FBN Holdings Plc has declared N238.53 billion profit before tax (PBT) in its unaudited first quarter (Q1) ended March 31, 2024 results, which was about 325.2per cent growth from the N56.1 billion reported in Q1 ended March 31, 2023. The Q1 2024 results was a reflection of 2023 impressive performance as one of the oldest […]
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Nigeria’s foremost financial institution, Access Bank Plc. has again bagged the most valuable brand award by Brand Finance, a leading brand valuation consultancy outfit. Mr Roosevelt Ogbonna, Managing Director/Chief Executive Officer of Access Bank Plc., said in a statement on Sunday 26th May, 024, that the bank was proud of the feat and would continue […]
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Dangote Petroleum Refinery has again announced a further reduction in the prices of both diesel and aviation fuel to N940, N980 per litre respectively. This is coming in the wake of its widely celebrated price reduction to N1,000 barely two weeks ago. The price change of N940 applies to customers buying five million litres and […]
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The Central Bank of Nigeria (CBN) has secured the cooperation of some International Money Tranfer Organisations (IMTOs) to double the flow of remittance to Nigeria in its current bid to consolidate the modest improvement in the foreign exchange market dynamics. Mr. Olayemi Cardoso,the CBN Governor, who disclosed this in Washington DC also said that the […]
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The Kebbi State Government has handed over ten hectares of land to the National Agency for Science and Engineering Infrastructure (NASENI) for the establishment of Agricultural Machinery Development Institute (AMEDI) today in Birni Kebbi. This was in line with the Federal Government’s directive that the six geopolitical zones in the country should host one AMEDI […]
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A Chief Magistrates’ Court in Iyaganku Ibadan, the Oyo State capital, has ordered the remand of 29 suspected Yoruba Nation agitators for invading the premises of the state Secretariat in Ibadan on Saturday. The defendants were arraigned on Wednesday for their various involvements in the failed invasion of the secretariat and the Governor’s Office. Some […]
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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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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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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 […]
Read More 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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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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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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