Federation allocation: FG N294.244bn, states N233.223bn, Councils N172.776bn
The Federation Account Allocation Committee (FAAC) has shared N760.235 billion to the three tiers of government as federation allocation for...
N1bn Dangote Promo: Over 100 customers become instant millionaires
More customers are reaping the reward of their loyalty and patronage of Dangote Cement in Nigeria as the company made...
CBN: New N200, N500, N1,000 notes to be circulated December 15
As means of checking serial abuse of the naira, the Central Bank of Nigeria (CBN) has concluded plans to redesign...
GTCO Plc releases 2022 Q3 unaudited results, reports Profit Before Tax of N169.7bn
Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Unaudited Consolidated and Separate Financial Statements for the...
CBN set to make Nigeria predominantly cashless economy
The Central Bank of Nigeria (CBN) said on Tuesday in Lagos that it would take decisive steps to ensure that...
Dangote Refinery will transform downstream sector, says Ghana Petroleum Authority
Chief Executive Officer (CEO) of the National Petroleum Authority (NPA) of Ghana, Mustapha Abdul-Hamid, said the coming onstream of 650,000...
2022: Guinness Nigeria declares 29% revenue increase
Guinness Nigeria Plc has declared a revenue of N206.88 billion for the financial year ended June 30, 2022, against N160.42...
Access Bank unveils ‘Access Winfest campaign’ to reward loyal customers
Access Bank has launched ‘Access Winfest campaign’ to reward loyal customers with cash and other items up to N1 billion....
Emefiele: One-third of global economy in recession due to COVID-19, Russia-Ukraine war
Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says about one-third of the world economy is currently in...
Q3 2022: UBA’s gross earnings hit N608bn, reports 12.3% growth in profit
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced remarkable performance in its unaudited financial results for the...
Polaris Bank appoints Ahmad Chairman, Adekunle Sonola MD
Polaris Bank has appointed a new independent Board of Directors to lead the bank’s growth strategy. Alhaji Muhammad Ahmad, Chairman...
Buhari inaugurates $1bn petroleum products facility
President Muhammadu Buhari inaugurated the Pinnacle Oil and Gas FZE Terminal in Lekki, Lagos, on Saturday saying the operations of...
CBN marks 1st anniversary of eNaira
The Central Bank of Nigeria (CBN) has unveiled activities to mark the first anniversary of its digital currency, the eNaira....
CBN sells Polaris Bank to SCIL
The Central Bank of Nigeria (CBN) has announced the sale of Polaris Bank to a new core investor, Strategic Capital...
Forex: Osinbajo advocates market driven approach
Vice President Yemi Osinbajo (SAN) says a more market driven approach will be best for Nigeria’s exchange rate management as...
DMO counters Bloomberg, says ‘Nigeria not planning to restructure debt’
The Debt Management Office (DMO) says contrary to reports by U.S. based financial, software, data and media company, Bloomberg, Nigeria...
Guaranty Trust’s ‘You Read’ initiative hosts Damilare Kuku at book reading event
Booklovers in Lagos were treated to an afternoon of uplifting creative interactions at a book reading event organized by Guaranty...
Gulf of Guinea: Nigeria records 10 months zero sea robbery, piracy attacks, says NIMASA DG Jamoh
The Director General (DG) of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh, says Nigeria has recorded zero...
NIMASA wants more stakeholders’ collaboration to boost maritime sector, SMEs
The Nigerian Maritime Administration and Safety Agency (NIMASA) has called for more collaboration among stakeholders in realising a robust maritime...
‘BBNaija Season 7 gulps N4.7bn’
The organisers of the television reality show, Big Brother Naija season 7, say over N4.7 billion was invested in the...
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