Business

Global Credit Rating: Nova Merchant Bank upgrades to Better Business Bureau (BBB)

  Boasting of strong capitalisation, risk position, liquidity and evolving brand, NOVA Merchant Bank, has been upgraded by the Global Credit Rating from...

UBA names Mrs Caroline Anyanwu as Board member

  United Bank for Africa (UBA), the leading pan-African financial services institution, has appointed Mrs Caroline Anyanwu into its Board of Directors. The...

Oil block OML 17 acquisition targets tripling production, raising 27,000bpd to 100,000bpd – Tony Elumelu Group

  The oil block OML 17 acquisition of from Total and Shell by the Tony Elumelu Group will see the tripling of production...

Transcorp boosts of 2000 megawatts of electricity generating capacity

  Transnational Corporation of Nigeria Plc (Transcorp) says it has completed the acquisition of Afam Power Plc and Afam III Fast Power, taking...

Addax oil lease revocation: How Buhari burst in on Senator Magnus Abe and others’ deal, restores Nigeria’s integrity

  Former Senator Magnus Abe’s ire following President Muhammadu Buhari’s intervention in the revocation of four oil mining leases belonging to Addax Petroleum...

Fidelity Bank records 53.9% growth, Profit-Before-Tax of N10.1bn in 2021 Ist Quarter

Top Nigerian lender, Fidelity Bank Plc recorded a strong financial performance in the first quarter of 2021, posting appreciable growth in profits for...

First Bank names Mr Gbenga Shobo as MD/CEO

First Bank names Mr Gbenga Shobo as MD/CEO

The appointment of Mr Gbenga Shobo, as the new Managing Director of First Bank Plc has been announced. Until his appointment, Shobo was...

KEDCO, Konexa sign MoU for $100m renewable energy for 30, 000 electricity consumers in Kano

KEDCO, Konexa sign MoU for $100m renewable energy for 30, 000 electricity consumers in Kano

  $90m Kaduna project ready before end of 2021 Driven by the need to provide electricity for at least 30, 000 houses in...

Transcorp announces new board appointments, CEOs of subsidiaries --Tran-Afam Power Ltd, Transcorp Energy Ltd

Transcorp announces new board appointments, CEOs of subsidiaries –Tran-Afam Power Ltd, Transcorp Energy Ltd

  Ozoude is MD/CEO of Tran-Afam Power Ltd, Ikenga is MD/CEO, Transcorp Energy Ltd The Board of Transnational Corporation of Nigeria Plc (Transcorp),...

NNPC Chief Finance Officer disowns cloned telephone number by fraudsters, says not soliciting funds

NNPC Chief Finance Officer disowns cloned telephone number by fraudsters, says not soliciting funds

  Internet fraudsters are at it again with the latest cloning of the telephone number of the Chief Finance Officer of the Nigerian...

UBA Kicks Off 2021 On Impressive Note, Records 27% Profit-after-tax of N40.6bn in 1st Quarter

With an impressive double-digit growth across most of its major income lines, Pan African financial institution, the United Bank for Africa (UBA) Plc...

Ibom Air CRJ-900

Ibom Air Is the Most On-time Airline in Nigeria

If you need to get to your destination on time, you shouldn’t treat every airline in Nigeria equally. Ibom Air has the highest...

How NIRSAL Grew Seed Capital to N131bn in Three Years

Through innovative approaches and instruments aimed at eliminating risks associated with agriculture and improving funding to indigenous farmers, NIRSAL, the Nigeria Incentive-Based Risk...

Polaris Bank Webinar outlines strategies on how women could build wealth

  Nigerian women have been urged to explore vista of investment opportunities in the country to create and build sustainable wealth. Experts in...

World Economic Forum names 2 Nigerians, 9 African youths as Young Global Leaders, to get Aliko Dangote Fellowship

  Eleven young enterprising Africans, among them two Nigerians, who have been named Young Global Leaders (YGL) by the World Economic Forum (WEF)...

Qualified Asset Managers get March 31 for expression of interest for InfraCorp

    The deadline for the expression of interest from qualified asset managers active in the infrastructure sector to manage the Infrastructure Corporation...