Investors in the Nigerian equity market lost N64 billion on Thursday due to selloffs in Zenith Bank, FBN Holdings, Transcorp Hotels and other stocks. The market capitalisation dropped by N64 billion, or 0.12 percent, closing at N54.983 trillion, down from…
By Adeyanju Esther Police in Katsina State have rescued at least 30 kidnap victims and prevented several bandit attacks through a series of operations conducted across the region. The most recent event occurred on August 21st, when CSP Bello Abdullahi…
By Esther Agbo Infinity Trust Mortgage Bank (ITMB) announced plans to raise N50 billion through a capital market offering, a move aimed at expanding its operations and transitioning into a digital commercial bank. The N50 billion is said to be…
Dangote Petroleum Refinery is currently conducting test runs for petrol production, with expectations for full operations to begin by mid-September, according to a report by Reuters. The report Indicates that the timeline may be subjected to further delay based on…
FirstBank, in partnership with the Nigerian Conservation Foundation (NCF), has launched a major tree-planting initiative to enhance Nigeria’s vegetation cover. According to the bank, the tree planting exercise led by Aishatu Bubaram, the Group Executive, Commercial Banking, North, FirstBank, is…
The House of Representatives Committee on Renewable Energy will host a workshop on the future of renewable energy in order to refine national policies for the growth of the sector. The Chairman, House Committee on Renewable Energy, Rep. Afam Ogene…
The Federal Government, through the Ministry of Aviation and Aerospace Development, has called for private sector collaboration to diversify airport revenue generation. The Minister of Aviation, Mr Festus Keyamo, SAN, made the call at the 9th Airport Business Summit and…
It is becoming increasingly apparent that the All Progressives Congress (APC) in Rivers State and the party’s National Working Committee (NWC) are pursuing divergent paths that may ultimately lead to no meaningful or positive results for the party. This situation…
Rivers State Governor, Siminalayi Fubara, has announced that the state government will set aside N2 billion monthly to offset the backlog of pension and gratuity to retired civil servants. This move is aimed at clearing the outstanding payments and ensuring…
By Seun Ibiyemi The President, Petroleum and Natural Gas Senior Association of Nigeria (PENGASSAN), has identified reasons for persistent queues in filling stations across the country. Speaking at the ongoing 2024 PENGASSAN Energy and Labour Summit (PEALS 2024), in Abuja…
