Business
Oando’s shareholder wins court case against SEC
A shareholder of Oando Plc, Engr. Patrick Ajudua, has won a case challenging the directive of the Securities and Exchange Commission, SEC suspending Oando’s Annual General Meeting (AGM) on the
Zenith Bank’s PBT rises 5% to N255.9bn
Zenith Bank Plc has announced an impressive result for the year ended December 31, 2020, with Profit Before Tax (PBT) rising by five per cent to N255.9 billion from N243.3
Metro fibre networks account for 25% of sector’s infrastructure
Metro fibre concentrations networks in Nigeria account for less than 25 per cent of the total fibre distances in the country, a report has revealed. The post Metro fibre networks
‘Infrastructure, forex undermining real sector interventions’
Improvement in local manufacturers’ confidence in the economy as well as sectoral recovery, remains challenged by parlous state of infrastructure and poor implementation The post ‘Infrastructure, forex undermining real sector
Senate says deregulation inevitable, reiterates plans to pass PIB by Q1
As the dilemma on fuel pricing and subsidy lingers, the National Assembly has stated that full deregulation of the oil and gas industry is inevitable going by events… The post
Zenith Bank posts N696.5b gross earnings in 2020
Amidst a harsh operating environment, Zenith Bank Plc has announced gross earnings of N696.5 billion in its 2020 operations, against N662.3 billion posted in the corresponding period of 2019. The
SEC to develop comprehensive framework for Crypto asset regulation
The Securities and Exchange Commission (SEC) has announced plans to develop a comprehensive regulatory framework that would enable operators in the crypto… The post SEC to develop comprehensive framework for
Customs begins implementation of new vehicle import duties
The Nigeria Customs Service (NCS) has commenced the implementation of the Federal Government’s reduction in import duties for vehicles. The post Customs begins implementation of new vehicle import duties appeared
Terminal operator acquires four new cranes in Apapa port
The acquisition of four new Rubber Tyred Ganrty (RTG) cranes by APM Terminals Apapa has been described as a feat to boost shipping operations in the country’s biggest port. The
