Business

Banks awash with excess cash amidst poverty

Banks awash with excess cash amidst poverty

•As banking system liquidity surges 17% to N5.5trn By Elizabeth Adegbesan Amidst prevalent poverty in the country, Nigeria’s financial sector experienced a major injection of cash as the average net liquidity in the banking system surged to N5.53 trillion in May 2026. This represents a 17.16 per cent increase from the N4.72 trillion recorded previous […]
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African Sun welcomes Obama to Ghana

African Sun welcomes Obama to Ghana

Pan-African hospitality group, African Sun Limited, is proud to announce that Barack Obama, the President of the United States of America, chose to stay at its Holiday Inn, Accra Airport property during his first African state visit to Ghana..

VISION 20-20-20: Committee lauds NTDC

VISION 20-20-20: Committee lauds NTDC

In an innovative bid to smoothly relaunch the Sheraton brand new positioning and evolved core values to Sheraton Abuja associates, General Manager of the Hotel, Mr.Morten Ebbesen hosted over 500 associates to a grand lunch at the Ladi Kwali conference Centre.

Court dismisses suit against NTDC, others

Court dismisses suit against NTDC, others

The Abuja High Court has  dismissed an application brought by one Yusuf Isa Orughu asking the court for an order to enforce and secure the enforcement of his fundamental rights. Justice Ugochukwu Anthony Ogakwu dismissed the application because the applicant failed to prove that his fundamental rights had been breached, contravened or infringed upon. Mr. […]

Abuja Sheraton hosts associates, embraces core values

Abuja Sheraton hosts associates, embraces core values

In an innovative bid to smoothly re launch the Sheraton brand new positioning and evolved core values to Sheraton Abuja associates, General Manager of the Hotel, Mr.Morten Ebbesen hosted over 500 associates to a grand lunch at the Ladi Kwali conference Centre.

Lagos partners developer on 5,000 workers housing

Lagos partners developer on 5,000 workers housing

In its quest to make affordable housing available to its teeming workforce, the Lagos State government is set to collaborate with a private real estate developer to deliver 5,000 housing units for middle income workers in the state.