Business and Economy
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DMO lists 2 new FGN savings bonds for subscription at N1,000 each
By Kadiri Abdulrahman Abuja, June 4, 2022 The Debt Management Office (DMO) has listed two new Federal Government of Nigeria…
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Buhari, Kyari showcase oil, gas investment opportunities in Spain
By Emmanuella Anokam Abuja, June 3, 2022 Malam Mele Kyari, Group Managing Director, NNPC Ltd., has reiterated the commitment to…
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Titan Trust Bank completes takeover of Union Bank
By Olawunmi Ashafa Lagos June 2, 2022 Union Bank Plc on Thursday said it had completed its core investors’ sale…
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CBN reviews operations of NIBBS instant payments system, others
By Kadiri Abdulrahman Abuja, June 2, 2022 The Central Bank of Nigeria (CBN) has reviewed upwards, the operations of the…
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Access Bank funds Lagos Business School energy transition project
By Mercy Omoike Lagos, June 1, 2022 Access Bank Plc has partnered the Lagos Business School (LBS) to fund the…
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Zenith Bank redeems $500m eurobond notes
By Olawunmi Ashafa Lagos, May 31, 2022 Zenith Bank Plc says it has redeemed a balance of 107 million dollars…
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Investment in FGN securities profitable, risk-free – DMO
DMO Director-General, Patience Oniha By Kadiri Abdulrahman Abuja, May 31, 2022 The Debt Management Office (DMO) says it is…
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Pastor Adeboye inaugurates Premium Trust Bank in Asaba, prays for Delta
By Ifeanyi Olannye Asaba, May 30, 2022 General Overseer of Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, on Monday,…
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AGF Idris’ N200bn fraud scandal: Heads to roll as Buhari’s cabinet members, other appointees mentioned
The number of big shots in the current administration that may be consumed by the ongoing probe of the Accountant…
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Dangote Refinery to expose Nigeria’s Downstream, Midstream sectors to Int’l Markets
The coming on stream of the 650,000 barrels-per-day Dangote Petroleum Refinery will guarantee availability of high quality environmentally compliant products in…
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Dangote still Africa’s Most Admired Brand for 5 consecutive years
The Pan-African and fully integrated conglomerate, Dangote Industries Limited (DIL) has again emerged as the most Admired Brand in Africa…
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CBN debunks rumour about sacking of bank’s governor, Emefiele
Emefiele By Kadiri Abdulrahman Abuja, May 25, 2022 The Central Bank of Nigeria (CBN) says online media reports purporting the sacking…
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CBN raises MPR to 13%, retains other parameters; Ex-ANAN president commends MPC
By Kadiri Abdulrahman, Abuja/Ige Adekunle, Sango-Ota (Ogun) May 24, 2022 For the first time in over two years, the Central…
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Acting AGF, Anamekwe Nwabuoku allegedly under probe for corruption; Has few months before retirement
The newly appointed overseer of the Office of the Accountant General of the Federation (OAGF), Anamekwe Nwabuoku, has a heavy…
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FG appoints Anamekwe Nwabuoku new Overseer for Accountant General’s Office
The Federal Government has appointed Mr. Anamekwe Nwabuoku to oversee the office of the Accountant-General of the federation (OAGF).…
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Shell inaugurates Phase-2 of Oloibiri health programme
Energy company, Shell, has inaugurated the second and final phase of its comprehensive health care projects for Oloibiri and…
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Zinox mourns as Founding Member, Tech billionaire & whiz kid, David Kan, passes on
The management of Zinox Technologies Ltd., Nigeria’s foremost tech giant, has reacted with sadness to the news of the passing…
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Fidelity Bank partners Edo State and GIZ to host CBN RT200 FX Exports Roundtable and Sensitisation Workshop
Leading financial institution, Fidelity Bank Plc, has announced plans to host an exports roundtable and policy sensitisation workshop for businesses…
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Diaspora Housing: NiDCOM, FMBN set to launch scheme
Abuja: May 18, 2022 A comprehensive Diaspora Housing Mortgage Scheme is set to be inaugurated in Nigeria. Hon. (Dr.) Abike…
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Seplat posts $177m pre-tax profit for 2021
By Solomon Asowata Lagos, May 18, 2022 Seplat Energy Plc has recorded a pre-tax profit of 177 million dollars for…
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NLNG leads stride to gas-powered economy – An analysis by Solomon Asowata
A cardinal goal of the federal government is to transform the Nigerian economy into a gas-powered economy by 2030. Ancillary…
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NiDCOM partners with FMBN to launch Diaspora housing scheme
Dr. (Mrs.) Abike Dabiri-Erewa, Chairman/CEO of Nigerians in Diaspora Commission (NiDCOM) and Mr. Madu Hamman, the Managing Director of Federal…
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Dangote Cement grosses N413.2bn revenue in the first 3 months
In the first three months of the 2022 financial year, Dangote Cement has recorded a 24.2 percent increase in its…
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Jumia shares surge following rumours of Zinox acquisition
Speculations of a potential takeover of pan-African e-commerce firm Jumia Technologies by the Zinox Group, Sub-Saharan Africa’s leading tech conglomerate,…
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EFCC arrests Ahmed Idris, Accountant General of the Federation for N80billion fraud.
Operatives of the Economic and Financial Crimes Commission, EFCC, on Monday, May 16, 2022 arrested serving Accountant General of the…
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