Zenith Bank records impressive triple digit in H1 2023 result Zenith Bank Plc has announced its audited results for the half-year ended 30 June 2023, recording an astounding triple-digit growth of 139% in gross earnings from N404.8 billion reported in H1 2022 to N967.3 billion in H1 2023. [Read More…]
Flutterwave launches Swap, a digital FX solution Flutterwave, Africa’s leading payments technology company has announced the launch of Swap, powered by Flutterwave, in partnership with Wema Bank and Kadavra BDC. Swap is a cutting edge solution that is backed by the Central Bank of Nigeria (CBN) to serve[Read More…]
Oyetola says 6,000 cargoes abandoned at Apapa, Tin Can ports since 2011 Minister of Marine and Blue Economy, Adegboyega Oyetola, said about 6,000 abandoned cargoes are lying at Apapa and Tin Can ports uncleared since 2011. Oyetola stated this during his visit to the Nigerian Shippers’ Council (NSC) office[Read More…]
Unity Bank Grows Gross Earnings to N27.5bn in H1’2023
FG tells Discos to set up customers centres The Federal Government has ordered power distribution companies to deploy customer engagement platforms within the next three months, beginning from September 1, 2023. The directive meant the Discos must install the facilities before January 2024. It gave the order through the[Read More…]
NACCIMA, S’Africa Partner To Boost Nation’s Industrial Drive The National President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture, (NACCIMA) Dele Oye, has stated that they are partnering with South Africa to strengthen ties and harness the collective economic potential of Nigeria and South Africa[Read More…]
G20 Summit: Elumelu wants India to invest in Nigeria The Chairman of Heirs Holdings Group, Tony Elumelu, has urged the Indian private sector to invest in Nigeria because it poses a huge market on the African continent. Elumelu told the Indian investors to seize the opportunity to invest in[Read More…]
FAAN relocates international operations to new terminal at Lagos airport The Federal Airports Authority of Nigeria (FAAN) has redirected the processing of passengers through the new international terminal, at the Lagos airport effective immediately. According to a statement by the spokesperson, Mr Abdullahi Yakubu-Funtua, the expedited relocation to the[Read More…]
Nigeria lost N16.25 trillion to oil theft in 11 years- Abass The Speaker of Nigeria’s House of Representatives, Tajudeen Abbas, said the country lost about N16.25 trillion to crude oil theft between 2009 and 2020. Abbas made the statement in Abuja while inaugurating an ad hoc committee to investigate crude[Read More…]
UAE Launches $4.5bn Clean Energy Support Initiative For Africa The United Arab Emirates (UAE) has made a significant pledge of $4.5 billion to support clean-energy projects in African nations. The UAE, is the host of this year’s United Nations climate summit. This substantial commitment is a collaborative effort involving[Read More…]
