Business & Finance

Adaora Umeoji Highlights Zenith Bank’s Robust Fina

Tuesday, July 16, 2024
Zenith Bank Plc, Nigeria rsquo;s leading financial institution, held its Capital Markets Day last week to showcase the bank rsquo;s inherent values as it embarks on its recapitalisation journey. The event, which brought together key market players, focused on the bank rsquo;s growth trajectory, stra ...

Nigeria’s Inflation Rises To 34.19% As Rising Food Cost Bites Harder

Monday, July 15, 2024
Nigeria rsquo;s inflation figure has recorded a new rate, hitting 34.19 % for June 2024. This is according to the latest data released by the National Bureau of State Statistics (NBS). It was reported that the increase is of 0.24% points when compared to the inflation figure for May 2024 relea ...

Access Bank Targets Top 20 Position In UK, $1bn Profit By 2027

Monday, July 15, 2024
Lagos, Nigeria ndash; July 12, 2024: Access Bank, sub-Saharan Africa rsquo;s largest bank by customer base, has shared insights about ambitious plans to position its UK subsidiary, Access Bank UK, among the top 20 banks in the United Kingdom, targeting an annual profit of $1 billion by 2027. ...

The NNPC Is Becoming More Efficient And The Signs Are Positive

Wednesday, July 10, 2024
Recent criticisms of the Nigerian National Petroleum Corporation (NNPC) fail to account for the complexities and challenges the organization has faced over the years. Simplistic views often overlook the deeply rooted issues that preceded the Petroleum Industry Act (PIA) and the tenure of Mele Kyari. ...

Chiemeka's Appointment As NGX CEO Will Deepen Market Growth - Professional Group

Monday, July 8, 2024
The appointment of Jude Chiemeka as the Chief Executive Officer (CEO) of the Nigerian Exchange Limited (NGX) has continued to generate widespread acclaim from industry professionals, who believe his extensive experience and proven leadership qualities will drive NGX towards sustained success. Chi ...

Ebonyi Set To Purchase Four Aircrafts For The Smooth Take-off Of Chuba Okadigbo

Monday, July 8, 2024
Ebonyi State Government said it has concluded plans to purchase four aircrafts for the smooth take-off of Chuba Okadigbo international Airport following the completion of the rehabilitation work on the runway of the airport. The Airport which gulped N42billion which was conceived by the past admi ...

FG Extends Registration Deadline For PoS Operators 

Sunday, July 7, 2024
The Corporate Affairs Commission has approved extension of registration of Point of Sales agents, super agents and sole agents to September 5th, 2024. The commission made the announcement in a statement signed by its management and posted on its Facebook page on Saturday, giving a 60-day extensio ...

Tinubu Appoints Dangote, Elumelu, Rabiu, Cardoso, Others To Fix Nigeria’s Econom

Friday, July 5, 2024
President Bola Tinubu has appointed Africa rsquo;s richest man and Chairman of Dangote Group, Aliko Dangote, Chairman of Heirs Holding and United Bank of Africa, Tony Elumelu, Chief Executive Officer of the Financial Derivatives Company Limited, Bismarck Rewane, Chairman of BUA Group, Abdul Samad Ra ...

After 16 Years, Work To Resume On Abandoned Ebonyi World Trade Centre.

Wednesday, July 3, 2024
Ebonyi State government has approved continuation of work on the state Trade Centre project abandoned for over sixteen years. The project, Ebonyi World Trade Centre was started by the first Executive Governor of the state, Senator Sam Egwu between 1999 and 2007. Egwu had taken the gigantic 10 sto ...

CBN Threatens To Sanction Banks For Rejecting Old, Small Dollar Notes

Tuesday, July 2, 2024
The Central Bank of Nigeria (CBN) has threatened to sanction Deposit Money Banks (DMBs) for rejecting old and small denominations of the United States of America Dollars. In a circular issued by the Ag. Director of Currency Operations Department of CBN, with reference: COD/DIR/INT/CIR/001/017, th ...
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