Business

Australia supports training of Nigerian mining experts to boost sector’s capacity

DailyTimesNGR DailyTimesNGR 8 June 2025 0

BY MOTOLANI OSENI The Federal Government has launched a landmark capacity-building programme for Nigerian mining professionals at Murdoch University in Australia, aimed at addressing technical skill gaps and strengthening ties between both countries. The initiative, supported by the

Business

How to manage investment risk in today’s digital world

DailyTimesNGR DailyTimesNGR 8 June 2025 0

BY MOTOLANI OSENI There was a time when trading, particularly on commodities exchanges, took place in loud, fast-paced trading floors dominated by a select group of seasoned professionals. Access to such markets was restricted, highly specialised, and filled with layers of intermediaries. Understanding the dynamics of risk and reward was a rare skill, often reserved […]

Economy

Nigerian govt moves to tackle N30trn infrastructure deficit through tax credit roads

Ihesiulo Grace 7 June 2025 0

BY TEMITOPE ADEBAYO With Tax credit roads expected to close the N30 trillion infrastructure gap and serve as the gateway of development and shared responsibility across regions in the country, President Bola Ahmed Tinubu has commissioned the groundbreaking Lekki Deep Sea ports Tax credit roads in Lagos at the weekend. This is meant to unlock […]

Economy

NEITI alleges FOI misuse, urges crackdown on bogus NGOs

DailyTimesNGR DailyTimesNGR 7 June 2025 0

BY MOTOLANI OSENI The Nigeria Extractive Industries Transparency Initiative (NEITI) has raised alarm over disturbing misuse of the Freedom of Information (FOI) Act by individuals and faceless groups posing as civil society organisations (CSOs) and non-governmental Organisations (NGOs) with no track record, known address, or institutional credibility. Speaking at a

Economy

FG pushes West African unity to boost regional economy

DailyTimesNGR DailyTimesNGR 7 June 2025 0

BY TEMITOPE ADEBAYO Nigeria’s Foreign Affairs Minister, Ambassador Yusuf Tuggar, has advocated collaboration among West African States for a greater economic and regional integration by leveraging their shared market potential and demographic advantages. The minister asserted a Private Sector Roundtable in Lagos, as part of the build-up to the West Africa Economic Summit

Economy

AXA Mansard Investments empowers 200 working-class mothers

DailyTimesNGR DailyTimesNGR 7 June 2025 0

BY MOTOLANI OSENI An asset management firm and member of the global AXA Group, AXA Mansard Investments, has reaffirmed its commitment to women’s empowerment by sponsoring ‘The Mum Fund’ event — a powerful initiative that provided training, support, and financial education to 200 working-class mothers in Lagos. The event featured workshops, mentoring sessions, and

Economy

Asharami Energy, commits to local capacity devt, sustainable growth

DailyTimesNGR DailyTimesNGR 7 June 2025 0

Asharami Energy, a Sahara Group Upstream company, has restated its commitment to promote inclusive growth and local content development within Nigeria’s energy landscape through strategic investments, responsible operations, and collaborative partnerships with stakeholders in the upstream value chain. At the fifth edition of the Nigerian Oil and Gas Opportunity Fair

Economy

Nigeria strengthens competitiveness in Oil & Gas, says chamber

DailyTimesNGR DailyTimesNGR 7 June 2025 0

BY MOTOLANI OSENI The latest executive order by President Bola Tinubu to lower costs and enhance revenue from oil and gas projects is strengthening the competitiveness of doing business in Nigeria, says the African Energy Chamber (AEC). The Upstream Petroleum Operations Cost Efficiency Incentives Order (2025) introduces performance-based tax incentives for upstream

Economy

Savannah Energy posts $258.9m total revenue in one year

DailyTimesNGR DailyTimesNGR 7 June 2025 0

Savannah Energy Plc reported total revenues of $258.9 million in its unaudited results for the year ended December 31, 2024. The results revealed that Savannah Energy achieved its previously issued financial guidance for the year, with its total revenues as of December 31, 2024, standing at $258.9 million, six per cent ahead of the previously […]

Economy

Nigeria, Ghana to launch Africa local content forum.

