President Muhammadu Buhari has ordered his cabinet to provide a flood prevention plan in 90 days and develop a comprehensive action plan to prevent future disasters in the country. This was disclosed in a …
Western Africa
- PoliticsSouthern AfricaWestern Africa
The Nigerian House of Reps has assured foreign airlines that the Federal Government will facilitate the repatriation of up to half of their trapped funds by the end of 2022. This was …
- Banking, Finance & InvestmentBusinessINVESTMENTNigeriaWestern Africa
UBA witnesses a nine-month profit increases by N116 billion
UBA, United Bank of Africa’s profit for the nine-month period from January through September hit its peak level ever this year, catapulted by reasonable growth in interest income, its financial …
- Banking, Finance & InvestmentBusinessNigeriaWestern Africa
Union Bank of Nigeria’s shares witnessed an increase after Titan Trust’s mandatory takeover offer
Union Bank Of Nigeria‘s shares witnessed an increase on Tuesday since June 14 as the market was awash with buy orders from investors following an announcement of a tender offer …
- NigeriaWestern Africa
United Kingdom and United States alerts its citizens of a possible terrorist attacks in Abuja
The United Kingdom and the United States of America have warned their citizens in Nigeria of a possible terrorist attack in the country’s capital city Abuja. The warnings were contained …
- BusinessEnergyNigeriaOil & GasWestern Africa
Shell Petroleum Development Company to resume crude oil export operations at Forcados Oil Terminal
Shell Petroleum Development Company (SPDC) has resumed export operations at the Forcados Oil Export Terminal, where repair works on the pipeline went in for weeks. The SPDC’s media relations manager, …
- Banking, Finance & InvestmentBusinessNigeriaWestern Africa
Polaris Bank names a new board and management
Polaris Bank has named a new board and management a day after the Central Bank of Nigeria announced the sale of the lender to Strategic Capital Investment Limited. The new board …
- BusinessNigeriaWestern Africa
RSNL announces the reopening of Shoprite Lekki Mall after EndSARS incident
RSNL, Retail Supermarket Nigeria Ltd winners of Shoprite in Nigeria, has announced the resumption of commercial activities at its store in Circle Mall, Jakande, Lekki area, after a 24-month-long closure. The …
- BusinessBusiness and EconomyNigeriaWestern Africa
Nigerian Government warns against CBN’s proposed loan recovery from FAAC revenue
Nigerian Government have warned that given the constant reductions in FAAC Allocation to states, it would be suicidal if the Central Bank of Nigeria (CBN) goes ahead to carry out its proposed recovery of …
- BusinessBusiness and EconomyEconomyNigeriaTechnologyWestern Africa
Federal Government declares non-necessity for state of emergency, insists Lagdo Dam is not responsible
The Federal Government said there is no need to declare a state of emergency over the tragic flooding incidents across the country. This was made known on Thursday night by the …