Money

Brokerage giants drive N1.1trn NGX trades in Q2 2025

DailyTimesNGR DailyTimesNGR 14 July 2025 0

BY TEMITOPE ADEBAYO Ten brokerage firms facilitated transactions valued at N1.112 trillion on the Nigerian Exchange (NGX) in the second quarter (Q2) of 2025. This was contained in the Broker Performance Report from April 1, 2025, to June 30, 2025, on the Nigerian Exchange (NGX). The total value

Money

GTCO raises capital, lists 2.29bn new shares on NGX

DailyTimesNGR DailyTimesNGR 14 July 2025 0

BY MICHEAL AJAYI Guaranty Trust Holding Company (GTCO) Plc has listed 2.288 billion shares from its public offer on the Nigerian Exchange Limited (NGX). This listing follows the successful completion of the company’s capital-raising exercise through a public offer, which aimed to strengthen its capital base and drive growth initiatives. The NGX stated that, “trading […]

Money

All On invests $250,000 in enee.io to boost energy monitoring

DailyTimesNGR DailyTimesNGR 14 July 2025 0

All On, an impact investment company, has announced a strategic investment of $250,000 in enee.io, a cutting-edge technology firm specialising in advanced energy monitoring systems, as part of its mission to expand energy access across Nigeria. This investment marks a significant step in scaling enee.io’s sales operations within Nigeria, enabling the company to broaden its

Top Stories

New tax regime will crumble aviation sector-ANAP

DailyTimesNGR DailyTimesNGR 14 July 2025 0

BY CHUKWUEMEKE IWELUNMO The Association of Nigeria Aviation Professionals (ANAP) says the new tax regime scheduled to take effect in the country next year will crumble the entire country’s aviation sector. Speaking with aviation journalists in his national secretariat at the airport, the Secretary General of ANAP, Comrade AbdulRasaq Saidu, said that when the tax […]

Money

Analysts project June inflation easing to 22.2% as Naira strengthens

DailyTimesNGR DailyTimesNGR 14 July 2025 0

BY TEMITOPE ADEBAYO Analysts at Afrinvest West Africa are projecting that Nigeria’s inflation rate for June 2025 will ease further to 22.2 per cent year-on-year, down from 22.9 per cent in May, signalling continued disinflation in the domestic economy. In its latest macroeconomic briefing, Afrinvest West Africa analysts estimate a 14 basis point uptick in […]

Money

Universal Insurance shareholders’ fund hits N16.4bn

DailyTimesNGR DailyTimesNGR 14 July 2025 0

BY MOTOLANI OSENI The Shareholders’ Fund of Universal Insurance Plc rose to about N16.4billion in the first quarter of 2025 as against N13.25 billion reported in the 2024 financial year. This translates to an increase of approximately N3.2 billion between December 2024 and March 2025. Similarly, the company achieved a Gross Written Premium (GWP) of […]

Aviation

Aviation Perm Sec. Kana to open 2025 Airport Business Summit

DailyTimesNGR DailyTimesNGR 14 July 2025 0

BY CHUKWUEMEKE IWELUNMO The Permanent Secretary, Federal Ministry of Aviation and Aerospace Development, Dr. Ibrahim Abubakar Kana, on behalf of the minister, Mr Festus Keyamo, will be leading State Commissioners of Transport, Heads of aviation agencies and other dignitaries to declare open the Airport Business Summit and Expo (ABSE) 2025. The summit will be held […]

Top Stories

The Man Muhammadu Buhari

DailyTimesNGR DailyTimesNGR 14 July 2025 0

By Tunde Opalana Until his death at the ripe age of 83 years on Sunday, July 13th, 2025 in a clinic in London where he was recently admitted for medical treatment, the late President Buhari was a renowned figure in Nigeria and Africa. He will remain a household name in years to come as his […]

News

Adopt emerging tech or be left behind, Bola warns engineers

DailyTimesNGR DailyTimesNGR 14 July 2025 0

By Ukpono Ukpong The Deputy National Chairman of the Nigeria Institution of Highway and Transportation Engineers (NIHTE), Engr. Dr. Bola Mudasiru, has warned that engineering professionals who fail to embrace emerging technologies risk being left behind in a rapidly evolving global landscape. Speaking at the First Engr. E. E. Ndububa Annual Lecture, he challenged engineers

Aviation

Air Peace experiences runway excursion at Port Harcourt Airport 

DailyTimesNGR DailyTimesNGR 13 July 2025 0

BY CHUKWUEMEKE IWELUNMO Air Peace says it’s aircraft, flight P47190 experienced runway excursion  incident at the Port Harcourt International Airport Sunday morning. The airline confirmed that the aircraft landed safely at the Port Harcourt International Airport but veered slightly off the runway during taxiing. Fortunately, there was no damage to the aircraft, and

