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Oregbe Bags Merit Award Of Reliance Newspaper At 16


BENIN – The Reliance Newspaper, a foremost Nigerian weekly community news tabloid based in Benin City, Edo State rolled out the drums to celebrate its 16th year of unbroken publication and presence on the news stands across major cities…

Global, Domestic Economy Outlook Better This Year – Report


LAGOS – The latest results from the McKinsey Global Survey has stated that business executives across the world are more confident in the global and domestic economy, showing a more optimistic views of the business environment this year.…

Foundation To Train Youths On Technology Skills


Teen Tech Foundation, a Lagos-based non-for profit organisation, is set to empower youths with technology skills during its upcoming 2024 Tech Conference. Speaking at a media briefing heralding the event, which comes under the theme: “Tech…

NASENI Partners NIPSS On Digital Economy, Job Creation


The National Agency for Science and Engineering Infrastructure (NASENI) and the National Institute for Policy and Strategic Studies (NIPSS), Kuru, Plateau State are set to collaborate on enhancing Nigeria’s digital economy footprints,…

Pension Contributions In Marginal Drop In Q4 – Report


The pension industry got a negative hit by the rate of inflation that increased to 28.92 per cent in December 2023 from 26.72 per cent in the previous September, the industry’s Fourth Quarter Report released by the National Pension…

Why Nigeria’s General Price Level Inched Higher In March To 33.2%


The National Bureau of Statistics (NBS), has stated that Nigeria’s headline inflation rate nudged higher to 33.2% y/y in March 2024 from 31.7% y/y in the previous month. Compared to the same period in 2023, the headline index print…


Supply Chain Africa To Build N5bn World-Class Research Centre At LAUTECH


A firm, Supply Chain Africa, in partnership with Adebayo Adeleke LLC, is set to build a research and innovation centre at Ladoke Akintola University of Technology (LAUTECH), in Ogbomoso, Oyo State. The project, which will cost N5 billion (…

FY 2023: Fidelity Bank Profit Up 121.9%, Declares N0.60 Dividend


Fidelity Bank Plc has released its 2023 full year Audited Fi­nancial Statements, reporting a 131.5 per cent growth in Prof­it Before Tax to N124.26 billion. According to the results, which was issued to the Nigerian Exchange (NGX) on…

UBA Expresses Confidence In Meeting New N500bn Capital Base


United Bank for Africa Plc has expressed confidence in its ability to meet the new capital base specified by the Central Bank of Nigeria. Oliver Alawuba, UBA’s Group Managing Director/Chief Executive Officer, in a statement issued, made…

IMF Projects Nigeria’s Growth To Rise To 3.3% In 2024


The International Monetary Fund (IMF) has projected Nigeria’s growth to rise from 2.9% last year, 2023, to 3.3% in 2024. Daniel Leigh, IMF Division Chief, said this in Washington on Tuesday while co-briefing on the Fund’s latest World…

Tuesday, Apr 16


IAE 2024 Set To Shape Africa’s Energy Future Through Collaboration, Investment


ABUJA – Invest in African Energy 2024 (IAE) is set to take place as a pivotal forum, fostering collaboration between global investors and Africa’s burgeoning energy markets. This exclusive two-day event scheduled to take place from May 14…

Delta Oil & Gas Commissioner Chairs Utorogu Field Contractors Forum Exco Inauguration


Chief Vincent Oyibode, the Delta State Commissioner for Oil and Gas, has advocated for peace, cooperation, and mutual understanding between host communities and oil companies operating in Delta State to promote industrial harmony. The Oil …

Breaking: Dangote Crashes Diesel Price To N1,000 Per Litre


In an unprecedented move, Dangote Petroleum Refinery has announced a further reduction of the price of diesel from 1200 to 1,000 naira per litre. While rolling out the products, the refinery supplied at a substantially reduced price of N1…


CAPPA Warns Nigerians Against Burna Boy’s Vape Deal


A Lagos-based non- governmental organization, the Corporate Accountability and Public Participation Africa (CAPPA) has condemned a five-year deal between Grammy Award-winning artiste Burna Boy’s company, BrkFst, and Aspire North America,…


Ondo Guber: APC Prepares For Delegates’ Congress Ahead Primary


AKURE – In preparation for the Saturday governorship primary of All Progressives Congress (APC) in Ondo State, the 2024 Governorship Delegate Congress Committee of the party has arrived in the state. The Chairman of the committee, Rabiu…