DailyTimesNGR DailyTimesNGR 7 June 2025 0

BY TEMITOPE ADEBAYO Nigeria and Ghana are working in concert to catalyse African capacity and content inter-regionally that will accelerate job creation across the continent, support diversity and inclusion for a balanced workforce. To achieve this laudable initiative, the Nigerian Content Development and Monitoring Board (NCDMB) and the Petroleum Commission of Ghana have

Economy

Abuja Continental excels at international Tourism Expo Fair

DailyTimesNGR DailyTimesNGR 7 June 2025 0

The International Hospitality & Tourism Expo and Forum (IHTEF) dubbed Abuja Hotel Expo, has boosted skills development, workforce empowerment, and sustainable practices within the country’s hospitality industry. At the event, Abuja Continental emerged the exceptional Housekeeping hotel in the prestigious Bed-Making Challenge competition organised by International

Economy

JMG extends warm Eid el-Kabir greetings to Muslim faithful’s

DailyTimesNGR DailyTimesNGR 7 June 2025 0

BY TEMITOPE ADEBAYO As Muslim families across Nigeria gather to mark this year’s Eid el-Kabir—a time of deep reflection, sacrifice, and unity—JMG Limited joins in celebrating the spirit of the season with heartfelt wishes for peace, joy, and renewed blessings. At JMG, we believe in the power of connection—not just through the integrated electromechanical solutions […]

Money

Equities rebound as investors gain N260bn, ASI up 0.37%

DailyTimesNGR DailyTimesNGR 4 June 2025 0

BY TEMITOPE ADEBAYO The Nigerian equities market, yesterday, halted the prior day’s downtrend, as gains in Dangote Cement Plc and 34 others pushed the overall capitalisation up by N260 billion. The All-Share Index (ASI) gained 411.52 points, representing a gain of 0.37 per cent to close at 112,427.48 points. Also, market capitalisation rose by N260 […]

Economy

Makinde Urged to Caution Omotoso, Housing Boss Over Land Grabbing

DailyTimesNGR DailyTimesNGR 3 June 2025 0

By Tunde Opalana Oyo State governor, Engr Seyi Makinde has been urged to investigate several land grabbing allegations against the Chairman of the state’s Housing Corporation, Mr. Demola Omotoso. Omotoso was accused of acting without regard to the rule of law in Oyo State as several petitions have been written against him to law enforcement […]

Economy

Effects of attacks on farmer could be catastrophic than hunger crisis – Expert warns FG

DailyTimesNGR DailyTimesNGR 3 June 2025 0

By Tunde Opalana A development expert, Ntiedo Ekott has warned the Federal Government to take proactive steps in curtailing the incessant attacks on farmers in parts of the country to avert crisis that could worsen national stability and development. Presently, he said continued violence against farmers is undermining Nigeria’s efforts to achieve food security and […]

Money

Nigeria relaunches NATEP to tap into $1trn outsourcing market

DailyTimesNGR DailyTimesNGR 2 June 2025 0

BY MOTOLANI OSENI Nigeria has relaunched its National Talent Export Programme (NATEP), a strategic initiative aimed at positioning the country as a major player in the $1 trillion global outsourcing industry. Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, said the move aligns with President Bola Tinubu’s agenda for digital transformation, economic inclusion

Business

Equities investors gain N176bn as NGX ASI up 0.25%

DailyTimesNGR DailyTimesNGR 2 June 2025 0

BY TEMITOPE ADEBAYO The Nigerian Exchange (NGX) started the week on a positive note, with the All-Share Index rising by 0.25 per cent to close at 112,015.95 points. Market capitalisation increased by N176 billion to close at N70.64 trillion. The market rally was driven by gains in MTNN (+3.18 per cent), OANDO (+2.65 per cent), […]

Money

NCDMB’s Ogbe appointed to African Petroleum Board

DailyTimesNGR DailyTimesNGR 2 June 2025 0

Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe has been appointed to the Executive Board of the African Petroleum Producers’ Organisation (APPO). Ogbe will represent Nigeria on the board of the 18-member continental body headquartered in Brazzaville, Republic of the Congo. His nomination was made by the

Money

CBN, Presidency Unveil Harmonized Framework to Boost Consumer Trust and Financial Inclusion

Ihesiulo Grace 2 June 2025 0

In a renewed effort to rebuild public confidence in the financial sector and accelerate financial inclusion, the Central Bank of Nigeria (CBN), in collaboration with the Office of the Vice President, has unveiled plans for a **National Consumer Trust Framework**, aimed at harmonizing consumer protection policies across regulatory bodies. Speaking at a high-level

Business

SEC flags Silverkuun as fraud risk, warns Nigerians to stay away

DailyTimesNGR DailyTimesNGR 28 May 2025 0

BY TEMITOPE ADEBAYO The Securities and Exchange Commission (SEC) has warned the public against investing in unregistered investment schemes, including Silverkuun Investment Cooperative Society/Silverkuun Limited. In a circular issued in Abuja, Wednesday, the commission said its attention had been drawn to the activities of these entities, which falsely present themselves