Stanbic Holdings announces 38% Q3 2022 profit
Stanbic IBTC Holdings Plc, has announced a 38 per cent growth in profit after tax in its third quarter period which ended September 30, 2022, which is significantly better than…
Jumia Nigeria’s Black Friday kicks off Nov 4
The 2022 edition of Jumia's 'Black Friday' sales tagged ‘Beat Sapa’ kicked off today November 4, and will run till November 27. The Company has urged consumers to leverage…
Court extends Oando’s minority share acquisition deadline
Oando Plc has been granted a 90-day court-ordered extension to create and file the Scheme of Arrangement Document for the acquisition of shareholders' minority shareholding. This was contained in a…
CBN’s plan to redesign naira purely political- Obaseki
Edo State Governor, Godwin Obaseki, has criticized the plan to redesign naira notes, asserting that it is solely a political initiative without any economic justification. He made the statement while…
Bird strike incidents imminent, NIMET warns airlines, travellers
The Nigerian Meteorological Agency has warned of possible bird strike incidents, flight delays, and cancellations as the dry season begins in most parts of the country. In a newsletter…
FG owes road contractors over N11tn – Fashola
The Minister of Works and Housing, Babatunde Fashola (SAN) on Tuesday revealed that the federal government is owing contractors about N11.16tn for the construction of various highways across the country…
ECOWAS targets 70% sustainable energy by 2030
The Economic Community of West African States member states will have access to sustainable energy, the ECOWAS Centre for Renewable and Energy Efficiency has said. This was disclosed on Tuesday…
Dangote refinery’ll account for half of Africa’s oil – OPEC
The capacity of the Dangote Refinery, according to the Organization of Petroleum Exporting Countries, will account for more than half of Africa's expected distillation additions in the medium term. This…
NPA commissions first export processing terminal in Lagos
The Managing Drector of the Nigerian Ports Authority, Mohammed Bello-Koko, commissioned the first Export Processing Terminal in Lagos on Tuesday to facilitate export-bound cargo access to the Lagos Seaports –…
Air Transport Services union suspends strike
The Air Transport Services Senior Staff Association of Nigeria has called off its industrial action over Bi-Courtney Aviation Services Limited's sacking of its staff. It would be recalled that the…
Conoil records N90bn revenue in nine months
Petroleum products marketing firm, Conoil Plc has reported a profit of N90.29 billion in the first 9 months of 2022. According to Nairametrics, before taxes, the company made N2.9 billion…
Aviation workers protest disengagement at Lagos airport
Members of the Air Transport Services Senior Staff Association of Nigeria on Tuesday protested against the unprovoked termination” of the appointment of 34 aviation workers by the operators of the…
