BUSINESS219 Videos

SEC TO UNVEIL RECAPITALISATION FRAMEWORK FOR BANKS

The Securities and Exchange Commission has announced plans to release a framework that will guide the capital market in the proposed recapitalisation exercise by banks. The acting Director General of the SEC, Emomotimi Agama, disclosed this during a meeting with the executives of the Institute of Capital Market Registrars in Abuja on Friday. He stated […]

SEC TO UNVEIL RECAPITALISATION FRAMEWORK FOR BANKS

GUINESS NIGERIA PLC has reaffirmed its commitment to women’s empowerment and economic development through the successful conclusion of the Plan W training recap and asset handover ceremony, which held in Ibadan, recently. The event marks a significant milestone in the company’s ongoing mission to foster economic empowerment and social progress among women across Nigeria. Speaking […]

LG TO EMPOWER YOUTH WITH SKILLS

Electronics manufacturing company, LG, has announced plans to empower Nigerian youths with the requisite skills vital for installation, repairs general maintenance, and after-sales services. The Head of Marketing, West Africa Operations of LG, Hari Elluru, stated that LG currently has a training academy at the University of Lagos where students are being trained on new […]

The Monetary Policy Committee (MPC) of the Centeal Bank of Nigeria has raised interest rate benchmark in an aggressive tightening spree for the third time since Olayemi Cardoso took office as governor of the apex bank. At the end of its two-day meeting on Tuesday, 12 members of the MPC voted to raise the MPR by […]

100TH ANNIVERSARY: TOTAL ENERGIES TO EMPOWER 100 AFRICAN STARTUPS

TotalEnergies is set to empower 100 startup businesses from 32 African countries of presence, in the 4th edition of the ‘Startupper of the Year Challenge’ to celebrate its 100th anniversary. General Manager, TotalEnergies Country Services, Dr Adesuwa Adewole, stated that the 4th edition of the challenge reaffirms TotalEnergies’ commitment to promoting innovation and entrepreneurship and […]

MORE CUSTOMERS, BUSINESSES OPPOSE CYBERSECURITY LEVY

In a growing backlash against the recently implemented 0.5% cybersecurity levy, an increasing number of customers and businesses are voicing their opposition to the new levy. Recall that the Central Bank of Nigeria (CBN) in a circular on Monday directed commercial banks and other financial institutions to start charging 0.5 per cent cyber security levy […]

IKEJA ELECTRIC REDUCES TARIFF FOR BAND A CUSTOMERS

In a move aimed at providing relief to its customers, Ikeja Electric Distribution Company (IE) has announced a significant reduction in electricity tariff for customers under Band A category. Effective May 6, 2024, customers in this category will now pay N206.80/kWh, down from the previous rate of N225/kWh as stipulated by the Nigeria Electricity Regulatory Commission (NERC). […]