Dangote Cement Plc has emerged as the highest corporate income taxpayer and biggest employer of labour in the country for the year 2020. The foremost indigenous cement manufacturer came first among top 100 elite companies listed on the Nigeria Exchange (NGX) posting into the coffer of the federal government a princely sum of N97.24billion in…
The management of NASCO group has refuted claims that the firm and its founder, late Ahmed Nasreddin has been involved in terrorism financing in Nigeria and across the world. NASCO group denied the allegation in a statement on Tuesday titled ‘NASCO Rejects Irresponsible & Fake Journalism.’ The Management noted the defamatory and slanderous contents of…
The Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Kennedy Uzoka, has said that the main priority for every staff in the bank is to always ensure customer satisfaction. This, he said, is crucial for every forward-thinking organisation such as UBA, as the customer remains the undisputed employer. In a message to…
Africa-Re’s partnership with IFC (A member of the World Bank group) in March 2019 is strategic and symbolic. The Partnership aims at providing technical support to insurance companies for their agricultural line by using index-based agricultural insurance. This no doubt will trigger innovative and more efficient solutions for small farmers, help them mitigate effects of…
In a bid to firmly entrench a customer-first attitude with enduring service culture, Unity Bank has launched a new service charter and Hall of Fame for staff. This is to create an exceptional customer experience as the Bank celebrates the 2021 Customer Service Week. Unveiling the Service Charter, the Managing Director/CEO of Unity Bank Plc,…
President Muhammadu Buhari would on Thursday present the 2022 budget to a joint session of the National Assembly. The Deputy Senate President, Ovie Omo-Agege, gave the hint on Tuesday after reading and referring President Muhammadu Buhari’s submission of the revised 2022-2024 Medium Term Fiscal Framework to the Committee on Finance for legislative input. President Buhari…
Rite Foods Limited has taken another giant step in promoting the entertainment industry by sponsoring this year’s Felabration, commemorating the late Afrobeat Legend, Fela Anikulapo Kuti, taking into cognizance the legacy the music icon has left behind for posterity. With the theme “Viva Nigeria Via Africa,” and to hold from October 11 to 17, Felabration…
The Senate has confirmed the appointment of five nominees as members of the Economic and Financial Crimes Commission (EFCC) Board. The confirmation followed the consideration of a report by the Committee on Anti-Corruption and Financial Crimes. The Senate received a request from President Muhammadu Buhari on September 21, 2021, to confirm the appointments of the…
Lagos State Government on Monday demanded for one percent share in the revenue allocation formula, maintaining that the special status of the State and its prosperity directly or indirectly has multiplying effects on the South-West region and the entire country. The Government also proposed that the revenue sharing formula should be 34 percent for Federal…
The Ogun State Government has pulled down a block of classrooms at Nazareth High School, Imeko in Imeko Afon Local Government Area of the state. The building which recently became distressed and partially collapsed on a group of students killing one and injuring two others in the process was demolished over the weekend on the…