The Senate again made history on Wednesday when it passed, in record time and for the fourth time, the 2023 national budget of about N21.8 trillion. The Upper chamber also passed a supplementary budget of about N819.5 Billion for 2022 and Finance Bill 2022. The Senate, on the request of the Executive, approved an extension…
As part of its Corporate Social Responsibility (CSR) programmes, Dangote Petroleum Refinery and Dangote Fertiliser Limited have awarded scholarships to 460 students of secondary schools and tertiary institutions from its host communities in Ibeju Lekki, Lagos State. The company said the scholarship had become an annual event meant to contribute to the educational development of…
Governor Babajide Sanwo-Olu, on Friday, commissioned the newly installed Waterways Monitoring and Data Management Centre (WMDMC) at the Five Cowrie Terminal – the headquarters of the Lagos State Waterways Authority (LASWA) in Falomo, Ikoyi. Commuters using the State’s water transport services are in for a fresh safety experience, with the activation of modern monitoring gadgets…
Wema Bank, Nigeria’s most innovative bank, has thrown its weight behind the Duke of Shomolu (DOS) Production, one of the fastest-growing theatre franchises in Nigeria, in its four-stage plays slated for December 2022. According to Morolake Philip-Ladipo, the bank’s Acting Head of Marketing Communications and Investor Relations, “more than giving theatre lovers a special experience…
Chief Executive Officer of Sterling Bank Plc, Mr. Abubakar Suleiman, has been awarded the Special Leadership Award at the 2022 edition of the Nigerian Fintech Awards held in Lagos. The Nigerian Fintech Awards is Nigeria’s biggest and most recognized fintech awards and is dedicated to honoring excellence in financial technologies and services companies and products.…
The Nigerian Association of Zoological Gardens and Wildlife Parks (NAZAP) has been inundated with information of imminent closure of Imo State Zoo, Nekede. As a result, there is heightened anxiety from environmental and conservation stakeholders on the quantum of biodiversity loss that would occur in the event of such closure, which would entail massive translocation…
Duchess International Hospital, Ikeja has marked its first anniversary with the Chief Executive Officer of the hospital Dr Adetokunbo Shitta-Bey reiterating the hospital’s commitment to impacting the lives of all Nigerians through access to affordable world-class healthcare. At a well-attended ceremony at the Hospital’s main Auditorium on Thursday November 3, 2022 Dr. Shitta-Bey emphasised the…
Union Bank of Nigeria has been named as the Best Small and Medium Enterprises (SME) bank in Nigeria by Global Finance – a leading financial international publication, in its second annual 2023 SME Bank Awards. Global Finance seeks to help corporate leaders, bankers, and investors chart the course of global business & finance and has…
Nigeria’s most innovative bank and digital banking pioneer, Wema Bank Plc, has recorded gross earnings of N95.345 billion in the third quarter ended September 30, 2022, representing a growth of 51.17% year-on-year, from N63.077 billion posted during the same time in 2021. According to the bank’s unaudited financial results for the third quarter of 2022,…
Nigeria’s largest sugar refinery, Dangote Sugar Refinery Plc has announced a profit before tax (PBT) of N36.27 billion for the nine months ended September 30, 2022. According to the sugar refiner’s unaudited results posted on the Nigerian Exchange portal, PBT rose by N13.17 billion compared to N23.10 billion posted in the corresponding period in 2022.…