By Rukayat Moisemhe Lagos and Oyo states as well as the Federal Capital Territory (FCT) have emerged as best performing states in Nigeria’s socioeconomic scorecard, according to Analysts Data Services and Resources (ADSR). Dr Afolabi Olowookere, Managing Director and Chief Economist, ADSR, made the disclosure on Tuesday during a WebinarContinue Reading
By Perpetua Onuegbu Minister of Housing and Urban Development, Mr Ahmed Dangiwa, says BUA Plc’s decision to reduce price of cement to N3,500 per bag is a demonstration of the company’s commitment to improving lives. This is contained in a statement issued on Tuesday on Abuja by Deputy Director ofContinue Reading
By Kadiri Abdulrahman The Debt Management Office (DMO) on Tuesday offered for subscription, Ijarah Sukuk valued at N150 billion. According to a statement by the DMO, the Sukuk is issued by Federal Government of Nigeria (FGN) Roads Sukuk Company PLC, on behalf of the Federal Government. It said thatContinue Reading
By Kadiri Abdulrahman The Federation Account Allocation Committee (FAAC), has shared the sum of N1.1 trillion to the Federal Government, states and Local Government Councils (LGCs) for August. This is contained in a communiqué issued by the FAAC at its September meeting. The communiqué said that the N1.1 trillion totalContinue Reading
By Lydia Ngwakwe Parallex Bank Ltd. has reaffirmed its commitment to helping organisations and individuals in showcasing contributions of indigenous and non-indigenous communities to the country’s economic development. The Managing Director of Parallex Bank, Dr Olufemi Bakre, expressed the commitment on Monday in Lagos at the International Food andContinue Reading
By Rukayat Adeyemi Dr Yeside Oyetayo, pioneer Rector of the College of Insurance and Financial Management (CIFM), Lagos, has described her efforts to build the institute from the scratch as “tough, but interesting”. Oyetayo told the News Agency of Nigeria (NAN) in Lagos on Monday that she resumedContinue Reading
By Olawunmi Ashafa, News Agency of Nigeria (NAN) Since the attainment of independence 63 years ago, Nigeria has been battling with development issues, despite its natural endowment in human and material resources. Several strategies by successive civilian and military administrations have met with limited successes. Continue Reading
By Ismail Abdulaziz President Bola Tinubu said that the Federal Government has been taking the paths to economic greatness since his administration assumed office in May. Tinubu stated this in an address on the occasion of the nation’s 63rd Independence Anniversary on Sunday in Abuja. He said that the actualisationContinue Reading
By Joy Odigie Shareholders of Presco Plc. have approved payment of final dividend of N6.60 per share, indicating N6.6 billion, for the year ended Dec. 31, 2022. The company had paid an interim dividend of 20k per share, which amounted to N2 billion. The latestContinue Reading
By Rukayat Moisemhe The Enugu State Government said it will be collaborating with the Indonesian Government to foster mutual prosperity, capital flows and diversification of Indonesian industries into the state. Prof. Chidiebere Onyia, Secretary to the State Government (SSG), made this known on Friday at the Nigeria Indonesia Trade andContinue Reading
