Business news
……Declares interim dividend of 25 kobo Per Share Leading financial institution, Fidelity Bank Plc has recorded an impressive 204.4% growth in Profit Before Tax for the first half of 2023 to N76.3bn according to the bank’s recently issued financial result. A review of the results published on the Nigerian Exchange Group (NGX) on Friday, 1 […]
Dr. Ifekandu Bennett Omalu is a native Of Urunnebo Village, Enugwu Ukwu In Njikoka Local Government Area Of Anambra State. Born on September 1st, 1968. He attended both primary and secondary schools in Nigeria. And for his tertiary education he proceeded to the University of Nigeria Nsukka, where he acquired MBBS degree in Medicine and […]
Global Information and Communication Technology infrastructure provider, Huawei Technology has partnered with Nigeria’s IT solutions and services company, Dataflex Nigeria Limited, to launch innovative digital IT solutions manufactured by the company and targeted at various companies and users in Nigeria. Chief Operating Officer, Dataflex Nigeria Limited, Martins Ndigwe, while speaking during the lanch said, “these […]
Leading Pay TV in Sub-Saharan Africa, MultiChoice, owner of DStv and GoTV has announced a partnership with Cycling Lagos (www.cyclinglagos.com), one of the biggest cycling events in Africa scheduled to hold in Lagos in October 21 and 28, 2023. This is the second time the cable TV giant will be supporting the event to showcase […]
Nigeria’s President, Bola Tinubu departs Abuja on Monday to attend the G-20 Leaders’ Summit in New Delhi, India, on the special invitation of Indian Prime Minister, Narendra Modi. The Nigerian government also says it is consulting widely to ascertain the benefits and risks of joining the G20. These were made known in a statement signed […]
Following quickly on the success of India’s moon landing, the country’s space agency launched a rocket on Saturday to study the sun in its first solar mission. The rocket left a trail of smoke and fire as scientists clapped, a live broadcast on the Indian Space Research Organisation’s (ISRO) website showed. The broadcast was watched […]
A total of $17.18 billion was attracted into the Nigerian economy in the first quarter of the year (Q1 2023), representing an increase of 7.5 per cent compared to $14.62 billion in the preceding quarter. But the federal government’s fiscal operations resulted in a deficit of N1.43 trillion in the review quarter. This information was […]
Nigeria’s money supply rose sharply by 17 per cent in two months to July, driven by an N7.71 trillion increase in the naira value of foreign currency deposits caused by recent forex market reform measures. This development analysts, project, has severe implications for the economy including uptick in inflationary pressure, further hike in the monetary […]
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has threatened to revoke the licenses of oil operators who failed to remit the three percent statutory fees to oil communities before September ending. The NUPRC management on Friday said its attention had been drawn to the agitation by host communities in the oil and gas producing areas of […]
……Declares Interim Dividend Of 25 kobo Per Share Leading financial institution, Fidelity Bank Plc has recorded an impressive 204.4% growth in Profit Before Tax for the first half of 2023 to N76.3bn according to the bank’s recently issued financial result. A review of the results published on the Nigerian Exchange Group (NGX) on Friday, 1 […]