Business

Mama Joy always has difficulty finding out how much profit she makes from her groceries business. She neither has an idea if she was running at a loss nor making profits coupled with her daily expenditures. Stanz’s case is not any different as he always struggles calculating how much profit …

Herbert Wigwe The half year 2022 results of Access Holdings Plc indicate gross earnings of N591.803 billion, representing a growth of 31.42 per cent yearon- year. According to its unaudited half-year financials submitted to the Nigeria Exchange Limited, the bank also made significant improvements across key performance indicators. The result …

In a bid to deepen insurance penetration in the country, FBNInsurance Limited said it plans to increase the number of policyholders to one million within the next one year. Managing Director of the company, Mr. Tunde Mimiko, who disclosed this at a press conference in Lagos, noted that currently the …

With the Nigerian population expected to reach 230 million by 2025, food security is of considerable importance. Today, the demand for food appears to be outstripping supply as a result of reduced productivity combined with post-harvest waste. To reverse this trend, we need innovative solutions to modernize our farming methods. …

GTB is in fresh trouble as ANLCA is seeking bank payment of N200 billion demurrage and storage losses over FG suspension. The Association of Nigerian Licensed Customs Agents (ANLCA) has requested the payment of over N200 billion in demurrage charges incurred by customs brokers and freight forwarders as a result …

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has rewarded more customers in its ongoing Reward4Saving Promo Season 2, with 70 Nigerians from different regions winning ₦100,000 each in its monthly draws, which held recently in Lagos State. The Reward4Saving promo is a nationwide campaign aimed at rewarding customers …

In support of the remark made by the Minister of Communications and Digital Economy, Prof. Isa Pantami that the country’s march towards attaining 95 percent digital literacy in 2030 now looks more promising than ever, the group CEO of Alerzo, Adewale Opaleye has said the realisation of this target will …

Sylva Chief Timipre Sylva, minister of state for petroleum resources, on Wednesday, assured that the Old Port Harcourt Refinery would become functional by December 2022. Sylva disclosed this when he briefed State House correspondents at the end of the Federal Executive Council FEC, meeting presided over by President Muhammadu Buhari …

NAPIMS Group General Manager, Mr Bala Wunti and Chevron -Stardeep Team The National Petroleum Investment Management Services (NAPIMS), and Chevron -Stardeep are to align their focus areas for the Agbami Floating Production Storage and Offloading. The NAPIMS Group General Manager, Mr Bala Wunti, disclosed this during an inspection tour of …

Heirs Insurance Limited and Heirs Life Assurance on Wednesday said they have began a partnership with the United Bank for Africa, titled: “Bancassurance.” Adaobi Nwakuche, Managing Director of Heirs Insurance, made the announcement in a statement issued in Lagos. According to the statement, the partnership will permit the distribution of …