Tuesday, January 26, 2021
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Zenith Bank board meets to discuss results, final dividend

The Board of Directors of Zenith Bank Plc will meet on Thursday 28, 2021, to discuss the audited financial statements (AFS) for the year...

Pension industry fund assets rise to N12.29tr

The pension industry fund assets rose to N12.29 trillion by November 30, 2020. This represented a 1.94 per cent increase when compared with N12.053...

Nigerian stocks buck global downtrend with N552b gain

Nigerian equities played the contrarian amid global stock market decline as sustained bargain-hunting ahead of the earnings season roused Nigerian shares to a net...

CBN finances N2.86trn of FG’s 2020 fiscal deficit

The Central Bank of Nigeria (CBN) financed the Federal Governments (FG) 2020 fiscal deficit to the tune of N2.86 trillion, equivalent to 46.6 percent...

NNPC records $120.49m crude oil receipt in September

THE Nigerian National Petroleum Corporation (NNPC) on Sunday announced a total export receipt for crude oil and gas valued at $120.49 million for September...

Lagos targets N512b tax, N193b loan to fund 2021 Budget

LAGOS State Government plans to raise N192. 49 billion through domestic and international lenders to supplement its N1.164 trillion budget. The state expects N723.8 billion...

NSE: Zenith Bank, Flour Mills, others top gainers chart

Three finance companies, today, made the top five activity chart on the floor of the Nigerian Stock Exchange (NSE), including Access Bank, AXA Mansard...
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News /


Pension industry fund assets rise to N12.29tr

The pension industry fund assets rose to N12.29 trillion by November 30, 2020. This represented a 1.94 per cent increase when compared with N12.053...

Nigerian stocks buck global downtrend with N552b gain

Nigerian equities played the contrarian amid global stock market decline as sustained bargain-hunting ahead of the earnings season roused Nigerian shares to a net...

NNPC records $120.49m crude oil receipt in September

THE Nigerian National Petroleum Corporation (NNPC) on Sunday announced a total export receipt for crude oil and gas valued at $120.49 million for September...

Companies /


AfDB okays $7m for mini-grid programme

The African Development Bank (AfDB) has approved a $7 million grant from the Sustainable Energy Fund for Africa (SEFA) for technical assistance in setting...

COVID-19: FirstBank launches ‘mask up, stay safe” campaign

First Bank of Nigeria Limited has announced its ongoing digital campaign “Mask Up, Stay Safe” as part of its advocacy to encourage everyone to...

OPay targets North Africa after Nigeria success

OPay, a Nigerian , wants to expand its payments service operations to North Africa early next year after breakthrough in African largest economy. Bloomberg reported...

Markets & Economy  /


NSE: Zenith Bank, Flour Mills, others top gainers chart

Three finance companies, today, made the top five activity chart on the floor of the Nigerian Stock Exchange (NSE), including Access Bank, AXA Mansard...

Demutualisation: Oscar Onyema named GCEO Nigerian Exchange Group

The national council of the Nigerian Stock Exchange (NSE) has announced Oscar Onyema as the new group chief executive officer (GCEO), Nigerian Exchange Group...

NSE removes MRS Oil, BUA Cement, Fidelity Bank, 14 others from market indices

The Nigerian Stock Exchange (NSE) has removed 17 companies from its market-gauging indices to ensure that the indices fully reflect the market situation and...

Investing  /


FG signs investment promotion deal with Singapore, Morocco

The Federal Government said it has signed an investment promotion deal with Singapore and Morocco. It also stated that it was in talks with the...

GiTEX 2020: Nigeria Expecting $50m Investment – Pantami

The Federal Government has disclosed that about 50 million dollars foreign investments are already being expected into the economy for the support of various...

Top banker, Philip Ikeazor, talks on six critical success factors for business post COVID-19

Philip Ikeazor, former Managing Director/ Chief Executive Officer of Nigeria’s foremost lender, Keystone Bank Limited and Director/Principal Consultant, Tideway Advisory Limited has postulated six...

