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...

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...

Preline completes acquisition of 60.98% stake in ETERNA

Eterna oil said at the floor of the Exchange that the acquisition of 794,969,774 (60.98%) equity stake by Preline Limited as part of the divestment process of...

Zenith Bank makes more inroad into retail banking with Ziva chatbot

Nigeria’s leading financial institution, Zenith Bank Plc, has introduced an Artificial Intelligence (AI) powered Chatbot on WhatsApp named ZIVA (Zenith Intelligent Virtual Assistant), which enables customers...

Services Sector grow Nigeria GDP to 5.0% y/y 

Growth in the service sector of the Nigeria economy pushed up Gross Domestic product to 5 per cent in the second quarter of 2012. According to...

New revenue allocation formula to be ready for Buhari assent before end of 2021—RMAFC

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says the review of the revenue allocation formula will be ready for presentation to President Muhammadu Buhari by...

ASR grants N2.5bn to Sokoto state university Medical Sciences

The Abdul Samad Rabiu Africa Initiative (ASR Africa) – brainchild of Industrialist, philanthropist and founder of BUA Group, Abdul Samad Rabiu, today presented a N2.5billion Tertiary...