Stanbic IBTC Bank PLC, a subsidiary of Standard Bank Group, has urged Nigerian investors and business owners to harness and maximise the business opportunities that are inherent in the African Continental Free Trade Area (AfCFTA) agreement. This will help boost intra-Africa trade beyond the current level of 17 per cent as well as promote industrialisation…
President Muhammadu Buhari yesterday commissioned the new 3 million Metric Tonnes capacity per annum state-of-the-art Dangote Fertiliser Urea Plant, with an emphatic assurance that the project would give a huge fillip to Nigeria’s agricultural sector, which revitalisation has been a focal point of his administration’s economic policy. The new plant, which he commissioned in the…
The Senate, will tomorrow, Wednesday, March 23, 2022, consider a motion to discuss the recent judgment by a Federal High Court sitting in Umuahia, nullifying the provisions of Section 84(12) of the newly amended Electoral Act 2022 passed by the National Assembly. Justice Evelyn Anyadike, in a judgment, held that the Section of the Act…
Heritage Bank Plc, Lagos Commodities and Futures Exchange (LCFE) and other participating financial institutions explored opportunities on export revenue from the Commodities Ecosystem as part of its supports to the Central Bank of Nigeria’s (CBN) to raise $200billion in foreign exchange repatriation from the non-oil exports over the next three to five years. At a…
President Muhammadu Buhari on Monday summoned Imo State Governor, Hope Uzodinma and the Minister of Power, Abubakar Aliyu, as well as the Chief Economic Adviser, Prof Doyin Salami, to a meeting at the Presidential Villa on Monday afternoon. Senior Special Assistant to the President on Media & Publicity, Garba Shehu made this known in a…
Operatives of the National Drug Law Enforcement Agency, NDLEA have arrested Okeke Adolphus Anayochukwu, a 52-year-old father of four children who claims to be a businessman, with black liquid cocaine at the Nnamdi Azikiwe International Airport, NAIA. A statement by Femi Babafemi, Director, Media and Advocacy said Okeke was arrested with 20.75 kilograms of the…
The Peoples Democratic Party (PDP) has cautioned the All Progressives Congress (APC) administration that its unrelenting culture of arrogance, impunity and criminal pillaging of the national resources is akin to kneeling on the necks of Nigerians. The opposition party warned that there is a limit to what the people could bear under an administration that…
REDTV Supports Young Movie Makers, Empowering Creative Talent REDTV, United Bank for Africa’s Lifestyle and Entertainment channel continues to lend its support to the creative industry and empower young film producers in Africa. REDTV has been producing award winning content like The Men’s Club for over five years, bringing the best of Africa to the…
In a bid to deepen positive customer experience and create new opportunities for businesses to grow revenue, Fidelity Bank, in collaboration with OnePipe, launched payment gateway PayGatePlus on Wednesday, March 16, 2022, at the Eko Hotel & Suites in Lagos. PayGatePlus, which is an upgraded version of the legacy PayGate product by the bank, is…
Chief Adebola Dosunmu, the Akinsiku of Lagos (Olori Eyo), who is the custodian of Lagos most popular cultural festival, the Adamu Orisa, popularly known as Eyo will celebrating his 50th birthday on 21st of March 2022. The real estate mogul and socialite said he is grateful to God for all he has been through in…