FCMB Boosts Profit by 56% to N32.6 Billion
FCMB Boosts Profit by 56% to N32.6 Billion It is a good start to the year as FCMB Group Plc bolstered its earnings performance in the financial year 2022 despite…
Jaiz Bank Grows Profit by 42% in 2022
Jaiz Bank Grows Profit by 42% in 2022 Nigeria’s premier Islamic lender, Jaiz Bank Plc, grew its distributable profit by 41.56% in the financial year 2022 amidst a tough economic…
FG Inaugurates Additional Passport Office in Lagos
FG Inaugurates Additional Passport Office in Lagos The Federal Government on Monday inaugurated another Passport office in Alimosho, Lagos, as part of its strategy to make passport administration seamless for…
No Basis for Current Fuel Scarcity, Says PENGASSAN
No Basis for Current Fuel Scarcity, Says PENGASSAN The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has said that there was no basis for the current scarcity…
Naira Challenges Raise Possibility of Materials Devaluation – Report
Naira Challenges Raise Possibility of Materials Devaluation – Report The Nigerian naira remains under pressure, raising the possibility of a material devaluation following the presidential election in February 2023, Fitch…
NGX Pops as Investors Take Position in Zenith, Airtel, Geregu
NGX Pops as Investors Take Position in Zenith, Airtel, Geregu The equities segment of the Nigerian Exchange pops on Monday as investors take positions in mid and large-cap companies amidst…
IMF Reaches $74.6m Staff-level Agreement with Cameroon
IMF Reaches $74.6m Staff-level Agreement with Cameroon The International Monetary Fund and Cameroon have reached a staff-level agreement that will give the country access to around $74.6 million once the…
UBA Names Abiola Bawuah First Female Chief Executive
UBA Names Abiola Bawuah First Female Chief Executive The Board of Directors of the United Bank for Africa Plc (UBA) has appointed Mrs Abiola Bawuah as the Chief Executive Officer…
World Bank Commits $200m to Vocational Education in Nigeria
World Bank Commits $200m to Vocational Education in Nigeria World Bank’s Senior Education Specialist in Nigeria, Mr Tunde Adekola, says the bank has committed 200 million dollars to the advancement…
Ghana Hikes Prime Interest Rate to 28%
Ghana Hikes Prime Interest Rate to 28% Bank of Ghana on Monday raised its prime interest rate by 100 basis points to 28% amidst the ongoing economic crisis triggered by…