April 22
Nigeria: Pia - 9 Communities in S/South Not Benefiting From Dev't Fund
The Accountability Lab (AL) Nigeria has stated that nine communities in Delta, Akwa Ibom and Rivers states need more attention regarding the implementation of the Petroleum… Read more »
Nigeria: Alebiosu Takes Over As Acting CEO of First Bank
The Board of Directors of First Bank has announced Segun Alebiosu, Executive Director and Chief Risk Officer of First Bank, as the acting Managing Director and Chief Executive of… Read more »
Nigeria: Transcorp Hotel Records N41.4bn Revenue in 2023
Transcorp Hotel Plc has announced a 36.2 per cent rise in its revenue in 2023. Read more »
Nigeria: ISDB Organizes 18th Global Forum On Islamic Finance
The Islamic Development Bank (IsDB) Institute announced the 18th edition of the IsDB Global Forum on Islamic Finance to be held in Riyadh, Kingdom of Saudi Arabia, on 28 April… Read more »
Nigeria: New Nin Card Project a New Dark Hole
Many Nigerians sneered with skepticism at the government's so-called fresh and invigorated effort to issue them with new national identification cards as announced by the National… Read more »
Nigeria: Despite Increased Derivation Fund, Oil Producing States Owe N1.6trn
The nine major oil producing states of Delta, Akwa Ibom, Rivers, Bayelsa, Edo, Ondo, Imo, Abia and Anambra are owing N1.56 trillion, Daily Trust's investigation has shown. Read more »
Nigeria: '24m Family Businesses Contribute $200bn to National Economy'
Only 30 per cent of family businesses survive beyond their first generation, the Dean of the Lagos Business School, Professor Chris Ogbechie, has disclosed. Read more »
Nigeria: Transcorp Power Recorded 775 Percent Profit in Q1
Transcorp Power Plc (Transcorp Power) has announced a 775 per cent Profit Before Tax (PBT) in the first quarter of 2024 with profit rising from N3.29 billion in Q1 2024 to N28.77… Read more »
Nigeria: Meet New SEC DG, Agama
President Bola Tinubu recently announced the appointment of Emomotimi Agama as the director general of the Securities and Exchange Commission (SEC). Read more »
Nigeria: Women and Artificial Intelligence - Breaking the Glass Ceiling
In a recent article published in Daily Trust, penned by Dr Zaynab Ango, on April 8, 2024, titled 'Northern Nigeria: Let's stop killing women's dreams and future', a poignant call… Read more »
Nigeria: Retirement Planning - Investment Options (III)
Today we will take up a few 'passive' investment options. Read more »
Nigeria: Wema Bank Earmarks N70m for Hackaholics Contest
Wema Bank yesterday unveiled the 5th edition of its flagship youth and startup-focused tech competition, Hackaholics 5.0, with no fewer than 15,000 applicants being targeted. Read more »
Nigeria: FG to Get Fresh $2.2bn World Bank Loan - Edun
The federal government is expecting a fresh $2.2 billion single-digit interest loan from the World Bank and another budget support facility from the African Development Bank… Read more »
Nigeria: Access Pensions Reaffirms Support to Pension-Backed Mortgages
Access Pensions has emphasised its commitment to offering thorough guidance and assistance to customers interested in Pension-Backed Mortgages (PBMs). Read more »
Nigeria: Kwara Residents Rejoice As Rice Price Crashes to N52,000
Many residents of Kwara state are expressing joy as a 50kg bag of rice now goes for between N52,000 and N54,000 from the N80,000 during the last Ramadan and N65,000 about a week… Read more »
Nigeria: Dana Air Conducts Free Health Screening for Passengers, Others
Dana Air, one of Nigeria's leading airlines, has announced two significant initiatives aimed at promoting health and wellness among its staff and customers and that it has… Read more »
April 21
Nigeria: FG, Investigate Oil Spill in Uzere
In 2023, there was an oil spill in Uzere, in Isoko South Local Government Area of Delta State, which spread into farmlands and fishing ponds of Uzere. Read more »
Nigeria: Claim 45 Percent of Kaduna State's Debt Borrowed Before El-Rufai's Administration Inaccurate
Claim: An X user claimed that 45 per cent of Kaduna State's debt was borrowed before Governor Nasir El-Rufai was elected in 2015. Read more »
Nigeria: A Call On Wholesalers to Reduce Prices of Commodities
Prices of commodities are supposed to be witnessing a slight if not significant change in prices owing to the fact that there is reduction in the price of diesel. We the general… Read more »
Nigeria: Gov Otu Plans More Rural Roads to Boost Agriculture
Governor Bassey Otu of Cross River State has disclosed that his government will open up many rural roads to enable rural farmers evacuate their farm yields to urban centres and… Read more »
Africa: Solar Irrigation Offering to Be Rolled Out Across Sub-Saharan Africa
InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has signed an agreement with Savant Group Ltd, committing US$12 million to scale SunCulture's solar… Read more »
April 19
Nigeria: Dangote Refinery Explores U.S. for Crude Shipment, Expecting Third Stock
The 650,000 barrels per day Dangote Petroleum Refinery has been able to ramp up production leveraging on cheaper crude imports from the United States, a report has said. Read more »
April 18
Nigeria: Boat Tragedy - Wake-Up Call for Safety, Accountability in Nollywood
A Nollywood crew including the actor, Junior Pope Odonwodo and a make-up artiste, died last week in a terrible, terrible accident when their boat capsized on the way to a film… Read more »
Nigeria: Tariff Increase to Worsen Economic Instability - Private Sector
Says Nigeria ranked third on highest electricity cost Read more »
Nigeria: Make Staff Housing Your Project, FCT Workers Beg Wike
Workers of the Federal Capital Territory (FCT), under the Joint Unions Action Committee (JUAC), have appealed to the FCT Minister, Nyesom Wike, to make staff housing one of his… Read more »