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Business & Finance

Polaris Bank Signs Strategic Partnership With Niger State Government

February 19, 2019 0

As part of its commitment to ease access to banking services for more persons, Polaris Bank has entered into a strategic partnership with the Niger State government. The Managing Director, Polaris Bank, Tokunbo Abiru, was quoted in a statement to have said the decision to partner with the state government aligned with the federal government’s […]Continue Reading

Business & Finance

CBN Unveils New Policy To Boost Private Sector Credit

February 19, 2019 0

The decision, last Thursday by the Bankers’ Committee arm of the Central Bank of Nigeria (CBN), to provide funding for the development of the creative sector of the economy at single-digit interest rate, may have come as another policy shift by the apex bank. This represents another major intervention, following a slew of others in […]Continue Reading

Business & Finance

FCTA, NDE Disburse N3m Loan To Women, Youths

February 19, 2019 0

The Federal Capital Territory Administration (FCTA) in collaboration with the National Directorate of Employment (NDE), has disbursed the sum of N3 million to about 300 women and youths across the six area councils of the Federal Capital Territory (FCT). The loans, which were disbursed under the Micro Enterprise Enhancement Loan Scheme (MEES) of the NDE, […]Continue Reading

Business & Finance

Transcorp Records N20.6bn PAT And N0.03 Final Dividend

February 18, 2019 0

Transnational Corporation of Nigeria Plc (Transcorp), has announced its annual audited results for the year ended December 31st, 2018, with a 94 per cent growth in Profit After Tax (PAT) of N20.6billion in 2018 compared to N10.6billion in the prior year. The Group, also, increased its Profit Before Tax (PBT) to N22.4billion from N12.3billion in […]Continue Reading

Business & Finance

Election Postponement: Independent Marketers Ask Members to Reduce The Price of Petrol Pump

February 18, 2019 0

This was announced in a statement signed by the National President of the association, Elder Chinedu Okworonkwo and made available to newsmen in Kano on Sunday. Directing its members nationwide to reduce petroleum pump price from N145 per litre to N140. The statement was issued through the Chairman, IPMAN Kano state chapter, Alhaji Bashir Dan-Malam. Okworonkwo […]Continue Reading

Business & Finance

Mr Bigg’s Opens New Outlet In Idi-Iroko, Ogun State

February 18, 2019 0

Popular quick service restaurant, Mr Bigg’s, recently made a move to consolidate its dominance of the fast food business in Nigeria, as it commissioned a new outlet, located at Idi Iroko in Ogun State. According to the pioneer fast-food brand, the new outlet, located on Iyana Ago Road, within the border town, is equipped with […]Continue Reading

Business & Finance

Excess Revenue Rises To $6.35 Per Barrel As Oil Price Hits $66.35

February 18, 2019 0

For the first time in 2019, the price of crude oil has surged from $64.00 recorded last week to $66.35 over the weekend as a result of Organisation of Petroleum Exporting Countries, OPEC efforts targeted at eliminating excess oil from the volatile market, thus leading to an increase in the nation’s excess oil revenue. The […]Continue Reading

Business & Finance

Google, UBA Partner On Free Internet

February 15, 2019 0

United Bank for Africa (UBA) Plc has partnered with Google to launch Google Station in 11 of the bank’s branches in Lagos. Google Station, a platform for providing free, high-speed Wi-Fi hotspots in public places, began in Lagos last year, and extended to Abuja in December in partnership with Backbone Connectivity Network. This google-powered initiative […]Continue Reading

Business & Finance

NUFBTE Lauds FG For Tackling Influx Of ‘Expatriates’

February 15, 2019 0

The National Union of Food, Beverage and Tobacco Employees (NUFBTE) has commended the Federal Government for addressing the influx of expatriates. According to reports the union’s President, Comrade Lateef Oyelekan said prior to the election of President Muhammadu Buhari, the country was bedeviled with influx of foreigners, who disguised as expatriates to corner the scanty Continue Reading

Business & Finance

FirstBank, Azuri Tech Partner On Solar Power

February 15, 2019 0

Azuri Technologies, a leader in pay-as-you-go solar technology and First Bank of Nigeria Limited, have signed agreement to enter into a unique partnership that will help deepen financial inclusion in Nigeria while bringing affordable, reliable and clean power to millions of Nigerians. Under the partnership, Azuri’s solar home TV product, will be co-branded and co-marketed Continue Reading