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Bank CEOs back NCC over USSD charges suspension
The body of Bank CEOs has commended the decision of the National Communications Commission to suspend the Unstructured Supplementary Service Data charges by telecommunication companies for accessing bank services.
The body said about 20…
Zenith Bank Confirms Market Leadership, Reported N150.72bn Profit in Q3 2019
Zenith International Bank Plc on Wednesday reported a profit after tax of N150.72 billion for nine months ended Sept. 30, 2019.
The profit represented a growth of five per cent when compared to N144.18 billion achieved in the…
Stakeholders, experts sound warning on impact of FG’s planned excise duty on soft drinks
The new excise duty on soft drinks announced by the Federal Government may lead to job loss and business failures if implemented, according to stakeholders.
The Nigeria Employers Consultative Association (NECA), The Lagos Chamber of…
SPDC Invests N1.2b On 84 Projects In Bayelsa Communities
The Shell Petroleum Development Company of Nigeria (SPDC) said it spent over N1.2bn on 84 projects at its clusters in Tarakiri and Oporoma in Sagbama and Southern Ijaw local government areas of Bayelsa State.
The General…
Lagos-Ibadan Expressway: FRSC asks Travellers to Brace for Gridlock as Closure to Last 4 Months
Travellers are in for a prolonged painful experience on the Lagos-Ibadan Expressway as Julius Berger, the company handling the reconstruction of the road, will close another section of the road for four months starting from Monday.…
Lull In Petroleum Demand Affects Revenue Base Of Nigeria…..Sylva
The Minister of States (Petroleum Resources) Chief Timipre Sylva on Monday said as oil is depleting, the demand for it has experienced massive drop.
Sylva, said "As oil is depleting oil, the demand is also depleting. America no…
Border Closure: Ghanaian Traders Union Call for Boycott of Nigerian Products
Ghana Union of Traders Association (GUTA) has called for a total boycott of all Nigerian products imported by Ghana as Nigeria’s land border closure bites West African countries.
The move, the traders union believes, will force the…
Stanbic IBTC Rewards Long Serving Staff For Hard Work, Loyalty And Commitment
Stanbic IBTC Holdings PLC, a member of Standard Bank Group has held the 2019 edition of the company’s Long Service Awards.
The annual event is an avenue for the organisation to recognise and reward staff who have put in significant…
FAAC: 2009 Excess Crude Account Was $20billion Now Only $323.7m Left
The Federation Account Allocation Committee (FAAC) has disclosed that the current balance in Nigeria’s Excess Crude Account (ECA) stands at $323.692 million as of Thursday, October 17, 2019.
The ECA, which was created by former President…
Verve International Hosts Fitness, Fun & Lifestyle Event For 2019
Verve International on Saturday inspired Nigerians to a lifestyle of fitness and wellness.
The Pan-African innovative payment Card brand hosted fitness enthusiasts at Landmark Events Centre, Water Corporation Drive, Victoria…