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Category: Business

Business Economy headline

UBA weathers challenging operating environment to grow revenue 7% to N494bn in 2018

Iheanyi Ejiofor April 8, 2019 No Comments headline

Alabingo Finance Report| Despite the slow economic growth in the country, United Bank for Africa pulled off a better-than-expected performance in the 2018 financial year. It grew gross earnings by…

Read More UBA weathers challenging operating environment to grow revenue 7% to N494bn in 2018
Business Economy

May 1st date for rollout of new metres by NERC not feasible, says Manufacturer

Iheanyi Ejiofor April 7, 2019 No Comments

Momas Electricity Meter Manufacturing Company Ltd. says Nigerian Electricity Regulatory Commission’s directives to begin the rollout of new meters by May 1 is not feasible or realistic. Chairman of the…

Read More May 1st date for rollout of new metres by NERC not feasible, says Manufacturer
Business Economy headline

Over 20 million bags of rice smuggled into Nigeria in three months – RIPAN

Iheanyi Ejiofor April 7, 2019 No Comments headline

The Rice Processors Association of Nigeria (RIPAN) has raised an alarm that over one million metric tons of rice have been smuggled into Nigeria in the last three months. The…

Read More Over 20 million bags of rice smuggled into Nigeria in three months – RIPAN
Business Economy headline WebTV

VIDEO: I once withdrew $10m cash just to look at —Aliko Dangote

Iheanyi Ejiofor April 6, 2019 No Comments

Aliko Dangote, Africa’s richest man on Saturday, revealed that he once withdrew $10 million just to look at it and prove to himself that he was indeed rich. He said…

Read More VIDEO: I once withdrew $10m cash just to look at —Aliko Dangote
Business Economy

NDIC has recovered N29bn from debtors of liquidated banks- Ibrahim

Iheanyi Ejiofor April 4, 2019 No Comments

Ebun Francis| The Managing Director of Nigeria Deposit Insurance Corporation ( NDIC ), Umaru Ibrahim on Thursday said the corporation has so far recovered N29 billion from debtors of liquidated…

Read More NDIC has recovered N29bn from debtors of liquidated banks- Ibrahim

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