Despite the backdrop of the positive growth reported for the Nigerian economy in the second quarter 2021 amidst the adverse effect of the COVID-19 pandemic and the drop in Nigeria oil production, a few numbers of commercial banks have recorded impressive growth in their revenues.
Findings from the financial results of five leading banks listed on the Nigerian Exchange Limited (NGX) show that the combined gross earnings grew marginally.
Student-led protests have erupted across several Iranian cities, with demonstrators chanting “Death to Khamenei” and other anti-government slogans, as U.S. President Donald
President of the Dangote Group, Aliko Dangote, has announced plans to open up ownership of the $20 billion Dangote Petroleum Refinery to Nigerians within the next four to five months, in a move that could broaden public participation in one of Africa’s
The Group Chief Executive Officer of NNPC Limited, Bashir Bayo Ojulari, has reaffirmed the national oil company’s commitment to strengthening its operational and commercial relationship with the Dangote Refinery following a high-level visit to the facility in Ibeju-Lekki, Lagos State. Ojulari led
The Nigeria Labour Congress (NLC) has opposed plans by the federal government to grant a ₦3 trillion bailout to privately owned electricity generation companies, arguing that the move will not resolve the country’s power supply challenges. In a statement signed by its
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has mounted strong opposition to President Tinubu’s executive directive altering the remittance structure of oil and gas revenues, cautioning that the move could disrupt the financial stability of the Nigerian National
Millions of Nigerians struggling with unreliable electricity and limited job opportunities could see some relief after fresh talks between President Bola Tinubu and Germany’s Chancellor Friedrich Merz. In a brief phone call on Wednesday, the two leaders discussed closer cooperation on power,
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