Business
Foreign Investment Network (FIN) hosts International Banking on Emerging Markets Forum in Washington DC, U.S. Oct. 14
In a bid to chart a path for emerging economies in Africa, Foreign Investment Network (FIN) is organizing FIN International Banking on Emerging...
Strong, formidable insurance sector key to strong Nigeria, says Elumelu
Tony Elumelu, CON, Chairman, Heirs Holdings and United Bank for Africa Plc (UBA), has canvassed a vibrant, well capitalised and deep insurance sector...
Elumelu to NCRIB: It’s time to flush out bad eggs from insurance industry
Mr Tony Elumelu, the Chairman of Heirs Holdings and Founder, Tony Elumelu Foundation, has called for the flushing out of non-registered and non-compliant members...
Again, CBN raises monetary policy rate to 15.5%
Following the rising rate of inflation, the Central Bank of Nigeria (CBN) Monetary Policy Committee unanimously voted to raise the benchmark interest...
Revealed! How ExxonMobil, partners overspent $138bn in decades-long energy projects
Oil and natural gas projects that ExxonMobil invested in between 1998 and 2017 ended up costing $138 billion more than early estimates, possibly...
Dangote Sugar upscales its CSR schemes in Adamawa, Nasarawa
Living up to its billing, a member of Dangote Group — the Dangote Sugar Refinery Plc (DSR) — has scaled up its Corporate...
Heritage Bank, Gail Sickle Initiative collaborate to rescue sickle cell patients
As part of its Corporate Social Responsibility (CRS), Heritage Bank Plc has increased the level of its support and intervention for the public...
Despite geo-political environmental challenges, UBA delivers N85.7bn profit-before-tax, declares N0.20k interim dividend Jan.-June 2022
Africa’s global bank, United Bank for Africa (UBA) Plc, has announced its audited financial results for the half-year ended on June 30, 2022,...
Energy Security: FG floats National Oil Reserve Company on Build, Operate and Transfer arrangement — GCEO, NNPC, Kyari
A National Oil Reserve Company is floated to ensure energy security for Nigeria, the GCEO of the Nigerian National Petroleum Company Ltd (NNPC...
National Economic Council approves NSIA’s 2021 financial performance report
The Nigeria Sovereign Investment Authority’s (NSIA) 2021 financial performance report has been approved by the National Economic Council (NEC). The NEC also lauded...
With its $85m trapped in Nigeria, Emirates Airline suspends flights to Nigeria
Following the non-repatriation of its $85 million funds from Nigeria, Emirates Airline says it will suspend flight operations in and out of the...
Fake news! BEDC MD Osibodu’s arrest as Ajagbawa’s illegal, forceful takeover busted
Contrary to reports via videos trending on social media, the Managing Director of Benin Electricity Distribution Company (BEDC), Mrs Funke Osibodu has not...
Nigeria’s inflation rate jumps to 19.64%
This is definitely not the best of times for Nigeria as its inflation rate has surged from the previous month’s 18.60 per cent...
Seplat’s Non-Executive Director, Raimi, quits, sells off 16.139m ordinary shares
…. volume of Seplat’s traded shares declined to 3,193 units at the same price of N1,430.50 per share as of Friday, August 12,...
Africa will decide its energy future – Obasanjo
JOHANNESBURG, South Africa, — In the midst of a global oil and gas crisis, Africa must take charge of its own energy destiny,...
Heritage Bank partners Nigerian Airforce on impactful digital solutions
The 301 Heavy Airlift Group Cooperative Multipurpose Society, Nigerian Airforce (301 HAG CMS) and Heritage Bank Plc have partnered on the use of...
