Category: Business

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Workers shut down Arik Air operations in Lagos

Workers shut down Arik Air operations in Lagos

Operations of Arik Air were on Monday shut down by the aviation unions over alleged non-payment of staff salaries since April. They claimed that the n [...]
UBA chief, Yomi-Ajayi gets American appointment

UBA chief, Yomi-Ajayi gets American appointment

Sola Yomi-Ajayi, the CEO of United Bank for Africa’s operations in the United States, has been appointed to the Export-Import Bank of the United State [...]
Dangote Cement fetes 43 winners in Lokoja, Kano, Abuja, Akure, Lagos

Dangote Cement fetes 43 winners in Lokoja, Kano, Abuja, Akure, Lagos

Screams and shouts of excitement rented the air in the cities of Lokoja, Kano, Abuja, Akure and Lagos as 43 winners in the Dangote Cement spell and wi [...]
No tariff increase for customers enjoying under 12 hours electricity daily — NERC

No tariff increase for customers enjoying under 12 hours electricity daily — NERC

The Nigerian Electricity Regulatory Commission (NERC) on Friday insisted that electricity Distribution Companies (DisCos) must not increase tariffs of [...]
What to look out for when house hunting in Lagos

What to look out for when house hunting in Lagos

House hunting in Lagos can be quite tasking especially if one is seeking a very suitable a habitable apartment which can be like looking for a pin in [...]
Access Bank remains committed to creating value for shareholders – Wigwe

Access Bank remains committed to creating value for shareholders – Wigwe

Following the recent announcement of its financial results for the half-year ended June 30 2020, the Group Managing Director of Access Bank PLC, Herbe [...]
Niger Republic now exports fuel to Nigeria

Niger Republic now exports fuel to Nigeria

While Nigeria has neglected her refineries over the years, Niger Republic, which begun commercial oil production in 2011, has begun exporting petroleu [...]
Three bank MDs resign from NESG over CBN policies

Three bank MDs resign from NESG over CBN policies

Prominent board members of the Nigerian Economic Summit Group (NESG), under the leadership of Laoye Jaiyeola and Asue Ighodalo, have resigned from the [...]
Fidelity Bank announces 33% growth in net profit

Fidelity Bank announces 33% growth in net profit

Fidelity Bank Plc has announced a 33 percent increase in net profit for the half-year period that ended on June 30, 2020. In its audited half-year [...]
Further petrol price hike likely, marketers warn Nigerians

Further petrol price hike likely, marketers warn Nigerians

Fuel marketers across the country, say a further increase in global crude oil prices would push the pump price of petrol higher. Petrol prices have i [...]
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