Union bank has announced a gross earnings up of 19 percent growth to ₦208.2 billion (₦175.0 billion in 2021). The bank in it’s audited financial statements for the year ended 31st December 2022 released on Wednesday said the success was driven by strong growth in Net Interest income. The growth[Read More…]
TotalEnergies has announced that it will stop gas flaring at the end of 2023. The company also said it’s action plan, especially on renewable energy is fully on course. TotalEnergies made the announcement Tuesday, April 18, 2023, at the Nigeria International Energy Summit (NIES) ongoing at the International Conference Centre[Read More…]
A total N12.7 trillion revenue was generated by the Federal Inland Revenue Service (FIRS) and the Nigeria Customs Service (NCS) in 2022, a 46.8 per cent increase year-on-year (YoY) from N8.7 trillion they both collected in 2021. National Bureau of Statistics (NBS) data shows government agencies, including Nigerian Upstream Petroleum[Read More…]
Nigerian Exchange Ltd. (NGX) in collaboration with key stakeholders in the capital market is to address major challenges and unfold opportunities in the Exchange Traded Funds (ETFs) market. Mr Clifford Akpolo, Head, Marketing and Corporate Communications, NGX in a statement made available on Thursday in Lagos, said the capital market[Read More…]
L-R: Dr. Funsho Oladipo, Managing Director R-Jolad Hospital; Prof. Akin Abayomi, Lagos State Honourable Commissioner For Health; Mr. Babajide Ogundare, Chairman R-Jolad Hospital; and Mrs. Ifueko Omoigui-Okauru, Chairman AfyA Care Nigeria Ltd.; at the unveiling of the new R-Jolad Plus facility recently held in Lagos. A premium and affordable[Read More…]
The Central Bank of Nigeria (CBN) has debunked a fake recruitment portal, created in its name and inviting eligible Nigerians to submit job applications. CBN’s Acting Director, Corporate Communications Department, Dr Isa AbdulMumin, made this known in a statement on Thursday in Abuja. According to AbdulMumin, the attention of the[Read More…]
Analysts have advised the Federal Government to continue to hold off its external borrowing plans over the short-to-medium term in line with the global central banks’ monetary policy tightening measures They advocated that most of the borrowing plans over 2023E to be carried out in the domestic capital market even[Read More…]
In its bid to encourage digital transactions and savings, the leading retail bank, Access Bank Plc, has commenced rewarding its customers with cash prizes for opening DiamondXtra Digital accounts. The campaign is designed to deliver on its promise to repay Nigerians for their loyalty and continued savings with the country’s[Read More…]
The International Monetary Fund (IMF), Managing Director, Kristalina Georgieva, over the weekend call in response to expectations of global growth over the next five years to languish at the slowest pace for more than three decades. In her speech ahead of the Spring Meetings, Georgieva said countries should fight inflation[Read More…]
The Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has reiterated the Commission’s commitment to continually drive initiatives that accelerate broadband deployment to increase penetration and make internet connection readily available to telecom consumers. The EVC stated this at the 10th[Read More…]
