In December 2015, the share price of First Bank of Nigeria Limited was trading around N4.8 band. About seven years later, precisely last December, the value held tightly to N15, growing by over threefold amid general asset and economic doldrums. The steep rise in the valuation of the financial institution deviates remarkably from the average performance of FUGAZ, an acronym ... Read More »

The Presidency has announced eight advisers to assist President Bola Tinubu in the running of the administration. In a statement by State House Director of Information, Mr Abiodun Oladunjoye, the media of the President will be headed by Mr Dele Alake, who has been made Special Adviser to the President on Special Duties, Communications and Strategy. Other appointments include Mr. ... Read More »

…Market-driven currency regime excites financial experts The Central Bank of Nigeria (CBN) yesterday unified all exchange rates within the economy into the Investors and Exporters (I&E) window. In a circular to authorised dealers signed by CBN Director, Financial Markets, Angela Sere-Ejembi, the regulator said all exchange rate segmentation is “abolished with immediate effect”. The CBN said all segments of the ... Read More »

It was a beehive of activities and funfair at Ecobank Adire Lagos E xperience which took place over the weekend at the sprawling Ecobank Pan African Center (EPAC), Lagos. The 3-days Adire exhibition which is the second edition according to the bank is to promote culture, tourism, Micro, Small and medium Enterprises (MSMEs) to benefits from the African Continental Free ... Read More »

–R; Chief Digital Officer, Wema Bank, Olusegun Adeniyi; Executive Director, Retail and Digital Business, Wema Bank, Tunde Mabawonku; Co-Founder, HealthTech Startup, Emergency Response Africa, Folake Owodunni; Founder, EdTech Startup, Dozzia, Mubarak Robyn; Head Innovation, Wema Bank, Solomon Ayodele and Chief Information Officer, Wema Bank, Adeoluwa Akomolafe, Read More »

President Bola Tinubu is meeting newly inaugurated President of the Senate, Senator Godswill Akpabio. Also in the President’s office are Imo Governor and chairman technical committee on the APC Senate election Hope Uzodinma. He is accompanied by Lagos Governor Babjide Sanwo-Olu and former Kano Governor Abdullahi Ganduje. President Tinubu earlier in the morning hosted former President Goodluck Jonathan in his ... Read More »

Guinness World Records on Tuesday announced Hilda Baci the new record holder for the longest cooking by an individual. The GWR in a statement on its website, said, “Following a thorough review of all the evidence, Guinness World Records can now confirm that Hilda Effiong Bassey, better known as Hilda Baci, has officially broken the record for the longest cooking ... Read More »

Senator Godswill Akpabio has been sworn in as the Senate President. He took the oath of office shortly after he was elected. The Clerk to the National Assembly Sani Tambuwal swore in at exactly 9: 45am. Read More »

President Bola Tinubu has signed the Students Loan Bill into law. The President’s media team led by Mr Dele Alake, a member of the Presidential Strategic Team, announced this to reporters in Abuja. According to Alake, who was accompanied by other members of the media team, including Tunde Rahman and Abdulaziz Abdulaziz and the Permanent Secretary, Ministry of Education, David ... Read More »

President Bola Tinubu has appealed to Nigerians to bear with his administration on its decision to implement the fuel subsidy removal of the last administration, assuring them that it is a decision that will save the country from collapsing. President Tinubu made the appeal in his Democracy Day speech on Monday morning, explaining that the decision would help Nigeria to ... Read More »