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…]
Dangote Cement has demonstrated how to put into appropriate use, its variants of cement to achieve the best results as part of its public enlightenment programme. The Company at the on-going Trade Fair at Enugu, gathered together stakeholders in the built industry and demonstrated the use of its Falcon cement[Read More…]
The board of Lekki Port LFTZ Enterprise Limited (LPLEL), the promoters of Lekki Deep Sea Port, has approved the promotions of Weiliang Willian Zhong and Daniel Odibe as the new Chief Technical Officer and Deputy Chief Operating Officer of the company, respectively. As the new Chief Technical Officer, Zhong will[Read More…]
PPC Limited, one of Nigeria’s leading engineering and infrastructure Development Company, has reiterated its commitment to reducing carbon emission in Nigeria’s construction industry through the implementation of energy efficient initiatives in its building projects. Head of Building Services Engineering (BSE) at PPC Limited, Mr. Anand Kumar, disclosed this while speaking[Read More…]
World bank has commended Nigeria for reducing gas flaring, saying they have done well. World bank said, Nigeria significantly contributed to global gas flare reduction in 2022. According to the report, the progress in reducing gas flaring resumed in 2022, with gas flared worldwide falling by 5 billion cubic meters[Read More…]
The Nigeria Sovereign Investment Authority (NSIA) has stated that its total assets grew to N1.02 trillion at the close of the financial year which ended December 31, 2022. The asset growth indicated a 10.5 percent increase from the N919.73 billion recorded in 2021 as shown in the investment institution in[Read More…]
International Breweries Plc, one of the world’s largest beer maker with over 500 beer brands, has recorded double-digit revenue growth for the full year ended December 31, 2022. The company’s net revenue for the year total grew by 19.9% to N218.7 billion compared to the prior year. This significant growth[Read More…]
