Business
Private sector records 2.9 % growth in April PMI
By Peter Egwuatu Nigerian private sector expanded by 2.9 percent in April, 2021 underpinned by further growth in output and new orders, according to Purchasing Manufacturing Index, PMI released by
Peloton Reverses Course, Decides to Recall Treadmills after Injuries, Death
Peloton announced a recall of its treadmills on Wednesday, reversing course just weeks after saying there was “no reason” to stop using the exercise machines despite reports of multiple injuries
Ardova Plc records 108.1% growth in PBT to N1.2bn in Q1
By Nkiruka Nnorom Ardova Plc (AP) has reported a 108.1 percent growth in Profit Before Tax (PBT) to N1.2 billion for the first quarter (Q1) ended March 31, 2021, from
Grobank formally becomes Access Bank South Africa
Access Bank Following the completion of all regulatory procedures, Grobank Limited has been officially renamed Access Bank South Africa Limited. The deal was finalized after Access Bank’s acquisition of controlling shares
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
Manufacturers urged to make use of SON’s labs
By Jimoh Babatunde Manufacturers in Nigeria have been urged to make use of test laboratories of the Standards Organisation of Nigeria (SON) for testing, analysing and certifications of essential products in
$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
NIMASA to partner navy on professionalism
The Nigerian Maritime Administration and Safety Agency (NIMASA) has disclosed that it would assist in the accreditation of professional courses offered by the Nigerian Navy. The post NIMASA to partner
