May 29, 2025
finance

Nigerias Equities Market Witnesses Growth NNFM Leads Positive Trends

Nigeria’s equities market experienced a 0.27 percent increase on Wednesday, driven by investor interest in Northern Nigeria Flour Mills (NNFM) and other notable advancers. NNFM stood out with a significant rise from N118.70 to N130.55, marking an increase of N11.85 or 9.98 percent. This surge was closely followed by Honeywell Flour Mills, which climbed from

Read More
finance

FG Boosts Support for Technical College Students Nationwide

The Federal Government recently made a groundbreaking announcement that is set to positively impact the lives of technical college students across the country. Starting this year, technical college students will receive a substantial increase in their monthly stipend, with the amount set at N45,000. This generous financial support aims to alleviate the financial burden on

Read More
finance

BusinessDay’s Chinwe Michael Empowering Nigerian Journalists through MTN MIP Cohort 4

Chinwe Michael, a dedicated journalist at BusinessDay, recently received the prestigious honor of being selected as one of only twenty participants for the fourth cohort of the MTN Media Innovation Programme (MIP). This groundbreaking initiative, a collaboration between MTN Nigeria and the School of Media and Communication at Pan-Atlantic University (PAU), aims to provide journalists

Read More
finance

Reps Investigate Student Loan Disbursement Calls for Refunds and Transparency

The halls of the House of Representatives reverberated with heated discussions as lawmakers delved into the murky waters of student loan disbursements. A cloud of suspicion hung over allegations of diversion, lack of transparency, and mismanagement in handling student loans, raising concerns about compliance with the Student Loans Act, 2024. In a bold move, the

Read More
finance

Nigerias Sovereign Sukuk Record Subscription for Infrastructure Development

In a remarkable turn of events, the Federal Government’s Series VI Sukuk offer in Nigeria has garnered unprecedented interest, surpassing all expectations. The subscription rate exceeded initial projections by a staggering 735%, reaching a historic milestone with a total subscription of N2.205 trillion. The Sovereign Sukuk issuance, aimed at financing critical infrastructure projects in the

Read More
finance

NASS Harmonises Tax Bills for President Tinubus Approval

The halls of the National Assembly buzzed with anticipation as members gathered to finalize a crucial aspect of the country’s fiscal policy – the harmonization of Tax Reform Bills. This intricate process involved aligning and reconciling the versions of the bills that had been independently passed by both chambers, ensuring a unified legislative framework. During

Read More
finance

Minister Urges Students Embrace Hard Work, Say No to Shortcuts for Success

Tunji Alausa, the Minister of Education, recently addressed students participating in the 2025 Senior Secondary Certificate Examination (SSCE) conducted by the West African Examinations Council (WAEC). In his speech, he emphasized the importance of hard work and discouraged the adoption of shortcuts as a means to achieve success. During an inspection visit to a school

Read More
finance

WAECs Apology Challenges Faced During 2025 WASSCE Exams

The West African Examinations Council (WAEC) recently issued an apology for the delays that occurred during the 2025 West African Senior School Certificate Examination (WASSCE), specifically concerning English Language Paper 2. Moyosola Adesina, acting Head of Public Affairs at WAEC, signed a statement acknowledging the hurdles encountered during the examination process. “As reported by Business

Read More
finance

Golds Price Decline Amid Market Optimism Nigeria Weighs Naira-Backed Reserve Plan

As the financial world buzzes with activity, one commodity that always manages to grab attention is gold. Its gleam and allure have captivated investors for centuries, serving as a symbol of wealth and stability. However, in the ever-shifting landscape of global markets, even this precious metal faces fluctuations that can leave both traders and enthusiasts

Read More
finance

Nigerias Fintech-Adtech Convergence Transforming the Digital Financial Landscape

Nigeria is witnessing a groundbreaking shift in its financial services sector, transcending traditional banking boundaries. The fusion of financial services with digital experiences, termed embedded finance, is revolutionizing how Nigerian consumers engage with money, commerce, and advertising. It’s more than just technological progress; it signifies a monumental change where financial services seamlessly integrate into daily

Read More