Amidst concerns by bank customers about the financial state of Heritage Bank, one of Nigeria’s Deposit Money Banks (DMBs), the bank says all is well. According to a recent statement by Ozena Utulu, its Corporate Communication Manager, Heritage Bank said it has embarked on long-term sustainability plans premised...
BUSINESS
By TOM CHIAHEMEN, Abuja – The Nigerian Navy has expressed serious concern over what it described as high-handedness and unprofessional conduct of a private security outfit, Tantita Security Service Limited (TSSL), in the controversy over arrest of an oil vessel, MT Praise last week. Director, Information, Naval Headquarters, Commodore...
The Naira on Friday appreciated against the dollar, exchanging at N743.07 at the Investors and Exporters window. The Naira gained by 4.31 per cent when compared with N776.50 for which it exchanged for the dollar on Thursday. The open indicative rate closed at N782.28 to the dollar...
The marketplace landscape is ever-evolving, shaped by consumer behavior, technological advancements, and global events. As we approach the highly anticipated 2023 biggest market season, businesses and entrepreneurs must prepare meticulously to capitalize on this opportune moment. The convergence of festive seasons, holidays, and special events during this period presents...
The Nigerian National Petroleum Company Limited (NNPCL) says the Gwagwalada Independent Power Plant (GIPP) project is a giant step toward achieving its gas and power mandate to add five Gigawatts into the National power generation by 2024 Malam Mele Kyari, Group CEO, NNPC Ltd., made this known on Friday...
Google has introduced new features on Google search to help individuals stay in control of their personal information, privacy and online safety. The Communication and Public Relations Manager, West Africa, Google, Mr Taiwo Kola-Ogunlade, said in a statement on Friday that Google is conscious of the online safety ...
By DAVID IORJA, Abuja – President Bola Tinubu says a comprehensive forensic audit of the Central Bank is underway, while a thorough overhaul of the Civil Service payroll is imminent. The President disclosed this during an audience with the President of the World Bank, Mr. Ajay Banga...
By CALLISTUS OFFOR, Abuja – The Nigerian Communications Commission (NCC), has warned traders and other stakeholders about the negative consequences of selling and purchasing phones and telecommunications gadgets that are not type approved by the Commission. NATIONAL ACCORD reports that the certification of telecom devices used...
By DAVID IORJA, Abuja – President Bola Ahmed Tinubu, on Friday, declared that despite the nation’s current rate of energy supply, his administration is poised to address all the obstacles militating against stable electricity supply in the country. He said his administration will bring solutions to the...
The Development Bank of Nigeria (DBN) is partnering with Jaiz and Taj Banks to provide non-interest medium/long-term loans for Micro, Small, and Medium-Sized Enterprises (MSMEs) in the North. Dr Tony Okpanachi, Managing Director, DBN, said this at a stakeholders’ conference organised by Kano Concerned Citizens Initiative, in collaboration...
*CATALOGUE OF LOOTINGS IN NIGERIA Globally, subsidies, whether for food, transportation, energy or housing, are part of good governance. So, the issue is not subsidies but who benefit from them. In Nigeria, subsidies are primarily of the rich, by the rich and for the rich. I will highlight a...
The Nigerian National Petroleum Company Limited (NNPC Ltd), has entered into strategic partnership with NIPCO Gas Limited to develop 56 Compressed Natural Gas (CNG) stations across the country. The NNPC Ltd said the partnership was part of its commitment to reducing carbon footprint and providing cheaper alternative fuel to...
Group Managing Director, United Bank for Africa (UBA), Mr Oliver Alawuba, has reiterated the bank’s commitment to enhancing customer experience. He also expressed optimism on greater achievements for customers and shareholders. In a statement signed by Mr Nasir Ramon, Group Head, Media and External Relations of Corporate...
First Bank of Nigeria Ltd. has graduated 20 successful participants in the fourth edition of its Senior Management Development Programme (SM Mrs Folake Ani-Mumuney, Group Head, Marketing and Corporate Communications, FirstBank, said in a statement on Wednesday that the event took place in Lagos. “Before the 2023 graduation,...
By DAVID IORJA, Abuja – There were indications Wednesday night that the nationwide protests embarked upon by organised labour in protest against the hike in the pump price of fuel and other policies of the current government might be suspended. This followed a meeting held between President Bola Tinubu and...
By CALLISTUS OFFOR, Abuja – Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta and the Director-General, Bureau of Public Service Reforms (BPSR), Dr. Dasuki Arabi have penned a Memorandum of Understanding (MoU) to jointly work towards accelerating the digitisation reform process in government. ...
By BARBARA KALU, Port Harcourt – As part of the Public-Private Partnership (PPP) which it adopted as its core policy to drive the development of the Niger Delta region, the Niger Delta Development Commission (NDDC), is to sign a Memorandum of Understanding (MoU), with the Nigeria Liquefied Natural Gas...
Influencer marketing has emerged as a formidable force in the digital era, transforming the way businesses connect with their target audiences. With social media platforms becoming an integral part of daily life, influencers wield significant power in shaping consumer perceptions and behaviors. While influencer marketing has matured over the...
In the early hours of Tuesday, August 1, 2023 some members of the local branch of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) barricaded the entrance of the head office of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), protesting what they term ‘escalating critical concerns...
By TENEBE ANTHONIA, Lagos – Transactions at Nigerian Exchange Limited (NGX) closed the month of July 2023 on a positive note as earnings and dividend declaration from quoted companies helped NGX market cap gain N1.814 trillion. The gain was also supported by insider dealings among...