The African Development Bank (AfDB) on Wednesday announced the banning of a Nigerian company, Maxicare Company (Nigeria) Limited for 36 months with effect from 23 February this year over fraudulent practices. The development finance institution stated that company’s debarment was to the findings of an investigation conducted by its Office of Integrity and Anti-Corruption which […]
“Again, if the governors had been proactive in fiscal matters, the apex bank would not have further been burdened by giving them loans and such funds would have been deployed to other needy areas with potential for improved job creation and Gross Domestic Product (GDP) growth for the country.”
The Securities and Exchange Commission (SEC) at the weekend re-iterated the need for investors in the nation’s capital market to register for e-dividend so that they can receive the benefits of their investments in the capital market. The commission’s Executive Commissioner Operations, Mr. Dayo Obisan, gave the charge during an interview in Abuja. Obisan said […]
Generation Africa, has announced, for the third year, the opening of its ground-breaking US$100,000 GoGettaz Agripreneur Prize Competition being organised to inspire agrifood entrepreneurs to use their energy, courage and creativity to solve the biggest problems facing Africa’s food systems. Launched on 19 April 2021, this year’s competition aims to expand the GoGettaz community of […]
TAJBank, Nigeria’s leading non-interest banking services provider, has recorded the highest earning per share (EPS) in the nation’s banking industry with its shareholders earning N11.82 per share, representing an appreciation of 1,182% on every N1 investment by them in the financial year 2020. This is even as the lender reported N845 million Profit After Tax […]
Automack has partnered MTN Nigeria to unveil the Audiomack+MTN Data Bundle programme which offers MTN subscribers in the country tailored data bundles for streaming unlimited music and accessing content of Audimack free of data charges. A news report distributed on behalf of MTN Nigeria by African Press Organization (APO) Group, indicated that the partnership will […]
Spurred by the disruptions created by the COVID-19 pandemic in the global economic space, Apple’s iPad sales significantly grew in 2020, as lockdown measures forced millions of people worldwide to work from home. Introduced in 2010, the iPad was a pioneer in the tablet market, aiming to fill a gap between smartphones and laptops. According […]
The Nigeria Extractive Industries Transparency Initiative (NEITI) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) have agreed to cooperate on anti-corruption crusade in the nation’s extractive industries. A statement issued on the partnership of the two agencies by NEITI’s Head, Communications and Advocacy, Mrs. Obiageli Onuorah, on Wednesday indicated that under the […]
Heritage Bank Plc has again demonstrated its commitment to the growth of the creative and entertainment sector by supporting the “Rita Dominic Acting Challenge.” The bank, in collaboration with a foremost Nigerian actress and Co-founder of the Audrey Silva Company, Rita Dominic, launched an acting challenge for aspiring actors to recreate a scene in a […]
The Senate on Wednesday approved a total of N1.678 trillion revenue target for the Nigeria Customs Service (NCS) for the 2021 fiscal year. The Upper Chamber also, in a news report by the News Agency of Nigeria (NAN), at the plenary approved a total expenditure of N257 billion for the Service, including retained earnings for […]