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BUSINESS

States received N1.73 trn allocation in 2017
4 weeks ago

States received N1.73 trn allocation in 2017

The National Bureau of Statistics (NBS) says the net Federal Account Allocation Committee (FAAC) allocation to the 36 states in 2017 Fiscal Year stood at N1.73 trillion.

The NBS stated …
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Execution of Buhari’s economic plan doesn’t reflect needs of Nigerians – Bill Gates
4 weeks ago

Execution of Buhari’s economic plan doesn’t reflect needs of Nigerians – Bill Gates

By  •  BUSINESS

The Second richest man in the world and co-chairman of the Bill and Melinda Gates Foundation, Bill Gates, says the execution process of the economic and recovery growth plan (ERGP) of …
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Teleology transfers unrefundable $50m for takeover of 9mobile
4 weeks ago

Teleology transfers unrefundable $50m for takeover of 9mobile

By  •  BUSINESS

Teleology Holdings Ltd., says it is transferring a non-refundable completion deposit of 50 million dollars to the trustees of the bank syndicate presently holding ownership of 9Mobile.

The company made …
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FG’s N650bn debt cause oil marketer to sack workers
4 weeks ago

FG’s N650bn debt cause oil marketer to sack workers

By  •  BUSINESS

Oil marketers have commenced a reduction of their workforce due to their inability to pay staff salaries, the News Agency of Nigeria (NAN) reports.

Some of the marketers, who preferred …
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GTBank releases PBT of N200.24Billion for year 2017
1 month ago

GTBank releases PBT of N200.24Billion for year 2017

Guaranty Trust Bank (GTB) plc has released its audited financial results for the year ended December 31, 2017 to the Nigerian and London Stock Exchanges.

A review of the results …
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Oil prices close to $70 per barrel
1 month ago

Oil prices close to $70 per barrel

By  •  BUSINESS

Oil markets climbed on Monday on the back of a drop in the number of United States rigs drilling for more production and as the U.S. economy continued to create …
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Nigeria’s external reserves hit $46 billion
1 month ago

Nigeria’s external reserves hit $46 billion

Nigeria’s External Reserves are steadily heading towards the $50 billion mark, berthing at $46 billion as at the close of business on Friday, March 9, 2018.

Figures obtained from the …
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Coca-Cola set to launch alcoholic drink
1 month ago

Coca-Cola set to launch alcoholic drink

By  •  BUSINESS

Coca-Cola company, a beverage company, has revealed planns to produce an alcoholic drink for the first time in the 125 years of its existence.

In September, the West African arm …
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Nigeria’s foreign reserves move up to $43.2bn
1 month ago

Nigeria’s foreign reserves move up to $43.2bn

By  •  BUSINESS

Data obtained from the Central Bank of Nigeria showed on Wednesday, showed that Nigeria’s foreign reserves hit $43.2bn on March 6, 2018.

The foreign exchange reserves had recorded a four-year …
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Are you a Nigerian undergraduate? GTBank wants to equip you with creative skills through GTCrea8
1 month ago

Are you a Nigerian undergraduate? GTBank wants to equip you with creative skills through GTCrea8

Are you a Nigerian undergraduate that wants to be empowered with creative skills? Look no further, as Guaranty Trust Bank plc, is set to hold the maiden edition of the …
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