Cross River Set To Complete Payment Of Pensioners’ Entitlements


In readiness to complete the payment of terminal entitlements of its retired workers at state and council levels, the Cross River State Government has announced that all retirees whose pension payment could not be effected due to biometric…


N200m, 3SUVs For Grabs As Access Bank Unveils DiamondXtra Season 16


Bamidele Ogunwusi, Lagos The sixteenth season of DiamondXtra, a savings and reward account where customers of Access Bank are rewarded with several prizes, have been unveiled in Lagos. The Season 16th of the special interest yielding…


Climate Change And Its Impact On Nigeria’s Food Production: A Looming Crisis


In Nigeria, the escalating food shortages, marked by rising prices and decreased availability of agricultural products, are palpable. Yet, many Nigerians remain unaware of how their everyday actions contribute to this growing crisis. The…

NiMet, Agriculture Ministry Partner Towards Improving Agricultural Production


LAGOS – The Nigerian Meteorological Agency (NiMet) and the Federal Ministry of Agriculture and Food Security have made moves to strengthen their existing relationship towards improving agricultural production in the country. Nimet and the…

Yemi-Esan Charges Perm Secretaries To Champion Transformation In Federal Civil Service


Dr. Folasade Yemi-Esan, Head of the Civil Service of the Federation(HCSF) has charged Permanent Secretaries in the Federal Civil Service to champion transformation in the Service through the implementation of Performance Management Systems…


Stakeholders Set To Converge For 5th Edition Of Lagos Real Estate Fest


Africa’s leading B2B event servicing company, Eventhive.ng, has announced the return of its annual Lagos Real Estate Fest. The Lagos Earl Estate Fest now for its 5th edition is scheduled to hold on the 27th of June, 2024 at the Landmark…

Oborevwori Pledges Friendly Environment For Investors


Delta State Governor, Rt. Hon. Sheriff Oborevwori, Tuesday, said his administration would continue to actively promote and sustain a business- friendly environment that would significantly attract potential investors to the state. Governor…


BNSG Partners Chinese Firms In Health, Power Sectors


….Aims To Discourage Health Tourism The Benue State Government (BNSG) has entered into partnership with a Chinese firm, Shanghai Haitian hospital, to facilitate academic and clinical interchange in the health sector. The partnership led to…


Gov. Radda Appoints Falalu Bawale As Katsina New Head Of Service


Governor Dikko Umaru Radda of Katsina state has approved the appointment of Alhaji Falalu Bawale as the State’s Head of Service. Bawale until his appointment was a Permanent Secretary in the Office of Katsina Head of Service. Bawale takes…


Inflation Rate Increases To 33.2% In March


ABUJA – The latest report released by the National Bureau of Statistics (NBS) indicates that the headline inflation rate increased to 33.20% in March 2024 relative to the February 2024 headline inflation rate which was 31.70%. NBS noted…


Embraer, ENAER Form Cooperation Agreement In Chile


Embraer and the National Aeronautical Company of Chile (ENAER) have formed two industrial and services cooperation agreements involving the A-29 Super Tucano and the C-390 Millennium defense aircraft and commercial aircraft. A statement by…

How You Can Make It Big In Cattle Farming


Cattle rearing present a number of opportunities to make money in agriculture. Apart from rearing herds of cattle and selling them at maturity, there are other business opportunities attached to it. For example, if you are interested in…

Aircraft Leasing For Nigerian Operators Requires Policy Change – UNA Chairman


Prof. Obiora Okonkwo, the Chairman of United Nigeria Airlines (UNA) in this interview with OLUSEGUN KOIKI, speaks about aircraft leasing, insurance premiums for Nigerian airlines, the recent commencement of direct flight services between…

TotalEnergies To Champion Multi-Energy Investment Strategy At Confab


LAGOS – TotalEnergies’ Senior Vice President for Africa Mike Sangster will deliver an opening keynote at Invest in African Energy (IAE) 2024 – a two-day investment forum taking place in Paris next month. TotalEnergies represents one of the…

How Gas Drives Nigeria’s Economic Growth, Industrial Development – NNPC Boss


LAGOS – The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd.),Mr. Mele Kyari, has reiterated the crucial role of natural gas in fuelling economic growth and industrial development in…