Consumers lament as DisCos increase prices of prepaid meters
November 11, 2024
FCMB rewards new winners in promo Two new millionaires have emerged in the ongoing First City Monument Bank Millionaire Promo Season 9. The two winners of the N1, 000,000 grand prize who emerged during the fourth electronic draw were an officer of the Nigerian Police Force in Lagos, Inspector[Read More…]
Labour declares nationwide strike from Tuesday Organised labour comprising of the leadership of the Nigeria Labour Congress and the Trade Union Congress on Tuesday declared a total nationwide strike effective next Tuesday, November 14, 2023. The leadership of the two union reached the resolution after an extraordinary National Executive Council[Read More…]
26.5 million Nigerians at risk of hunger in 2024 – FAO Report from Food and Agricultural Organization, says 26.5 million Nigerians face the threat of hunger in the year 2024. The international organization revealed that states such as Borno, Sokoto, Zamfara, and the Federal Capital Territory (FCT) are at a[Read More…]
Unity Bank Records N38.2 Billion Gross Earnings in Q3’23 Retail lender, Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023, with customer deposits appreciating by 5% to N344.4 billion within the period, an indication of business growth and customer confidence[Read More…]
Air Peace gets flights permit into UK Air Peace yesterday secured the Foreign Carrier Operator Permit (FCOP) which allows airlines from other regions to fly to Europe and Third Country Operator Permit (TCO-UK), paving the way for its proposed operations into the United Kingdom. Its Chairman/Chief Executive Officer, Allen[Read More…]
NLC President Joe Ajaero Arrested In Imo The President of the Nigeria Labour Congress (NLC), Joe Ajaero, has been arrested in Owerri, Imo State. According to report, Ajaero was picked up from the NLC State Council Secretariat by heavily armed policemen in Owerri and taken to an unknown destination.[Read More…]
CBN denies plans to Redenominate Naira The Central Bank of Nigeria (CBN) has dismissed rumours suggesting any plans for the redenomination of the Naira, set to take effect from January 2024. The response from the CBN comes in light of an assertion implying its intention to redenominate the nation’s official[Read More…]
Fidelity Bank wins Export Finance Bank of the Year award at 2023 BusinessDay BAFI Awards Fidelity Bank Plc’s leadership in the exports space has once again been reaffirmed with the bank’s emergence as the Export Finance Bank of the Year at the BusinessDay and Other Financial Institutions’(BAFI) Awards 2023.[Read More…]
Access Bank empowers businesses, NGOs Access Bank has strengthened its Development Banking Desk to drive sustainable development in Nigeria and across the African continent. Development Banking Desk is a specialised desk within Access Bank mandated to provide exclusive financial support to non-profit organisations such as international non-governmental organisations, non-governmental organisations,[Read More…]
FG to approve Seplat’s acquisition of $1.3 billion ExxonMobil assets Seplat Energy Plc, a leading Nigerian independent energy firm registered on the Nigerian Exchange Limited and the London Stock Exchange, has said that the federal government will approve the acquisition of $1.3 billion ExxonMobil’s shallow-water assets. The FG had previously[Read More…]