GTCO posts N103.2bn pre-tax profit in H1 2022
Guaranty Trust Holding Company Plc (GTCO) has posted profit before tax of N103.2 billion for the period ended June 30....
NPA: 25 ships carrying assorted goods expected at Lagos ports
The Nigerian Ports Authority (NPA), on Monday, said 25 ships conveying bulk sugar, container, bulk wheat, bulk salt, bulk gypsum,...
Heirs Holdings appoints two Board members
Leading Pan-African investment company, Heirs Holdings (HH), on Monday, announced the appointments of Chiugo Ndubisi and Victor Osadolor to its...
NNPC ready for forensic audit of fuel supply
The Nigerian National Petroleum Company Limited (NNPC Ltd) has offered to submit itself for forensic audit of fuel supply and...
NBS: VAT for Q2 stood at N600.15bn
The National Bureau of Statistics (NBS) says the aggregate Value Added Tax (VAT) was reported at N600.15 billion for Q2...
Fidelity Bank posts impressive H1 2022 Results, as profits hit N25.1bn
Leading financial institution, Fidelity Bank Plc, has released its H1 2022 results recording a remarkable 21.6% growth in profit to...
CBN gives Fidelity Bank nod to acquire Union Bank UK
Fidelity Bank Plc, on Monday, said it had entered into a binding agreement to acquire 100 per cent equity stake...
FG plans to spend N19.76trn in 2023
The Federal Government is proposing to spend N19.76 trillion in 2023. Minister of Finance, Budget and National Planning, Dr Zainab...
Emefiele: CBN leading economic diversification
The Central Bank of Nigeria (CBN) is leading the drive towards diversifying the nation’s economy away from oil through its...
Airlines: CBN releases $265m to settle outstanding ticket sales
The Central Bank of Nigeria (CBN), on Friday, released $265 million to airlines operating in the country to settle outstanding...
Nigeria’s GDP improves by 3.54% in Q2 2022
The National Bureau of Statistics (NBS) says Nigeria’s Gross Domestic Product (GDP) grew by 3.54 per cent in the second...
5G network will accelerate operational efficiencies, says MTN
Mrs Lynda Saint-Nwafor, Chief Enterprise Business Officer, MTN Nigeria, on Thursday, said the adoption of 5G technology would accelerate operational...
FirstBank commemorates annual Corporate Responsibility & Sustainability week, promotes kindness across seven countries
• The FirstBank CR&S Week is a dedicated week designed to offer opportunities for employees to give their time &...
H1 2022: Zenith Bank sustains trajectory with double-digit growth in gross earnings
In a clear demonstration of its industry leadership and consistency in providing superior financial returns, Zenith Bank Plc has announced...
FirstBank unveils activities for CRS week
First Bank of Nigeria Ltd. has announced plans for the fifth edition of its Corporate Responsibility and Sustainability (CRS) Week....
Retail price of kerosene increases by 98.76%
The National Bureau of Statistics (NBS) says on a year-on-year basis, the average retail price per litre of Household Kerosene...
eNaira records 200,000 users, N4bn transactions value, says Emefiele
The Central Bank of Nigeria (CBN) digital currency, eNaira, has recorded 200,000 volumes and N4 billion value of transactions since...
PenCom: Pension fund, contributors hit N14trn, 9m
The National Pension Commission (PenCom) says the total number of registered contributors and the value of pension fund assets stand...
UBA launches Innovative Experience Centre in Abuja
Africa’s Global Bank, the United Bank for Africa (UBA), has just launched a modern and future-forward Experience Centre in Abuja,...
Broadband penetration hits 44.5%, as NCC reviews Short Code services
Nigeria’s broadband usage has continued on the rise, moving up from 40.9 per cent in February 2022 to 44.5 per...
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