Business

Safe, efficient electricity: 2.3bn people globally, 90 % Nigerians lack access – Schneider Electric  

  By Kunle Akinsola   More than 2.3 billion people across the world and 90 per cent of Nigerians do not have to...

UBA Foundation’s National Essay Competition 2019 to Reward Schools with Highest Entries

  UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc, has commenced the 2019 edition of its...

Failure to give out loans:Nigeria’s Apex Bank sanctions 12 banks

  The Central Bank of Nigeria (CBN) is to charge 12 banks a total of more than N400 billion ($1.3 billion) for failing...

GCR Affirms Transcorp Hotels Plc’s Rating Of A-(NG); Outlook Stable

Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation of Nigeria Plc (Transcorp) and owner of the iconic Transcorp Hilton Abuja and Transcorp...

The Inside Story Behind Lebanese Partner’s Plot to Illegally Take Over Setraco Nigeria Ltd From Inu Umoru

….Lebanese partner shortchanges Inu Umorus, plots to take over or sink Setraco Nigeria Ltd About four decades of systematic plot by a Lebanese...

CBN’s Anchor Borrowers’ Scheme: N84bn disbursed To 500, 000 Farmers, says BOA MD

  By Kunle Akinsola   The Bank of Agriculture (BOA) says it has so given out N84 billion to farmers under the Anchor...

Oil Price Explosion – Brent Crude Jumps 20%

Oil prices jumped on global markets Sunday night after a wave of weekend drone attacks instantly erased half of Saudi Arabia’s oil production....

UBA Announces 21% Growth in Profit

…..21.7% Return on Average Equity; Declares N0.20 Interim Dividend Africa’s leading financial institution, United Bank for Africa Plc has announced its audited half...

The Day In Pictures: Nigeria and European Union signs MoUs in presence of President Buhari

Nigeria and the European Union sign MoUs in presence of President Muhammadu Buhari on Thursday. The MoUs were signed for cooperation in various...

Japanese firms are still hesitant about Africa, as Abe pledges to push limitless support for investment and entrepreneurship

The three-day Tokyo International Conference on African Development, TICAD, kicked off Wednesday in Yokohama, as Japan’s Prime Minister Shinzo Abe pledged to aggressively...

Nestlé partners IITA on youth initiative  

Nestlé Nigeria announced a partnership with the International Institute of Tropical Agriculture (IITA) and Youth Agripreneurs to celebrate the 2019 International Youth Day...

CBN governor defends Buhari’s forex restriction directive, says regulator compiling list for food import ban

CBN governor defends Buhari’s forex restriction directive, says regulator compiling list for food import ban The Central Bank of Nigeria (CBN) will conform...

Fulfilling the promise of Transparency: NNPC announces winners of 2019/20 crude oil sale, purchase contract

The Mallam Mele Kyari led Nigerian National Petroleum Corporation (NNPC), has for the first time in history of the state oil corporation released...

Kyari Urges NLNG Management to look beyond Train-7 FID

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has urged the Management of the Nigerian Liquefied Natural...

Keystone Bank realigns to energise growth, appoints new executive directors

In line with strategic business intent and corporate realignment to sustain continued business growth, the Board of Directors of Keystone Bank Limited has...

Wheat import to Nigeria seen rising by 200,000 tons on expanding population

Nigeria’s exploding population growth, as well as industrial demand for wheat, key ingredient for making biscuit will likely drive imports into Africa largest...