The newly appointed Executive Secretary of Pension Transitional Arrangement Directorate, Dr. Chioma Ejikeme, has assumed duty after official handover made by the immediate past Executive Secretary and Minister of State for Environment, Sharon Ikeazor. A statement from PTAD said the handover was done in the presence of the management and staff of the directorate at […]

 Africa’s leading financial institution, United Bank for Africa Plc has announced its audited half year financial results for the period ended June 2019, showing impressive growth across key performance indices as well as a significant contribution from its African subsidiaries. In spite of the increasingly unpredictable environment witnessed in some of its countries of operations, […]

Japan and the African Development Bank have announced a joint target of $3.5bn under the Enhanced Private Sector Assistance for Africa initiative. Both Japan and the AfDB have set a target of $1.75bn each, from 2020-2022, to enhance the fourth phase of EPSA to spur private-sector-led sustainable and inclusive growth in Africa. The announcement was […]

Daar Communications Plc said it grew its revenue from N3.71bn in 2017 to N4.63bn in the 2018 financial period. The Chairman, Daar Communications Plc, Raymond Dokpesi (Jnr), said this at the company’s Annual General Meeting held on Friday in Abuja. He told the shareholders that the gross earnings of N4.63bn in the 2018 financial period […]

Investors in the nation’s stock market have lost a total of N1.52tn in eight months, as the total market capitalisation of equities listed on the Nigerian Stock Exchange dropped from N11.721tn at the beginning of the year to N10.200tn at the end of August. The market capitalisation of equities (not including the market value of […]

The Central Bank of Nigeria on Sunday said that customers of banks would not be charged any fee for returning mutilated naira notes after the September 2 deadline. The CBN Director, Corporate Communications Department, Mr Isaac Okorafor, said this during a telephone interview with our correspondent. He said the June to September window given by […]

Japan and the African Development Bank has announced a joint target of $3.5 billion under the Enhanced Private Sector Assistance for Africa initiative (EPSA4). Japan’s State Minister of Finance, Mr. Keisuke Suzuki made this known during the 7th Tokyo International Conference on African Development (TICAD 7) held in Yokohama. He said both Japan and the […]

In continuation of its routine surveillance, the Department of Petroleum Resources (DPR), Warri Zonal Office, says it has sealed another two petrol stations and a cooking gas shop in Delta state. They were sanctioned on Friday in Patani, the Administrative Headquarters of Patani Local Government Area of the state. Mr Dennis Agbateminigin, DPR, Gas Division, […]