Illegitimate ventures in Nigeria have grown to the degree that the expansive wings have begun to assume narratives that are clustering challenges confronting the Country. Of these, have been the growing wings of trafficking in persons. The venture has grown…
By Philemon Adedeji Unity Bank Plc has posted gross earnings of N27.6 billion for its 2022 half-year results, representing a growth of 17 per cent Year-on-Year. In its unaudited half-year financials submitted to the Nigeria Exchange Group Limited , the…
The Association of Bureaux Des Change Operators of Nigeria (ABCON) has urged the Central Bank of Nigeria (CBN) to float the Naira to halt its further depreciation. The President of ABCON, Alhaji Aminu Gwadabe, made the appeal on Saturday in…
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings PLC, has held the second edition of its Women in Tech event. The event is a celebration of women in the Nigerian tech space while encouraging more women and young girls…
Decklar Petroleum has announced that its Oza-1 well at the Oza Oil Field is now producing at a stable rate. According to a statement, the well has reached an average, stabilised production rate of 1,184 barrels of oil per day…
FBN Holdings Plc has announced its unaudited results for the half year ended June 30, 2022 with a gross earnings of N359.2 billion. In a statement on Friday, the company explained that the gross earnings indicated an increase of 22.4…
Bullish sentiment returned to the equity market on the Nigerian Exchange Ltd. on Friday, following investors’ interest stocks of Zenith Bank and MTN Nigeria which made it the first gain of the week. Specifically, the market capitalisation garnered N379.16 billion…
Energy giant Chevron Corp. increased its share buyback guidance on Friday after posting its biggest quarterly earnings ever, built on strong fuel margins and high prices for natural gas and oil. Chevron’s move on potentially boosting share repurchases follows those…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) claimed that the Federal Government is still owing transportation claims valued at N20 billion to marketers in Nigeria’s southeast. Mr Chinedu Anyaso, IPMAN Chairman, Enugu Depot Community in charge of Anambra, Ebonyi…
A multidimensional chartered stockbroker, Mr Oluwole Adeosun was sworn-in as the 12th President of Chartered Institute of Stockbrokers (CIS) at the weekend with pomp and pageantry. The high profile event also included the send off of the Institute’s immediate past…
