Business

Interest rate to remain high amid inflationary pressures — United Capital

Interest rate to remain high amid inflationary pressures — United Capital

By Peter Egwuatu United Capital Plc, has indicated that interest rate in Nigeria is expected to remain high at the backdrop of inflationary pressures in the second half of 2026 H2’26. Speaking at its investor relations roundtable, held in Lagos, with the theme: “Decoding performance insights into United Capital Growth Drives and outlook”, the company’s Group […]
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Panasonic enters market with  environmentally friendly air conditioners

Panasonic enters market with environmentally friendly air conditioners

By Daniel Ailemen From its 2009 air-conditioner line-up, Panasonic said it has introduced into the Nigerian market  an environmentally friendly air conditioner. The new product, the company said is a range of eco-inspired air conditioners which has combined aesthetics with environmental responsibility and performance. Mr. Bhojraj Rupani, Managing Director, Panaserv Nigeria Limited, marketer of  Panasonic  […]

2nd Heroic Award: Indomie begins search

2nd Heroic Award: Indomie begins search

By Princewill Ekwujuru & Daniel Ailemen In encouraging acts of heroism in children,  Dufil Prima Foods Limited, producers of Indomie noodles has began the search for the next set of heroes for the Indomie Independence Day Award for Heroes of Nigeria.

Bank ready to clean up balance sheet

Bank ready to clean up balance sheet

A Nigerian bank quoted on the Nigerian Stock Exchange (NSE) has concluded plans to clean up its balance sheet in order to provide shareholders with favourable long term values.

FG queries MDAs on NHF deductions

FG queries MDAs on NHF deductions

The Federal Government has queried ministries, depart ments and agencies (MDAs) in the federal civil service over the non-remittance of National Housing Fund (NHF) deductions to the Federal Mortgage Bank of Nigeria (FMBN).