Seplat Energy’s Q1 revenue hits 37%
Seplat Energy Plc’s first-quarter revenue increased by 36.9 per cent to N152 billion from N100.6 billion, while its gross profit for the…
Business
Kwara rice farmers commends Gov AbdulRazaq’s irrigation empowerment
The farmers who are beneficiaries of the Kwara State Government Agricultural Inputs and Irrigation Equipment Empowerment Scheme have commended Governor AbdulRahman AbdulRazaq…
FG expresses concern over expatriate quota policy abuse
The Federal Government has expressed concerns over the ongoing abuse of the expatriate quota policy by both local and foreign companies. According…
FG to pause fuel subsidy removal
The National Economic Council announced in Abuja on Thursday that it has reached an agreement not to remove the petrol subsidy planned…
Mastercard profit falls as expenses increase
The multinational financial service provider, Mastercard experienced a decline in profit during the first quarter due to increased personnel costs, despite a…
NGX Group becomes first to bag EDGE certification
By Christian George The Nigerian Exchange Group Plc, better known as NGX has reportedly bagged Economic Dividends for Gender Equality…
FG reaffirms commitment to rubber tyre industry
By Christian George The Federal Government has restated its commitment to revive the rubber industry in Nigeria. This was made known…
Samsung electronics’ profit hits lowest in 14 years
The global electronic giant, Samsung recorded its lowest quarterly profits in 14 years, citing slow consumer spending on electronics and an oversupply…
NAHCO pre-tax profit rose by 315% in one year
Nigerian Aviation Handling Company Plc has announced that its pre-tax profit increased by 315.1 per cent in 2022 due to strong sales…
Naira scarcity crippled Nigeria economy – UN
The United Nations has revealed that the Nigerian economy has been crippled by the shortage of naira in recent times especially the…
Nigerian institute invests in renewable energy training
The National Power Training Institute of Nigeria has announced that it has made investments in the renewable energy sector by providing extensive…
$22bn investment will transform free trade zones in Delta, others – NEPZA
Nigeria Export Processing Zone Authority has stated that an investment of approximately $22 billion is required in Delta State and other states…