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Petrol price to increase as PEF hikes transporters margin
Nigerians should expect an increase in the pump price of Premium Motor Spirt (PMS), popularly called petrol anytime soon as the Petroleum Equalisation Fund(PEF), has concluded plans to increase petroleum…
African heads of states Paris summit on Covid, economic revival kicks off tomorrow
By Ngozi Onyeakusi---- African leaders, several European leaders and a dozen heads of international organizations will be recieved on Tuesday by French President Emmanuel Macron for a summit on the…
Do not use political powers to oppress people… Goodluck
Former President Goodluck Jonathan has urged leaders not to use temporary political office to punish people. He said he never believed in using temporal political office in punishing people. Speaking…
Free Zones Reform: Investors Threatens Divestment
Leading investors in Nigerian Free Trade Zones have threatened to commence divestment from the zones and have called on the board of Nigeria Export Processing Zones Authority(NEPZA) to summon a…
CBN disburses over N83.9bn loans to drug manufacturers – Emefiele
In an effort geared towards building a robust healthcare infrastructure, the Central Bank of Nigeria (CBN) said it has so far disbursed over billion in loans to pharmaceutical companies and…
Transcorp Hotels set to rake in 67.49% revenue growth in 2021
By Ngozi Onyeakusi--- Transcorp Hotels Plc expects its 2021 revenue to jump by per cent to N17bn as it recovers from the impact of the COVID-19 pandemic on the hospitality…
Jaiz Bank’s gross revenue soars by 43 per cent to N5.99bn 2021 Q1
By Ngozi Onyeakusi--- Jaiz Bank Plc has reported a gross revenue increase of 43 per cent to in the first quarter of 2021 from in the corresponding period of 2020.…
Gridlock: Sanwo-Olu abandons Oshodi-Apapa expressway, as motorists, commuters lament
Motorists and commuters along Oshodi-Apapa Expressway and Apapa environs have continued to languish helplessly in gridlock due to activities of drivers of articulated vehicles who park indiscriminately on the highways…
UNILAG establishes multidisciplinary malaria centre for research capacity building
Centre for Malaria Research, Diagnosis, Training and Policy, University of Lagos, on Sunday, said it had established a malaria centre for research capacity building and policy. Director of the centre,…
Fitch affirms rating on FBN Holdings, First Bank
Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of FBN Holdings Plc (FBNH) and its subsidiary, First Bank of Nigeria Ltd (FBN), at ‘B-’ with a Negative Outlook.…