25.6 C
Abuja
Tuesday, February 25, 2020

Business

More Than $3 Billion Has Been Earmarked for Women Entrepreneurs in Africa – ADB President Adesina

The Golden Age for women entrepreneurs has finally begun. The stars have aligned to help trigger the trend as the President of the African Development Bank, Akinwumi Adesina, has revealed that the bank is mobilizing $3 billion for business...

Osinbajo presents Certificate of Discharge To Elumelu As Transcorp Hotels Fulfils Post-Privatisation Obligations

    Vice President, Professor Yemi Osinbajo SAN on Monday presented Certificate of Discharge to Transcorp Hotels Plc, indicating the company has fulfilled all privatisation conditions attached to the sale of the hotel and will no longer be subject to any post-privatisation monitoring.   Osinbajo...

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 safe, reliable and efficient electricity, Schneider Electric Managing Director, Anglophone West Africa, Mr Christophe Begat, has said.   Describing access 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 annual National Essay Competition in Nigeria with a call for entries.   Now in its 9th year, the essay competition,...

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 to meet the bank's requirement of minimum loan-to-deposit ratio latest by September. Nigeria’s economy is expected to pick...

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 Hotels Calabar, has retained its national scale ratings at A-(NG) and A2(NG) in the long term...

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 partner, Engineer Said Fayez Khalaf, to assume the status of a majority shareholder in Setraco Nigeria Limited...

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 Borrowers’ Programme (ABP) of the Central Bank of Nigeria (CBN) out of the N100 billion received from the apex...

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. Brent crude on Sunday traded at $70.98 per barrel on oil futures markets, an 18 percent surge...

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 year financial results for the period ended June 2019, showing impressive growth across key performance indices as...
- Advertisement -

Latest News

- Advertisement -

Just ln: ln Edo, female native doctor, 2 yahoo boys, kidnapper roasted 

    A female native doctor, kidnapper and two Yahoo boys were on Monday burnt to death in Otuo community in Owan council area of Edo...

Teenage stealth thief hides in bank toilet, steals N340,000 at night 

  Outsmarting the security personnel, a16-year-old boy, Adekunle Ayomikun, sneaked into the toilet of a bank and took temporary shelter overnight to steal N340,000 from...

Ogun Gov. orders investigation into Remo Stars player’s killing by SARs

  Upset by the killing of Remo Stars Football Club defender, Kazeem Tiamiyu, Ogun State Governor Dapo Abiodun, has ordered an investigation into the extra-judicial death by...