Business News
Concerns over Africa energy transition as 850m use polluting fuels
African Refiners and Distribution Association (ARDA) and other experts in the Liquefied Petroleum Gas (LPG) industry have warned of imminent danger if Africa fails to quickly adopt modern clean energy
$1.6 billion Lekki deep sea port reaches 50% completion
Hope on delivery of the much-expected Lekki Deep Sea Port looks brighter as the construction of the $1.6 billion project reaches about 50 per cent completion. The post $1.6 billion
Lagos warns telcos against illegal digging of land
The Lagos State Government has warned telecoms operators against illegal land digging for fibre cable laying. The post Lagos warns telcos against illegal digging of land appeared first on The
Julius Berger posts N71.2b turnover, N3.4b PBT in Q1
Julius Berger Plc has posted a turnover of N71.2 billion in its first quarter (Q1) operations, as against N55.9 billion achieved in the corresponding period in 2020. The post Julius
SON raises concern over sub-standard steel materials
The Standard Organisation of Nigeria (SON), on Tuesday, raised the alarm that over 95 per cent of steel and iron materials in the Nigerian market were sub-standard. The post SON
LCCI, NEXIM Bank seek policies to grow non-oil exports
The Director-General, the Lagos Chamber of Commerce and Industry (LCCI), Dr. Muda Yusuf, and Managing Director of the Nigerian Export-Import Bank (NEXIM), Abba Bello, have called on the government to
Shareholders commend Union Bank’s profitability, approve dividend
Union Bank of Nigeria Plc yesterday, held its 52nd yearly general meeting with its shareholders approving the Group’s 2020 annual accounts. The post Shareholders commend Union Bank’s profitability, approve dividend
AfDB, IFAD partner to strengthen food security in Africa
The African Development Bank(AfDB) and the International Fund for Agricultural Development (IFAD), the Forum for Agricultural Research in Africa (FARA) and the CGIAR System Organisation have formed an alliance to
Banks owe MTN N40 billion as digital revenue climbs by 101%
MTN Nigeria has said that banks are indebted to it to the tune of N40.3 billion as of the end of first quarter 2021 on the account of unstructured supplementary
Delta economic summit group appoints new DG
The Delta Economic Summit Group (DESG) has appointed Ekenem Isichei as its new director-general (DG). Isichei takes over from Chukwuka Monye. Similarly, Isioma Udeozo has been appointed deputy director-general (DDG)
