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Wednesday, February 26, 2020

Business

Aliko Dangote’s fortune increased by $4.3bn in 2019

  ...Worth $14.8bn, only African on top 100 world richest   African richest man Aliko Dangote has significantly moved up in the World billionaires' list as he emerged 96th richest person in the world, with an estimated worth of $14.8 billion, as...

UBA Recruits 4,000 New Employees, Promotes 5000; increases Salaries Up to 170%.

  United Bank for Africa (UBA) Plc, as part of efforts to boost up the spirits of its employees and better the performance of the bank, it has employed about 4,000 staff and promoted another 5000 employees. “As a leading financial...

NNPC Records ₦13.23bn Raise In Trading Surplus in October 2019

    …pipeline vandalism drops by 81 per cent In an upward swing, the Nigerian National Petroleum Corporation (NNPC) says it has recorded a trading surplus of ₦13.23 billion in October 2019 against the ₦8.59 billion surplus in September. The increase which represents...

Safety: French Development Agency, Schneider Electric, others Train 50 Female, Male Electricians in Lagos

 ...to eliminate quackery, ensure safety in buildings   By Kunle Akinsola   In a bid to maximize efficiency and safety in buildings and offices, Nigeria’s power giant, Schneider Electric, in partnership with the National Power Training Institute (NAPTIN) and the French Development Agency,...

Graduates want govt to co-finance private entrepreneurship programmes for youths

      Some graduates participating in the Next TITAN Nigeria Season 6 – a business empowerment television reality programme – have called on government at all levels and corporate organisations to support initiatives that could promote entrepreneurship among youths.   The Next TITAN Nigeria...

Heritage Bank pledges continued support for women empowerment

  Heritage Bank Plc has said it will continue to lend support to causes that promote women empowerment as this will impact positively on the nation's socio-economic development.   Managing Director, Heritage Bank, Ifie Sekibo, stated this at the "Raising Girls Summit...

CBN’s N100bn textile industry lifeline unleashes 2m jobs on nation’s economy

    After several decades of flip-flop policy of reviving Nigeria’s textile industry, the Central Bank says it is injecting N100 billion as its intervention in the Cotton, Textile and Garment (CTG) value chain.   Expectedly, the intervention will unleash on the economy...

UBA’s Kennedy Uzoka Named Bank CEO of the Year by BusinessDay

  BusinessDay newspapers Thursday announced Mr. Kennedy Uzoka, the Group Managing Director/Chief Executive Officer of United Bank for Africa (UBA) Plc, the 'BusinessDay's Bank CEO' of the year 2019 award.   "The visionary leadership of the bank spearheaded by Uzoka has earned...

UBA Reports 2019 Third Quarter Earnings of N428.22 Billion

  United Bank for Africa Plc on Tuesday posted profit and record revenue that exceeded expectations on the strength of consumer banking operations.   The Pan African financial institution with a network that spans 20 African countries, the United Kingdom, the USA...

Participants in Russia-Africa Forum to Discuss Sustainable Partnership in Agricultural Sector

    Participants in the Russia–Africa Forum will discuss Sustainable Partnership in Agricultural Sector in Sochi, organizers disclosed Tuesday morning.   African countries are highly dependent on the agricultural industry, which accounts for more than 30% of their GDP. However, several countries still...
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Immunity: Reps waging war on Nigeria’s constitution – SERAP

  The House of Representatives are obsessed with the pursuit of power by seeking to pass a bill that gives...
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Farmers/herders conflicts: Adamawa, Plateau, Nasarawa listed as pilot states for NLTP takeoff- Umahi

  Adamawa, Plateau, Nasarawa have been listed as pilot states for National Livestock Transformation Plan (NLTP) takeoff. The Chairman of the Sub-Committee and governor of Ebonyi...

Businessman, others escape death as traffic robbers return to Lagos Mile 2 blackspot  

    The security situation in Lagos State is taking a turn for the worse as armed bandits are now prowling the roads attacking hapless and...

Ogun footballer’s death: I-G disbands zonal SARS offices in Ogun

  The Inspector-General of Police, Mr Muhammed Adamu, has announced the immediate disbandment of the Zonal Intervention Squad of Federal Special Anti-robbery Squad (FSARS), Obada-Oko,...

Money laundering: PDP’s Olisa Metuh bags 39 years after 4-year-long trial 

  For laundering N400 million, Olisa Metuh, a former spokesman of the People's Democratic Party (PDP), has been sentenced to 39 years behind bars. Justice Okon...