Improvement in economic indicators points to Nigeria’s stabilisation — UBA boss
Group Managing Director of United Bank for Africa (UBA) and Chairman of the Body of Bank CEOs in Nigeria, Oliver Alawuba, has outlined a blueprint for building a resilient Nigerian economy, calling for deliberate policies and stronger collaboration across the public and private sectors to transform economic stability into inclusive prosperity. Alawuba made the call […]
NIPP: The importance of being serious
What the Niger Delta Power Holding Company (NDPHC) has achieved under the National Integration Power Projects (NIPP) in the last 12 months or thereabouts is a testament to what greatness this country can achieve in no time if only we could muster a collective seriousness in the nation-building process.
Airtel declares readiness for number portability
Telecommunications Services provider, Airtel Nigeria has declared its readiness to absorb the influx of requests from consumers who wish to port to its network as the long anticipated Mobile Number Portability (MNP) for GSM operators in Nigeria finally takes off
Tranex’s profit marred by tax burden, as revenue increases
Shareholders of TransNationwide Express (Tranex) Plc may have to wait a little longer to be rewarded for their investment in the company as the company has fallen from a profit position to negative region for the year ended 31st December, 2012.
Dangote Foundation boosts UNICEF fight against measles with over N70m
Dangote Foundation has contributed N79.15 million through the United Nations Children’s Fund (UNICEF) to support the government’s response to the recent measles outbreak that affected many in Nigeria.
BUA to build sugar refinery in Kogi
BUA Sugar Refinery Company has announced plans to build a sugar refinery in Kogi State, to boost sugar production in Nigeria.
Skye Bank’s net profit up by 873%
Skye Bank Plc has announced a profit growth of 873 per cent and dividend increase of 100 per cent, triggering a huge scramble for the shares of the bank.
Sokoto, BoA distribute N1.15bn agric loan deal
Governor Aliyu Wamakko of Sokoto State has flagged off the distribution of N1.15 billion loans to small holder dry season farmers in the 23 local government areas of the state.
Dangote Sugar proposes 50k dividend, Sterling Bank grows profit by 96%
Dangote Sugar Plc has proposed dividend of 50k per share for its 2012 operating year. The company recorded N10.8 billion in its profit after tax, representing 45.83 per cent appreciation when compared to N7.40 billion recorded in same period of 2011.
Livestock expert calls for modern technology to boost milk, meat production
Prof. Isaac Butswat, a Fellow of the Nigerian Institute of Animal Science, has charged livestock farmers to apply the artificial insemination technology to boost milk and meat production.
NPA to acquire 3 vessels, beefs up security at ports
Management of the Nigerian Ports Authority (NPA) is to acquire three vessels for effective policing of the nation’s water fronts, even as it has commenced installation of security facilities at the ports..
