Shelter Afrique unveils new five-year strategic plan
Leading continental real estate giant and pan-African housing development financier, Shelter Afrique has unveiled a five-year strategic plan to restore the Institution’s performance, competitiveness, and value creation for the long term. Shelter Afrique unveiled the plan during a Ministerial and…
NCDMB assures Continuous Support to Local Content Development in Africa
The Nigerian Content Development and Monitoring Board (NCDMB) is ever ready to support other African nations in developing and implementing local content policies as a strategy for improving indigenous participation and value optimization from hydrocarbons and mineral resources. The Executive…
New Notes: Shutdown in Lagos, others as banks go off network, standstill
Banking activities on Tuesday, January 31, 2023, across commercial banks in Lagos and other major Nigerian commercial cities were frustrated by hanging network experiences which lead to little or no transactions by many customers who either wish to deposit, withdraw…
TotalEnergies: Improved revenue pushes EPS growth of 13.0% y/y in Q4-22
TotalEnergies Marketing Nigeria Plc (TOTAL) has published its Q4-22 unaudited financials reporting EPS growth of 13.0% y/y to NGN11.57 in Q4-22 (Q4-21: NGN10.24), supported by improved revenue (+46.6% y/y) and lower operating expenses (-10.1% y/y). Meanwhile, 2022FY EPS declined by…
NDPB: GT Bank, Zenith being investigated on unlawful 3rd party disclosures
Considering gross allegations of unlawful disclosure of banking records to a third party, unlawful access and processing of personal data, the Nigeria Data Protection Bureau (NDPB) has opened investigation on data breach by the concerned two banks. The banks are…
Digital banking and the hiccups within
By Sonny Aragba-Akpore Despite the beauty associated with the advent of digital banking ,the pitfalls are unbearable to victims. From about 1987,when banks introduced technology into their banking operations ,it was received with excitement by Nigerians who saw this as…
Banana Island, Nigeria’s Most Exclusive Estate Where Richest Nigerians Live
Who are you here to see?” Even though I expected the question, it still feels off guard. I convinced the security guards at the main gate that I have been invited and after a call to the person I am…
Corruption: Ranking 150 out of 180 under Buhari’s 8 years means he failed
The Civil Society Legislative Advocacy Centre (CISLAC), and Transparency International (TI), on Tuesday released the 2022 Corruption Perception Index, CPI, showing that Nigeria ranked 150 out of 180 countries. The Executive Directive, CISLAC/TI-Nigeria, Auwal Rafsanjani in a press briefing in…
Petronella drags INNOSON to FCCPC for delivering substandard cars
A company named Petronella (Nig) Limited has sued INNOSON Vehicle Manufacturing (IVM) Company owned by Chief Innocent Chukwuma to the Federal Competition and Consumer Protection Commission (FCCPC) over failure to deliver all twelve vehicles paid for with manufacturing specifications. The…
Dangote emerges as Vanguard’s personality of the year
The Management of Vanguard Newspapers over the weekend bestowed the honour of “Personality of the Year” on the President of Dangote Group, Aliko Dangote. The Newspaper rolled out red carpet in celebration of men and women who have distinguished themselves…
