Business
BoI to tackle youth unemployment with tech hubs
Bank of Industry By Cynthia Alo Worried about the high level of youth unemployment currently at 33.3 per cent, the Bank of Industry (BoI) has announced plans to establish
Polaris Bank records N28.9bn gross profit in 2020
By Babajide Komolafe Polaris Bank Limited has recorded Profit Before Tax (PBT) of N28.9 billion in its financial year ended December 2020. This represents a four percent growth when compared
Naira4Dollar scheme may have boosted foreign exchange inflow
…But forex dealers list some challenges By Emeka Anaeto, Business Editor There are indications that the Central Bank of Nigeria’s Naira4Dollar scheme may have gained traction as authorized dealers hinted
Transcorp makes new appointments to its board, announces new subsidiary Chief Executive Officers
Famuyibo and Sambo Become Independent Non-Executive Directors Ozoude is MD/CEO of Tran-Afam Power Ltd; and Ikenga is MD/CEO, Transcorp Energy Ltd. The Board of Transnational Corporation of Nigeria Plc (Transcorp),
Analysts bullish on equities outlook
STOCK Banking stocks jolt market back to life By Nkiruka Nnorom The equities market has been jolted back to life after over two months of depressed trading and bearish
Companies beat COVID-19 impact, post N11.47trn revenue in 2020
Nigerian Stock Exchange lPre-tax profit up 32.4% lHealth, insurance, agric sectors more resilient lOil & gas, transport/aviation, real estate worst hit By Nkiruka Nnorom Leading companies in the
CASH SQUEEZE: Options before states
By Tunde Oso The combination of global low crude oil prices and weak global demand, caused partly by the Coronavirus pandemic COVID -19, is hitting Nigeria hard. Although the oil
Polaris Bank records N28.9bn in 2020
By Babajide Komolafe Polaris Bank Limited has recorded Profit Before Tax (PBT) of N28.9 billion in its financial year ended December 2020. This represents four percent growth when compared with
For China’s Property Developers, Hong Kong is Becoming Shenzhen’s Backyard
Chinese property developers have turned their sights to Hong Kong’s border districts as mainlanders from neighbouring boomtown Shenzhen consider parts of the former British colony as a more affordable long-term
Transcorp Makes New Board Appointments, Unveils New Subsidiary CEOs
The Board of Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s largest listed conglomerate and a leading investor in the energy sector, has announced the appointment of Mr. Victor Famuyibo and
