The Secretary-General of the Association of Maritime Truck Owners (AMATO), Mohamed Sani-Bala, has declared strong support for the Eto electronic call-up system introduced by the Nigerian Ports Authority (NPA) to …
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- GOVERNMENTNigeriaTechnologyTransportation & Logisitics
- BusinessInfrastructureReal Estate
ASO Savings & Loans Reports N89 Million Profit in 2023, Grows Lending Portfolio Despite High Expenses
The Chief Executive Officer of Winhomes Global Services Limited, Mrs Stella Okengwu, has replied the Minister of Works, Engr David Umahi, over comments made about her company’s tax status and …
- DevelopmentGOVERNMENTLeadershipNigeria
New Chairperson of Women Town Planners in Lagos, Yemisi Alaka, Unveils Five-Point Agenda
The newly elected Chairperson of the Association of Women Town Planners in Nigeria (AWTPN), Lagos State Chapter, Mrs. Yemisi Alaka, has announced a five-point agenda aimed at driving growth, professionalism, …
- Banking, Finance & InvestmentEconomyFinance & ServicesNigeriaTechnology
Lovonus MFB Boss Says Microfinance Banks Are Lifeline for Millions of Nigerians
The Managing Director and Chief Executive Officer of Lovonus Microfinance Bank, Mr. Adeola Ayibiowu, has said that microfinance banks (MFBs) remain the only banking option for millions of Nigerians, especially …
British independent energy company, Savannah Energy Plc, has announced its financial results for the year ended 31st December 2024, with a total income of $393.8 million, marking a significant increase …
Crude oil refiners in Nigeria have raised alarm over their inability to access crude oil locally, blaming the situation on oil producers’ preference to sell crude to international traders in …
- Banking, Finance & InvestmentBusinessGOVERNMENTLeadershipMarkets
Femi Otedola Set to Gain Full Control of First Holdco as Otudeko, Odukale Set to Exit.
The prolonged leadership and ownership tussle at First Holdco Plc, the parent company of Nigeria’s oldest financial institution, First Bank of Nigeria, is drawing to a historic close. Multiple sources …
- BusinessEconomyFinance & ServicesManufacturingMarketsNigeria
Morison Industries Cuts Loss to N18.55bn in Q1 2025
Morison Industries Plc has reported a loss of N18.55 billion for the first quarter ended March 31, 2025, an improvement from the N28.46 billion loss it recorded in the same …
Severe flooding has hit homes and businesses in Bachure New Extension, a residential area in Jimeta, Yola North Local Government Area of Adamawa State. The disaster occurred after a heavy …
- BusinessDevelopmentELECTRICITYEnergyEnvironmentInfrastructureNigeria
Off-Grid Power in Lagos Now Bigger Than Nigeria’s National Grid, Says AFC Report
A new report from the Africa Finance Corporation (AFC) has revealed that off-grid and self-generated electricity in Lagos State has now surpassed the entire power output of Nigeria’s national grid. …