Business/Economy

Nigeria still borrowing amid high debt costs – IMF   Nigeria’s engagement with the global debt market remains vibrant despite challenges posed by high borrowing costs, the International Monetary Fund has said. During a press conference on...

Q3 2024: UBA Grows Net Interest Income by 149%, PBT Up by 20% to N603 Billion   CHIGOZIE AMADI Riding on its recently released half-year financials, Africa’s Global Bank – United Bank for Africa (UBA) Plc, has...

IRS threatens legal action against UniCal over alleged N3.7bn non-tax remittance CHIGOZIE AMADI The Cross River Internal Revenue Service (IRS) has threatened legal action against the University of Calabar (UniCal) if it continues to default in...

World Bank advice: Afenifere cautions FG, calls for home-grown solutions to tackle hardship   CHIGOZIE AMADI The pan-Yoruba socio-cultural and socio-political organization, Afenifere, has called on the Federal Government to be wary of the recent advice of...

Encomium over Nigeria-Italy Flight Route CHIGOZIE AMADI There was a time Alitalia, which has metamorphosed in many ways, had Lagos as its regular route. At a point in time it was Lagos to Rome flight via Kano....

United Capital Reports 93% Growth in Profit to N18.73bn CHIGOZIE  AMADI United Capital Plc, yesterday announced its unaudited financial results for nine months ended September 30, 2024 with about N18.73 billion profit before tax, about 93...

NSIB Renews MoU with UNILAG on Science Laboratory CHIGOZIE AMADI The Nigerian Safety Investigation Bureau (NSIB) has renewed its Memorandum of Understanding (MoU) with the University of Lagos (UNILAG) on the deployment of its metallurgical science...

Access Bank Partners SaltinGStein to Unveil Winbundle Airtime2Win CHIGOZIE AMADI Access Bank Plc has partnered with SaltinGTein to unveil Winbundle Airtime2Win on its digital platform that will provide customers a chance to turn airtime purchase into...

FAAC Grosses N2.25 Trillion, Disburses N1.28 Trillion to FG, States, LGsNdubuisi Francis in Abuja   CHIGOZIE AMADI The Federation Account Allocation Committee (FAAC), Thursday, disbursed a total of N1.298 trillion to the federal, state, and local governments...

*Gluwa to invest $100m, others commit to multi-million dollar tech hubs, MSMEs, agriculture CHIGOZIE AMADI Several investors from Sweden, yesterday, expressed their commitment to investments and partnerships worth millions of dollars in Nigeria’s digital economy, health...