The Office of the Accountant General of the Federation has said the £4.2 million recovered from ex-Delta State Governor, James Ibori, has not been returned to the state government. The Accountant-General of the Federation, Ahmed Idris, had said on Tuesday…
The World Bank has approved $700 million credit to the Nigeria Sustainable Urban and Rural Water Supply, Sanitation and Hygiene Program (SURWASH) to aid access to potable water and improved sanitation services. World Bank in a statement on Thursday explained…
African Export-Import Bank (Afreximbank) has reported an increase in its net income by four per cent to $87.3 million in its unaudited financial statements for the three months ended 31 March 2021, compared to $84 million recorded during the same…
…Dangote Sugar records 13.7 percent increase in production in 2020 Dangote Sugar Refinery Plc has urged government to faithfully follow through the Backward Integration Policy in the sugar industry as the nation stands to rake in foreign exchange up to…
The Director-General, Debt Management Office (DMO), Mrs Patience Oniha, says Sukuk issuance may be up scaled to include other projects in future. Oniha stated this at the third edition of Islamic Finance News Nigeria Road show, organised by Nigerian Exchange…
At the just concluded 2020 Businessday Excellence In Public Service Awards which took place at the International Conference Centre, Abuja, the Managing Director and Chief Executive of Galaxy Backbone, Professor Muhammad Bello Abubakar, was recognised with the prestigious Businessday Excellence…
Sovereign Trust Insurance PLC in its audited financial statement made available to Nigerian NewsDirect reported an improved year on year growth in its profit after tax (PAT) by 43 per cent in the first quarter of 2021 to close at…
The Director-General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, said the African continent needed more fiscal stimulus to engender economic growth and recovery. Okonjo-Iweala spoke at the UBA Africa Conversations 2021 with the theme: “Africa to the World,”…
In an effort at deepening the contribution of the digital economy to economic growth of the nation, the National Information Technology Development Agency, (NITDA) has called for formation of strong synergy between the Agency and Information Technology stakeholders in the…
United Bank for Africa (UBA), the leading pan-African financial services institution, on Monday, announced the appointment of Mrs Caroline Anyanwu to its Board of Directors, effective May 19, 2021. Caroline Anyanwu holds a First-Class degree in Statistics from the University…
