Remita, Nigeria’s payment solutions pioneer, is calling on fintechs to adopt Artificial Intelligence to secure their stake in a $434.4 million market projected by 2026, growing at a robust 44.2 per cent annually. Its new report, Unlocking the Power of AI in Nigeria’s Fintech Sector, launched on Wednesday, casts AI […]
The Nigeria Civil Aviation Authority has reported that Arik Air airlifted 2.2 million passengers with 10,699 flights to emerge the second most active airline in terms of passenger traffic and flight operations in Nigeria in 2024. The Nigerian aviation regulator made this known through an executive summary released to the […]
The shareholders of BUA Foods are set to receive N13 as a final dividend per ordinary share of 50 Kobo each for the financial year 2024. According to a corporate filing on the Nigerian Exchange Limited on Tuesday, only shareholders whose names appear in the Register of Members as of […]
The Chairman of the Shipping Association of Nigeria, Mrs Boma Alabi, says indirect taxes make Nigerian ports uncompetitive to customers. Alabi added that the cost of doing business in Nigerian ports is working against the country, as smaller countries are wresting cargoes from Nigeria. Making this assertion at a recent […]
Determined to boost trade, the nation’s maritime sector has unveiled a new taskforce named ‘National Compliance Joint Taskforce of Licensed Clearing Agents’. The advocacy group launched in Lagos aims to ensure compliance and eliminate corruption in the clearing and forwarding industry. The group, which comprises experienced maritime practitioners, logistics experts, […]
The Federal Government has stated that the welfare of maritime workers remains a top priority, reiterating its commitment to repositioning Nigeria’s maritime sector as a catalyst for economic growth. The Minister of Marine and Blue Economy, Adegboyega Oyetola, stated this recently during the 6th Quadrennial National Delegates Conference of the […]
When you move from having no insurance coverage for your business to securing a policy, the next critical step is ensuring that your coverage is adequate. OLUWAKEMI ABIMBOLA highlights the impact of underinsurance on the survival of businesses, especially the costly consequences of inadequate coverage and the steps business owners […]
JMG Limited, a provider of electro-mechanical solutions in Nigeria, says it is ready to offer affordable energy solutions to Nigerians. The Group General Manager of JMG Limited, Rabi Jammal, averred that the company identifies the electricity challenges faced by Nigerians and, as an electro-mechanical solutions provider, ensures its integrated solutions […]
Aradel Holdings Plc says it raised oil production to 13,751 barrels per day in 2024, up by 41 per cent compared to the 9,739 barrels per day recorded in 2023. In its Operational and Financial Performance Report for 2024, the company said gas production hit 32.4 million standard cubic feet […]
Key stakeholders in the Nigerian capital market have lauded the newly signed Investments and Securities Act 2025, expressing strong confidence that the legislation will significantly deepen market integrity and expand investment opportunities within the nation’s financial ecosystem. The experts made this known in separate interviews with The PUNCH on Monday […]
