Cycle and car parts retailer says bike sales have jumped 47% in lockdownCoronavirus – latest updatesSee all our coronavirus coverageHalfords has committed to repaying all the £10.7m in furlough money it received from taxpayers, thanks to stronger-than-... Read Full Story
Seplat Petroleum Development Company Plc, an indigenous energy company, has identified its fast growing gas business as a strong catalyst for sustainable development in Nigeria.
The post Seplat harps on gas as catalysts for sustainable economic devt appeared first on Vanguard News.
Nigerian Breweries, NB Plc has recorded revenue of N337 billion for the year ended December 2020, representing an increase of 4.3 per cent from N323 billion recorded in the corresponding period of 2019.
The post NB records 4.3% increase in revenue to N337bn appeared first on Vanguard News.
Ecobank Nigeria has listed its $300 senior unsecured bond on the London Stock Exchange (LSE).
The post Ecobank Nigeria lists $300m bond on London Stock Exchange appeared first on Vanguard News.
Andersen Global has announced a rebranding strategy for Africa, in line with its move to the unified brand name of Andersen, which is being rolled out globally. The firm initially viewed tax as a driver of legal, with members firms adopting the brand names of either Andersen Tax, Andersen Legal or Andersen Tax & Legal. […] Read Full Story
With enterprises struggling, the Conservatives have lost their trust. Labour can now be the party of business Alan Johnson is a former home secretary and Labour MPAs a business minister around the turn of the century, I remember the then director gener... Read Full Story
…As fertilizer plant comes on stream March By Udeme Akpan THE Central Bank of Nigeria, CBN, has concluded plans to strengthen the Naira, and by extension the nation’s economy through the $15 billion Dangote Refinery. Specifically, the CBN governor, Mr. Godwin Emefiele, who visited the Project at Ibeju Lekki, Lagos, weekend, said: “We have taken
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The post CBN plans to strengthen Naira, economy through $15bn Dangote refinery appeared first on Vanguard News.
Analysis shows emissions from 31 FTSE 100 companies are well above what’s needed to hit Paris targetsThree out of 10 of the UK’s biggest public companies emit carbon dioxide at a rate that would contribute significantly to the climate crisis, according... Read Full Story
Analysis by transport group says battery electric vehicles are superior to their petrol and diesel counterpartsFossil fuel cars waste hundreds of times more raw material than their battery electric equivalents, according to a study that adds to evidenc... Read Full Story
Nike Popoola The Central Bank Governor, Godwin Emefiele, has said that weekly diaspora remittances rose from $5m to $30. He noted that the initiatives introduced by the Central Bank of Nigeria to boost forex in the country were yielding result. Emefiele spoke during the CBN/Bankers Committee’s initiative for economic growth which was organised with Vanguard […] Read Full Story
Okechukwu Nnodim, Abuja The Federal Government on Sunday announced that it had entered into partnership with Crown Flour Mills to reduce the importation of wheat into Nigeria. Minister of Agriculture and Rural Development, Sabo Nanono, expressed delight in the interest shown by Crown Flour Mill to partner the Federal Ministry of Agriculture and Rural Development […] Read Full Story
’Femi Asu Investors in the Nigerian stock market recorded a total loss of N1.37tn in February as market capitalisation tumbled below N21tn amid profit-taking. Investors had gained over N1.13tn in January as the market capitalisation closed at N22.19tn from N21.06tn at the start of the month. The Nigerian Stock Exchange All-Share Index closed at 39,799.89 […] Read Full Story
MTN Nigeria Communications Plc has reported a profit before tax of N298.87bn for the 2020 financial year, up from N291.28bn in the previous year. The telecommunications company, in its audited financial statements filed with the Nigerian Stock Exchange, said its profit after tax rose to N205.21bn last year from N203.28bn in 2019. Its revenue increased […] Read Full Story
