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OPS berates NASS over frequent summon of members
..Says it has potential to discourage genuine investors UFOMBA UZUEGBU Organized Private Sector of Nigeria (OPSN) has expressed dismay over the frequent invitations of members by the National...
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Lab-grown blood given to people in world-first clinical trial
Blood that has been grown in a laboratory has been put into people in a world-first clinical trial, UK researchers say. Tiny amounts – equivalent to a couple of spoonfuls – are being tested to see...
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Transcorp promises enhanced returns to stakeholder
The President of Transnational Corporation Plc, Owen Omogiafo, said that the company would optimise its existing assets to deliver value and high returns to all its stakeholders. Omogiafo said this at...
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Buhari congratulates FBN on 40 years of cross-border banking in UK
.’Strength of any country depend largely on banking sector’ COMFORT EKELEME President Muhammadu Buhari has congratulated the extends the Board, Management, and Staff of First Bank Nigeria (FBN)...
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NDIC begins verification for depositors of Service Saving & Loans
.Declares 100% dividends for 20 banks in liquidation COMFORT EKELEME, Business Editor The Nigeria Deposit Insurance Corporation ( NDIC) said it has commenced verification of depositors...
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Possible epidemic: FG, WHO train Nigerians on emergency response
By AKOR SYLVESTER-Abuja In order to rapidly respond to any outbreak of epidemic or pandemic in the country, the World Health Organisation (WHO) in collaboration with the federal government is...
View ArticleAgusto upgrades EDC Nigeria money market fund rating
COMFORT EKELEME, Business Editor Pan- African credit rating agency, Agusto & Co has upgraded the rating of EDC Nigeria Money Market Fund (EDC MMF) to A(f). Funds rated ‘A(f)’ are deemed...
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2023 Budget: State House defends N21.1bn before Reps
The Permanent Secretary, State House, Tijjani Umar on Tuesday defended the 2023 budget proposal of N21.1 billion before the House of Representatives Committee on Special Duties, headed by Hon....
View ArticleRevenue generation: FIRS appoints MTN, Airtel, banks to withhold VAT
To further improve revenues into the federal account, the Federal Inland Revenue Service (FIRS) has appointed MTN, Airtel, as well as Deposit Money Banks (DMBs) in Nigeria to withhold Value Added...
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Takuma, Oramah,Chike-Obi, to speak at Fidelity Bank’s fast-growing Nigerian...
Fidelity Bank Plc, Nigeria’s leading financial institution, has announced the keynote speakers for the Fidelity International Trade and Creative Connect (FITCC) exhibition and conference, which...
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ILO commends Nigeria’s commitment to decent work
By AKOR SYLVESTER-Abuja The International Labour Organisation (ILO) has extoled Nigeria for the ratification of two Conventions – C187 (2006) Promotional Framework on Occupational Safety and Health...
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NDIC begins verification for depositors of Service Saving & Loans
.Declares 100% dividends for 20 banks in liquidation COMFORT EKELEME, Business Editor The Nigeria Deposit Insurance Corporation (NDIC) said it has commenced verification of depositors of post...
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British International Investment accelerates climate finance commitments at...
Already delivered $500m in climate finance this year, above its 30% target British International Investment (BII), the UK’s development finance institution and impact investor, on Wednesday said it...
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Our investment focuses on creating value for stakeholders – Dangote
Hajiya Halima Aliko-Dangote, Executive Director, Commercial Operations, Dangote Group, on Wednesday restated the company’s commitment to creating value for all stakeholders across its subsidiaries via...
View ArticleLCCI hails Dangote on provision of infrastructure, job creation
Dangote Industries Limited sustained efforts at providing basic infrastructure through various intervention projects have received the commendation of the Lagos Chamber of Commerce and Industry...
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Financial institutions should assist govt in funding education -Access Bank...
Chairman of Access Bank Plc, Dr. Ajoritsedere Awosika, has called on other financial institutions and well-meaning Nigerians to assist government at all levels in funding the education sector....
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Debt stock rises to N42.84 trn in Q2 -NBS
Nigeria’s public debt stock increased from N35.46 trillion (86.57 billion dollars) in the second quarter of 2021 to N42.84 trillion (103.31 billion dollars) in the corresponding period in 2002. Public...
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Ogun set to host $3b refinery in Tongeji Island
The Governor Dapo Abiodun-led administration in Ogun State on Wednesday took a major step in making the state an oil producing one as a firm, Gasoline Integrated International, expressed its...
View ArticleFCT Board disburses N8bn to 1,217 retirees in 6yrs
Favour Ishember, Abuja The Federal Capital Territory (FCT) Area Council Staff Pension Board has disbursed over eight billion Naira as accrual benefits to 1,217 retirees over the period of six years-...
View ArticleNDDC Restates Commitment to IFAD Agric Programme for Youths
The Niger Delta Development Commission, NDDC has re-stated its commitment to the sustenance of the Livelihood Improvement Family Enterprises Programme in the Niger Delta, LIFE-ND. The NDDC Acting...
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