Technology has been a veritable gift to mankind, and over the years, it has been responsible for creating amazingly useful resources which put all the information individuals need at their fingertips. The development of technology has also led to so many mind-blowing discoveries, better facilities, and better luxuries, which has …
Read More »Pension industry fund assets rise to N12.29tr
The pension industry fund assets rose to N12.29 trillion by November 30, 2020. This represented a 1.94 per cent increase when compared with N12.053 trillion recorded as at October 31, 2020. Latest report by the National Pension Commission (Pencom) showed that the pension funds rose by 5.89 per cent between …
Read More »NNPC records $120.49m crude oil receipt in September
THE Nigerian National Petroleum Corporation (NNPC) on Sunday announced a total export receipt for crude oil and gas valued at $120.49 million for September 2020. A statement by the Group General Manager, Group Public Affairs Division of the corporation, Dr. Kennie Obateru, said the figure was in the September 2020 …
Read More »Zenith Bank board meets to discuss results, final dividend
The Board of Directors of Zenith Bank Plc will meet on Thursday 28, 2021, to discuss the audited financial statements (AFS) for the year ended December 31, 2020. It is also expected that board will consider a final dividend for the year, having paid an interim dividend of 30 kobo …
Read More »FIRSTBANK: SETTING THE PACE IN WORLD CLASS BANKING SERVICES, CITIZEN EMPOWERMENT AND SOCIAL INTERVENTION IN AFRICA AND BEYOND
Foremost Financial Institution, First Bank of Nigeria Limited is unarguably the Leader in the Banking industry in Nigeria. Its Capital base, National spread, customer-friendly products and services are second to none. The Bank’s Corporate Social Responsibility efforts cut across the nook and cranny of the country. These activities which stands …
Read More »Dangote completes Nigeria’s longest concrete road
The Dangote Group has completed Nigeria’s longest rigid pavement located in Kogi State. It is the first of its kind, top engineers say. The 43KM Obajana-Kabba road constructed by Dangote Industries Limited (DIL), as been described by motorists as the country’s most strategic highway that is aiding travelers between …
Read More »Heirs Holdings Significantly Expands Oil and Gas Portfolio
Acquires 45% of OML 17 from Shell, Total and ENI Existing Production Capacity of 27,000 barrels of oil equivalent per day Estimated 2P Reserves of 1.2 billion barrels of oil equivalent Estimated Additional 1 billion barrels of oil equivalent of further exploration potential Lagos, Nigeria, January …
Read More »FIRSTBANK BEGINS THE YEAR WITH AN INNOVATIVE, CONVENIENT VIRTUAL PAYMENT CARD
Lagos, 11 January 2021 First of Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider has launched the Virtual Payment card, a Naira denominated debit card and digital representation of the plastic debit card. The card is designed to be linked to either a customer’s operative account or wallet account. …
Read More »How Jumia stock is rebounding and gaining momentum
The last four weeks has been that of uplift in fortune for holders of Jumia stock, and the development is rightfully drawing attention of stock-inclined minds: Fruitful yuletide: The stock sold as high as $47 a day to Christmas and has hovered between $34 and $39 since December 11th …
Read More »Stanbic IBTC Supports Businesses with Bouquet of Solutions
Nigeria’s leading financial institution, Stanbic IBTC Holdings PLC, has highlighted its array of solutions to support businesses in the country to make the most of 2021. The solutions on offer are geared towards providing access to flexible funding for small, medium and large-scale enterprises thereby addressing inadequate access to capital, …
Read More »