Business Education /


Naira maintains stability, exchanges for N474/$

The Naira exchanged to the Dollar in the parallel market at N474/$ on Thursday. The naira which recorded slight improvement in recent days continued to...

Afreximbank sets up $1b AfCFTA facility

AFREXIMBANK has set up a $1billion African Continental Free Trade Agreement (AfCFTA) Adjustment Facility to help member states adjust to the new trade regime...

Sterling Bank partners Lagos Govt on health insurance scheme

Sterling Bank Plc has concluded plans to partner with the Lagos State Government on its push to enrol all residents on a health insurance...

Opinion /


Systematic reopening of the Nigerian economy by the PTF

Eight months later, the arteries of the economy are pumping once again. Airports have reopened, bringing in 5,000 to 7,000 passengers daily. Schools have...

Recession: Nigeria’s Economic Crisis Requires a Political Solution – Kingsley Moghalu

It is no surprise that Nigeria has entered its second severe economic recession in five years since 2015; Kingsley Moghalu writes. According to Dr. Yemi...

Magu: Why FCMB must prove not to be conduit pipe

The melodrama involving Ibrahim Magu, suspended chairman of Economic and Financial Crime (EFCC), Prophet Emmanuel Omale of Abuja-based Divine Hand of God Prophetic Ministries...

Technology /


Tech bridging gap between kids, future, says MTN

MTN Nigeria on Monday said technology has become a tool that is bridging the gap between the kids and the future, positioning them to...

NCC asks Telcos to suspend sale of new Sim Cards

The Nigerian Communications Commission (NCC) has instructed Telcos in the country to halt the sale and reactivation of new SIM cards In a letter dated...

E-Payment transactions hit N111.29tn between January to September 2020

The value of transactions via digital payment platforms – Nigeria Interbank Settlement System Instant Payment System and Point of Sales terminals – rose to...

Jobs & Appointments /


Fidelity Bank Unveils Onyeali-Ikpe As Next CEO

Nnamdi Okonkwo, the outgoing Chief Executive Officer (CEO) of Fidelity Bank, has formally unveiled Nneka Onyeali-Ikpe as his successor to stockbrokers at the Nigerian...

MTN appoints Karl Toriola as CEO MTN Nigeria

MTN Group has appointed Karl Toriola, vice president for MTN Group’s West and Central Africa (WECA) region, as CEO of MTN Nigeria. MTN made this...

JAIZ Bank Plc appoints Sirajo Salisu, 2 others as Directors

JAIZ Bank Plc has announced the appointment of Dr. Sirajo Salisu as an Executive Director with effect from 1st January 2021. It also appointed two...

Lifestyle /


Comedian Craze Clown survives car accident on wife’s birthday

Nigerian Instagram comedian, Emmanuel Iwueke, known as Craze Clown, has narrated how he escaped a car accident that almost cost him his life. The Ukranian...

I was depressed after BBNaija – Alex

Alex Asogwa, a BBNaija season 3 housemate has revealed that the pressure from her celebrity status pushed her into depression after her return from the...

Burna Boy is first Nigerian singer with UK silver album

Popular Nigerian musician, Damini Ogulu, aka, Burna Boy, has become the first Nigerian musician with a certified silver album, “African Giant” in the UK. Burna...

Sports /


Super Eagles end 2020 at 35th in FIFA ranking

The Super Eagles of Nigeria have ended the year 2020 in 35th position in the latest FIFA ranking. According to the list released by the...

Benzema lifts Real Madrid to UCL knockout stage

Real Madrid forward, Karim Benzema netted two goals against Borussia Monchengladbach to send the Spanish club into the Champions League knockout stages. The other two...

UCL: Ronaldo’s Double Outshines Messi At Camp Nou

Five-time World Footballer of the year winner Cristiano Ronaldo scored two goals against Barcelona in a game that ended 3-0 at the Nou Camp. The...