Business
Chevron embroiled in labour crisis, sack of 600 workers threatens its shut down
By Boye Ajayi Chevron Nigeria Ltd is embroiled in serious labour crisis following the sack of 600 Nigerian employees as the two unions...
FG opens portal for MSMEs to access N75bn
The Federal Government has announced opening of portal for registration for the N75 billion Survival Fund for micro, small and medium enterprises (MSMEs)....
NIRSAL, Royal Exchange provide multi-peril insurance for farmers against bad weather risks, losses
As part of initiatives to boost food production and ensure steady income for farmers at this challenging time, the Nigeria Incentive-Based Risk Sharing...
Citygate Group, Nigeria’s leading finance outfit, to build seven-floor corporate headquarters in Lagos
Citygate Group, one of Nigeria’s leading finance outfits established about 14 years ago, is to build a seven-floor corporate headquarters in Ikeja,...
COVID-19 lockdown: Transcorp Hotels records huge loss of revenue
Transcorp Hotels Plc, a major player in the nation’s hospitality industry, says it has lost huge, unprecedented revenue following the COVID-19 pandemic. Consequently, salaries...
Coronavirus: Heathrow loses European airport top spot to Frankfurt
Frankfurt has overtaken London’s Heathrow as the busiest airport in Europe, prompting the chief of British Airways to demand the Government...
CBN reacts to Economic Summit Group’s criticism of economic recovery measures, blames 60 % drop in national revenue, forex inflows
The Central Bank of Nigeria (CBN) said on Wednesday that the over 60 percent reduction in revenues accruable to the Federation Account, significant...
Fidelity Bank posts impressive half-year results, profits up by 22 per cent
In spite of the economic challenges occasioned by the COVID-19 pandemic, Fidelity Bank says it has sustained the financial performance trajectory of...
Coronavirus Woes: South Africa Records 51% GDP Drop
South Africa’s restrictions to curb the spread of the coronavirus put the economy into its longest recession in 28 years, with gross...
UBA announces whopping N300.6bn gross earnings, N0.17k interim dividend
In spite of the challenging business and economic environment occasioned by the Covid-19 pandemic, the pan-African financial institution, United Bank for Africa...
Polaris Bank resuscitate saving culture, unveils Target Savings Account
Driven by the passion to help Nigerians imbibe healthy savings culture and build a strong financial base, Polaris Bank has launched a Target...
Hackers Stole Personal Data, BVN of Over 2,000 Access Bank Customers
A software engineer hacked into a server holding customer information for Access Bank and obtained the personal data of thousands of customers....
Heritage Bank’s “The Refinery,” CBN, 25 others get CIBN’s Certificates of Accreditation
The Chartered Institute of Bankers of Nigeria (CIBN) has presented Certificates of Accreditation to Heritage Bank Plc academy known as “The Refinery”...
Schneider Electric unveils smart solutions to pare down Nigeria’s $29bn annual power disturbances cost
In a bid to reduce the cost of power disturbances from a whopping $29 billion, Schneider Electric has intervened by inaugurating a range...
30 years after, Companies and Allied Matters Bill amended, signed by Buhari
President Muhammadu Buhari on Friday assented to the Companies and Allied Matters Bill, 2020 recently passed by the National Assembly to enhance...
Heirs Holdings Appoints Dan Okeke Group Executive Director
Pan-African investment company, Heirs Holdings has announced the appointment of Mr Dan Okeke as the Group Executive Director with effect from August 1,...
