Category: Business
Buhari blames middlemen, traders for high food prices
President Muhammadu Buhari has blamed the sudden spiral in food prices in the country on the activities of middlemen and traders, who serve as links b [...]
GTBank releases 2020 half year audited results, reports profit before tax of ₦109.7bn
Guaranty Trust Bank plc has released its audited financial results for the half year ended June 30, 2020 to the Nigerian and London Stock Exchanges. T [...]
Aviation minister, Sirika restructures NCAA, sacks directors
A major restructuring of the Nigeria Civil Aviation Authority, NCAA, was done Wednesday by the Minister of Aviation, Senator Hadi Sirika. Some directo [...]
UBA delivers N300.6bn gross earnings, declares N0.17k interim dividend
Africa’s leading financial institution, United Bank for Africa (UBA) Plc, has announced its audited financial results for the half year ended June 30, [...]
Access Bank appoints Awe new head of AFF
The Board of Access Bank PLC has announced the appointment of Mr Daniel Awe as the new Head of the Africa Fintech Foundry (AFF). According to the fina [...]
Abdul Samad Rabiu signs France’s Axens for new refinery project
Abdul Samad Rabiu, billionaire businessman and chairman of BUA Group, one of Nigeria’s leading industrial conglomerates, the BUA Group, has entered in [...]
Petrol price now N151.56 per litre ― PPMC
THE price of petrol has been increased to N151.56 per litre, according to Pipelines and Product Marketing Company (PPMC), a subsidiary of the Nigerian [...]
Ex SEC DG, Oteh joins Seplat as director
The Board of Directors of Seplat Petroleum Development Company Plc has announced the appointment of a former director general of the Securitie [...]
Access Bank, Wigwe emerge winners at 2020 African Banker Awards
Access Bank PLC and its Group Managing Director, Herbert Wigwe, have been recognised as winners of the ‘Agriculture Deal of the Year’ and ‘African Ban [...]
Adesina sworn in for second term as AfDB president
Dr Akinwumi Adesina has been sworn-in as the newly re-elected eighth President of the African Development Bank for a second term. The swearing-in cere [...]