Kaduna State governor, Mallam Nasir el-Rufai Activities at the Kaduna International Airport, Kaduna, would be paralysed from the midnight of Sunday following the industrial action declared in Kaduna by the Nigerian Labour Congress (NLC). Foremost Aviation unions – the National Union of Air Transport Employees (NUATE), Association of Nigerian Aviation …
Read More »Israeli air strike destroys Gaza tower housing AP, Al Jazeera TV offices
Gaza tower housing AP, Al Jazeera collapses after Israeli missile strike in Gaza City on Saturday. — Reuters An Israeli air strike Saturday demolished the 13-floor building housing Qatar-based Al Jazeera television and American news agency The Associated Press in the Gaza Strip, AFP journalists said. Israel “destroyed Jala Tower …
Read More »S&P: FBNH, FIRSTBANK BOARDS’ CHANGES ENSURED STABILITY
S&P Global Ratings said changes to the boards of First Bank of Nigeria Limited and FBN Holdings (FBNH) Plc, recently directed by Central Bank of Nigeria (CBN), addressed the banking group’s corporate governance challenges and ensures the Nigerian banking sector’s financial stability. In a statement, it stated that its ratings …
Read More »Q1 Report: Jumia Records Increase in Gross Profit
…as cost discipline, monetization drives growth Africa’s ecommerce market leader, Jumia has released its 2021 quarter one report, recording 11% year-on-year gross profit increase, as adjusted EBITDA loss decreased by 24% year-over-year. The report by the company also showed a sixth consecutive quarter of positive Gross Profit After Fulfillment Expense, …
Read More »Herdsmen can’t continue moving cows from north to south on foot – Akeredolu
Governor of Ondo State, Rotimi Akeredolu The Chairman of the Southern Governors’ Forum, Rotimi Akeredolu, on Wednesday, explained why the forum placed a ban on open grazing. Akeredolu, who presided over the Asaba meeting of the governors on Wednesday, during an interview on Channels Television’s breakfast programme, Sunrise Daily, said …
Read More »Ogun: Abiodun’s inclusive governance as stabilising factor
In his inauguration speech barely two years ago, Ogun State Governor, Prince Dapo Abiodun, did not mince words about the governance direction and political paradigm of his administration. When he chose the slogan “building our future together,” many people probably took it with a pinch of salt and felt …
Read More »SUSTAINING ECONOMIC EMPOWERMENT THROUGH FINANCIAL INCLUSION AND ENERGY ACCESS
Financial inclusion and provision of sustainable energy is at a turning point in Africa’s largest economy, Nigeria. With a population of over 200 million, about 50 per cent of the total population live in rural areas, and only 39 per cent of those living in rural communities have access to …
Read More »I did not breach NPA rules, exempt Dangote from statutory charges
Suspended Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman, on Tuesday dismissed media reports ( not included) suggesting that the NPA management under her leadership breached NPA rules and exempted the Dangote Group of companies from paying certain statutory charges at the Onne Ports, River State. “I …
Read More »Coastline terminals: Dangote Group does not own, not affiliated with ICTSI
Our attention has been drawn to an online publication by Sahara Reporters titled ‘EXCLUSIVE: How Suspended NPA Boss, Hadiza Usman Awarded Coastline Terminals To Dangote’s Proxy Company In Shady Deal’, dated Sunday, May 9, 2021. We want to state without equivocation that Dangote Group does not own and has …
Read More »V Bank Wins Banking App of The Year
V Bank, Nigeria’s foremost fully digital bank powered by VFD Microfinance Bank has won the Banking App of the Year Award at this year’s GAGE Awards held in Lagos, this April. The second edition of the award tagged: ‘’Year of The Digital Takeover,’’ is a comprehensive celebration of individuals and …
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