Just in: Another APC’s application forces S’Court to adjourn Imo ruling to Tuesday
The long awaited Nigerian Supreme Court ruling on a retrial application filed by former Imo State Governor, Chief Emeka Ihedioha and his party, the PDP billed for today, March 2, 2020, was again adjourned to tomorrow, Tuesday, March 3, 2020….
Just in: UBA’s released audited results show profitability growth of 13.3% y/y
More remarks have continued to trail the recently released UBA Plc’s audited FY-19 numbers, which showed that the bank recorded a 14.6% y/y EPS growth to NGN2.52 for the fiscal year. The major takeaway amongst other is that whereas the…
Autonomy of internal auditors sure cure for official corruption in Africa—Ghana Audit chief
Ghana Auditor General, Mr Daniel Yao Dormelevo has opened up on one of the most official ways of fighting official corruption in African government, saying the best bet remains the autonomy of Auditor general’s offices in the continent. Several reports…
Dangote dissociates border closure to drop in his Cement’s 2019 earnings shock
…But closure forced Dangote cement export to fell 41% in 2019 Contrary to trending news report that one of the key reasons why Dangote Cement experienced drop in profitability for the year 2019 was border closure, President of the Dangote…
NCC currently regulating a total of 5,912 licensees, the highest amongst MDAs
More facts and figures on why the Nigerian Communications Commission (NCC) remains the lead driver of job creation and digital economy multiplier effects in national development have emerged. Checks carried out by Business Hilights Intelligence Unit (BHIU) weekend, revealed that…
Google loses as Safaricom partners Amazon Web Services in Kenya
Trending new deal between Kenya’s lead telecom giant, Safaricom and Amazon Web Services (AWS) in Kenya may be putting Google on the hot seat of losing fortunes and real market share in parts of Africa. Recall that Safaricom has announced…
Why NNPC finally introduced Nitro, Rhino range of Lubricants
The Honourable Minister of State for Petroleum Resources, Chief Timipre Marlin Sylva, has given clear insights on why the NNPC Retail Limited, is introducing various range of Lubricants to the Nigerian and international markets. Recall that the products were earlier…
Discos: On FG’s forensic audit order and repairs surreptitiously done by customers’
Granted that the National Economic Council (NEC) rose from its Thursday last week’s meeting and ordered a forensic audit of all the electricity Distribution Companies (Discos) in the country, particularly their bank accounts, the fact remains that majority of Discos’…
Coronavirus: Oil price freefall very dangerous to Nigeria’s 2020 budget
Strong threat is currently facing Nigeria’s fragile economy with regards to the implementation of the ongoing 2020 national budget as coronavirus global pandemic is forcing oil prices on a steady downward fall. The 2020 budget, which was signed by the…
How poor airport screening earned Nigeria avoidable slot in n-COVID 19 world map
Findings from two busiest Nigerian international airports, Lagos and Abuja have shown lack of official commitments on the side of relevant government agencies in charge of safety checks against n-COVID 19 (coronavirus) infections. At both Abuja and Lagos, checks and…
