25.6 C
Lagos
June 13, 2025
Trending now

Night of Praise, 5 years remembrance of life , legacy of late…

Families of two persons   recently  murdered in Anambra seek justice 

Deputy Speaker after President addresses joint session of Nat’l Assembly members to…

June 12: Tinubu confers national honours on Humphrey Nowsu, Yar’Adua, Wole Soyinka,…

Champion Newspapers Ltd, Annual awards held at Eko hotels , Lagos

June 12: Give due recognitions to unsung heroes, activists, Coalition tells Tinubu

Lagos LG poll to prepare ground for Tinubu’s re-election, Sanwo-Olu tells residents

Democracy Day: NNPP Chieftain admonishes FG to rejig monetary policies

Hon Chijioke Ogbonna emerges President General of Ihitte Nsu Autonomous Community

Latest News from Champion Newspapers, June 12, 2025

Champion Newspapers LTD

Category : Business & Economy

Business & Economy

CBN debunks report on BDC recapitalisation deadline

Peter Anayo
by Peter Anayo0236
COMFORT EKELEME, Business Editor The Central Bank of Nigeria (CBN) has debunked a news story in circulation suggesting that the Bank has extended the deadline for the recapitalisation of Bureau De Change (BDC) operators to December 31, 2025. CBN, through its Acting Director of the Corporate Communications Department, Mrs. Hakama......
Business & EconomyInsurance digestMetro news

Insurance market makes turn for better as insurance powerhouses, Sanlam and Allianz merge to enhance operations in Nigeria

Kelvin Egerue
by Kelvin Egerue0596
Sanlam, Africa’s biggest non-banking financial services powerhouse, and Allianz, one of the world’s most recognisedglobal insurer, have announced a significant milestone in their Pan-African expansion strategy with the successful merger of their operations in Nigeria, one of Africa’s leading economies. The merger, now branded as SanlamAllianz Nigeria, was officially announced......
Business & Economy

Dangote Group paid N450bn In taxes last year, Aliko tells Tinubu

Peter Anayo
by Peter Anayo0428
President of the Dangote Group, Aliko Dangote, recently informed President Bola Tinubu that his group of companies paid a whopping N450 billion in taxes to the Federal Government’s coffers in 2024, thereby making it the highest tax-paying company in Nigeria. With this significant tax payment, Dangote companies are contributing more......
Business & Economy

Ojude Oba festival, others critical in promoting local economy, attracting global visibility-Abiodun

Peter Anayo
by Peter Anayo0395
Ogun State Governor, Prince Dapo Abiodun said that festivals like Ojude Oba are critical in the vision to promote the local economy and attract global visibility. The governor, speaking on Sunday at this year’s Ojude Oba Festival held in Ijebu-Ode, said that his administration would continue to promote the cultural......
Business & Economy

SEC warns against investing in punisher coin

Peter Anayo
by Peter Anayo0386
The Securities and Exchange Commission (SEC) has cautioned Nigerians against investing in a cryptocurrency called Punisher Coin, also known by the symbol $PUN. In a statement issued Sunday in Lagos, SEC said the presale was unauthorised and lacked regulatory approval, resembling a Ponzi scheme. According to the statement, the promoters......
Business & Economy

BUA Group Chairman urges Britain, allies to deepen investments, partnership with Nigeria

Comfort
by Comfort0472
Chairman and Founder, BUA Group, Alhaji Abdul Samad-Rabiu has urged Britain and its Western allies to deepen partnerships and increase investments in Nigeria. Samad-Rabiu said this in an opinion piece published in the Telegraph of London, on Saturday. The philanthropist asserting that President Bola Tinubu’s economic reforms were positioning the......
Business & Economy

Gov. Otti tasks C’ttee to fashion ways of delivering a successful investment summit

Peter Anayo
by Peter Anayo0517
STEVE UNEGBU, Umuahia   Abia State Governor, Dr. Alex Otti has charged the Steering Committee for Turkey -Abia (TURAB) Investment Summit/Exhibition, 2025 to fashion the ways and means of delivering a successful investment summit and exhibition.     Governor Otti gave the charge at while inaugurating an 11-man Steering Committee......
Business & Economy

AfDB: Adesina’s legacy source of pride for Africa —Okonjo-Iweala

Peter Anayo
by Peter Anayo0464
.As UN hails his leadership in continent’s sustainable devt   Also, The United Nations (UN) Secretary-General António Guterres has praised African Development Bank (AfDB) Group President Dr Akinwumi Adesina, for his efforts in ensuring the economic transformation of Africa. The bank said in a statement on Thursday, that Guterres relayed......
All Rights Reserved - Maintained by MORE DESIGN STUDIO