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FG approves restructuring of NCAA to improve safety
The Federal Government has approved the restructuring of the Nigerian Civil Aviation Authority (NCAA) to further improve the…
FEC approves N13bn for automation of four airports, $3.1bn for Customs
The Federal Executive Council (FEC) on Wednesday approved N13 billion for the automation of safety equipment at Lagos, Kano,…
GTBank declares 30k interim dividend
Guaranty Trust Bank Plc on Wednesday announced an interim dividend of 30k per share for the half year ended June 30, 2020.
The…
UBA to Pay Shareholders 17 Kobo Interim Dividend September 23
The board of United Bank for Africa (UBA) Plc has fixed Wednesday, September 23, 2020, as the payment date for the interim…
FG increases petrol pump price to N151.56 per litre
This was disclosed in an internal memo issued by the Pipeline and Product Marketing Company (PPMC), Ibadan depot, to all the…
Australia officially enters recession
Australia has officially fallen into its first recession in 29 years with the biggest fall in Gross Domestic Product (GDP) on…
CBN’s directive on power sector counterproductive – NUEE
The Nigeria Union of Electricity Employees (NUEE) says the Central Bank of Nigeria (CBN)’s directive authorising banks to…
Nigeria spent N148b on three refineries in 13 months
Nigeria spent N148 billion in the last 13 months on three refineries but produced less than 40,000 metric tons of crude…
Naira rebounces, records continuous gains after CBN FX intervention
The naira strengthened to N435 to a dollar at the parallel market yesterday as against about N480 to a dollar it had been trading…
Shoprite seeks vacation of restraining order on assets transfer
South African retail company, Shoprite Checkers (PTY) Limited, has filed an application seeking the discharge of the injunction…