……Declares interim dividend of 25 kobo Per Share Lagos, Nigeria, September 3, 2023: Leading financial institution, Fidelity Bank Plc has recorded an impressive 204.4% growth in Profit Before Tax for the first half of 2023 to N76.3bn according to the bank’s recently issued financial result. A review of the …
Read More »NSIA outlines aggressive healthcare expansion plan as authority’s infrastructure intervention excites Reps committee chairman
The Nigeria Sovereign Investment Authority on Monday received members of the House of Representatives who were in Lagos to inspect projects undertaken by the Authority and their impact on the economy. Key areas of focus for the Lagos visits were Healthcare, Infrastructure and Agriculture. The Ad-hoc Committee was constituted by …
Read More »Tinubu meets service chiefs ahead of G20 summit trip to India
President Bola Tinubu on Monday met with service chiefs at the State House in Abuja ahead of his trip to the G20 summit in India. The meeting was attended by Taoreed Lagbaja, chief of army staff; Christopher Musa, chief of defence staff; Hassan Abubakar, chief of air staff and Emmanuel …
Read More »NEMSA: Meter upgrade a one-time process | Credit balance will remain intact
The Nigerian Electricity Management Services Agency (NEMSA) has assured customers that the ongoing electricity meter upgrade process will not affect the credit unit balance in their meters. Aliyu Tahir, managing director of NEMSA, gave the assurance in a statement in Abuja on Sunday, addressing the issue of standard transfer specifications …
Read More »Manufacturing, ICT, Banks, Highest Contributors As Nigeria Earned N1.49trn From VAT In Six Months
New N1,000, N500 and N200 Notes Issued By the Central Bank Of Nigeria Nigeria earned the sum of N1.49trn from Value Added Tax within the first six months of this year, a report released by the National Bureau of Statistics has revealed. A breakdown of the N1.49trn showed that the …
Read More »‘We’ll Never Have This Chance Again’ — Rema’s Heartfelt Speech At 16th Headies After Winning ‘Best Male Artiste’ Award
L-R; Music Stars, Rema, Burna Boy and Asake …As Burna Boy, Rema, Asake, Win Big Grammy award-winning artist Burna Boy, along with Asake and Rema, won big at the 16th Headies Awards held in Atlanta, Georgia. This prestigious event took place on Sunday, September 3rd, at the Cobb Energy Performing …
Read More »NNPP faction probes Kwankwaso over ‘manipulation, mismanagement’
A faction of the New Nigeria Peoples Party (NNPP) led by Agbo Major, has announced that it will probe Rabiu Kwankwaso, its presidential candidate in the 2023 elections. The faction also said some other members of the party will be probed alongside Kwankwaso for alleged mismanagement of over N1 billion …
Read More »Obaseki swears in LG chairmen, APC kicks
Map of Edo State The Governor of Edo State, Godwin Obaseki, on Monday, swore in the chairmen of the 18 Local Government Areas elected in Saturday’s council election amid calls by the All Progressives Congress to halt the ceremony. Obaseki said the elected chairmen were carefully selected by the Peoples …
Read More »NBS: Nigeria generated N1.49trn from VAT in six months — up by 25% from H1 2022
Nigeria generated N1.49 trillion as the aggregate revenue from value-added tax (VAT) in the first half of 2023, according to data from the National Bureau of Statistics (NBS), released on Monday. The figure represents a 25 percent increase compared to the N1.18 trillion recorded in the first half (H1) of …
Read More »Sanwo-Olu sends new nominee list to Assembly, Abayomi gets second chance
Governor of Lagos State, Babajide Sanwo-Olu The Lagos State Governor, Mr Babajide Sanwo-Olu, on Monday, transmitted a second list of cabinet member-nominees to the Lagos State House of Assembly. This is coming a few weeks after the House confirmed 22 and rejected 17 out of the 39 nominees earlier sent …
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