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Wednesday, January 22, 2020

Business

NAHCO records turnover of N4.64bn H1 2018

  By Ruth Olurounbi Nigeria’s ground handling service provider, NAHCO Aviance reports N4.64 billion turnover in the half year results, a 25% increase from the N3.71 billion it reported for the same period last year, on increased investments and signed deals...

Nigeria plans to expand gas output to 40 million metric tons in 30 years

  Nigeria's transition to cleaner energy gets a little closer as investors in the country's gas industry have been given an approval to go ahead with a 12-train liquefaction expansion plan by the Nigerian Liquefied Natural Gas (NLNG) for the...

Nigeria in $1.1bn agric package deal with Brazil

By Ruth Olurounbi Nigeria is said to be in the middle of a bilateral agreement negotiations with the Brazilian government to secure $1.1 billion agriculture package to deliver agricultural equipment and machinery to be assembled in the West African nation,...

CBN survey finds Nigerian businesses expectant of naira appreciation this month

  As firms expect inflation rates to decline A new Central Bank of Nigeria (CBN) survey report released on Friday has found that Nigerian businesses expect that naira will appreciate this month, judging by confidence indices which stood at 27.3...

Fidelity bank strongly denies as ‘false’ claims from viral video about assault on customer

Fidelity bank denied as false claims by an online video post claiming a bank official assaulted customers at one of it's branch in Lagos. " No Fidelity Bank official ordered any violence against customers as alleged and there was no...

Engr. Yusuf Binji to be Cement Company of Northern Nigeria’s New MD

The Board of Directors of Cement Company of Northern Nigeria (CCNN), on Thursday announced the appointment of Engr. Yusuf Binji as its new Managing Director effective September 1, 2018. Yusuf Binji’s appointment was part of a restructuring effort aimed at...

Conoil H1 2018 profit after tax rises by 29% to N5billion

Conoil Plc, a Nigerian energy provider, reported first half year increase of 29% in profit after tax to N550.6 million from N427.3 million. The unaudited half year report of the company released by the Nigerian Stock Exchange (NSE) showed Conoil...

Diamond Bank Trains Business Owners in Ibadan

Diamond bank plc, in line with its strategic drive and promise to enhance the development of young enterprises in Nigeria, held a business workshop for small and medium scale business owners within Ibadan metropolis on how to manage their...

Keystone Bank shines at International Banker Awards in London, wins in 2 categories

Keystone Bank Limited, Africa's most innovative banking service provider shone brightly at the International Banker Awards, 2018 as the lender emerged winner in two categories beating other nominees and carting away the prize for "Africa's Best Customer Service Provider"...

Hillary Clinton in white pantsuit for Trump inauguration

Dropcap the popularization of the “ideal measure” has led to advice such as “Increase font size for large screens and reduce font size for small screens.” While a good measure does improve the reading experience, it’s only one rule...
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Latest News

Amotekun: After weeks of brickbats, Tinubu calls for truce between Justice Minister and Southwest governors

  …says regional outfit not threat to Nigeria but complementary …describes those offended as embarking on ``madcap excursion’’ Amid brick-and-mortar between the...
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Concerns over new virus from China prompt airport screenings for passengers arriving airports in Nigeria

  Passengers  arriving Nigerian airports will undergo enhanced health screenings out of concern over a new coronavirus that has killed two people in Asia, the Federal Airports Authority of...

What VP Osinbajo Said on The ‘Senseless’ Killing of CAN Leader

  “Words fail me as I share my heartfelt sympathy with the family of Rev. Lawal Andimi. The senseless killing of the bishop despite ongoing...

U.S Set to Expand Travel Restrictions to Nigeria, Sudan, Others – Target ‘Birth Tourism’

  The Trump administration is set to add Nigeria and six other countries to a group of nations subject to travel restrictions, Per Second News...

NNPC GMD, Kyari announces HDDT to check pipeline vandalism 

  As part of measures to monitor and check pipeline vandalism, the Nigerian National Petroleum Corporation (NNPC) is to deplore Horizontal Directional Drilling Technology (HDDT). NNPC's Group...