Business and Economy
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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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TD Africa clocks 23, rolls out special anniversary sale
TD Africa, Sub-Saharan Africa’s leading tech and lifestyle products distributor, is marking its 23 years of leadership in the ICT…
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ICPC boss rallies global action against Illicit Financial Flows
Prof. Bolaji Owasanoye, ICPC Chairman By Philomina Attah Abuja, May 15, 2022 The Chairman, Independent Corrupt Practices and Other Related…
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NLNG’s Science Prize judges receive 107 entries for 2022 cycle
The panel of judges for The Nigeria Prize for Science has received theentriesfrom scientists worldwide for the 2022 edition, signalling…
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BREAKING: Zinox may acquire Jumia
Jumia, one of the major e-commerce players in the African market, appears to be battling severe headwinds after its share…
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Osinbajo, Dangote, Ghana’s ex-President Mahama, others grace Nasarawa Investment Summit; VP extols Gov Sule’s vision
By Awayi Kuje/ Oboh Linus Lafia, May 11, 2022 Political bigwigs attended the opening of the two-day Nasarawa Investment Summit…
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Konga Tech Week excites shoppers
Excitement has trailed the commencement of Konga Tech Week, an annual promotion by Nigeria’s leading composite e-commerce giant, with a…
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Top domestic priority is to tackle inflation, Biden assures Americans
By Cecilia Ologunagba New York, May 10, 2022 U.S. President Joe Biden on Tuesday assured Americans that tackling rising prices…
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