Economy

Grid

Nigeria Witnesses Third Electricity Grid Collapse in 2024

The national electricity grid has collapsed for the third time in 2024, again throwing the nation into total blackout. It was learnt that the grid collapsed around 2:42 am on Monday, with generation dropping to 64.70mw. After the grid collapsed, Ibom Power was the only plant online, according to available data. Already, Jos Disco has […]

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Oyo LG Poll: Makinde, Rates PDP Better Than APC, LP, NNPP

With the local government election scheduled to hold on the April 27th  in Oyo State, Governor Seyi Makinde has said that the Peoples Democratic Party (PDP) remains the best option among other political parties in the state. He declared that PDP “is better and people-oriented” than the APC, Labour Party, NNPP and others. Makinde said […]

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Elrufai

El-Rufai Tells Tinubu To Amend Policies Not Yielding Desired Results

Former Governor of Kaduna State, Malam Nasir El-Rufai, has advised President Bola Tinubu to drop any of his appointees who failed to deliver on his mandate. El-Rufai said this when he spoke with newsmen in Maiduguri, Borno State on Monday, urging the president to also explore the possibility of amending some of his policies that […]

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Alawuba Uba

UBA Mulls Fresh Capital As Shareholders Fund Hits Excess of N2tn

With an excess of N2 trillion shareholders fund, the management of Africa’s global bank, the United Bank for Africa (UBA) has stated that in due course, it plans to raise fresh capital in line with the Central Bank of Nigeria directives. The Group Managing Director & Chief Executive Officer of UBA, Oliver Alawuba, reiterated this […]

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Isale Eko Union Visits Dosunmu Market

Dosunmu Market Fire:Isale Eko Descendants Union Chairman Visits Scene, Calls For Comprehensive Reset of Lagos Island CBD

The Chairman of the Isale Eko Descendants Union, IDU, Mr Adeniji Kazeem SAN has commiserated with the Lagos State Governor, Mr Babajide Sanwo-Olu, the good people of Lagos Island and all affected by the calamity on the damage, massive loss of personal property and buildings of ordinary citizens following the devastating fire incident that struck […]

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Ganduje

Kano APC Sacks Ward Leaders Over Ganduje’s Suspension

The Chairman of All Progressives Congress in Kano Abdullahi Abbas, has announced the endorsement of the suspension of Ganduje ward leaders, over alleged connivance with the opposition party to suspend the National Chairman of the party Abdullahi Umar Ganduje. In an interview with Journalists in Kano Monday, Abbas said the State Working Committee of the […]

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NASENI, NIPSS To Collaborate On Enhancing Digital Economy, Job Creation

The National Agency for Science and Engineering Infrastructure (NASENI) and the National Institute for Policy and Strategic Studies (NIPSS), Kuru, Plateau State are set to collaborate on enhancing Nigeria’s digital economy footprints, empowering and creating jobs for millions of youths. The Executive Vice Chairman and Chief Executive Officer (EVC/CEO), NASENI, Mr. Khalil Suleiman Halilu, disclosed […]

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Naseni New Logo

NASENI Unveils New Corporate Identity

The new National Agency for Science Engineering Infrastructure (NASENI) has unveiled a new corporate identity in line with the repositioning of the Agency. The new corporate identity comprises a newly redesigned logo tagged ‘NASENI: Infinite Possibilities’ and comes with new colors, font, pay offline and masthead for letterheads, and derive from the recently approved New […]

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Dangote Pet

Palliatives: Dangote Donates 80,000 bags of Rice to Lagos Residents, Dangote Prioritize Nigerians’ Welfare Above Profit-Sanwo-Olu

The Aliko Dangote Foundation, (ADF) has flagged off the distribution of 80,000 10kg bags of rice to the vulnerable in Lagos state. President of Dangote Group and Chairman of the foundation, Aliko Dangote, noted that the gesture is part of the over one million 10kg bags of rice that would be distributed to reach one […]

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Dangote

Stewardship: Dangote Cement Host Community Monarchs Applaud Plant Director’s Leadership Style

Prominent Traditional rulers from Dangote Cement Ibese host communities have commended the leadership ingenuity of the outgoing Plant Director, Azad Nawabuddin saying his pleasant personality has boosted the cordial relationship between the cement company and the host communities. It was a moment of accolades for Mr. Nawabuddin, during a send forth ceremony organized for him […]

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Transcorp

Transcorp Records Robust Performance With PBT Growth of 93.5% in 2023

Nigeria’wholly indigenous conglomerate, Transnational Corporation Plc (Transcorp), has announced its financial results for the year ended December 31, 2023, delivering a robot performance as shown in profit before tax that rise to N58.8 billion, a growth of nearly 94 per cent from N30.4 billion reported in 2022 financial year. The group in its result and […]

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Zenith Bank Emerges Nigeria’s Best Bank for Fourth Year at Global Finance Awards 2024

Nigeria’s major financial institution, Zenith Bank Plc has emerged as the Best Bank in Nigeria in the Global Finance Best Banks Awards 2024, winning the award for the fourth time since 2019. The bank was among other banks from 36 countries in Africa recognised as the prestigious Global Finance announced its 31st Annual Best Bank […]

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