Custodians of Truth
The Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala has announced that the actual international gross home product (GDP) may drop to 5 % if the world financial system decouples into self-contained buying and selling blocs. In the […]
Access Bank Plc has entered the race to acquire the entire 83.4% equity stake held by Centum Investment Plc, a Kenya-based investment company, in Sidian Bank Ltd, for the sum of about N15 billion ($37 million). Based on the announcement […]
The Lagos Chamber of Commerce and Industry (LCCI) has called on the government to establish a regulatory setting that will promote investment in telecommunications infrastructure to boost the country’s digital economy. This is coming after the recently signed National Health Insurance […]
What a time to have launched a fertilizer plant in Nigeria by Africa’s richest man, Aliko Dangote. A time that has flogged down inflation early. On 22 March 2022, Dangote’s $2.5bn fertilizer plant in Lagos, Nigeria started production. The 3m […]
The Central Bank of Nigeria has requested banks and Payment Service Providers in the country to receive indemnity from customers for online transactions above N1m. This was stated in a circular signed by the Director, Payments System Management Department, Musa […]
Mr. Zacch Adedeji, the Executive Secretary/Chief Executive, National Sugar Development Council (NSDC), has reiterated the commitment of the ruling administration towards achieving self-sufficiency in local sugar production. Mr. Adedeji stated this while receiving the Management of the Abubakar Tafawa Balewa […]
Honeywell Flour Mills has announced a loss amounting to 983 million naira for the year ended 31 March 2022. Representing a 188% decrease from 1.13 billion naira profit reported in the full year ended 31 March 2021. The company on […]
Mr. Uche Orji, who is the Managing Director and Chief Executive Officer of the Nigeria Sovereign Investment Authority (NSIA), said that the investment authority has no plans to move its assets from the US dollar to other reserve currencies. People […]
The investors said that Musk saved himself $156 million by not telling them that he had bought more than 5% of Twitter by March 14.They asked to be recognized as a group and to get punitive and compensatory damages in […]
Asiwaju Micheal Olawale-Cole studied Accounting at the University of Lagos. He launched his professional career with Total Oil as an Account manager, but after just a year, his undiluted thirst for knowledge led him to England for further studies – […]