By Kayode Tokede The Board of underwriter, LASACO Assurance PLC has appointed Razzaq Abiodun as its new Managing Director and chief executive officer, following the retirement of Segun Balogun at the end of May, 2021. Gertrude Olutekunbi, company secretary of…
…Targets $70 million profit Nigerian National Petroleum Corporation (NNPC) through its subsidiary Duke Oil has sealed a pact to supply 30,000 barrels per day crude oil supply to Indonesia’s state oil corp, Pertamina, and Indian Oil Corporation. The development, which…
By Kayode Tokede Investors on the Nigerian Exchange Limited (NGX) equities market on Tuesday lost N340 billion following sell-offs in Airtel Africa Plc and 25 others. As a result, the All-Share Index fell by 648.99 basis points, representing a drop…
Discourse over the state of the Nigerian economy has been one of mixed colourations. The ready reflections of the songs to revamp the economy have been with resonating effects in recent times. However, the recognition of red signals which readily…
By Kayode Tokede Red Star Express Plc, a quoted firm on the Nigerian Exchange (NGX) that is into provision of courier, freight forwarding and logistics services, mailroom management services, warehousing, e-commerce has released a forecast of income forecast for second…
The Aliko Dangote Foundation has disbursed N200 million to 20,000 women under its economic empowerment programme in Bauchi state, the Chairman of the Foundation, Alhaji Aliko Dangote, said in Bauchi, on Tuesday. Inaugurating the disbursement exercise, Dangote, who was represented…
The National Bureau of Statistics (NBS) says the inflation rate reduced in May by 0.19 per cent to 17.93 per cent from 18.12 per cent recorded in April. NBS in its “Consumer Price Index (CPI), May 2021” report on Tuesday…
The Federal Government says it will continue to promote ingenuity and industry of indigenous entrepreneurs for economic growth. Otunba Adeniyi Adebayo, Minister of Industry, Trade and Investment, said this in Abuja on Tuesday at the opening of Exhibition of Made…
Some economic experts have lauded the newly developed withholding tax application (WHT APP), saying it would ease tax filing system, encourage tax transparency, expand tax net and generate more revenue for government. The experts made the assertion at an interactive…
The National Pension Commission (PENCOM) has commenced a four-day workshop for Pension Desk Officers (PDOs) on online enrolment application for retirees. Declaring the workshop for the North Central Zone opened on Tuesday in Ilorin, the Commissioner for Technical Services, Mr…
