BUSINESS
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FG Spent N650.2 billion on Petrol Subsidy in 12 Months — NNPC Report
A new report by the Nigerian National Petroleum Corporation (NNPC), has revealed that the Federal Government spent a total of…
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Dangote Group to Invest in Rice, Tomato paste production
As a way of reducing unemployment and contributing to the revitalisation of the Nigerian economy, Dangote Group has decided to scale up investments…
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Nigeria’s Gas, Crude Oil Revenue Declines by $226.38 million – NNPC
Earnings from oil and gas production in June were down by 44.65 percent, indicating a value reduction of about $226.38…
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May & Baker Witnessed over N500 million Loss in six months
The pharmaceutical company, May & Baker lost about N553 million in the first six months of this year. The company’s revenue in…
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FirstBank Deepening Financial Inclusion through 31,000 Agent Network
In its quest to deepen financial inclusion, FirstBank is channelling its resources to reach those at the bottom of the pyramid through…
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FBI List: EFCC Arrests Mastemind Behind ₦60 million Internet Fraud
The Economic and Financial Crimes Commission (EFCC) has arrested 36-year-old Joseph Oyediran, one of key wanted fraudsters on the list…
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Fidelity Bank Reports 12.3% increase in Gross Earnings for H1 2019
Fidelity Bank Plc reported a 12.3% increase in its gross earnings for the half-year period ended June 30, 2019. This was disclosed in the company’s H1…
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Nigeria lost 22 million barrels crude to theft in six months – Obaseki
The Governor of Edo State, Godwin Obaseki, has called on stakeholders of the National Economic Council on Crude Oil Theft,…
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Zenith Bank Sets New date for Dividend Payout
Zenith Bank has postponed the date for the payout of its 30 kobo interim dividend from the proposed date of 2nd…
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AfDB earmarks $25bn to fund Agriculture in Africa
The African Development Bank (AfDB), says it is currently investing 25 billion dollars to help make agriculture and agribusiness Africa’s…
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