Businesswatch

Don’t explore our oil through back door, Ogoni monarchs warn NPDC

Traditional rulers of Ogoni ethic nationality in Rivers State have advised the Nigerian Petroleum Development Company, NPDC, to approach the stakeholders of the area if it...

France works with African partners to deliver 10m vaccines to Africa

African Union Member States will receive an additional 10 million doses of Astra Zeneca and Pfizer COVID-19 vaccines over the next three months through a new partnership between the French government and...

Zenith Bank shows resilience as profit before tax grows by 3% in H1 2021

In a clear demonstration of its resilience, Zenith Bank Plc has announced its audited results for the half-year ended 30 June 2021, recording positive growth across...

Dangote’s $2bn petrochemical plant to produce 77 grades of polypropylene

Dangote’s $2 billion Petrochemical Plant located in Ibeju-Lekki, Lagos State, is designed to produce 77 different high-performance grades of polypropylene in the country. With a turnover...

Lagos Airport runway 18L lights to be installed soon

The Managing Director of Federal Airports Authority of Nigeria, FAAN,  Captain RabiuYadudu weekend disclosed that the lights on the runway 18L of the Muritala Muhammed Airport,...

APC States pledge 15% budgetary allocation to Health

Twenty two states controlled by the ruling All Progressives Congress APC have pledged greater commitment to healthcare services, allocating 15 percent of their annual budgets to...

Port Harcourt has best Doppler radar in Nigeria—DG, NIMET

The Director General,and Chief Executive Officer of the Nigerian Meteorological Agency, NiMet, Prof. Mansur Bako Matazu  has disclosed that the Port Harcourt International Airport has one...

Piracy decline to end war risk insurance, reduce shipping cost—NIMASA 

Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has stated that a sustained reduction in reported cases of piracy and...

Zenith Bank posts N117.05bn Profit before tax

Zenith Bank Plc has posted a profit before tax (PBT) of N117.05 billion for six months as of June 30, against N114.12 billion achieved in the...

Ecobank MD canvasses financial institutions, private investors synergy to bridge infrastructure gap  

Managing Director, Ecobank Nigeria, Patrick Akinwuntan has advocated a synergy between financial institutions and private investors to address infrastructure deficit in the country.  Akinwuntan in a...

Unity bank in pixs

NNPC ₦287bn profit: Kyari explains facts behind the figures

Following the Presidential applause for the Nigerian National Petroleum Corporation (NNPC) on its posting of ₦287bn profit after tax in the 2020 financial year, the Group...

Governors ready to work with Buhari on PIB, sets up a Committee 

State Governors under the aegis of the Nigeria Governors’ Forum, NGF have  resolved to work with the  Steering Committee set up by President  Muhammadu Buhari to oversee...

Oil set for largest weekly gain since October

Oil prices rose early on Friday and were on course to post their biggest weekly gain since October last year as Gulf of Mexico oil operators...

NPA begins new round of licensing regime for barge operations from September 1, 2021

The Nigerian Ports Authority (NPA) is to commence a new round of licensing regime for the operation of barges across the nation’s seaports with the establishment...