Lagos, Nigeria. August 1, 2022;  United Bank for Africa Plc, Africa’s global bank, today announced the appointment of Oliver Alawuba as Group Managing Director, overseeing all the Group’s banking operations across its twenty African country network and globally in the United Kingdom, the United States of America, France, and the …

A return to growth in output and stronger inflows of new orders helped underpin a further improvement in operating conditions in the Nigerian private sector during July. In turn, businesses increased their purchasing activity at the strongest rate for five months while stocks increased sharply. Despite stronger inflows of new …

NAFDAC DG, Mojisola Adeyeye Members of the Medical and Health Workers Union of Nigeria, National Agency for Food and Drug Administration and Control (NAFDAC) branch, on Monday suspended its indefinite strike. The union’s Secretary, Mr. Ayodeji Adetoboye, disclosed this in an interview with Punch. Adetoboye said, “An agreement has been …

…Revenue grows by 17% to N808 billion In a bid to ensure that Cement becomes available in all African countries, Chief Executive Officer of Dangote Cement, Michel Puchercos, has revealed that his company is ramping up production in its Okpella plant, Nigeria and progressing well to deploy grinding plants in …

Keystone Bank Limited, one of Nigeria’s leading retail lenders, has launched a special savings account for business owners tagged: ‘Keystone Apprentice Settlement Savings Account.’ According to the bank, the new account also known as ‘Oga Account’ which was formally launched on Wednesday, in Lagos, is ‘aimed at meeting the needs …

The naira last week depreciated to an all-time low of N730 to a US dollar at the parallel market. The National Youth Council of Nigeria (NYCN) has blamed the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele’s poor economic management policies for the recent depreciation of the naira …

No fewer than 2,750,000 tablets of tramadol 225mg weighing 1,650 kilograms worth One N1, 375, 000,000 have been intercepted at the Apapa port in Lagos by operatives of the National Drug Law Enforcement Agency, NDLEA. The consignment packed in 55 cartons of Tapentadol and Carisoprodol types of Tramadol was seized …

Benjamin Hundeyin SP Benjamin Hundeyin, the Lagos State Police Public Relations Officer, has said that the police and other security agencies are prepared for any planned terrorists’ attack on the state. Hundeyin, during a Twitter Space webinar, on Saturday, was responding to questions on reports of a possible planned attack …

APC flag The All Progressives Congress (APC), has won all 13 chairmanship seats in the local government election conducted in Ebonyi State at the weekend. Jossy Eze, chairman of the Ebonyi state Independent Electoral Commission (EBSIEC), announced the election results in Abakaliki on Sunday. He said APC also won all …

The National Youth Council of Nigeria (NYCN) has blamed the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele’s poor economic management policies for the recent free-fall of the Naira. The Naira within the week depreciated to an all-time low of N730 to a U.S dollar at the …