Lagos State Governor, Mr. Babajide Sanwo-Olu, has urged real estate practitioners and investors to work with the state to create a home ownership model that will help the her address the deficits observed in housing market in the State. The Governor raised concern over the huge gap observed in the provision of mass housing to […]
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Oil edged lower on Friday, falling more than two per cent on the week as COVID-19 cases surged globally and oil supply is set to rise in coming weeks. Brent crude futures settled at $41.92 a barrel, down two cents while U.S. West Texas Intermediate (WTI) crude futures lost six cents to $40.25 a barrel. […]
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The Group Managing Director of the Nigeria National Petroleum Corporation, Mele Kyari, has said that the government spent N2.13tn from 2016 to 2019 as subsidy on foreign exchange for marketers. He disclosed this at a downstream stakeholders’ meeting which held at the NNPC headquarters in Abuja, according to a statement issued by the spokesperson of […]
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The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has reiterated that Ecobank remains the gateway financial institution for African regional trade. Akinwuntan who was speaking at the Ecobank Digital Series virtual Africa Trade Conference 2020 titled: ‘Facilitating Regional Trade in the emerging AfCFTA Era’ maintained that Ecobank, the pan – African bank was set up to […]
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Mastercard, NetPlusDotCom and Innovectives have announced a milestone in their partnership to provide micro, small and medium-sized enterprises (MSMEs) in Nigeria with digital payment tools to advance their business through their self-onboarding digital platform, Merchant Digital. So far, 1 million MSMEs have been onboarded on the platform that can be accessed online at NetPlusDotCom and […]
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Globacom has demystified what used to be a cumbersome task of getting company’s information from its website, a situation that had in the past, frustrated several customers from getting relevant information from company’s website. It is now easy for companies and organisations to give their stakeholders free access to their websites through a service called […]
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Nigeria’s highest decision making authority, the Federal Executive Council (FEC) has approved $1.95 billion for the construction of Kano-Dutse (Jigawa)- Katsina- Jibia – Maradi (Niger Republic) rail line project. Minister of Transportation, Mr. Rotimi Amaechi, made this known when he briefed State House correspondents on the outcome of the council meeting, presided over by President […]
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Nigeria’s premier and leading financial inclusion services provider , First Bank of Nigeria Limited, has announced the appointment of Mrs. Oluwande Muoyo as a Non-Executive Director. Mrs. Muoyo joined the board of FirstBank from FBN Holdings Plc., the parent company of First Bank of Nigeria Limited. Speaking on her appointment, Dr. Adesola Adeduntan, CEO, FirstBank […]
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Africa’s largest cement manufacturer, Dangote Cement, has grown the wealth of its shareholders, paying over N1 trillion as dividends in the past seven years. According to the cement company’s Group Chief Financial Officer, Mr. Guillaume Moyen, Dangote Cement is focused on growing the Nigerian economy. A breakdown of the seven-year dividend history gleaned from the […]
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In the quest to aid speedy economic recovery and impactful service delivery to stakeholders caused by macro-economic headwinds and Covid-19, banking sector’s players have been charged to maximize the opportunities by re-strategizing its roles that will address emerging risks. The MD/CEO of Heritage Bank Plc, Ifie Sekibo made the call during the 47th Quarterly Meeting […]
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The Director General of the Infrastructure Concession Regulatory Commission (ICRC), Engr. Chidi Izurah, has commended the leadership of the Nigerian National Petroleum Corporation (NNPC) for totally driving a transparent bid opening processes for the rehabilitation of NNPC pipelines and its critical downstream infrastructure noting that NNPC is showing to the world that things could be […]
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has said that the absence of a stable fiscal environment is inhibiting the growth of the Nigerian petroleum industry, especially the upstream sector. Kyari, who stated this while playing host to members of the House of Representatives Committee on Petroleum Resources […]
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