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Channel: Business & Economy Archives - Champion Newspapers LTD
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Lagos targets 8,000 youth entrepreneurs, holds BizFair for MSMEs

IBRAHIM QUADRI Lagos government said plans are in the pipeline to empower 8,000 youth entrepreneurs under its Jobs Initiative Lagos (JIL) aimed at preparing participants for immediate entry into the...

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Fidelity Bank grows profits by 34.7% to N37.8bn in 9 months

In line with its upward growth trajectory, leading financial institution, Fidelity Bank Plc, has posted an impressive 34.7 percent growth in profits from N28.1bn at the end of Q3 2021 to N37.8bn for...

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Labour union condemns jumbo severance pay for political office holders

… Says Nigerian workers, will resist it. UFOMBA UZUEGBU Organized labor, under the agies of the Trade Union Congress of Nigeria, TUC, has described as state robbery, the proposed jumbo severance pay...

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Health professionals blame increasing ill-health, brain-drain on unconducive...

…Urge preventive, cost-reflective medical care     Practitioners under the Lagos State branch of the Association of Nigeria Private Medical Practitioners (ANPMP) have condemned the generally poor and...

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ALAT of Wema Bank Shows How to Live a Soft Life in a New Video

  We are going through interesting times in the country today. Nigeria is a country blessed with a lot of potentials but it seems to struggle. The suboptimal developmental realities have put many...

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Economic devt: ISAN tasks FG on strong judicial system 

The Independent Shareholders Association of Nigeria (ISAN) has urged the Federal Government to strengthen the capacity of the judicial system for economic growth. ISAN said that the nation’s judicial...

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NDIC issues verification notice to depositors of defunct Post Service...

  The Nigeria Deposit Insurance Corporation (NDIC) has issued verification notices to depositors of Post Service Savings and Loans in liquidation. The NDIC on its official Twitter handle on Saturday...

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Dangote Sugar posts N36.27bn profit in nine months

  COMFORT EKELEME Business Editor Dangote Sugar Refinery Plc has announced a Profit Before Tax (PBT) of N36.27 billion for the nine months ended September 30, 2022. According to the sugar refiner’s...

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Unity Bank posts N2.2bn profit in Q3, grows gross earnings by 17%

  Unity Bank Plc has declared a N2.2 billion profit for the nine-month period ended Sept. 30. The company stated this in its third quarter result released on Friday in Lagos. The profit represented a...

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Why Labour is skeptical over sale of Polaris bank

  …..Vows to defend rights, interests of members,others By UFOMBA UZUEGBU Organized Labour under the aegis of National Union of Banks,  Insurance and Financial Institutions’Employees(NUBIFIE) has...

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Q3: Dangote increases cement sales by 6.2% to 20.8mt as it embraces...

 For the third quarter of 2022, the Management of Dangote Cement has recorded an increase in the overall volume of cement sales by 6.2 percent to 20.8metric tons. This was achieved despite the elevated...

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Ecobank hosts Kelechi Amadi’s ‘Amazing Nigeria’ photo exhibition

One of Nigeria’s foremost photo-storytellers, Kelechi Amadi-Obi in partnership with The Macallan is organizing a photography exhibition themed “Amazing Nigeria”. The exhibition which holds from...

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Subair Lauds Tinubu, Sanwo-Olu, LIRS staff over tax revolution in Lagos

UGO AMADI   ….As New Telegraph Set to Honour LIRS boss The executive chairman of the Lagos State Internal Revenue Service, LIRS, Mr Ayodele Subair has attributed the success of the unprecedented tax...

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BoI, LBS reiterate support for entrepreneurship development in Nigeria

The Bank of Industry (BoI) and the Lagos Business School (LBS) have reiterated the commitment of both institutions to developing the capacities of Micro, Small and Medium Enterprises (MSME) in the...

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NPA: 15 ships discharge petroleum products, others at Lagos ports

The Nigerian Ports Authority (NPA) on Monday said 15 ships at the Lagos ports were discharging petrol and other items.   It listed the items being discharged as bulk wheat, general cargo, container,...

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Cancer Week: Africa records over  1.1m new cases yearly — WHO

.’Cases to exceed global average by 30% in next 20 years   By AKOR SYLVESTER-Abuja     The World Health Organisation (WHO) has raised alarm over the scourge of cancer in Africa continent, saying,...

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FG bemoans slow growth in mining sector despite abundance of mineral resources

Favour Ishember, Abuja Despite the  glorious contribution of the mining sector to our national economy in the past and the abundance of mineral resources found in almost every state of the Federation,...

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Dangote promises to deepen economic activities, sponsors 2022 Lagos...

    Pan African conglomerate, Dangote Industries Ltd has said it would continue to partner stakeholders to deepen commerce, industry and economic activities in the country so as to strengthen the...

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Parallex Bank’s MD receives CIBN’s Honorary Fellowship

  Parallex Bank’s Managing Director, Mr Olufemi Bakre, was on Saturday, October 29th, 2022 conferred with the Honorary Fellowship of the Chartered Institute of Bankers of Nigeria (CIBN), the highest...

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Zenith Bank’s endless awards: A testament to consistent, robust support for...

COMFORT EKELEME, Business Editor Over the years, Zenith Bank’s track record of remarkable performance has continued to distinguish the lender in many unique ways, attracting both local and...

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