Adesina tasks FG on management of diversity
-Calls for a nation unified by sense of common wealth COMFORT EKELEME, Business Editor President of the African Development Bank, Dr. Akinwunmi Adesina has said Nigeria must start managing its...
View ArticleZenith Bank: Consolidating the giant strides of over three decades
THOMAS IMONIKHE It was not a mere coincidence that Zenith Bank Plc clinched double recognition recently ahead of its 31st anniversary as a commercial financial institution. Rather, the awards were...
View ArticleExpectations as new leaders emerge at GTB
COMFORT EKELEME, Business Editor In every successful organization, effective management is one of the most important tasks confronting the leadership, despite the type, size, market, or industry....
View ArticleClean energy: Lafarge Africa launches natural gas-powered trucks
COMFORT EKELEME Lafarge Africa Plc has again reaffirmed its commitment towards affordable and clean energy (SDG7), through the launch of a new set of 52 Natural Gas (LNG) fueled trucks. The...
View ArticleCBN affirms safety, resilience of Nigerian banks
COMFORT EKELEME Acting Director, Corporate Communications Department, Central Bank of Nigeria (CBN) Mr. Osita Nwanisobi, said the nation’s banking had proven to be sturdy, despite the global...
View ArticleDHL launches dedicated air freight service from China to Africa and Middle East
Global Forwarding has launched a dedicated 100-tonne weekly air freight service for organisations and governments shipping goods from China to Africa and Middle East. Capitalising on Dubai’s strategic...
View ArticleUBA’s profit hits N32.7bn in Q1
COMFORT EKELEME United Bank for Africa Group (UBA) Plc has released its unaudited results for the first quarter ended March 31, 2020, showing double-digit improvement across all its major income...
View ArticleCOVID 19: Lending still possible using CRC Credit Bureau’s automated service
COMFORT EKELEME CRC Credit Bureau is making lending easier for financial institutions who have automated their lending applications via an Application Program Interface (API). According to the...
View ArticleFAAC ; FG, States, LGs share N661.427bn as March 2020 revenue
PAULETTE ORJIME, Abuja FEDERATION Accounts Allocation Committee (FAAC ) has agreed to distribute N661.427 billion as March 2020 Federation Account Revenue to Federal, States and Local Government...
View ArticleImpact of COVID-19: Arik Air adopts 80% salary cut for staff
… as local airline forces 90% of staff to proceed on unpaid leave til further notice This is not the best of times for workers in Nigeria in particular and the world at large as the Impact of the...
View ArticleCovid 19: Nigeria’s economy can’t stand extension of lockdown — Yusuf
—–Says economy will require up to 1yr to rebound COMFORT EKELEME Worried over the current state of the economy, Director General, Lagos Chamber of Commerce and Industry (LCCI) Muda Yusuf said that the...
View ArticleUnegbu tasks banks on management of post COVID-19 debts
…Mulls generous moratorium COMFORT EKELEME Managing Director, Maxifund Securities Limited, Mazi Okechukwu Unegbu has canvasses the need for banks in Nigeria to grant generous moratorium their...
View ArticleFMDQ admits United Capital, Sterling Bank commercial paper notes to its platform
COMFORT EKELEME FMDQ Exchange Limited (“FMDQ) has admitted the United Capital Plc ₦1.35billion Series 1 and ₦3.97billon Series 2 CP under its ₦20.00bn CP Issuance Programme and the Sterling Bank Plc...
View ArticleAkwa Ibom Reviews 2020 Budget
The Akwa Ibom Government has reviewed its 2020 budget downward in line with the current economic realities occasioned by the impact of the coronavirus pandemic ravaging the world. This was one of the...
View ArticleUnion Bank posts N6.2 billion PBT In Q1
COMFORT EKELEME Union Bank Plc said its Profit Before Tax (PBT) went up by 15 per cent to N2.6 billion as against the N5.2billion in the first quarter ended March 31, 2020. In its unaudited financial...
View ArticleInvestors traded N13.979bn shares this week
Investors In the floor of the Nigerian Stock Exchange (NSE), this week traded a total turnover of 1.195 billion shares worth N13.979 billion in 20,591 deals in contrast to a total of 1.495 billion...
View ArticleInvestors exchange N13.979bn for 1.2bn shares in one week
Investors on the floor of the Nigerian Stock Exchange (NSE), last week traded a total turnover of 1.195 billion shares worth N13.979 billion in 20,591 deals in contrast to a total of 1.495 billion...
View ArticleEquity market maintsins bullish runs, gains N58b
Investment in the nation’s equity market yesterday remained bullish, appreciating by N58 billion. Specifically, market capitalisation of listed equities increased by 0.49 per cent to N11.844...
View ArticleEquity market closes high, gains N73b
COMFORT EKELEME Trading activities on the floor of Nigerian Stock Exchange (NSE) Wednesday continued in an upward trend, improving by N73 billion. Market Capitalisation of listed equities...
View ArticleEquity market closes northward, rises by N80b
Transactions on the floor of Nigerian Stock Exchange Thursday sustained growth profile as value of equities appreciated by N80 billion. Specifically, market capitalisation of listed equities...
View Article