Nigerian Breweries Chairman, Ighodalo resigns position to pursue political career Asue Ighodalo has announced his resignation as the Chairman, Board of Directors of the Nigerian Breweries Plc to pursue his governorship ambition in Edo State. Ighodalo had informed the board during a meeting on 7 December, 2023 of his[Read More…]
Transcorp Power Restates Commitment to Sustainable Development Transcorp Power Limited, one of the power subsidiaries of indigenous conglomerate, Transnational Corporation Plc has restated its commitment to sustainable development as it marked its 10th anniversary. Transcorp Group on Sunday said the power firm had been borne out of a desire[Read More…]
Dangote Cement inducts graduate trainees Dangote Cement Plc has inducted 81 trainees in its Graduate Trainee Programme to boost employment in the country. In a statement, the company said the move underscored the company’s ongoing commitment to fostering employment opportunities within the country. The company said the programme had seen[Read More…]
IMF says Nigeria not Generating Enough Revenue to Support Developmental Needs International Monetary Fund has said that Nigeria is not earning enough revenue to support its developmental needs. IMF explained that the country’s nine per cent revenue to Gross Domestic Product ratio is very low and not enough to[Read More…]
ECOWAS Summit: Tinubu advocates for good governance to counter coups in West Africa Chairman of ECOWAS Authority of Heads of State and Government, President Bola Tinubu, has identified good governance as a key catalyst to secure popular support through the socio-economic transformation and development of West Africa. In regards[Read More…]
NECA calls for urgent action to arrest growing unemployment rate The Nigeria Employers’ Consultative Association (NECA) has raised alarm at the growing rate of unemployment in the country, with attendant negative consequences for security and household survival. The Director-General of the Association, Adewale-Smatt Oyerinde stated in Lagos that “we[Read More…]
Fidelity, Zenith, Access makes list of most Capitalized Banks in Q3 2023 Leading financial institution, Fidelity Bank, has been listed as one of most capitalized banks in Nigeria based on Q3 2023 financial results. According to an article published in Thisday newspapers, the bank reported a capital base of N410.75 billion as[Read More…]
Polaris Bank pledges support for infrastructure development in Ogun State Polaris Bank, Nigeria’s leading digital retail Bank has pledged to support the development of high-impact sectors including road infrastructure, housing, education, healthcare and agro processing in Ogun State. The Managing Director/CEO of Polaris Bank, Mr. Adekunle Sonola, stated this[Read More…]
Tinubu appoints Lokpobir Chairman Board of NCDMB, others as Management Team President Bola Tinubu has approved the appointment of the State Minister of Petroleum, Senator Heineken Lokpobiri as chairman of the Nigerian Content Development and Monitoring Board (NCDMB). The president also appointed eight other Nigerians as part of the[Read More…]
Tinubu appoints New Members of National Council on Privatization President Bola Tinubu has approved the appointment of four new members of the National Council on Privatization (NCP), representing the private sector in the Council. This was made known in a statement by the Special Adviser to the President on[Read More…]
