Category: Business
NIS bans cash payments at passport offices
The Nigeria Immigration Service (NIS) has banned cash payments for passport processing as part of efforts to eliminate corruption at all passport offi [...]
Nigerian firm to unveil electric vehicles next year
A Nigerian firm, Nigus Enfinity has said that it is set to introduce electric vehicles (EVs) into the Nigerian automobile market from 2018 just as it [...]
Dangote earmarks N200bn to establish university in Abuja
The President and founder of Dangote Foundation, Aliko Dangote, has set aside N200 billion to establish a world-class university in Abuja and the prop [...]
Kemi Adeosun emerges board chairman ECOWAS bank
The Minister of Finance, Mrs Kemi Adeosun has emerged the new Chairman of the Board of Governors of the ECOWAS Bank for Investment and Development. Sh [...]
GT bank debuts training programme for football stars, Camp GT Bank
Foremost African financial institution, Guaranty Trust Bank plc, is set to sponsor 40 outstanding young talents discovered at its football tournaments [...]
Guaranty Trust Bank releases 2017 half year audited results of ₦101.1billion before tax
Guaranty Trust Bank plc has released its audited financial results for the half year ended June 30, 2017 to the Nigerian and London Stock Exchanges. A [...]
Mobil Oil Nigeria changes name to 11 Plc
Mobil Oil Nigeria Plc says it will now be known as 11 Plc (to be pronounced as Double One Plc). In a statement signed by Godstime Iwenekhai, acting he [...]
From 2018, no national ID number, no passport renewal
The Federal Government says starting from 2018, no Nigerian will obtain or renew their international passport without having the national identificati [...]
Dangote Cement sells stake to foreign firm
Nigeria’s leading business tycoon and Africa’s richest man, Aliko Dangote, has sold a 2.3 per cent stake in his cement firm, Dangote Cement, to foreig [...]
GT Bank celebrates 10th anniversary of listing on the London Stock Exchange
Foremost African financial institution, Guaranty Trust Bank plc, marks its 10th anniversary since being listed on the London Stock Exchange where the [...]