Category: Business

Nigeria now in worse recession in over three decades – Chief Statistician

  Nigeria has officially slipped into a recession after the country’s gross domestic product contramcted for the second consecutive quarter, just three years...

Zenith Bank grows profit by 5.7% to N159.315b in nine months

  Zenith Bank Plc, one of Nigeria’s leading banks on Friday released its consolidated and separate interim financial statements for the period ended September 30,...

Osinbajo told us why he wants to.be president - Lawan

We’re working to pass 2021 budget second week of December – Lawan

…Says PIB, Electoral Act(Ammendment Bill) for passage in 2021 President of the Senate, Ahmad Lawan said on Friday that the National Assembly is working hard to see...

#EndSARS public hearing: Help us remove miscreants on Agege/Fagba rail lines – Residents pleads

  Residents of Agege, Fagba and other areas of Lagos West Senatorial District have urged the Lagos State Government to dislocate miscreants from railway line in its...

Bad loans dips GTB’s profit by 3.2%

….Drops from N146billion to N142.283billion in nine months Unlike its counterpart the United Bank for Africa(UBA)another leading financial institution the Guaranty...

COVID-19 or no COVID19: UBA improves performance and profit by N26b

… Declares N90.4 billion PBT In spite of the global economic situation occassion by the Coronavirus pandemic,United Bank for Africa (UBA) Plc, the Pan African...

senate

Oil, gas project: Senate hails NNPC

…Financial audit report too The Senate Committee on Gas has commended the Nigerian National Petroleum Corporation (NNPC) on the various gas development projects it...

Big tobacco wants African countries to do its bidding

By Leonce DieudonnΓ© Sessou, Executive Secretary, African Tobacco Control Alliance (ATCA) There was a time when tobacco companies could market their deadly and addictive...

SEC meets Stanbic IBC Bank officials

L-R,Β  Chief Executive Officer, Stanbic IBTC Bank Dr Demola Sogunle, Country Head Public Sector Stanbic IBTC Bank Hajia Hauwa Bello and Director General, Securities and...

NNPC restates commitment to growing hydrocarbon reserves

The Nigerian National Petroleum Corporation (NNPC) has reiterated its resolve to grow the nation’s hydrocarbon reserves to 40billion barrels through reinvigorated...