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  Islamic Bank approves $1.8bn for development programmes in Nigeria.

  ODUNITAN AYENI, Abuja The Islamic Development Bank (IsDB) from Jeddah, Saudi Arabia has approved a total financing of $1.8 billion for funding development programmes in Nigeria. IsDB President, Dr...

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Fidelity Bank supports Pinnacle Oil and Gas to ease petroleum products...

      As part of its efforts towards facilitating the distribution of petroleum products across the country and in support of the federal government’s reforms in the nation’s oil industry, leading...

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AfDB, JICA provide $244m for emergency food production in Nigeria

    The African Development Bank (AfDB) and the Japan International Cooperation Agency (JICA), have provided 244 million dollars for emergency food production in Nigeria. The President of the AfDB,...

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How vessels are used to steal Nigeria’s crude oil undetected – NPA MD

  .Says we don’t have Vessel Traffic Services .’Onne, Calabar ports ISO certified’ .As FG unveils plans to surpass 1.8mb/d OPEC quota .Why fuel cost N200 per litre — IPMAN .Don’t engage in panic...

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Flood wreaks havoc in Onitsha Industrial Estate; Otunba Meshioye, Ada...

National President, Manufacturers Association of Nigeria, MAN, Otunba Francis Meshioye and Chairman, Manufacturers Association of Nigeria, MAN, Anambra, Enugu and Ebonyi States Chapter, Lady Ada...

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First Bank will continue to finance infrastructure projects in energy sector...

MRS Oluwatoyin Aina, Head, Energy, Downstream and International Oil Trading, First Bank of Nigeria (PLC), says the bank has financed several projects in the energy sector and will continue to do so....

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Blockchain technology to grow to $39bn by 2025-NITDA

    The National Information Technology Development Agency (NITDA) on Wednesday, said the global market for blockchain technology was expected to grow over $39billion by 2025.   Director-General of...

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N1bn Dangote Promo: Over 100 customers become Instant millionaires on Wednesday

More customers are reaping the reward of their loyalty and patronage of Dangote Cement in Nigeria as the company made over 100 of them instant millionaires across the country in a single day in the...

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400 farmers receive free agricultural inputs from Senator Sam Egwu...

    By Clement Nnachi (abakaliki)   No fewer than 400 farmers from Ebonyi North Senatorial Zone on Wednesday received free agricultural inputs, courtesy of the Senator representing abakaliki, Izzi,...

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National Carrier will bring down price of air ticket in the country  – Minister 

By Adekunle Adesuji Minister of Aviation, Hadi Sirika on Wednesday disclosed that the high air ticket will come down when the Nigeria Air kick start operation in December , 2022. The Nigeria Air is...

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GTCO’s PBT hits N169.7bn in 2022

COMFORT EKELEME, Business Editor   Guaranty Trust Holding Company Plc has released its Unaudited Consolidated and Separate Financial Statements for the period ended September 30, 2022, to the Nigerian...

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SME financing: Union Bank wins Global Finance Award

COMFORT EKELEME, Business Editor   Union Bank of Nigeria has been named the Best Small and Medium Enterprises (SMEs) bank in Nigeria by Global Finance – a leading financial international publication,...

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Non-interest capital market to facilitate housing development — SEC

The Securities and Exchange Commission (SEC) says the non-interest segment of the capital market is capable of financing the housing sector and leading to better well-being of citizens. A statement by...

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Okowa presents N561 bn budget proposal to Delta Assembly

  By Barry Agbanigbe, Asaba   Against all odds and speculations in the polity, Delta State Governor, Dr. Ifeanyi Okowa said he would remain resolutely focused in providing good governance and service...

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Sanwo-Olu prioritises human capital, environment, infrastructure as Gov...

  .‘Test-running of Lekki Deep Seaport begins next week’ .Obasa lists 3 major areas Lagos 2023 budget must address   IBRAHIM QUADRI and Victory Orimemi   Lagos State Governor Babajide Sanwo-Olu has...

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Zenith Bank’s PBT hits N202.5bn in Q3

  …..forges ahead with double digit growth in gross earnings COMFORT EKELEME, Business Editor Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2022,...

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FBN Holdings grows profit to N91.2bn in Q3

  COMFORT EKELEME FBN Holdings (FBNH) Plc has declared a profit after tax (PAT) of N91.2 billion for the third quarter ended September 30. The company stated this in its third quarter result released...

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FAAC shares N760.235 billion to FG, States, LGAs

  The Federation Account Allocation Committee (FAAC) has shared a total sum of N760.235 billion September 2022 Federation Account Revenue to the Federal Government, States and Local Government Areas....

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Finance  Minister  rejects naira redesign, warns CBN of consequences 

Adekunle Adesuji, Abuja Minister of Finance , Budget and National Planning , Zainab Ahmed , has  rejected new proposal by the Central Bank of Nigeria (CBN) to redesign naira warning the apex bank of...

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Katsina Govt spends over N4bn on 399,550 SSCE candidates fees in 7 years...

  .Releases N1b for 2022 payment BY ANDY ASEMOTA, Katsina Dr. Badamasi Lawal, the Katsina State Commissioner for Education, says the state government has released over one billion naira for the...

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