Category: Business
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
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
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
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
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 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
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 [...]
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 [...]