Transnational Corporation Plc (NGX: TRANSCORP), Nigeria’s largest diversified conglomerate, with investments in Power, Hospitality, and Oil & Gas, held its Investors and Analysts Conference Call on Thursday, April 20, 2023. The call discussed Transcorp’s Full Year 2022 and Q1 2023 financial results and provided an…
…EBRD, OPEC Fund, AfDB, GCF, SEFA, Arab Bank and APICORP provide loans for Egyptian clean energy facility …Project expected to reach commercial operations in January 2024 ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination…
Contrary to reports citing funding constraints, the $2.8billion Abuja-Kaduna-Kano gas pipeline project has been scheduled to start producing gas along that corridor within the third quarter of this year as work has reached 70 per cent at the project site…
By Seun Ibiyemi Airline operators lost billions of naira during the two days strike that occurred last week, the Chief Executive Officer of Air Peace, Allen Onyema has revealed. Onyema, in an interview with Channels TV on Monday, said whenever…
By Seun Ibiyemi Following the crises of new naira notes in the country, in a bid to promote cashless policy, Nigerians are gradually migrating to electronic payments as the value of transactions using cheques dropped to N282.4billion in March. This…
By Seun Ibiyemi The Nigeria Deposit Insurance Corporation (NDIC) has called on depositors of the defunct Peak Merchant Bank to come for verification for the payment of their insured deposits. The NDIC in a document posted on its official Twitter…
As part of its initiatives to reduce poverty and alleviate hunger in the society, leading financial institution, Fidelity Bank Plc, recently launched a Corporate Social Responsibility (CSR) scheme tagged the Fidelity Food Bank. Through the initiative, the bank would partner…
Access Holdings Plc has announced gross earnings of N1.39 trillion for the 2022 financial year. The company disclosed this in its Consolidated and Separate Financial Statement for the year ended Dec. 31, 2022 released on Thursday in Lagos. The gross…
African Development Bank (AfDB), said it would leverage on the private sector to address the various financial gaps on the continent. 1st Vice President for the Economic Governance and Knowledge Management Complex of the bank, Prof. Kelvin Urama ,said this…
The President of the Gold Miners Processors, Producer Association, (GMPPA), Mr Auwal Bununu, has said that mining activities would generate job opportunities and revenue allocation, if effectively implemented. Bununu said this in an interview on Thursday in Abuja. He said…
