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Nnamdi Okonkwo, the managing director of Fidelity Bank, has been named the banking sector CEO of the decade at the recently held BusinessDay Banks and Other Financial Institutions (BAFI) Awards.
Mele Kyari, group managing director, Nigerian National Petroleum Corporation (NNPC), says buyers were begged to purchase Nigeria’s crude oil at $9 per barrel in April.
The proposed plan by the Federal Government to manage unclaimed dividends, projected to hit N200bn by the end of this year, has drawn the ire of capital market operators on the adverse effects on investor confidence and future growth of the market.
The Niger Delta Power Holding Company (NDPHC) has unfolded plans to complete four Nigerian National Integrated Power Project (NIPPs) with 2000MegaWatts combined capacity.
Mr Mele Kyari, Group Managing Director, Nigerian National Petroleum Corporation (NNPC) says he is optimistic that the corporation will declare dividends in 2020 in spite of the challenges posed by the COVID-19 pandemic.
Zenith Bank Plc and United Bank for Africa (UBA) Plc, pan-African financial institutions, have reported a combined gross earnings of N963.375 billion and profit after tax (PAT) of N236.132 billion for the nine months ended September 30, 2020 despite the challenging operating environment.
United Bank for Africa (UBA) has announced a 5.99 percent growth in gross earnings from N428.7 billion in September 2019 to N454.4 billion in 2020.
Investors in the Nigerian capital market have expressed disgust over the plan by the Federal Government to take over the N158 billion outstanding unclaimed dividend in the market.
Shareholders of Ardova Plc (AP) have said the agreement for the company to sell lubricants of Shell in Nigeria is a positive development that will boost the performance of the petroleum products marketing firm.
The Securities and Exchange Commission, SEC, has stated that the Federal and State Governments have the capabilities to unlock enormous potentials through privatisation.
Anambra State joint taskforce against touting and illegal internal revenue agents have arrested about 10 suspected illegal revenue agents extorting drivers and passers-by around Bridgehead and Upper-Iweka area of Onitsha.
A California appeals court on Thursday unanimously ruled against ride-hailing companies Uber and Lyft, saying they must reclassify their drivers in the state as employees.
Dangote Cement has grown the wealth of its shareholders, paying over N 1 trillion as dividends in the past seven years.
England’s Premier League said on Thursday its shareholders had unanimously agreed to a broadcast deal in China for the 2020/2021 season with digital media platform Tencent.
The Senate has been told that the Federal Capital Territory Administration, FCTA spent a total sum of N28.5billion on some activities within the Federal Capital Territory, FCT during the outbreak of the Coronavirus COVID-19 pandemic, especially during the lockdown.
The Chairman of the Nigerian Communications Commission (NCC), Professor Adeolu Akande, has said only good governance will silence social media from its criticism of government.
The Independent National Electoral Commission, INEC, has expressed readiness for the conduct of bye-elections across 11 States this Saturday.
Following the Senate’s clearance of reappointed Chairman of the Independent National Electoral Commission INEC, Prof. Mahmood Yakubu, the ruling All Progressives Congress APC has set an agenda for the chief electoral umpire, urging him to be unbiased and apolitical.
As policymakers and investors explore all options available to revive the post-COVID-19 economy, a group of experts have recommended an increased focus on the industrialisation and vibrant trade flows found in Nigeria’s free trade zones.
Queens Park Rangers manager Mark Warburton has urged Bright Osayi-Samuel to shun speculation over his future and continue to play a key role at the club.
The management of Plateau United Football Club of Jos says fans will not be allowed into the Jos international stadium to watch its preliminary first leg tie against Simba SC of Tanzania, Sunday.
Fulham climbed out of the Premier League relegation zone after finally solving their penalty woes in a shock 2-1 win at Leicester on Monday.
The Minister of Science and Technology, Dr. Ogbonnaya Onu, has said that alrhough Nigeria is blessed with crude oil and other natural resources, the value and potentials of the country’s youths are far higher than them.
During the session, panellists discussed the challenges which confronted Nigeria-China trade relations as a result of the COVID-19 pandemic, as well as the impact of recent regulatory pronouncements on trade between both countries.