UBA Declares N2 Interim Dividend, N1.37tri Earnings In H1 ’24

UBA Declares N2 Interim Dividend, N1.37tri Earnings In H1 ’24

For the half year ended June 30, 2024, United Bank for Africa (UBA) has grown its earnings by 40 per cent to N1.37 trillion and declared an interim dividend of N2.00 per share. The audited financials released to the Nigerian Exchange Limited...
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NDLEA Arrests Autoparts Dealer 

NDLEA Arrests Autoparts Dealer 

National Drug Law Enforcement Agency (NDLEA) has arrested a Lagos-based auto parts dealer, Ejiofor Chiwuzie, for attempting to export consignments of heroin and cannabis hidden inside LED rechargeable lamps and the metal legs of sofas.  According to ...
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FG Hands Over 64 CNG Buses To Labour, NANS

FG Hands Over 64 CNG Buses To Labour, NANS

The Federal Government has handed over 64 100-capacity Compressed Natural Gas (CNG) buses to the Organised Labour and the National Association of Nigerian Students (NANS). The Coordinating Minister of the Economy and Minister of Finance, Wale Edun, led the gov...
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LNG: TotalEnergies, Largest U.S. Exporter, Expand Production

LNG: TotalEnergies, Largest U.S. Exporter, Expand Production

With over 10 million tons (Mt) exported in 2023, TotalEnergies is the largest exporter of U.S. LNG, thanks to its 16.6% stake in the Cameron LNG plant in Louisiana and several long-term purchasing agreements.  Meanwhile, TotalEnergies has signed an agreem...
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At FICAN Conference, NDIC, Others Harp On Collaboration Towards Nigeria’s $1trn Economy

At FICAN Conference, NDIC, Others Harp On Collaboration Towards Nigeria’s $1trn Economy

For Nigeria to achieve the $1trillion Gross Domestic Product (GDP) by 2026, the Nigeria Deposit Insurance Corporation (NDIC), among other stakeholders, have emphasized on the need for banks and Fintech companies to collaborate and drive the real sector growth....
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EFCC Arrests Ishaku Over Alleged N27b Fraud

EFCC Arrests Ishaku Over Alleged N27b Fraud

The Economic and Financial Crimes Commission (EFCC) has arrested and detained a former Taraba State Governor, Darius Ishaku, for alleged involvement in a N27 billion fraud. The former governor will face trial on 15 counts, including criminal breach of trust,.....
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Alleged ₦3.1bn Fraud: I Delivered $15.8m Cash To Suswam In His Residence, Says Witness

Alleged ₦3.1bn Fraud: I Delivered $15.8m Cash To Suswam In His Residence, Says Witness

Abubakar Umar, the Sixth Prosecution Witness in the trial of former governor of Benue State, Gabriel Suswam has narrated before the Federal High Court, Maitama, Abuja presided over by Justice Peter Lifu, how in 2014, he converted the sum of...
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Photo News

Photo News

L-R: Edo State Governor-Elect, Senator Monday Okpebholo with Governor of Lagos State, Mr. Babajide Sanwo-Olu during a thank you visit by the governor-elect at the Lagos House, Marina, on Saturday, 28 September 2024.
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FG Rolls Out 2,000 CNG Powered Tricycles

FG Rolls Out 2,000 CNG Powered Tricycles

The Ministry of Youth Development has unveiled plans to launch the first phase of a project to distribute 2,000 Compressed Natural Gas (CNG)-powered tricycles to young Nigerians on October 1, 2024. Briefing Journalists on Friday, Minister of State for Youth...
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Tinubu Appoints Seven Executive Directors For NTA

Tinubu Appoints Seven Executive Directors For NTA

President Bola Ahmed Tinubu has appointed seven executive directors for the Nigerian Television Authority (NTA). According to a statement issued on Friday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, the appointees are: Ay...
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Lagos Seals Orchid Shopping Centre

Lagos Seals Orchid Shopping Centre

The Lagos State Wastewater Management Office (LSWMO) has sealed off Orchid Shopping Center’s premises located along Orchid Road, Eti-Osa. A  statement shared on X.com on Friday by the state Commissioner for the Environment and Water Resources, Tokunbo Waha...
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NDIC: Why We Have Not Paid Some Depositors Of Heritage Bank

NDIC: Why We Have Not Paid Some Depositors Of Heritage Bank

The Managing Director, Nigeria Deposit Insurance Corporation, NDIC, Mr. Bello Hassan, has disclosed that some of the Insured Depositors of the defunct Heritage Bank are yet to be paid due to failure to provide necessary information of alternative bank acc...
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NDDC Trains 200 Women, Youth Farmers

NDDC Trains 200 Women, Youth Farmers

The Niger Delta Development Commission, NDDC, has concluded the training of 200 women and youths in Livestock Farming and Agro-Processing at the Okiemutie Farms in Eku  Amukpe, Sapele Local Government Area of Delta State. Speaking during the closing cerem...
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Niger Delta Chamber Of Commerce Takes Off with Sensitisation

Niger Delta Chamber Of Commerce Takes Off with Sensitisation

The Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture, NDDCITMA, a platform to enhance the growth of entrepreneurs in the Niger Delta region, has been formally flagged off by the Managing Director of the Niger Delta Development Comm...
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