Business
Inside Mele Kyari’s Gas Credentials
By Femi Soneye In March 2021 a few months before the Petroleum Industry Act (PIA) came into force, President Muhammadu Buhari announced the...
Just in: CBN increases interest rate to 18.50 percent
The Central Bank of Nigeria (CBN), after a two-day Monetary Policy Committee (MPC) meeting on Wednesday, has once again raised the interest ceiling...
Whatsapp unveils new features for editing sent messages
A new feature that allows users to edit messages that have already been sent has been unveiled by WhatsApp. With the new feature,...
Africa’s largest refinery, Dangote Petroleum Refinery and Petrochemicals, Lekki-Lagos inaugurated
Africa’s largest refinery, Dangote Petroleum Refinery and Petrochemicals planted in Ibeju-Lekki area of Lagos, was on Monday inaugurated by President Muhammadu Buhari and...
Dangote lauds Buhari, Tinubu for assistance on $19bn Dangote Refinery
Ahead of the commissioning of the $19 billion Dangote Refinery, Aliko Dangote the President/Chief Executive of Dangote Group, has expressed appreciation to President...
Breaking: FCMB founding Chairman/CEO, Otunba Subomi Balogun exits
Otunba Tunwase of Ijebuland, Olori Omoba of Ijebuland and the Asiwaju of Ijebu Christians, Otunba Michael Subomi Balogun, founder of First City Monument...
Elumelu’s Power Companies To Generate 2000MW As VP Osinbajo Inaugurates Transcorp Afam 3 Fast 240MW Power Station
The Vice-President, Prof. Yemi Osinbajo (SAN) has inaugurated Transafam Power, a subsidiary of Transnational Corporation Plc’s 240MW Afam Three Fast Power plant in...
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,...
