Business
I welcome Otedola’s investment in Transcorp — Tony Elumelu
Mr Tony Elumelu, Group Chairman of Transnational Corporation Plc (Transcorp) and UBA, says he welcomes the former Chairman of Forte Oil Plc, Mr...
Transcorp Group announces gross earnings of N134.7bn, N66.4bn profit in 2022
Transnational Corporation Plc (NGX: TRANSCORP), Nigeria’s largest diversified conglomerate with investments in power, hospitality, and oil and gas, has declared gross earnings of...
AMCON’s recovery of about N1.4trn, a feat, says Uneze
The Executive Director, Assets Management Corporation of Nigeria (AMCON), Dr Eberechukwu Uneze, says the recovery of over N1.4 trillion out of the total...
Nigeria’s 2060 net-zero emission target: NSIA, Vitol seal joint venture deal for carbon avoidance, carbon removal project
"I am particularly pleased that this initiative is a Joint Venture between two important players in their respective fields, targeting one common goal:...
Again in upward swing, UBA records gross earnings increase from N660.2bn in 2021 to N853.2bn in 2022
In an upward swing, Africa’s global bank, United Bank for Africa (UBA) Plc, has released its audited financial results for the full year...
Forgery allegation against MD, other officials untrue, spurious – First Bank management
“The bank operates by the highest standards of ethical conduct and will under no circumstances involve itself in any act of illegality just...
Cash crunch: Commercial banks to open Saturday, Sunday — CBN
“The CBN has directed all banks to load their Automated Teller Machines (ATMs) as well as conduct physical operations in the banking halls...
Naira scarcity: Reps demand overhaul of internet banking platforms
Nigeria’s Central Bank has been directed by the House of Representatives to order commercial banks to overhaul their existing online/electronic banking platforms for...
Nigeria Air to commence flights before May 29, says Sirika
The Minister of Aviation, Sen. Hadi Sirika, has disclosed that the proposed national carrier, Nigeria Air, will fly before May 29, 2023. Sirika,...
Another crisis rocks Seplat Energy as it terminates consultancy agreement with ex-chairman
An end is not in sight yet to the crisis rocking Seplat Energy as its Board of Directors unanimously terminated the consultancy agreement...
60 entrepreneurs celebrate Tony Elumelu, doyen of Nigerian economy, the torchbearer of Africapitalism, as he turns 60
Anthony Onyemachi Elumelu, CFR, hits the diamond jubilee and the start of his golden years as the Nigerian economist and philanthropist, who was...
Ease of doing business at Nigeria’s seaports: Maritime stakeholders hail Bello-Koko’s achievements
For the massive gains recorded in the ease of doing business at the seaports across the country, maritime stakeholders including the licensed customs...
Bank notes scarcity: Time up for PoS operators?
To avoid putting up with massive crowds at banking halls and ATMs, Nigerians who are looking for cash have to choose between paying...
Non-stop flights to Barbados coming soon to Lagos airport
If you have been dreaming about a visit to the Caribbean Islands, relaxing beaches and white sandy beaches, clear pristine waters, dancing day...
Aramco’s profit soars 46% to record $161bn on higher oil prices
Saudi Arabia’s Aramco the world’s largest oil-exporting company, said annual net profit surged 46 per cent in 2022, driven by higher oil prices Amin...
CBN’s cash swap initiative for unbanked populace ends
The Central Bank of Nigeria (CBN) has said the cash swap programme for the unbanked population in the rural areas has ended....
