Category: Business

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Fidelity Bank announces profit before tax of N28.1bn, proposes dividend of 22 kobo per share

Fidelity Bank announces profit before tax of N28.1bn, proposes dividend of 22 kobo per share

Fidelity Bank Plc, in a clear demonstration of its resilience and stability, has announced its financial results for the year ended December 31, 20 [...]
Nigerians who fail to enroll for NIN risks 14 year jail term

Nigerians who fail to enroll for NIN risks 14 year jail term

Nigerians who fail to enroll for the National Identification Number (NIN) risk imprisonment, the Minister of Communication and Digital Economy, Dr Isa [...]
Advertising bodies tackle Lai Mohammed over N100k fine on foreign produced adverts

Advertising bodies tackle Lai Mohammed over N100k fine on foreign produced adverts

Heads of Advertising Sectoral Groups (HASG) has criticised the federal government over plans to impose N100,000 on brands who air their foreign-produc [...]
Obiano makes case for Innoson motors, Air Peace, urges Buhari to give their CEOS national honours

Obiano makes case for Innoson motors, Air Peace, urges Buhari to give their CEOS national honours

The governor of Anambra state, Willie Obiano has asked President Muhammadu Buhari to confer “high” national honours on Allen Onyema, CEO of Air Peace, [...]
Why you need to be a part of the NESG Bridge Fellowship

Why you need to be a part of the NESG Bridge Fellowship

Towards the close of 2019, my ally, Dr Tunde Masseyferguson Ojo, asked me if I have seen the call to apply for the Nigerian Economic Summit Gr [...]
Shell Nigeria appoints Elohor Aiboni as first female MD

Shell Nigeria appoints Elohor Aiboni as first female MD

Shell Nigeria Exploration and Production Company (SNEPCO) has appointed Elohor Aiboni as its first female Managing Director. This was disclosed by [...]
PH refinery generated no revenue in 2019, incurred N47bn expenses, will be rehabilitated with $1.5bn

PH refinery generated no revenue in 2019, incurred N47bn expenses, will be rehabilitated with $1.5bn

Atedo Peterside, founder of Stanbic IBTC and Anap Foundation, says the Port Harcourt refinery in Rivers state generated no revenue in 2019 yet incurre [...]
Access Bank receives go-ahead to acquire South African lender

Access Bank receives go-ahead to acquire South African lender

Access Bank says it has acquired regulatory approval for its proposed acquisition of Grobank Limited, a South African bank. This was announced in a [...]
Buhari’s ministers, aides, others contribute $1.1m to ensure peace, stability in North-East

Buhari’s ministers, aides, others contribute $1.1m to ensure peace, stability in North-East

Ministers, Presidential aides, Heads of Parastatals and others in President Muhammadu Buhari-led government have contributed $1.1 million to the regio [...]
Petrol may sell for N234 per litre – NNPC GMD

Petrol may sell for N234 per litre – NNPC GMD

Mele Kyari, the group managing director of NNPC, says the company cannot continue to bear the burden of subsidy. The Petroleum Products Pricing Reg [...]
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