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Umahi A five-storey building has collapsed in Abakaliki, Ebonyi State capital, the state police command confirmed on Wednesday. The building, which was under construction, is located in the Presco area of Abakaliki metropolis. Reports said the construction workers ran out of the building a few minutes before it went down. …

Access Bank Access Bank Plc, Nigeria’s largest bank by assets base, says it has entered into an agreement to acquire the entire 83.4 percent equity stake held by Centum Investment Plc, a Kenyan-based investment company, in Sidian Bank Ltd, for the sum of about N15 billion ($37 million). Access which …

  Wife of the President, Hajia Aisha Buhari (right); President Muhammadu Buhari; Vice President Yemi Osinbajo and President of the Senate, Ahmad Lawan during the All Progressives Congress (APC) Special Convention at the Eagle Square, Abuja… yesterday. • Akpabio, Amosun, Fayemi, four others step down for Tinubu • Osinbajo defies …

Atiku Abubakar, the presidential candidate of the Peoples Democratic Party, PDP says the party will still win in all the state under its control in next year’s election. The PDP controls 13 out of the 36 states in the country, while the APC controls 22 states. The only state not …

Hamid Bobboyi Hamid Bobboyi, executive secretary of the Universal basic Education Commission (UBEC), says N2bn has been earmarked for the 2022 National Personnel Audit (NPA). According to him, the audit had commenced in 17 states in the South East and South South; while the northern phase, covering 19 states and …

DMO Nigeria’s total debt stock rose to N41.60 trillion in the first quarter of 2022 from N39.56 trillion as of December 2021, according to figures from the Debt Management Office (DMO). This covers the total domestic and external debt of the federal and state governments, and the Federal Capital Territory. …

The scope of business in Nigeria is being redefined by business to business (B2B) e-commerce platforms as the popularity of digital technology is largely driving the adoption of e-commerce in Nigeria. It is recorded that between January 2020 and January 2021, 50 percent of Nigeria’s population that is 104.4 million …

Following the success of the first tranche of Stanbic IBTC N100 billion Infrastructure Fund, the Series II, which was released in early May, continues to generate interest among investors. With the N15 billion Series II offer scheduled to close on Friday, 10 June 2022, Stanbic IBTC Asset Management Limited, the Fund …

Business conditions in Nigeria’s private sector strengthened in May, but the rate of improvement slowed from April. Softer uplifts were recorded in output, new orders, purchasing activity and input inventories. That said, new orders continued to rise sharply which prompted a quicker expansion in headcounts. In turn, sentiment improved with …

The National Leader of the APC, Asiwaju Bola Ahmed Tinubu, is under pressure to forgo his presidential ambition A party source, disclosed that President Muhammadu Buhari had last week sent some party leaders to convince Tinubu to step down “in the interest of the party”. It was gathered that the …