Campus
3 days ago
Guinness Nigeria Plc has announced its unaudited financial results for the six months ended 31 December 2024, showcasing impressive resilience and strategic growth in a challenging macroeconomic environment. The company reported an 82.2% revenue increase, growing from ₦142.60 billion in H1’24 to ₦259.60 billion in H1’25. This performance underscores the effectiveness of its revenue generation…
17 Jan
First Bank of Nigeria Limited has urged the Federal High Court, Lagos to uphold an order freezing the assets and accounts of General Hydrocarbons Limited (GHL) and its related entities, pending the outcome of a substantive suit aimed at recovering a loan of $225.8 million extended to the oil company. The bank made…
16 Jan
The Central Bank of Nigeria (CBN) has introduced two new digital solutions aimed at improving efficiency and modernising operations: the Document Flow (DocFlow) System and the Ministries, Departments, and Agencies (MDAs) Naira Payment Solution. Unveiled on Wednesday at the bank’s headquarters in Abuja, these tools are part of the “Digital First” initiative launched in December…
Latest
2 mins ago
The recent executive order by President Donald Trump halting foreign aid for 90 days, and the likelihood of a longer pause in the foreign assistance, may cost Nigeria an average of $1 billion in health and other humanitarian interventions yearly if sustained.
6 mins ago
Former presidential candidate of the Labour Party, Peter Obi, has distanced himself from any coalition efforts aimed at unseating President Bola Tinubu and the ruling All Progressives Congress (APC) in 2027
7 mins ago
Five years to the terminal date of the Sustainable Development Goals (SDGs), Rivers State, like many others, is lacking significant indicators of the existence of the 30-year United Nations programme, ANN GODWIN reports.
13 mins ago
Recognising the vital role of the telecoms sector in economic growth, the Presidency, yesterday, backed the 50 per cent tariff hike approved for telecommunications operators by the Nigerian Communications Commission (NCC).
15 mins ago
Amid escalating trade tensions, the Director-General (DG) of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, has called for dialogue and calm to prevent a damaging trade war.
16 mins ago
The National Bureau of Statistics (NBS) has explained that the plan to rebase the country’s gross domestic product (GDP) and the consumer prices index (CPI) is not to satisfy any interest but to ensure that economic indicators accurately reflect the evolving structure of the economy.
16 mins ago
Following Sunday’s announcement by former governor of Osun State, Rauf Aregbesola and his group, Omoluabi Progressives, to quit the All Progressives Congress (APC), the state chapter of the party has welcomed the move, describing the development as a good riddance to bad rubbish.
17 mins ago
The mixed reactions that have trailed the appointment of French-Malian, Eric Sekou Chelle, as the manager of the Nigerian national football team, the Super Eagles, are symptomatic of the profound interest of Nigerians in the fortune of the team
17 mins ago
President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Festus Osifo, in an interview, spoke on the state of refineries and divestments as they impact workers as well as the union’s stance on the tax reform bills currently pending before the National Assembly.
17 mins ago
Barring any last-minute change of plan, the city of Abuja will, today, play host to student leaders, who are converging at the Head Office of the Nigerian Communications Commission (NCC) to engage in a high-level dialogue with the telecoms regulator on the recently announced 50 per cent tariff hike.