News

NHRC, AfriRIGHTS sign MoU to mitigate business right violations

DailyTimesNGR DailyTimesNGR 13 July 2025 0

By Tunde Opalana Businesses in Nigeria have been highlighted as one of the principal violators of human rights in the country. An international human rights scholar and former senior United Nations envoy, Prof. Uchenna Emelonye said this at the signing of a Memorandum of Understanding between the National Human Rights Commission of Nigeria (NHRC) and […]

Politics

Don’t Intimidate Shet­tima Into Retracting The Truth, LP Tells Presidency

DailyTimesNGR DailyTimesNGR 13 July 2025 0

By Tunde Opalana The Labour Party, LP has told the Presidency not to intimidate the Vice President, Senator Kashim Shettima into retracting a recent statement of limitation to the power of the president on other elected public office holders . The party made reference to a statement by Shettima at the public presentation of the […]

Economy

Oil prices edge higher as weak dollar drives demand

DailyTimesNGR DailyTimesNGR 13 July 2025 0

BY MOTOLANI OSENI Oil prices ended the week higher in the global commodity market, supported by a weaker US dollar, signs of strong US fuel demand, and fresh geopolitical tensions, despite pressure earlier in the week due to rising US inventories and trade concerns. The international benchmark Brent crude was trading at $68.61 per barrel […]

News

NAF aircraft hits terrorists hard in Zamfara villages – DHQ

DailyTimesNGR DailyTimesNGR 13 July 2025 0

By Andrew Orolua The Director of Defence Media Operations Major General Markus Kangye said Air Component of JOINT TASK FORCE NORTH WEST OPERATION FANSAN YAMMA in conjunction with surface forces have hit terrorist hard in some villages in Zamfara State. He said in a statement on Friday that in a major offensive operations carried out […]

Business

Nestlé Nigeria, FG collaborate to drive water quality campaign

DailyTimesNGR DailyTimesNGR 13 July 2025 0

Nestlé Nigeria Plc has partnered the Federal Ministry of Water Resources and Sanitation to launch a National Water Quality Advocacy Campaign aimed at raising awareness, educating communities, and mobilising multi-stakeholder action around water safety and sustainable water practices. The collaboration, announced in Abuja during a courtesy visit by Nestlé and members of the

Business

FG moves to settle legacy gas debts, boost investor confidence

DailyTimesNGR DailyTimesNGR 13 July 2025 0

By Motolani Oseni The Federal Government has unveiled plans to settle outstanding debts owed to gas producers, including long-standing legacy obligations, in a bid to restore confidence and drive investment in Nigeria’s gas sector. Mr Abel Nse, Senior Technical Adviser to the Minister of Petroleum Resources (Gas), disclosed this during a panel session hosted by […]

Business

APM Terminals graduates 500 entrepreneurship beneficiaries in host communities

DailyTimesNGR DailyTimesNGR 13 July 2025 0

BY TEMITOPE ADEBAYO The West Africa Container Terminal (WACT)-APM Terminals Nigeria has marked a major milestone in its community development efforts with the graduation of over 500 beneficiaries from its capacity-building initiative, ‘WACTpreneur.’ The ceremony, held recently celebrated participants from the Onne and Ogu host communities, comprising mostly

Business

Experts affirms natural gas as key to Africa economic growth

DailyTimesNGR DailyTimesNGR 13 July 2025 0

Industry experts have affirmed natural gas as Africa’s transformational fuel for bridging energy security and powering industrialisation. This was stated at the second edition of Sahara Group’s thought leadership forum held at the weekend in Lagos. Nigeria highlighted Gas as the bridge between energy access and renewable transition, the need for $100 billion annual

Business

Firm offers scholarship opportunities to African youth

DailyTimesNGR DailyTimesNGR 13 July 2025 0

BY TEMITOPE ADEBAYO An integrated energy services and solutions provider, Kenyon International West Africa, has offered scholarship opportunities to young Africans to upscale their skills as the continent drives upstream oil sector growth. According to the chief Executive officer, Kenyon International West Africa, Victor Ekpenyong, the firms scholarship program aims to

News

FG approves promotion of 95 top paramilitary officers, sanctions 224

DailyTimesNGR DailyTimesNGR 12 July 2025 0

By Ukpono Ukpong The Federal Government has approved the promotion of 95 top-ranking officers across four key paramilitary agencies under the Ministry of Interior. According to a statement signed by the Secretary, Civil Defence, Correctional, Fire and Immigration Services Board (CDCFIB), Maj. Gen. Abdulmalik Jibril (Rtd), the affected officers are drawn from the Nigeria