FBNH Profit Spikes as Fair Value Gain Boosts Bottom Line
FBNH Profit Spikes as Fair Value Gain Boosts Bottom Line FBN Holdings profit for the first half of the financial year 2023 spiked more than 231% to N187.237 billion as…
NGX Rises by N94.5bn as Earnings Results Begin to Flow
NGX Rises by N94.5bn as Earnings Results Begin to Flow The market capitalisation of the equities segment of the Nigerian Exchange (NGX) inched higher by about N95 billion Thursday, reversing…
Cash Transfer: NEC Asks States to Launch Social Register
Cash Transfer: NEC Asks States to Launch Social Register The National Economic Council (NEC) has directed that states develop a comprehensive Social Register for vulnerable people, the target beneficiaries of…
FG Approves Infrastructure Support Fund for States
FG Approves Infrastructure Support Fund for States President Bola Tinubu has approved the establishment of an Infrastructure Support Fund (ISF) for states as part of measures to cushion the effects…
NNPC, UTM Offshore Sign Deal to Crash Cost of Cooking Gas
NNPC, UTM Offshore Sign Deal to Crash Cost of Cooking Gas The Nigerian National Petroleum Company (NNPC) Ltd. and UTM Offshore Ltd. on Thursday signed the Heads of Terms Agreement…
Naira Gains 3.22%, CBN Sells FX at I&E Window
Naira Gains 3.22%, CBN Sells FX at I&E Window Nigerian naira strengthened against the United States (US) dollar’s dominance at the investors’ and exporters foreign exchange window. The local currency…
FG, States, LGCs Share N907bn in June -FAAC
FG, States, LGCs Share N907bn in June -FAAC The Federation Account Allocation Committee (FAAC) has shared N907.05 billion June Federation Account revenue to the Federal Government, states and Local Government…
AfDB Plans Budget Support for Zambia After $6.3bn Debt Restructuring
AfDB Plans Budget Support for Zambia After $6.3bn Debt Restructuring African Development Bank Group (AfDB) has pledged about $150 million budget support for Zambia after successful completion of the country’s…
Circular Economy: Lagos to Enhance Investment Opportunities
Circular Economy: Lagos to Enhance Investment Opportunities The Lagos State Government says it will ensure that the state remains innovative, thereby, creating investment opportunities. Mr Omobolaji Gaji, the Permanent Secretary,Office…
Ibadan Disco Unveils iRecharge to Ease Electricity Payment
Ibadan Disco Unveils iRecharge to Ease Electricity Payment The Ibadan Electricity Distribution Company (IBEDC) in partnership with iRecharge Tech-Innovations has unveiled a payment platform, called i-Recharge to ease payment of…