By Seun Ibiyemi The Nigerian Ports Authority (NPA) has shed more light on why the $27.29billion Escravos Deep seaport project, which is being promoted by a Nigerian firm, Mercury Maritime Concession Company in collaboration with EDIB International of Hong Kong,…
By Opeyemi Abdulsalam Tapswap, a popular tap-2-earn app, powered by TON Blockchain, says it has indefinitely postponed the token allocation to its users. A Tapswap head of communications, John Robbin, said this on an X (formerly Twitter) space on Wednesday.…
Leading financial institution, Fidelity Bank Plc has announced the promotion of 11 percent of its workforce, a testament to the exceptional performance and dedication of its employees. This significant move follows the release of the bank’s 2023 full year Audited…
Access Bank PLC has constructed an additional 60 blocks of classrooms Maraban Jos and Kaduna. This is in furtherance of the financial institution’s commitment to education and community development. This development, which took place on the sidelines of the 2024…
Nigeria’s leading payment service bank, MoneyMaster Payment Service Bank Limited (MMPSB) will be at this year’s Ojude Oba Festival to be held in Ijebu Ode, Ogun State. The Ojude Oba festival is an annual event that typically holds on the…
Union Bank Nigeria Limited has stressed the importance of preserving and restoring the global environment through sustainable practices. This message was conveyed during an event co-hosted with the Nigerian Conservation Foundation in observance of World Environment Day. A key highlight…
The Naira on Thursday slightly depreciated at the official market trading at N1,476.24 to the dollar. Data from the official trading platform of the FMDQ Exchange, revealed that the Naira lost N2.58. This represents a 0.17 percent loss when compared…
By Seun Ibiyemi Guaranty Trust Holding Company Plc (GTCO PLC) has filed a preliminary “red herring” prospectus (Red Herring Prospectus) with the Securities and Exchange Commission (SEC) in connection with a proposed offering for subscription of ordinary shares of 50…
The Nigeria Deposit Insurance Corporation has listed the head office in Lagos and branches of failed Heritage Bank across the country for sale in its role as liquidator of the bank. NDIC announced the sale of the bank properties numbering…
Retail lender, Unity Bank Plc has projected a Profit After Tax of N5.2 billion in Q3, 2024, according to its latest earnings forecast released to the Nigerian Exchange Group. The lender projects a pre-tax profit of N5.7 billion while targeting…