’Femi Asu, Okechukwu Nnodim and Dogara Bitrus The queues for petrol grew worse in some parts of the country on Sunday following the shutdown of many filling stations amid heightened expectations of an increase in the pump price of the product. The Minister of State for Petroleum Resources, Chief Timipre Sylva, had on February 9 […] Read Full Story
Joseph Olaoluwa The Nigeria Railway Corporation has put plans together to operate 16 trips daily along the Lagos-Ibadan rail when it is fully operational. Managing Director of the NRC, Fidet Okhiria, said this to journalists during an inspection tour of ongoing railway projects along the standard gauge on Saturday. He said, “When we start fully, […] Read Full Story
Joseph Olaoluwa Josepdam Port Services, the Maritime Workers Union of Nigeria and Micura Services Limited have resolved the disagreement which led to the shut down of port operations for three days. It was gathered on Saturday that the trio met at about 12 noon on Friday as part of the efforts to resolve issues bothering […] Read Full Story
Leke Baiyewu, Abuja The House of Representatives Committee on Public Accounts has asked the Office of the Accountant-General of the Federation to forward the financial statement on the utilisation of the N2.2tn revenue accruing from foreign and domestic debts raised by Debt Management Office. Chairman of the committee, Oluwole Oke, made the request based on […] Read Full Story
Adeniyi Olugbemi, Sokoto Towards achieving the Federal Government initiative on the diversification of the nation’s economy, Onion Producers and Marketers Association of Nigeria, has inaugurated documented onion exports through Illela land border in Sokoto State. The event inaugurated by Abdulrahameed Ma’aji, the Area Controller of Nigerian Customs Service in charge of Sokoto and Zamfara states, […] Read Full Story
Nike Popoola The Executive Vice Chairman/Chief Executive Officer, Nigerian Communications Commission, Prof Umar Danbatta, is set to deliver the 2021 edition of The Bullion Lecture. A statement on Sunday said he would be speaking on telecoms, digital banking and Nigeria’s economic development at the event in March. It stated that the Bullion lecture was a […] Read Full Story
Nike Popoola The Managing Director, Lagos State Waste Management Authority, Mr Ibrahim Odumboni, has called for support from the Lagos State judiciary to prosecute offenders. He made the call at the Lagos High Court in Ikeja recently. Odumboni listed some worrisome activities in the state to include illegal and indiscriminate dumping, violation of law and […] Read Full Story
Nike Popoola The assets of mortgage banks rose by N56bn from N315.48bn as of the end of November 2019 to N371.66bn as of the end of September 2020. Figures obtained from the Central Bank of Nigeria on its report on ‘Primary mortgage banks’ accounts and assets showed that the lenders’ assets had continued to record […] Read Full Story
Nike Popoola The Federal Controller of Works in Ogun State, Mr Umar Bakare, has asked highway traders and beggars under bridges and along Lagos-Ibadan Expressway to immediately vacate the highway to save lives. He made the appeal during the grand finale of a two-day mass sensitisation exercise against road abuse and encroachment. Bakare who led […] Read Full Story
Nike Popoola The Lagos State Government has said it will commence the construction of Ijeododo road to connect two Local Council Development Areas, Igando-Ikotun and Iba Local Council Development Areas, to the 10-lane Lagos-Badagry Expressway. In a statement on Friday titled ‘LASG parleys with stakeholders as construction of Ijeododo road begins’, it disclosed this during […] Read Full Story
Temiloluwa O’Peters The President, Nigerian Institution of Estate Surveyors and Valuers, Emmanuel Wike, has called on the Federal Government to reinvent and rearrange the entire country’s security architecture and apparatus. He made the call on Friday at a press conference in Ikeja, expressing his worry over current security challenges in Nigeria. Wike noted that the […] Read Full Story
’Femi Asu, Okechukwu Nnodim and Dogara Bitrus The queues for petrol grew worse in some parts of the country on Sunday following the shutdown of many filling stations amid heightened expectations of an increase in the pump price of the product. The Minister of State for Petroleum Resources, Chief Timipre Sylva, had on February 9 […] Read Full Story
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