Tag: Nigeria Business Now

NGX RegCo Urges Banks To Embrace ESG

NGX RegCo Urges Banks To Embrace ESG   Following Nigeria’s commitment to adopt the International Sustainability Standards Board (ISSB) standards, the chief executive officer of NGX Regulation Limited (NGX RegCo), Tinuade Awe has emphasised the importance of banks swiftly integrating environmental, social, and governance (ESG) principles into their business strategies.[Read More…]

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MTN Nigeria targets net zero emissions with green energy investment

MTN Nigeria targets net zero emissions with green energy investment   MTN Nigeria has announced significant investments in clean energy technologies as part of its efforts to reduce emissions and support Nigeria in achieving its 2050-2070 net zero greenhouse gas (GHG) emission commitments. The largest telecommunication provider, MTN disclosed this[Read More…]

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NNPP expels Kwankwaso over alleged anti-party activities

NNPP expels Kwankwaso over alleged anti-party activities   …Agbo’s faction can’t speak for party, says Kwankwaso’s camp   A faction of the New Nigeria Peoples Party under the leadership of Major Agbo has expelled the presidential candidate of the party, Senator Rabiu Kwankwaso, over his alleged anti-party activities and misappropriation[Read More…]

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FG prepares to submit 2024 Budget in October

FG prepares to submit 2024 Budget in October   The Ministry of Budget and Economic Planning, of the Federation has begun the preparation of the 2024 budget, which it plans to submit in October 2023. The Director-General, the Budget Office of the Federation, Dr. Ben Akabueze, said this yesterday at[Read More…]

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Fidelity records PBT of N76.3bn for H1 2023

Fidelity records PBT of N76.3bn for H1 2023   ……Declares interim dividend of 25 kobo Per Share Leading financial institution, Fidelity Bank Plc has recorded an impressive 204.4% growth in Profit Before Tax for the first half of 2023 to N76.3bn according to the bank’s recently issued financial result. A[Read More…]

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Business Activity Falls Amid Record Increase In Selling Prices – Report

Business Activity Falls Amid Record Increase In Selling Prices – Report   Stanbic IBTC Bank Nigeria Purchasing Managers’ Index (PMI) report says Nigerian private sector business activity dipped into contraction midway through the third quarter of the year as severe and strengthening price pressures acted to diminish demand.   According[Read More…]

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