By Eyo Nsima The share price of FBN Holdings Plc dropped marginally Tuesday as many shareholders decided to sale in order to make brisk business following the emergence of Femi Otedola as the majority shareholder. Consequently, the share price fell by 1.20 percent to N12.40 per share from N12.55 the previous day, while volume traded […]
BREAKING: First Bank shares drop as Shareholders offload shares Read More »
By Eyo Nsima The Central Bank of Nigeria (CBN) has emerged with a new policy to support 100 targeted private sector companies in the next 100 days. Godwin Emefiele, CBN governor, disclosed this on Monday in Abuja during the launching of the eNaira project. Specifically, he said: “The 100 for 100 PPP – Policy on
CBN emerges with new policy to support 100 companies every 100 days Read More »
By Eyo Nsima Africa’s leading financial institution, United Bank for Africa (UBA) Plc, has announced its audited half year financial results for the half year ended June 30, 2021, showing impressive growth across all major income lines and performance indicators. The pan African financial institution delivered a 33.4 per cent appreciation in its profit before
H1’21: UBA Records 33% YoY Profit Growth, Declares 20k Per Share Interim Dividend Read More »
By Eyo Nsima The Department of Petroleum Resources, DPR, has finally collapsed its website, thus paving the way for replacement by the Nigerian Upstream Petroleum Regulatory Commission, NUPRC. .Details coming later
PIA: DPR, others collapse website, NUPRC takes over Read More »
One of the world’s largest producers of methanol, Proman has joined hands with shipping company Stena to develop retrofitting and supply solutions for the existing vessels to help them adapt to methanol as their fuel source, according to FleetMon. It stated: “Citing data the companies said that currently there are 70,000 vessels around the world
Stena join hands with Proman to develop methanol retrofit solutions Read More »
Ahead of the commencement of the 26th United Nations Climate Change Conference of the Parties (COP26) in Glasgow, Scotland next week, the GMD/CEO of NNPC Ltd, Mallam Mele Kyari has advocated for the consideration of what he calls “energy justice” in the implementation of energy transition. Discussions on countries transiting to less carbon-intensive energy sources have
Energy Transition: Kyari Advocates Justice For Africa Read More »
·Tasks media on national peace and unity ·Says emergency centres now 24 The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has said that the Commission’s Emergency Communications Centres (ECC) have become a rallying point for the promotion of the security of lives and property of citizens. He also
By Eyo Nsima The Nigerian Communications Commission (NCC) has alerted millions of Nigerian telecom consumers of the existence of new, high-risk and extremely-damaging, Malware called Flubot. A malware is a generic word used to describe a virus or software, designed specially to “disrupt, damage, or gain unauthorized access to a computer system.” In a statement
NCC alerts Telecom Consumers on Flubot Malware Read More »
By Abubakar Malami As you are aware Nnamdi Kanu, the self-acclaimed leader of Indigenous People of Biafra (IPOB), has been at the center of a subversive campaign against the Nigerian State. Consequently, Nnamdi Kanu was arrested on 14th October, 2015. He was charged to court for treasonable felony, among other crimes. He was granted bail
IPOB: Why Federal government arrest, detain Nnamdi Kanu Read More »
The Presidential Steering Committee (PSC) on COVID-19 has issued a revised international travel protocol into Nigeria, stating that all travelers arriving Nigeria, either vaccinated or unvaccinated, must present a negative COVID-19 test conducted not more than 72 hours before boarding. It said that the protocol is effective from Monday, October, 25, 2021. The Chairman, PSC
COVID-19: Nigeria issues revised international travel protocol Read More »
