Business

By Olutayo Irantiola   In the last few weeks, many markets across Lagos State have been locked and opened by the Ministry of Environment and the Lagos Waste Management Authority (LAWMA). There is no gainsaying that these markets are due for closure. However, what next after the re-opening of the …

LAGOS.3.11.2023. Retail lender, Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023, with customer deposits appreciating by 5% to N344.4 billion within the period, an indication of business growth and customer confidence in the Bank.   A review of the lender’s …

The distress of Polaris Bank may be far from over, this is as multi-billion-naira loans granted to six directors (inclusive of a former MD) of the bank without documented collaterals, are yet to be recovered. The distress enveloping Polaris Bank may be far from over, this is as multi-billion-naira loans …

The Nigerian Government through the Federal Inland Revenue Service (FIRS) has issued a seven-day ultimatum to BUA Industries Limited to reconcile with the government or pay N198.7 billion arising from non-compliance with income tax laws and VAT returns remittance. The tax liability is for 2022. A letter addressed to the …

African Voices Playmakers, the 30-minute magazine programme sponsored by Globacom on CNN International, will this weekend feature two high profile architects who have successfully created more inclusive places for people to live, work, and play. The guests who will be on the programme include Nigeria-born Tosin Oshinowo and  Luyanda Mphalwa, from South Africa. …

Under the Contributory Pension Scheme (CPS), pension funds have emerged as a formidable force in addressing the infrastructure financing gap in Nigeria, providing essential support for the development of vital projects throughout the country. As pension funds increasingly establish themselves as a viable alternative source of infrastructure funding in Nigeria, …

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, collaborated with the Nigeria Breweries/Felix Ohiwerei Education Trust for the 9th Edition of the Maltina Teacher of the Year Competition Grand Finale. This strategic partnership underscores Stanbic IBTC’s commitment to promoting quality education in Nigeria and recognises the pivotal role teachers play in …

The Beer Sectoral Group (BSG) of the Manufacturers Association of Nigeria (MAN) and the Federal Road Safety Corps (FRSC) launched the 2023 edition of their annual Don’t Drink & Drive campaign on the 1st of November 2023, at the Movenpick Hotel, Ikoyi, Lagos. The BSG comprises International Breweries Plc, Guinness …

  Information emanating from the National Secretariat of the National Union of Petroleum and Natural Gas Workers (NUPENG), the Petroleum Tankers Drivers Branch has slammed an indefinite suspension on some members of the union over their anti-union activities and actions that may lead to breach of peace in the country. …

  Nigerian Electricity Regulatory Commission (NERC).PIX:Twitter The Nigerian Electricity Regulatory Commission (NERC) has constituted a committee to investigate the death of a staff of the Benin Electricity Distribution Company (BEDC) Staff, Augustine Izekor, who was electrocuted last Thursday. NERC confirmed in a statement on Wednesday that it had received a …