The administration of Governor Akinwunmi Ambode is very keen on marketing the tourism values of Lagos State to business and leisure travellers across the globe, says Commissioner for Tourism, Arts and Culture, Steve Ayorinde. Ayorinde, who spoke on the assumption of office as Commissioner for Tourism, Arts and Culture on Monday said this strategy is expected to be driven by...
The naira on Tuesday gained further grounds against the US dollar as it closed at N457 at the black market, after the Central Bank of Nigeria (CBN) sold a total of $195 million in forwards. BusinessDay prices checks show that naira traded at N457 per dollar at the Lagos international airport and Apapa respectively. At the Festac area of Lagos, the foreign...
The yuletide was  memorable for Lagos fun seekers, with the berthing of Blackwood Grills and Bar; especially those in the Ikeja axis. The new exclusive dancing bar cum restaurant, magnificently located on Olu Akerele Street, Ikeja, Lagos, is an architectural delight, parading immaculate surrounding, which makes it an ideal place for pleasure and business. With a hallow of paradise, the watering hole, uniquely features...
CBN
CBN had earlier announced new charges on deposit and withdrawals above a threshold of N500,000. The apex bank had directed banks to charge 5% and 10% for deposits and withdrawals above N40m in the corporate category. The bank had fixed 1.5% and 2% for deposits ranging from N500,000 and N1 million in the individual category. But in the circular signed by...
CAC
The Registrar-General, Corporate Affairs Commission (CAC), Mr Mahmud Bello, says the commission has started operating 24 hours company registration process to make startup of business easier in Nigeria. Bello said this at the CAC Customers’ Forum in Kano, organised in collaboration with the Presidential Enabling Business Environment Council (PEBEC). The registrar-general made this known in a statement on Tuesday in Abuja He...
Trading at the stock market remained bearish wednesday as profit taking in banking stocks made the Nigerian Stock Exchange (NSE) All-Share Index (ASI) to close 0.06 per cent lower at 37,963.93. Similarly, market capitalisation shed N9.7 billion to close at N13.75 trillion. Profit taking on counters in the banking sector such as Zenith Bank Plc, GTBank, Access Bank Plc, Diamond...
Peter Okoye, of P-Square is doing all that is possible to chase after his football business, Paul who has been in the city of London for quiet some days now and he is definitely enjoying his stay there. The multi talented singer shared a picture of himself with Nigerian/Watford striker Idion Ighalo hanging out together. He captioned: And Watford’s highest goal scorer...
The Central Bank of Nigeria (CBN) has released an amended regulatory framework for Bank Verification Number (BVN) operations and watch-lists for Nigerian financial system, saying a valid court order is a requirement to have access to a customer’s BVN. The central bank disclosed this in a circular posted on its website yesterday, that was addressed to all banks, switches, mobile...
A Nigerian fugitive, Franca Asemota  whose extradition was sought by the United Kingdom for offences bordering on trafficking of minors has been ordered back to London by Justice Abdul Kafarati of the Federal High Court, sitting in Abuja, to face trial for the charges filed against her. Ms. Asemota, 36, is wanted by the UK government for trafficking of minors...
This Women’s Power Edition, which has been described as a favorite issue, also reveals the keys to business growth in 2018. The new edition also profiles 10 top young South African entrepreneurs, and how they made it so early. Every page has a vital message for both the upcoming and the accomplished entrepreneur . T he Entrepreneur Africa Magazine (...

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