Business Archives - The Glitters Online https://theglittersonline.com.ng/category/business-cat/ A voice for the people Sat, 04 Jul 2026 11:28:04 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 119911796 Nigeria’s Challenge Is Low Revenue, Not High Debt – World Bank https://theglittersonline.com.ng/world-bank-81/ Sat, 04 Jul 2026 11:28:04 +0000 https://theglittersonline.com.ng/?p=363773 Nigeria’s Challenge Is Low Revenue, Not High Debt – World Bank   The World Bank has said Nigeria’s biggest fiscal challenge is weak revenue mobilisation rather than excessive borrowing, urging the government to prioritise efforts to boost revenue generation to support sustainable economic growth. Speaking during an interview on Channels Television on Friday, the World […]

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]]> 363773 SEC Expands Crypto Oversight With Seven New Firms https://theglittersonline.com.ng/sec-expands/ Sat, 04 Jul 2026 11:02:42 +0000 https://theglittersonline.com.ng/?p=363760 SEC Expands Crypto Oversight With Seven New Firms   The Securities and Exchange Commission has admitted seven digital asset companies into its Accelerated Regulatory Incubation Programme, a framework designed to bring crypto and blockchain operators under formal oversight without immediately granting full operating licences. The incubation model allows Nigeria’s capital market regulator to test these […]

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]]> 363760 Access Holdings And Coronation Group Celebrate Enduring Legacy Of Nigerian Modernism https://theglittersonline.com.ng/access-holdings-28/ Sat, 04 Jul 2026 10:43:31 +0000 https://theglittersonline.com.ng/?p=363747 Access Holdings And Coronation Group Celebrate Enduring Legacy Of Nigerian Modernism Access Holdings Plc and Coronation Group hosted a private reception at Tate Modern, London, to celebrate the enduring legacy of Nigerian Modernism, one of the most significant presentations of African art in the gallery’s recent programme. The Nigerian Modernism exhibition, in partnership with Tate […]

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]]> 363747 NNPC Begins Evaluation Of Chinese Refinery Partnership Deal https://theglittersonline.com.ng/nnpc-216/ Sat, 04 Jul 2026 04:26:58 +0000 https://theglittersonline.com.ng/?p=363732 NNPC Begins Evaluation Of Chinese Refinery Partnership Deal   The Nigerian National Petroleum Company Limited has said the recently signed Memorandum of Understanding with Chinese firms for the rehabilitation and operation of the Port Harcourt and Warri refineries has entered a rigorous evaluation phase, insisting that the arrangement is aimed at creating profitable and self-sustaining […]

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]]> 363732 Baale Makes A Case For Building World-class Nigerian Corporate Culture https://theglittersonline.com.ng/baale-makes/ Fri, 03 Jul 2026 13:42:14 +0000 https://theglittersonline.com.ng/?p=363670 Baale Makes A Case For Building World-class Nigerian Corporate Culture   Prof. Lere Baale, CEO, Business School Netherlands International has made a case for Nigerian organisations to intentionally build cultures around five pillars of responsiveness, respect, reliability, responsibility and relationships if they really want to compete globally.  A distinguished global pracademic, scholar-practitioner and transformational leader with over 40 years of cross-sector experience spanning […]

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]]> 363670 Shell, Banks Launch $3 billion Contractor Support Fund https://theglittersonline.com.ng/shell-44/ Fri, 03 Jul 2026 04:54:04 +0000 https://theglittersonline.com.ng/?p=363651 Shell, Banks Launch $3 billion Contractor Support Fund Shell Nigeria Exploration and Production Company Ltd (SNEPCo) Thursday took a major step towards empowering Nigerian contractors with the launch of a $3-billion Contract Finance Facility in partnership with nine leading Nigerian banks. The facility is designed to provide credit support for local contractors executing projects for […]

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]]> 363651 Oyetola Seeks Stronger State, Private Sector Partnership To Unlock Blue Economy Potential https://theglittersonline.com.ng/oyetola-seeks/ Thu, 02 Jul 2026 19:36:15 +0000 https://theglittersonline.com.ng/?p=363605 Oyetola Seeks Stronger State, Private Sector Partnership To Unlock Blue Economy Potential   The Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, has called for stronger collaboration between the Federal Government, state governments, the private sector and development partners to accelerate the implementation of Nigeria’s National Policy on Marine and Blue Economy, describing sub-national […]

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]]> 363605 CBN Issues Fresh Guidance On Troubled Banks’ Contract Suspensions https://theglittersonline.com.ng/cbn-issues/ Thu, 02 Jul 2026 12:09:03 +0000 https://theglittersonline.com.ng/?p=363579 CBN Issues Fresh Guidance On Troubled Banks’ Contract Suspensions   The Central Bank of Nigeria has issued interpretative guidance clarifying the practical application of Sections 34(2)(b) and 40(2) of the Banks and Other Financial Institutions Act, 2020, setting a maximum period of two business days for the suspension of certain contractual obligations during the resolution […]

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]]> 363579 NNPC Revenue Falls By N636bn Despite Stable Oil Production https://theglittersonline.com.ng/nnpc-215/ Thu, 02 Jul 2026 04:55:41 +0000 https://theglittersonline.com.ng/?p=363554 NNPC Revenue Falls By N636bn Despite Stable Oil Production   The Nigerian National Petroleum Company Limited recorded a decline in its financial performance in May 2026, with revenue dropping by nearly 13 per cent to N4.335tn despite maintaining stable crude oil and natural gas production. The national oil company disclosed this in its latest Monthly […]

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]]> 363554 Nigeria Has Moved From Economic Decline To Stability – Oyedele https://theglittersonline.com.ng/oyedele-22/ Wed, 01 Jul 2026 20:15:31 +0000 https://theglittersonline.com.ng/?p=363538 Nigeria Has Moved From Economic Decline To Stability – Oyedele   The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, yesterday, declared that Nigeria has successfully moved from a period of economic decline and instability to one of macroeconomic stability. The Federal Government’s priority, he said, is now to accelerate inclusive […]

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