FG Approves N580.5m For Armoured Vehicles To Fight Drug War

FG Approves N580.5m For Armoured Vehicles To Fight Drug War

The Federal Executive Council (FEC)has approved N580.5 million for the procurement of four armoured vehicles to fight dangerous and illicit drugs by the National Drug Law Enforcement Agency (NDLEA).  Minister of Justice and Attorney General of the Federation, Abubakar Malami...
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Chams, Ardova, Top Gainers‘ Table As NGX Rebounds With N14b 

Chams, Ardova, Top Gainers‘ Table As NGX Rebounds With N14b 

The Nigerian Exchange (NGX) on Wednesday gained N14 billion as market capitalisation closed at N26.531 trillion from N26.517 trillion recorded on Tuesday.  Also, the All Share Index (ASI) increased marginally by 10.25 basis points or 0.02 per cent gain to...
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Germany, UAE Reinforce Energy Partnership

Germany, UAE Reinforce Energy Partnership

Germany and the United Arab Emirates (UAE) have entered into a new Energy Security and Industry Accelerator (ESIA) Agreement that will accelerate projects of joint interest between the two countries in energy security, decarbonisation and climate action. ...
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Lagos Disburses N1.56b As Grants To 3,673 Businesses

Lagos Disburses N1.56b As Grants To 3,673 Businesses

Lagos State Government through the state Employment Trust Fund has supported 3,673 businesses with the sum of N1.56 billion as grants.  Gov. Babajide Sanwo-Olu of Lagos State made this known at the Lagos Chamber of Commerce and Industry (LCCI)/Lagos Economic....
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Ardova Explains N192.47b Revenue, N20.91b Shareholders’ Funds For 2021

Ardova Explains N192.47b Revenue, N20.91b Shareholders’ Funds For 2021

By Moses Ebosele, ebosele@hotmail.com   — For the 2021 financial year, Ardova Plc attained a gross revenue of N192.47 billion, representing a 5.95  per cent increase from the 2020 revenue of N181.66 billion, whilst the group revenue closed a...
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Union Bank Partners WACOT Rice On Financial Inclusion For Smallholder Farmers In Kebbi

Union Bank Partners WACOT Rice On Financial Inclusion For Smallholder Farmers In Kebbi

As part of Union Bank’s commitment to driving financial inclusion in Nigeria, the Bank has partnered with WACOT Rice Limited – a rice processing company, to financially include 6,000 local farmers including youth and women in Kebbi State.  The Keb...
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Sterling Positions For Expansion With New Structure 

Sterling Positions For Expansion With New Structure 

With the unanimous support received from its shareholders, Sterling Bank, soon to be known as Sterling Financial Holdings Company, is firmly positioned to expand its financial services footprint from traditional banking and deliver more value to its shareholde...
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Fidelity Bank, SMEDAN, Seal SMEs MoU

Fidelity Bank, SMEDAN, Seal SMEs MoU

In what has been termed a major move to bridge the gap in helping small businesses access much-needed funding and capacity development initiatives, Fidelity Bank Plc has announced a strategic partnership with the Small and Medium Enterprises Development Agency...
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SON Impounds Substandard, Adulterated Wines In Ebonyi

SON Impounds Substandard, Adulterated Wines In Ebonyi

The Standards Organisation of Nigeria (SON) has impounded substandard and adulterated alcoholic and non-alcoholic wines within the Abakaliki metropolis in Ebonyi State.  A statement issued on Monday by the Head of Public Relations, SON South-East Regional...
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Stock Market Rebounds By N87b

Stock Market Rebounds By N87b

The Nigerian Exchange (NGX) was upbeat on Monday as market capitalisation increased by N87 billion or 0.33 per cent to close at N26.532 trillion from N26.445 trillion recorded on Friday.  Also, the All-Share Index (ASI) increased by 162.70 basis points,.....
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Delta, Lagos, NIMASA, Chevron,  Access Bank, Unity Bank, Support GOCOP Confab

Delta, Lagos, NIMASA, Chevron,  Access Bank, Unity Bank, Support GOCOP Confab

The momentum has continued to rise for the sixth annual conference of the Guild of Corporate Online Publishers (GOCOP) as more corporate partners emerge for the event scheduled for Thursday, October 6, at Sheraton Hotel, Ikeja-Lagos. The chairman, 2022 Confere...
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CMA CGM Orders Biogas-Powered Containership Fleet

CMA CGM Orders Biogas-Powered Containership Fleet

French container shipping and logistics major CMA CGM has ordered seven containerships powered by biogas that will serve the French West Indies. The order was unveiled by Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, during ...
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FG, States, LGCs Share N673.137b For August

FG, States, LGCs Share N673.137b For August

The Federation Account Allocation Committee (FAAC), has shared N673.137 billion with the three tiers of government as federation allocation for August.  This is contained in a statement issued by Mr Phil Abiamuwe-Mowete, the Director (Information/Press) o...
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Stock Market Loses N13b In Bearish Trading

Stock Market Loses N13b In Bearish Trading

Trading on the nation’s bourse again ended negative on Wednesday as market capitalisation lost N13 billion or 0.05 per cent to close at N26.657 trillion against N26.670 trillion on Tuesday.  Also, the All-Share Index lost 23.40 points or 0.05 per...
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