Jaiz Bank records 69% annual profit, N33bn revenue
Jaiz Bank reported a 68.5 percent increase in net profit for 2022 as revenue surpasses N33 billion in its audited financial report on Friday. According to Premium Times, an increase…
Gas infrastructure can transport 6.9bn bcf for power, industries – NNPCL
The Nigerian National Petroleum Company Limited has said that the country's gas infrastructure network can transport up to 6.9 billion standard cubic feet of gas, which can support power generation…
NIPC CEO Saratu Umar fired months after appointment
The Executive Secretary/Chief Executive Officer of the Nigeria Investment Promotion Commission, Hajiya Saratu Umar, has been fired effective immediately in less than a year after appointment. According to Nairametrics, this information…
Tesla cut EVs prices fifth time in 2023
Tesla's website revealed on Thursday that the Electric Vehicles giant has reduced prices on its vehicles in the United States by between 2% and nearly 6% which makes it the…
Buhari dismisses Saratu Umar as NIPC boss
Wilson Adekumola The President, Major General Muhammadu Buhari (retd.), has terminated the appointment of Hajiya Saratu Umar as the Executive Secretary/Chief Executive Officer of the Nigeria Investment Promotion Commission,…
Easter: FAAN denies marketers access to fuel aeroplanes, says report
The Federal Airports Authority of Nigeria is reportedly denying access to aviation fuel marketers at Nnamdi Azikiwe Airport in Abuja which may likely cause a disruption in some Nigerian's Easter…
Airtel launches Women Network to deepen gender equality
Kazeem Owoseni In its quest to encourage and deepen gender equality in Africa, the telecommunication network, Airtel Nigeria has launched Women’s network. Women Network is a platform created…
TETFund urges FG to increase education tax
The Federal Government has been urged by the Tertiary Education Trust Fund to raise the education tax from its current level of 2.5% to 3%. According to Nairametrics, on announcing…
Ford launches electric Courier van in Europe
Ford Motor Co has launched a new electric Courier van for European business customers in an attempt to compete with electric van startups such as Arrival SA. According to Ford,…
How Airtel Africa investors lost N556bn in one day
Airtel Africa Plc, one of the largest telecoms companies listed on the Nigerian Exchange Group Plc, suffered a loss of around N556 billion at the end of Wednesday's trading session…
Apple unveils first store in India
Apple has on Wednesday unveiled the look of its first retail store in India, with people gathering outside to catch a glimpse of its black and yellow artwork. According to…
Ford to simplify products starting 2024
Ford has announced plans to simplify its product lineup starting in the 2024 model year, which means they will likely produce fewer variations of the same model. The announcement was…
