Business

Pantami Woos State Governors on Broadband, Obaseki Shares Experience

The Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim Pantami, Thursday in Abuja, told a gathering designed for State Governors that the potentials of broadband are so enormous that if made available for their citizens, will be...

Mixed Sentiments Trail Equity Market

A total turnover of 938.020 million shares worth N16.701 billion in 15,700 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 491.815 million shares valued at N11.922 billion that...

C&I Leasing Assures Shareholders of Enhanced Return With Expansion Drive

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C&I Leasing Plc has reiterated plans to embark on a business expansion drive in the near future to increase market share and ensure enhanced returns to shareholders. The C&I Leasing Group Managing Director/Chief Executive Officer, Mr Lenin Ugoji, stated this...

‘Geometric Power Promoters Are Exemplary Nigerians’

Promoters of Nigeria’s only electricity integrated company, Geometric Power group, are exemplary Nigerians because of their uncanny patriotism, according to Abia State governor Okezie Ikpeazu. Governor Ikpeazu was speaking at his 58th birthday colloquium in his country home of Umuobiakwa...

UBA’s Diversified Businesses Act as Hedge Against Financial Risks

Africa’s Global Bank, United Bank for Africa (UBA) Plc has said that its diversified business model in key international markets on the continent and around the world, continues to act as a hedge and to position the Group to...

Telecoms Data: Lagos, Kano, Ogun Top Active Voice Subscribers in Q2 2022

Three states in Nigeria: Lagos, Kano and Ogun had the highest number of active voice subscribers in Q2 2022. This is just as MTN had the highest share of subscriptions within the period. Data provided by the Nigerian Communications...

States’ IGR: S’West Dwarfs S’East, N’East, N’Central, N’West in Tax Revenue

Nigeria’s South-West region pooled the largest tax revenue of N516.6 billion in 2021 representing 46.7 percent of the aggregate N1,017 trillion by the entire six regions. The figure is also higher than those of the South-East, North-East, North-Central...

NASME Names Dangote, Elumelu, Udom, 81 Others For MSME Awards

October 21, (THEWILL) – The Nigerian Association of Small and Medium Enterprises (NASME) says 84 individuals and organisations are to receive its Micro Small and Medium Enterprises (MSME) impact awards. NASME in a statement, issued on Friday, by its President...

UK Sinks Deep As British Pound Tumbles Against Dollar

October 21, (THEWILL) - The British pound tumbled against the dollar Friday, on political uncertainty, after the resignation of UK Prime Minister, Liz Truss, while weak economic data added to the turmoil. The dollar strengthened also on expectations that the...

Reps Backtrack, Okays Sales Of Polaris Bank

October 20, (THEWILL) - The House of Representatives has rescinded its resolution on the ongoing sale of Polaris Bank. The lawmakers, last week directed the Central Bank of Nigeria (CBN), to immediately suspend the planned sale of Polaris bank. The...