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Dangote Sugar posts N29:73bn profit in H1
COMFORT EKELEME Dangote Sugar Refinery Plc has recorded a Profit Before tax (PBT) of N29.73 billion for the half year ended June 30, 2022. According to the refiner’s unaudited results posted...
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FG disburses N66bn to 1.2m Nigerians under MSME Survival Fund, says minister
The Federal Government on Tuesday said it disbursed N66 billion to 1.2 million Nigerians under its Micro Small and Medium Enterprises (MSMES) Survival Fund and Guarantee Off-Take Scheme. The...
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PFAs generated N125bn in 2021 – PenCom
Pension Fund Administrators (PFAs) earned N125.39 billion in the financial year ended Dec. 31, 2021, the National Pension Commission (PenCom) said in a report. PenCom stated this in its 2021 annual...
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N450 million Contracts Scam Rock Ogun Osun Rivers Basin as Senate Orders Refund
By Adekunle Adesuji The Senate Public Account Committee (SPAC) on Tuesday how Officials of Ogun Osun Rivers Basin inflated the construction of water dams, overhead tanks totaling about N450 million...
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‘We have built structures to sustain gains of $500m investment in Edo oil...
. The Edo State Governor, Mr. Godwin Obaseki, has said that the state government has built a formidable structure to sustain the gains of the $500m investment in the state’s oil palm sector. The...
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Boosting Exports: MAN Commends NPA Initiatives.
Director -General of the Manufacturers Association of Nigeria (MAN) Mr. Segun Ajayi Kadir mni. has commended the initiatives of the Mohammed Bello Koko led management of the Nigerian Ports Authority...
View ArticlePERM SEC CHARGES ENGINEERS ON ECONOMIC GROWTH, JOB CREATION.
By AKOR SYLVESTER-Abuja Permanent Secretary, Federal Ministry of Works and Housing, Bashir Nura Alkali, has charged Nigerian Engineers to come up with resolutions that can lead to economic growth and...
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NDLEA arrests Pastor’ with 3 drums of Mkpuru Mmiri in A/Ibom, intercepts...
A trans-border drug dealer, Pastor Anietie Okon Effiong has been arrested by operatives of the National Drug Law Enforcement Agency, NDLEA, with three drums of crystal methamphetamine, locally called...
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Climate change to cost Nigeria $460bn by 2050 – Expert
Prof. Chuwumerije Okereke, Director, Centre for Climate Change and Development at the Alex Ekwueme Federal University, Ebonyi State, says climate change will cost Nigeria $460 billion by 2050, if...
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Access Bank to boost small businesses in Nigeria with $280 million DFC financing
DFC CEO Scott Nathan and Access Bank Managing Director Roosevelt Ogbonna signed the commitment letter in a ceremony during CEO Nathan’s visit to West Africa . U.S. International Development Finance...
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Fidelity Bank, Njikota Igbo Daughters Association to collaborate on women...
Igbo women group, Njikota Igbo Daughters Association Lagos have initiated discussions with Fidelity Bank on a partnership and collaboration for the implementation of series of skill and capacity...
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Jaiz Bank profit increases by 27.6% in six months
Jaiz Bank Plc has announced its unaudited results for the six months ended June 30, 2022 with a Profit After Tax (PAT) of N2.54 billion. The company said this in a statement on Sunday in Lagos. The...
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Collaboration key to driving growth in financial sector –Lawal
COMFORT EKELEME Managing Director, Interswitch Purepay, Akeem Lawal has said stressed the To accelerate growth and for players in the financial service industry including banks, telcos, and...
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Revenue growth: Edo to support 500 MSMEs grow revenue to N10m
The Edo State Government has unveiled the State Skills Development Agency (EdoJobs) Entrepreneurship Roadmap 2.0 targeted at assisting 500 Micro, Small, and Medium Enterprises (MSME) communities...
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How to cushion Nigeria’s rising debt portfolio — LCCI
The Lagos Chamber of Commerce and Industry (LCCI) has called on the Federal Government to adopt measures to increase the country’s revenue and borrow from cheaper sources to cushion Nigeria’s debt...
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Sterling Bank declares 41% increase in profit
Sterling bank Plc has announced 41 per cent increase in profit after tax to N8.0billion in its half year (h1) unaudited financial statement for period ended June 30, 2022 from N5.7billion reported...
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COVID-19: Taking vaccine now civic responsibility, says minister
By AKOR SYLVESTER-Abuja The minister of Health, Osagie Ehanire yesterday expressed dissatisfaction over the slow space of COVID-19 vaccination in the country, saying the country needs to run...
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Reps PAC C’ttee summons terminal operators over $68.4m debt owed FG
JONAS EZIEKE, Abuja The Public Account Committee, PAC, of the House of Representatives is investigating the Nigerian Port Authority, NPA and Terminal Operators (Nigeria) Limited over $68,473m debts...
View ArticleConsumer promo: Dangote Cement’s decision to give out N1billion to customers...
…As Six customers win N1m each in Lagos Six consumers of Dangote Cement yesterday emerged the first set of millionaires in Lagos with the Company presenting them with their winnings amidst...
View ArticleNPA begins construction of 4.5km access road to Onne Port
UGO AMADI The Nigerian Ports Authority (NPA) has flagged off the construction of the 4.5 kilometers access road ‘D’ at the Federal Ocean Terminal in Onne Port Complex to ease the movement of cargo in...
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