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Ukraine-Russia war: Nigeria, others may face commodity supply disruptions, says IMF
IMF logo The International Monetary Fund says countries that have very close economic links with Ukraine and Russia are at particular risk of scarcity and supply disruptions. It added that…
World Bank projects N4tn 2022 fuel subsidy, experts predict more loans
The Country Director, World Bank, Shubham Chaudhuri, says Nigeria’s decision to postpone the full deregulation of the downstream sector of the petroleum industry by 18 months may cost the country…
One Killed, Five Injured As Jeep Crashes Into Lagos Shops
One person has been confirmed dead while five others sustained injuries as Toyota Highlander ran into some shops at Amje bus stop, along Lagos-Abeokuta Expressway. It was gathered that the…
UBA profit soars by 8.72% to N118.678b in 2021
By Ngozi Onyeakusi--- UBA Plc, has posted a profit after tax of billion for its consolidated and separate financial statements for the year ended 31 December 2021. This represents…
Gombe Governor restates commitment to push for oil exploitation in Kolmani area
Gov. Inuwa of Gombe Governor Muhammadu Inuwa Yahaya has given an asurannce that his administration will not relent in pushing for the actualisation of exploitation of the already discovered oil…
GTCO reports Profit Before Tax of ₦221.5billion
By Ngozi Onyeakusi ---Guaranty Trust Holding Company Plc (GTCO) has released its Audited Consolidated and Separate Financial Statements for the year ended December 31, 2021, to the Nigerian Exchange Group…
AfricaNXT 2022: NCC Pulls the Largest Gathering, says 5G is safe
…Highlights 5G’s Socio-Economic Benefits NCC logo The AfricaNXT Conference 2022, known previously as Lagos Social Media Week, has ended on a historically impressive note for the Nigerian Communications…
Stanbic IBTC Bank Nigeria PMI®:PMI highest for over two years amid stronger demand
February PMI® data for Nigeria's private sector pointed to a substantial improvement in business conditions. Quicker expansions in output, new orders, employment and purchasing underpinned the latest improvement. At…
Pension Fund Assets Record N13.61tri
Pension Fund Illustration The pension fund assets has rise to trillion as at January 31, 2022. This is contained in an unaudited report on pension funds industry portfolio for the…
NNPC warns against fuel price hike
NNPC logo The Nigerian National Petroleum Company Limited (NNPC) has sounded a note of warning to marketers against selling petrol above the official price. The Group Managing Director, Mele Kyari,…
