Eberechi Constance, Author at Nigeria Business Now

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Tinubu sacks, Mele Kyari as NNPCL chairman, appoints Bayo Ojulari

President Bola Tinubu has removed the chairman, Nigerian National Petroleum Company Limited board, Pius Akinyelure, and the Group Chief Executive Officer, Mele Kyari. Tinubu also appointed Bashir Ojulari as Kyari’s replacement with immediate effect. Bayo Onanuga, Tinubu’s Special Adviser on Information and Strategy, announced the development in a statement he[Read More…]

April 2, 2025 by Eberechi Constance 0 comments

Business

6 Nigerian banks post N3trn profit despite customers complaints, challenges

Six banks in the country have posted N3.41 trillion as Profit After Tax (PAT) for the year 2024 ended as against the N2.1 trillion recorded in the 2023 financial year. This is despite diverse transaction and service complaints, dissatisfaction among customers and the challenging economic situation of the[Read More…]

April 1, 2025 by Eberechi Constance 0 comments

News

FG raises N1.09trn through Sukuk, targets N300bn new offer

The Federal Government has been able to raise a total of N1.09 trillion through the Sovereign Sukuk since 2017, to support infrastructure development. The Director-General of the Debt Management Office (DMO), Patience Oniha, who gave the information on Wednesday in Lagos, during “an all parties meeting” for the issuance[Read More…]

March 27, 2025 by Eberechi Constance 0 comments

Business

FirstBank files appeal

Injunction and stay of execution Cargo remains under arrest In a surprising twist of events, its decision delivered today, the Federal High Court in a surprising shift from the true nature of FirstBank ’s claim held that the matter is not a maritime claim but rather, a simple case of[Read More…]

March 26, 2025 by Eberechi Constance 0 comments

Business

Equity market rises by 0.04% as investors gain N26bn

The stock market continued on a positive trend, with investors gaining N26 billion and performance indices rising by 0.04 per cent on Tuesday. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation increased by 0.04 per cent to N66.214 trillion from an opening of N66.188 trillion recorded on Monday.[Read More…]

March 25, 2025 by Eberechi Constance 0 comments

Business

Fidelity Bank Equips Entrepreneurs for Global Trade Success with EMP 18

Tier-one lender, Fidelity Bank Plc, has once again highlighted the importance of promoting non-oil exports as it recently hosted the 18th edition of its dedicated capacity development training tagged Export Management Programme (EMP 18). The programme, which was held recently in Lagos provided a platform for entrepreneurs interested in[Read More…]

March 24, 2025 by Eberechi Constance 0 comments

News

Rivers Sole Administrator, Admiral Ibas, assumes duty

The Rivers Sole Administrator, Vice Admiral Ibok-Ete Ibas (Rtd), has assumed duty in the state. Ibas, in an interview with journalists in Government House, Port Harcourt on Thursday, said he would meet with the Head of Service, Permanent Secretaries, and Service Commanders to get formal briefings. Responding to his[Read More…]

March 20, 2025 by Eberechi Constance 0 comments

News

Senate approves emergency rule in Rivers

The Senate on Thursday ratified the declaration of state of emergency in Rivers by President Bola Tinubu. The president had, on Tuesday in a nationwide broadcast, declared a state of emergency in Rivers. The declaration saw the suspension of the governor, his deputy and members of the state House[Read More…]

March 20, 2025 by Eberechi Constance 0 comments

News

6 die, 25 injured in Abuja multiple road crash –FRSC

The Federal Road Safety Corps (FRSC) has confirmed that six persons died and 25 others were injured following a multiple crash under the Karu Bridge in Abuja on Wednesday. The Corps Public Education Officer, Olusegun Ogungbemide, said that the crash involved 18 vehicles, including two articulated vehicles, two[Read More…]

March 20, 2025 by Eberechi Constance 0 comments

News

Tinubu swears in Rivers’ Sole Administrator, Ibas

Retired Vice Admiral Ibok-Ete Ibas, the Administrator of Rivers, has said he would work together with all stakeholders to maintain law and order in the state. Ibas spoke with State House correspondents after his swearing-in by President Bola Tinubu at the Presidential Villa, Abuja, on Wednesday. Mr Lateef[Read More…]

March 19, 2025 by Eberechi Constance 0 comments

Latest News

Tinubu sacks, Mele Kyari as NNPCL chairman, appoints Bayo Ojulari

6 Nigerian banks post N3trn profit despite customers complaints, challenges

FG raises N1.09trn through Sukuk, targets N300bn new offer

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Author: Eberechi Constance

Tinubu sacks, Mele Kyari as NNPCL chairman, appoints Bayo Ojulari

6 Nigerian banks post N3trn profit despite customers complaints, challenges

FG raises N1.09trn through Sukuk, targets N300bn new offer

FirstBank files appeal

Equity market rises by 0.04% as investors gain N26bn

Fidelity Bank Equips Entrepreneurs for Global Trade Success with EMP 18

Rivers Sole Administrator, Admiral Ibas, assumes duty

Senate approves emergency rule in Rivers

6 die, 25 injured in Abuja multiple road crash –FRSC

Tinubu swears in Rivers’ Sole Administrator, Ibas

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Author: Eberechi Constance