Archives for June 9, 2023
AIICO Shareholders Applaud N7.55bn Profit, 3kobo Dividend
By Ngozi Onyeakusi Shareholders of AIICO Insurance Plc, have applauded the growth trajectory achieved by the firm, as it recorded billion Profit After Tax (PAT) in the year 2022, as…
Nestlé MILO Basketball Championship 2023: Bayelsa Continues Dominance
By Ngozi Onyeakusi---For the 10th time in the last 10 editions, St. Jude’s Girls Secondary School, Amarata, Yenagoa, Bayelsa State has qualified for the finals of the MILO Secondary Schools…
Jimoh Ibrahim Loses Appeal To Recover Seized Assets From AMCON
Jimoh Ibrahim The Court of Appeal Lagos State Division has dismissed an appeal brought before it by Barrister Jimoh Ibrahim, the chairman of Global Fleet Group who is challenging the seizure of 12 of his assets…
Telecom Sector Generates N2.508 Trillion In 2023 Q1
Telecoms logo By Ngozi Onyeakusi---The telecommunications and Information Services sector in Nigeria has, in the first quarter 2023, delivered a handsome trillion in terms of financial value contribution to…
NNPCL withholding N8.4tr from Federation Account, says RMAFC
NNPCL logo About trillion meant for the Federation Account is being withheld by the Nigerian National Petroleum Company Limited (NNPCL), the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has…
Oil revenue crash pushes FG’s deficit to N513bn in February
Drums of oil The Federal Government’s fiscal operations in the early part of this year have resulted into a per cent rise in deficit spending in February 2023. The development…
Why Dangote Engages More Female Truck Drivers
Dangote For their strict compliance to rules and regulations governing road usage, the Dangote Cement Plc, Transport division, has quadrupled the enrolment of female truck drivers into the Dangote Articulated…