Dangote drops plan to invest in Nigeria’s steel sector President and Chief Executive Officer (CEO) of Dangote Group, Aliko Dangote, has announced that the company will abandon its plan to invest in the steel industry. This is coming after facing what appears to be sabotage from the Nigerian[Read More…]
Court orders INEC to probe governors, others over 2023 election violence Federal High Court, Abuja has ordered the Independent National Electoral Commission, INEC to probe governors, Deputies, and others over electoral violence, bribery, and vote-buying during 2023 general elections. According to a statement issued by the Socio-Economic[Read More…]
Tinubu approves N70,000 minimum wage President Bola Tinubu has approved N70,000 as the new minimum wage for workers in the country. Tinubu announced the minimum wage during a meeting with leaders of the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) at the presidential villa on Thursday. NLC president,[Read More…]
Cost Saving: Ecobank to Host SMEs on the Need For Solar Energy As Alternative Power Source Ecobank Nigeria, a subsidiary of the Ecobank Group says all is set for its SME Conference on the use of Solar Energy as alternative source of power for businesses in Nigeria. The monthly virtual conference[Read More…]
Reps to donate 50% of salaries to combat hunger The House of Representatives at a plenary session on Thursday pledged to give up 50 per cent of their salaries for six months to address the hunger across the country. During the session presided over by Speaker Tajudeen Abbas, Deputy[Read More…]
Unity Bank Customers Win Over N4 Million in Cashtoken Rewards Promo Unity Bank customers have claimed over N4 million in cash rewards in its ongoing loyalty programme recently rolled out with Cashtoken, a Cash Reward-as-a-Service company. The winners included no fewer than 40 customers who adopted and transacted on the Bank’s[Read More…]
Zenith Bank’s profit set to soar past N1 trillion in 2024, Adaora Umeoji says Zenith Bank’s Group Managing Director/Chief Executive Officer, Dr Adaora Umeoji, has predict that the bank will exceed N1tn in profit by the end of 2024, solidifying its performance. Umeoji, said this at the bank’s recently[Read More…]
Dangote Group aims to strengthen naira with $30bn revenue target The President of Dangote Group, Aliko Dangote, has said that his businesses’ $30bn revenue target by the end of 2025 will boost the naira. Dangote said this on Sunday during a tour of Dangote Petroleum Refinery & Petrochemicals[Read More…]
FG seeks World Bank’s Support for $50m solar power project The Federal Government has requested $50 million in funding from the World Bank to support state governments in the installation of solar plants and infrastructure upgrades. The Minister of Finance and the Coordinating Minister of the Economy, Wale Edun,[Read More…]
Customers to win N200m as UBA begins 75th anniversary promo In line with its usual custom of rewarding loyalty, Africa’s Global Bank, United Bank for Africa Plc, is set to launch the “UBA Legacy Promo” as part of activities to mark its 75th year anniversary. This campaign has[Read More…]
