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Consumer goods company, PZ Cussons Nigeria reported a net loss of N96.4 billion for the fiscal year ending May 31, 2024, according to information contained in its latest unaudited financial statements. The losses led the company to post a negative equity of N47.2 billion at the end of the fiscal …

A former Chief of Naval Staff, Admiral Alison Madueke, has filed a petition in the Lagos State High Court, seeking a legal declaration to end his marriage to Diezani and requesting that she stop using his last name. He is asking the court to order the former Minister of Petroleum …

In the fast-evolving world of digital banking, Nigeria stands on the brink of a financial revolution. As the global pandemic has accelerated digitalization, the need for accessible, efficient, and reliable financial services has never been more crucial. FirstCredit by FirstBank emerges as a groundbreaking digital lending solution designed to meet …

Agunloye is being prosecuted by the EFCC on seven counts bordering on official corruption and fraudulent award of Mambila Power Project contract to the tune of $6 billion (six billion US dollars). The Economic and Financial Crimes Commission, (EFCC) on Monday opposed the application of a former Minister of Power …

The state-owned university was plunged into darkness in spite of the management saying that the sum of N20million out of the N60 million monthly bill has been paid. The Kano Electricity Distribution Company (KEDCO) has disconnected the Kano University of Science and Technology, Wudil, from power supply over N40million unpaid …

Stanbic IBTC Holdings has announced the date for its annual women’s event tagged ‘Bloom Weekend’, coming up in July 2024. This dynamic event will celebrate women in its Blue Blossom community and feature several components including a yoga session, village market, the Ladies At The Table Empowerment Series (LATTES), an …

June data signaled a broad stagnation of the Nigerian private sector as subdued demand and intense price pressures led to slowdowns in growth of output and new orders. In turn, employment rose only fractionally. There were signs of inflationary pressures picking up, with purchase prices, staff costs and selling charges …

In his latest comedy-like address, Akpabio on Tuesday told Nigerians not to worry about the challenges facing Nigeria but only pray for the success of the Tinubu’s administration, saying it would pay off in the next seven years. Senate President, Godswill Akpabio, in another public gaffe on Tuesday, said nobody …

  A certain Economic and Financial Crimes Commission, EFCC, witness told an Abuja High Court that former aviation minister, Hadi Sirika’s company was not among five companies listed as bidders for the contract for the Apron Extension at Katsina Airport. The witness, Isaiah Yusuf, who testified as EFCC 4th witness …

The minister of Aviation and Aerospace Development, Festus Keyamo, says some private aircraft operating in Nigeria are being used for money laundering, drug trafficking and other illegal activities. Keyamo made the revelation at the Ministry of Aviation in Abuja yesterday, when he inaugurated a Ministerial Taskforce Committee to checkmate illegal …