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Business news

Month: October 2019

Heritage Bank pledges continued support for women empowerment

Heritage Bank Plc has said it will continue to lend support to causes that promote women empowerment as this will impact positively on the nation’s socio-economic development. Managing Director, Heritage Bank, Ifie Sekibo, stated this at the “Raising Girls Summit ‘19” which held in Lagos last Friday as part of activities to commemorate the International […]

Sterling retail loans up 200%, grows net interest income by 19%

 Sterling Bank Plc, a full-service national commercial bank, has reported a net interest income growth of N47.53 billion for the third quarter ended September 30, 2019 as against N39.834 billion for the corresponding period of 2018, representing a growth of 19.3 percent. The double-digit net interest income growth was driven by 200 percent growth in […]

Address Maternal Mortality As National Emergency , COWLSO Urges FG

The Committee of Wives of Lagos State Officials (COWLSO)  urged the Federal Government and governments across the states to prioritise issue of maternal mortality, which it described as “national emergency”. The Committee said the high maternal mortality would not augur well for the nation, urging all stakeholders, especially the Government to initiate actions that would […]

 Sanwo-Olu Commends MTN For Human Capacity Development

The Lagos State Governor, Mr, Babajide Sanwo-Olu has commended MTN Nigeria for its massive and continuous investment in the education sector, urging other private companies to emulate the organisation’s gesture. The commendation was made  at the MTN Foundation Award Ceremony and Scholarship Alumni Induction at the Shell Hall, Muson Centre Onikan, Lagos, where the Governor […]

Tomorrow Supreme Court Hears Appeal Of Atiku/Obi

The Supreme Court of Nigeria has fixed Wednesday, October 30, 2019, to hear the Appeal of the PDP and Atiku/Obi, arising from the judgment of the Appeal Court, according to Channels Television. Channels Television earlier reported that Atiku and PDP had formally filed an appeal against the judgement of the presidential election petitions tribunal, at […]

Border Closure: About 500,000 Bags Of Local Rice Sold In One Week, Says Emefiele

About 500,000 bags of local rice was sold by millers within one week of the border closure, the Central Bank of Nigeria governor, Mr Godwin Emefiele, has revealed. Emefiele made the revelation on Monday while briefing reporters after meeting with President Muhammadu Buhari in Abuja. He said that the Chairman of the Rice Processors Association […]

Awards For Marketing Excellence : ADVAN Makes Significant Additions

The Advertisers’ Association of Nigeria (ADVAN) says there are new developments in its Awards for Marketing Excellence which is set to hold on the 17th of November in Lagos. A statement signed by the Executive Secretary, Ediri Ose-Ediale said winners of the Awards for Marketing Excellence will now be showcased in the directory of all […]

Buhari, Heritage Bank, Zamfara State, others hold discussion on boosting solid mineral development

In a bid to boost the nation’s economic growth, Heritage, Zamfara State Government and the Pan African Capital, at the just concluded Russian-African Summit in Sochi, Russia, held a meeting to brief President Muhammad  Buhari on the African Export Import Bank cooperation with Zamfara on solid minerals development put together by the two aforementioned financial institutions. This […]

Captain Musa Nuhu, Appointed As New DG For NCAA

* Capt . Nuhu President Muhammadu Buhari has approved the appointment of Captain Musa Nuhu as the new Director General of the Nigerian Civil Aviation authority (NCAA). He replaces Captain Muhtar Usman, the erstwhile Director General of the Organization. Capt. Nuhu, until his appointment, was Nigeria’s Permanent Representative to the International Civil Aviation organisation (ICAO), […]

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