Sterling Bank considers new banking subsidiary, to adopt HoldCo structure
COMFORT EKELEME, Asst. Business Editor Managing Director/ Chief Executive Officer of Sterling Bank Plc, Mr. Abubakar Suleiman has said that the bank is considering a new subsidiary as it transforms...
View ArticleFood Palliatives: CACOVID petitions Edo Govt, refutes claims by Edo House of...
The Private Sector-led Coalition Against COVID-19 (CACOVID) has petitioned the Edo state government over alleged misappropriation of its food palliatives worth over N465 million by a member of House...
View ArticleUndergraduate fish seller wins ₦100k entrepreneurship prize
A fish seller and 100 level student of the University of Uyo, Destiny Abraham Nelson has emerged winner of the monthly entrepreneurship contest, tagged Princewill’s Trust Help the Hard Worker. The...
View ArticleFG to double airports by 2023 – Sirika
The Federal Government says it will double the number of airports in the country before the end of 2023 to enhance air connectivity and boost the nation’s economy. The Minister of Aviation, Mr Hadi...
View Article#End SARS protest: Iche says FG should listen to Nigerian youths
COMFORT EKELEME As the peaceful protest against police brutality continued around the country, National Coordinator, Ambassadors for Peace & Enlightenment Foundation (AMPEF), a human right...
View ArticleSenate queries NHIS over failure to remit N3.7bn interest accrued from N122bn...
From :Adekunle Adesuji, Abuja Senate Committee on Public Account has queried National Health Issuance Scheme (NHIS) over failure to remit N3.7bn accrued from N122bn fixed in unnamed commercial bank....
View ArticlePolice Brutality: Delta to establish Victims’ Support Fund, inaugurates Panel...
Delta Governor, Sen. (Dr) Ifeanyi Okowa, on Monday announced that the state government would establish a Special Victims’ Support Fund for the payment of monetary compensation to deserving victims of...
View ArticleAKWA IBOM: Gov. Udom Emmanuel devotes largest Chunk of 2021 Budget to Education
Eyo Akaiso, Uyo. Out of a total outlay of N485. 652 bn draft budget for 2021 presented before the Akwa Ibom house of assembly by the Governor, Deacon Udom Emmanuel, a whooping N267. 557 re-presenting...
View ArticleNANTS warns traders against buying, selling looted items
The National Association of Nigerian Traders (NANTS) has warned its members to avoid buying or selling any item stolen or unlawfully carted away by hoodlums, following reports of massive destruction...
View ArticleCBN releases framework for N-YIF
. Targets 500,000 jobs in 3 years. COMFORT EKELEME The Central Bank of Nigeria (CBN) has released framework for operation of the NIRSAL Microfinance Bank window of Nigeria Youth Investment Fund...
View ArticleNigerian Breweries approves N1.9billion dividend for shareholders for q3 2020
The Board of Directors of Nigerian Breweries Plc has released the Company’s results for the nine-month period ended September 30, 2020 with shareholders set to receive an interim dividend of N1.9...
View Article#EndSARS: We’re still quantifying our losses – BRT Operators
The Operators of the Bus Rapid Transit (BRT) in Lagos say they are still quantifying the losses incurred by the two-week suspension of operations, occasioned by the violence that trailed the recent...
View ArticleAirline operators owe FG N19.364bn, $6.99m in unremitted fees – Minister
.as Senate fumes as FG approves N5bn bailout for aviation sector Adekunle Adesuji, Abuja The Minister of Aviation, Hadi Sirika, Monday accused airlines operating in the country of owning the Federal...
View ArticleGive special forex allocation to beneficiaries of N100bn healthcare...
.’Extend loan moratium to 2 years’ COMFORT EKELEME After accessing the Central Bank of Nigeria’s (CBN) Health Sector Support Facility, operators in the Pharmaceutical industry who are beneficiaries are...
View ArticleBankers, judges, others to discuss new normal at national seminar — CIBN
Key players in the banking industry and the judiciary are to discuss the new normal as it affects both fields at the 20th Annual National Seminar on Banking and Allied Matters for Judges. The Seminar,...
View ArticleUBA records improved performance amid COVID-19
COMFORT EKELEME Despite the negative impact of COVID-19 pandemic on businesses around the world, United Bank for Africa (UBA) Plc said it has seen improved performance. The bank noted that this...
View ArticleFAAC: FG, States, LGCs share N604bn for October
Mr Aliyu Ahmed, the Permanent Secretary, Ministry of Finance, Budget and National Planning on Wednesday said the three tiers of government shared N604.004 billion as federation allocation for October....
View ArticleNigeria plunges into Second Recession in five years
Nigeria, Africa’s biggest economy, has entered its second recession in five years as official figures published on Saturday show that the economy shrank again in the third quarter of this year. This...
View ArticleZenith Bank’s PBT hits N177bn in Q3 2020
COMFORT EKELEME Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2020 with a Profit Before Tax (PBT) of N177 billion, representing a 1per cent growth over...
View ArticleFCTA, with the support of AFDP, moves to establish SAPZ on livestock...
Favour Shuaib, Abuja. The FCT Administration has said that plans are underway, with the support of the African Development Bank (AfDB), to establish a model Special Agro-industrial Processing Zone...
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