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ICPC Recovers N1.1 billion in Q1 2021

..Seizes 29 buildings, 13 businesses The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has stated that over N1.1 billion was forfieted to the Federal government between...

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New board for FirstBank: No cause for alarm, says management

.Assures of financial system stability COMFORT EKELEME, BUSINESS EDITOR Management of First Bank of Nigeria Limited has reassured the public, esteemed customers and stakeholders of the bank’s...

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Edo to attract investment in infrastructure through Tax Credit Scheme

The Edo State Governor, Mr. Godwin Obaseki, has signed an executive order to deepen investment in infrastructure and the social sector in the state through the Infrastructure Development and Social...

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Dangote assures Tanzania govt of increased investment

… Promises to woo more investors to Tanzania President of Dangote group, Aliko Dangote on Monday assured the new President of Tanzania, Samia Suhulu that Dangote group will increase its investment in...

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Nigeria stands to earn $700 m annually from Sugar Backward Integration -Dangote

…Dangote Sugar records 13.7% increase in production in 2020 Dangote Sugar Refinery Plc has urged government to faithfully follow through the Backward Integration Policy in the sugar industry as the...

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Fidelity Bank celebrates Children’s Day

. Doles out N150,000 62 SWEETA holders COMFORT EKELEME Fidelity Bank Plc has doled out N150, 000 to 62 Sweet Account (SWEETA) holders across the country, a whopping total of N9.3 million. Also, as part...

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Wema Bank deepens financial literacy for SMEs with Webinar

Nigeria’s leading innovative bank, Wema Bank Plc, has again demonstrated its commitment to deepening financial literacy and optimisation among its customers, particularly SMEs, with a webinar themed...

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Finally, Dangote Fertiliser commences production of Urea

… Hits Market Monday To the admiration of key financial sector operators present, the Dangote Fertilizer Limited announced yesterday the formal commencement of production of Urea in commercial quantity...

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Cotton production: Ogun to create 14,000 new jobs, acquires 4,500 hectares of...

…Partners CBN, Prime Anchor Determined to increase cotton production and revive textile industry in the country, Ogun State has commenced cultivation of cotton on 4,500 hectares of land and entered...

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Twitter Ban: Nigeria loses N24.72bn in 10 days

Nigeria has lost N24.72bn ($60.14m) in 10 days to the Twitter ban that took effect on June 5. According to NetBlocks Cost of Shutdown Tool, Nigeria loses N102.9m ($250,600) every hour to the ban. The...

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NEXIM Bank urges FG to boost regional trade

The Nigerian Export-Import Bank (NEXIM Bank) has advised the Federal Government to make effort to boost Nigeria’s trade in the ECOWAS and African continent. Mr Abba Bello, Managing Director, NEXIM...

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POS operator in court for allegedly absconding with employer’s N510,000

A 26-year-old operator of Point of Sale (POS), Adams Adinoyi in a Karu Grade I Area Court for allegedly absconding with his employer’s N510,000. The police charged Adinoyi with two counts of theft and...

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AEA strategies on ways to boost rural entrepreneurship, empower 200 women,...

Favour Ishember , Abuja As a strategy of achieving its mandate to empower women and youths in the FCT, No fewer than 200 women and youths will be trained by  the Abuja Enterprise Agency (AEA), to build...

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Looted Funds: Reps, Polaris Bank MD disagree on outstanding $32M to NNPC

From Jonas Ezieke, Abuja Members of the House of Representatives Ad-hoc Committee on Recovery of Looted Funds and Assets and the Managing Director Polaris Bank Ltd Mr Innocent Ike Thursday disagreed on...

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Tesla to ‘recall’ over 285,000 cars in China due to faulty software

Electric car giant Tesla will “recall” over 285,000 cars from the Chinese market after an investigation found issues with its assisted driving software that could cause road collisions, a government...

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Julius Berger completes more roads for commissioning by the River State govt.

….as Gov. Wike flags off another Road and Flyover 9 for construction by the Sector Leader The Rivers State Government during the week commissioned more projects successfully completed and delivered...

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Over 40m women owned businesses to benefit from Ecobank’s Ellevate

COMFORT EKELEME, BUSINESS EDITOR Managing Director, Ecobank Nigeria, Patrick Akinwuntan has said that the Ellevate product introduced to the nation’s financial landscape on Wednesday is targeted at...

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Sterling Bank pledges support for Lagos Tourism Masterplan

COMFORT EKELEME, BUSINESS EDITOR   Sterling Bank Plc has pledged support for the 20-year Lagos State Tourism Masterplan and Policy crafted to transform the State of Aquatic Splendour into one of the...

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Nigeria needs to invest in its youth to succeed: Adesina

AfDB President Akinwumi Adesina has made a case for more investment in Nigeria’s youth, saying the investment is the key to the country’s progress. “For Nigeria to be all that it can be, the youth of...

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Fidelity Bank unveils 7-point agenda to get ahead of competition

Fidelity Bank Plc. has unveiled a seven-point agenda aimed at making it to Tier-One in Nigeria and getting ahead of competition. The agenda unveiled by the bank’s Chief Executive Officer/ Managing...

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