31 per cent, closing at 98,509.68 points. The ASI…

What Nigerians are buying this festive season

With the year nearing its end, Nigerians are gearing up for the festive season, a time of celebration, reflection, and generosity. From food and drinks to travel and holiday decorations, the season presents an opportunity for businesses to thrive as…

Emuwa partners IRO Lagos on Christmas party

A renowned Chef and founder of Obi Bakes It, Obi Emuwa, has partnered with the founder of IRO Lagos, Lara Afun, to host a Christmas tasting party. The event, held at IRO Lagos’s office in Ikoyi on Sunday, showcased a…

Institute lauds Continental Re for ICT donation

Continental Reinsurance Plc

The Chartered Insurance Institute of Nigeria appreciated Continental Reinsurance Plc for its N62m donation to establish an ICT facility at the College of Insurance & Financial Management. The commendation was made during a formal cheque presentation at Continental Re’s office…

Compensation process lacks transparency, says Surveyours

Lagos-Calabar highway

The Nigerian Institute of Quantity Surveyors has stated that the Lagos-Calabar Coastal Highway compensation process lacked transparency. The Chairman of the Nigerian Institute of Quantity Surveyors, Lagos Chapter, Olarewaju Farotimi, said the compensation process was shrouded in secrecy. He disclosed…

Dangiwa to inspect Lagos housing projects

AHMED DANGIWA

The Minister of Housing and Urban Development, Ahmed Musa Dangiwa, will be embarking on a working visit to Lagos to inspect ongoing Renewed Hope Housing Projects and engage stakeholders on land administration. A statement by the Lagos Controller, Federal Ministry…