First Bank of Nigeria Ltd has pledged to support the Rotary Club of Lagos intervention projects with the sum of N5 million. The Chief Executive Officer of the bank, Dr Adesola Adeduntan, made the pledge at the induction of the…
Open Market Operations(OMO) sales by Central Bank of Nigeria (CBN) dropped by 48.5 percent in half year of 2021 to N1.8 trillion as against N3.49trillion reported in first half of 2020. OMO is basically designed to be a short-term market…
President Muhammadu Buhari has congratulated President Joe Biden, the government and people of United States of America on the occasion of the 245th Independence Day and annual celebration of the country’s nationhood. Buhari, in a statement issued by his Spokesman, Malam…
The management of Nigeria Exchange Limited (NGX) has placed trading suspension on Niger Insurance Plc, Royal Exchange Plc, African Alliance Insurance Plc, and The Tourist Company of Nigeria Plc effective from July 2, 2021. According to the Exchange notification to…
The Shippers Association of Lagos (SAL) on Sunday pledged support for and cooperation to the newly-appointed Executive Secretary of the Nigerian Shippers’ Council (NSC), Mr Emmanuel Lyambee Jime. The SAL President, Rev. Jonathan Nicole, gave the assurance in an interview…
The National Bureau of Statistics (NBS) has disclosed that total exports to India in the first quarter of (Q1) 2021 was valued at N488.1 billion or 16.8 per cent to top merchandise trade by top five partners and by major…
Ikeja Electricity Distribution Company, Ikeja Electric (IE), has successfully inducted 20 young Engineers into its 12 months comprehensive developmental programme targeted at young, dynamic, self-motivated and highly driven young talent to improve their capacity and practical field practice experience. The…
Engie Energy Access Nigeria, has disclosed a strategic investment initiative that will see a phased deployment of Mini Grid power stations across underserved rural communities around Nigeria. The Energy company which was formally known as Fenix International, a leader in…
The turbulence of farmers/herders crisis has over the years been a subject of concern in Nigeria. While the threat at the sprouting level was never attended to firmly, it is saddening that the lacklustre posture of successive governments to deal…
The Central Bank of Nigeria (CBN) is providing N240bn in emergency capital expenditure for interface repairs and network improvements by power firms, the Federal Government has said. It was gathered that the fund was being invested by the bank to…
