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Business

Stanbic IBTC posts N75bn profit in 2019 

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has declared a profit after tax of N75 billion in…

Standard Bank issues $200m inaugural green bond

Standard Bank of South Africa Limited (“SBSA”) has issued its first ever green bond, via private placement with IFC, a…
Nigerian Senate

Senate approves Buhari’s $22.7b external loan request

The Senate on Thursday approved $22.7 billion as external borrowing plan for Nigeria out of the $22.8 billion requested by…
Nigerian Senate

Senate approves N346.3bn for NDDC 

The Senate on Thursday approved the sum N346,388,900,000 as budget for the Niger Delta Development Commission (NDDC) for the 2019…

ICPC: Ex-SEC boss Gwarzo pays N798m for radio jingles, N3.4m for 4 fridges

The suspended Director-General, Securities and Exchange Commission (SEC), Dr Mounir Gwarzo  paid N798m for radio jingles and N3.4m for four…

China Southern Airlines to resume Shenzhen-Bangkok route

China Southern Airlines says it will reopen Shenzhen-Bangkok airline services from March 13.

HSBC offices in London evacuated over coronavirus

HSBC has evacuated part of its UK headquarters in the Canary Wharf financial district in London over fears an employee…

Ikpeazu seeks AfDB investment in Abia

Governor Okezie Ikpeazu has met with African Development Bank President Akinwumi Adesina in Abidjan, Cote d’Ivoire to discuss investment in…
The 2015 All Progressives Congress (APC) governorship candidate in Rivers State, Dr Dakuku Peterside has said the victory of Senator Bola Ahmed Tinubu in the just concluded presidential election represents a promising moment in Nigeria's history.

No second term for Peterside at NIMASA, Buhari appoints successor

Dr Dakuku Peterside will not have a second term as the director-general of the Nigerian Maritime Administration and Safety Agency…

Heritage Bank: 7 years of creating heritage wealth for Nigerians

Today, one of the fastest growing financial service providers in Nigeria, Heritage Bank Plc, is celebrating 7 years of its…
Market

MTN introduces new electronic recharge service

MTN Nigeria Communications Plc has introduced ''MTN Topit'' for virtual top-up services in a bid to get rid of paper…

Eko Disco to cover metering by March 2021

The Eko Electricity Distribution Company (EKEDC) will meter all the customers within its areas of coverage by March 2021. Mr…

Nigeria becomes Africa’s largest economy, overtakes South Africa

As if a recession wasn’t enough bad news for South Africa, it’s now confirmed as the continent’s second-largest economy.

Coronavirus: IMF, World Bank confirm virtual format for Spring meetings

The World Bank and the International Monetary Fund (IMF) on Tuesday confirmed that their 2020 Spring Meetings slated for April…

FIRS targets trillions in tax from oil, gas companies

The Federal Inland Revenue Service (FIRS) said it would rake in four trillion naira as tax revenue from the extractive…

Coronavirus: Emirates airline staff to take one month unpaid leave

A major international airline, Emirates, on Tuesday, asked staff to take unpaid leave for up to a month at a…
KEDCO says it lost about 6,000 transformers to vandals in Jigawa, Kano, and Katsina states during the recent four-day nationwide blackout

Power supply: KEDCO initiates internal operation reform

Management of Kano Electricity Distribution Company (KEDCO), says it has embarked on internal operation critical aspects reform for improvement of…

FG delegation visits Stallion Group Rice Mill

The Minister of Agriculture and Rural Development, Sabo Nanono has visited Popular Farm and Mills Limited, belonging to Stallion Group…

New Minimum Wage: SSANU threatens industrial action

The Senior Staff Association of Nigerian Universities (SSANU) has threatened an industrial action over delay in the payment of their…

AfDB appoints Bajabulile Tshabalala acting senior VP

Ms Bajabulile Tshabalala has been appointed the Acting Senior Vice President of the African Development Bank(AfDB).

Italian hit by Coronavirus didn’t lodge with us – Lagos Airport Hotel

The management of Lagos Airport Hotel, Ikeja, has debunked claim by Lafarge Plc that the Italian who brought Coronavirus to…

UBA rakes in N111bn profit before tax

United Bank for Africa Plc (UBA) has posted a profit after tax of N89.1 billion for the financial year ended…
Emefiele

CBN will not allow you borrow and not payback – Emefiele

The era of entrepreneurs borrowing from banks and not paying back is gone, Central Bank of Nigeria (CBN) Governor, Mr…
Aiko Dangote

Dangote announces take-off date for world biggest fertiliser plant

The Dangote Group on Saturday said its $2 billion Granulated Urea Fertiliser plant, the biggest in the world, located at…
Access Bank CEO Wigwe, wife, son die in Copter crash in California

Merger, expansion, catapult Access Bank among 500 global brands

Access Bank Plc’s merger with Diamond Bank in April 2019 and its recent expansion into the East African market have…

Republican investor plots ouster of Twitter’s Jack Dorsey

Paul Singer known as a major Republican political supporter wants to wrest control of Twitter from co-founder and CEO Jack…

Patricia launches Bitcoin ATM card

Today, Patricia launched its exclusive and eagerly awaited PATRICIA BITCOIN ATM CARD, and as some users will call it, Africa’s…

Keystone Bank trains entrepreneurs in Abuja

In demonstration of its commitment to consistently promote and support the growth and development of the economy and also to…

GTB poised to win digital payment space – CEO Agbaje

Mr Segun Agbaje, Chief Executive Officer, Guaranty Trust Bank (GTB) says the bank will continue focusing on caring about human…

Coronavirus wipes out $5trillion in global stock value: Reuters

Coronavirus panic sent world share markets crashing again on Friday, compounding their worst week since the 2008 global financial crisis…
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