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Ecobank Group Reports 63% Jump In Pre-tax Profit For Q2 2023

Ecobank Group released its 2023 second-quarter results showing a 63% increase in pre-tax profits to N92.52 billion. The increase in second-quarter profits helped its half-year profit before tax to rise by 38% to N150.31 billion compared to N108.96 billion...

ESG Compliance Critical To Attracting Investments In Capital Market – Chiemeka

The Divisional Head, Capital Markets at Nigerian Exchange Limited (NGX), Jude Chiemeka, has highlighted the importance of Environmental, Social, and Governance (ESG) compliance and the democratization of data in attracting investments and enhancing stock liquidity in the Nigerian capital...

Inflation May Hit 25% By Q4, NECA Warns FG

The Nigeria Employers Consultative Association has warned that the continuous rising of inflation, if not controlled can hit 25 per cent before the end of the years 2023. The Director-General, NECA, Mr. Wale Oyerinde, In a statement, said the recent...

FRSC/NCS Ready For Immediate Integration Of National Vehicle Information Database

The Federal Road Safety Corps (FRSC) and Nigeria Customs Service (NCS) have commenced an intensive vehicle database integration of the two government agencies. The collaboration, according to a release signed by Corps Public Education Officer, ACM Bisi Kazeem and ...

Court Sets Date For Judgment in Mobil’s Suit Against NMDPRA

A Federal High Court, Abuja, on Thursday, fixed 25 October for judgment in a suit filed by Mobil Producing Nigeria Unlimited against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in respect of its operations in Oil Mining...

NDLEA Arrests Artistes’ Manager, Businessman Who Sell Drugs At Lagos Clubs

July 30, (THEWILL) - The National Drug Law Enforcement Agency (NDLEA), has arrested a Lekki-based artistes’ manager and his Ikoyi businessman accomplice, who specialise in distributing illicit drugs to fun seekers at VIP night clubs and lounges in Lekki...

Nigeria’s Debt Service Rose 100% in 2022 – DMO

The Director General, Debt Management Office (DMO), Patience Oniha, has again pushed for policies and actions that will galvanise revenue generation and generally stimulate economic growth. She noted that while Nigeria’s debt to GDP ratio, at below 25 per cent,...

Refineries Repair: NNPC Fails on Mid-2023 Delivery Target As Businesses, Citizens Languish

Nigeria’s four refineries in three locations – Port Harcourt (2), Warri and Kaduna – with a combined refining capacity of 650,000 barrels per day, are idle – the state they have been in for about 15 years. Meanwhile, businesses...

Bayelsa Guber: Diri Assures Opponents of Level Playing Field

Governor Douye Diri of Bayelsa State has asked politicians in the state not to prepare for violence in the November 11 governorship election, saying the poll is about votes and not guns. Governor Diri also urged his opponents to contest...

OPINION: Keeping Hope Alive

The story that is on every lip and also trending widely is that “life is hard.” It is indeed true. The times are tough and Nigerians are no longer smiling due to unbearable economic hardships. Who will protect the...

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