Business

Food Crisis: Cost of healthy diet rises further — NBS Report

Food Crisis: Cost of healthy diet rises further — NBS Report

By Elizabeth Adegbesan Despite the moderation in inflation rate reported by the National Bureau of Statistics, NBS, the financial burden of feeding on Nigerian households may have intensified as the national average Cost of a Healthy Diet (CoHD) climbed to N1,541 per adult per in March 2026, about 4.4 per cent up from N1,477 in March […]
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Savannah Bank pledges speedy return of operations

Savannah Bank pledges speedy return of operations

Savannah Bank of Nigeria Plc has promised all stakeholders that it will ensure a speedy conclusion of the necessary processes that are required to re-open the bank to the general public.

New First Bank MD, delivers annual lectures

New First Bank MD, delivers annual lectures

The newly appointed Managing Director of First Bank PLC, Mr. Stephen Onasanya, will at the Nigerian- British Business Day, Tuesday, deliver an annual lecture tagged “Access to capital in the wake of global meltdown”
The event will hold at the Eko Hotel & Suites, Victoria Island, Lagos.

PTDF gets N15bn to upgrade National College of Petroleum Studies

PTDF gets N15bn to upgrade National College of Petroleum Studies

ABUJA -THE Petroleum Technology Development Fund has announced that it has received an approval of about N15 billion for the upgrade of facilities at the 16-year-old National College of Petroleum Studies in Kaduna, Kaduna State.
The Federal Executive Council had recently approved the sum for contract awards by the PTDF for the project, which upon completion would be renamed as the Institute for Petroleum Policy and Strategy.

Shell to supply 45m cubic feet of gas to Aba power plant

Shell to supply 45m cubic feet of gas to Aba power plant

ABUJA-AS part of efforts to ensure adequate gas supply to the188MW Aba Independent Power Plant, towards the effective take-off early next year, Geometric Power Limited, the promoter of the project has signed an agreement with Shell Petroleum Development Corporation, SPDC and its JV partners, Nigerian National Petroleum Corporation, NNPC, Agip Nigeria and Total Nigeria Ltd.

Kwara aviation academy on course — Gov. Saraki

Kwara aviation academy on course — Gov. Saraki

By  Kenneth Ehigiator Kwara State   governor, Dr. Bukola Saraki, has said the state’s Aviation Academy, expected to take off during the third quarter of the year, was on course. According to him, the foundation of the college had been laid, while orders have also been placed on equipment required for training in the school. Saraki, […]

The place to be; GTB’s new corporate lullaby

The place to be; GTB’s new corporate lullaby

Where is the place to be.? The place to be is a place where everything is easier to achieve, a place to be fulfilled. The place to be is where treasurers are protected, business is intact, a place re-assured. The place to be, is where there is no frustration, where with the touch of a button, problems are reached and solved.

Wema Bank boss seeks workers’ commitment

Wema Bank boss seeks workers’ commitment

The new Group Managing Director, Wema Bank Plc, Mr. Segun Oloketuyi has urged workers of the bank to see themselves as partners and work for progress of the only surviving indigenous financial institution in the country while looking beyond wage agitations.

IMFB visits Orphanages

IMFB visits Orphanages

By Princewill Ekwujuru As Integrated Micro Fi nance Bank (IMFB) visits, It  has challenged kids in various orphanage homes across Nigeria to take the advantage of abundant love and quality education available to them to redefine Nigeria’s future.

Lagos airport gets Africa’s first multimedia digital mega screen

Lagos airport gets Africa’s first multimedia digital mega screen

A novel advertising medium  has debuted at the Muritala Mohammed International Airport, Lagos. Christened the Multimedia Digital Mega Screen, the new advertising platform is the latest initiative of Promoworld Nigeria Limited, the company which specializes in creating and deploying custom and purpose — built advertising for airports in Nigeria.

First Bank’s MD, delivers NBCC annual lectures

First Bank’s MD, delivers NBCC annual lectures

The newly appointed Managing Director of First Bank PLC, Mr. Stephen Onasanya, will be at the Nigerian- British Business Day, Tuesday, to deliver an annual lecture tagged “Access to capital in the wake of global meltdown”
The event will hold at the Eko Hotel & Suites, Victoria Island, Lagos.

Thunder enters, energy drink market re-focuses

Thunder enters, energy drink market re-focuses

The energy drink market re-focused penultimate week when Thunder energy drink entry into the beverage market courtesy Sunola Foods Limited, producers and marketers of Sunola edible oil changed market indices.

Oando records 52 per cent increase in PAT

Oando records 52 per cent increase in PAT

Oando Plc has announced an increase in its Profit After Tax (PAT) for its audited reports for the financial year ended December 31, 2009, with a 52% increase in the Group’s net profit.

Kidnapping: A crime against humanity…What is the way out?

Kidnapping: A crime against humanity…What is the way out?

FOR the purpose of this discourse, in pursuance of our goal of celebrating the personages who changed the course of humanity through peaceful protest like Dr. Martin Luther King, Jnr. and because protest is the immediate cause of kidnapping in Nigeria, we shall stay with the political activists who kidnap men, women and children for political reasons, that is the idealists and pseudo- activists.