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 …
Read More »BREAKING: NAFDAC workers suspend strike
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 …
Read More »Q2: Dangote Cement deploys grinding plants in Ghana and Cote d’Ivoire
…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 …
Read More »Keystone Bank launches Apprentice Settlement Savings account for business owners
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 …
Read More »National Youth Council Of Nigeria Asks Buhari To Sack Central Bank Governor, Emefiele Over Naira Depreciation, Poor Economy
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 …
Read More »NDLEA intercepts 2.7m tramadol tabs
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 …
Read More »Lagos police prepared for terrorists’ attack – PPRO
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 …
Read More »APC wins all seats in Ebonyi local government election
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 …
Read More »Poor economy: Emefiele has failed, sack him now –Youth Council tells Buhari
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 …
Read More »HALF YEAR 2022: TRANSCORP GROUP DELIVERS SUSTAINABLE GROWTH AS PBT HITS N13.36BN HIGHLIGHTS
PBT grew Significantly by 85% Group Revenue grew by 18% Year on Year. Hotel Business witnesses’ tremendous growth with a 2451% growth in profit before tax and on Track to see record PBT in 2022. Transnational Corporation Plc (Transcorp Group), Nigeria’s leading conglomerates with investments in Hospitality, Power, and Oil …
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