Dangote Sugar Refinery Plc has urged government to faithfully follow through the Backward Integration Policy in the sugar industry as the nation stands to rake in foreign exchange up to $700millon yearly from Sugar production self-sufficiency. Chairman of Dangote Sugar Refinery Aliko Dangote at its 15th Annual General Meeting (AGM) held in Lagos said that…
Trade is crucial to bridging economic gaps and boosting infrastructural development. Countries with international solid trade portfolios tend to grow faster, innovate more and provide higher incomes and economic opportunities for their citizens. Beyond integration into the global economy through trade and global value chains that help drive economic growth, open trade also benefits low-income…
– Tony O. Elumelu, CON, Chairman of United Bank for Africa, Heirs Holdings and Founder of the Tony Elumelu Foundation speaks to 21,000 youth at the Joshua Generation International Youth Conference at the University of Nigeria, Nsukka. The Chairman of the United Bank of Africa (UBA), Mr. Tony Elumelu, has stressed the need to unlock…
A Chadian lady named Vivien Tarmadji has been arrested by the operatives of the National Drug Law Enforcement Agency, NDLEA at the Nnamdi Azikiwe International Airport, Abuja. She was arrested while trying to board an Ethiopian airline flight 911 enroute Addis Ababa-Italy with 234.35 grams of heroin concealed in her private part. The trafficker who…
Guaranty Trust Bank plc has released its Audited Financial Results for the year ended December 31, 2020 to the Nigerian and London Stock Exchanges. A review of the result shows improved performance across all key financial metrics in the face of the unprecedented challenges brought on by the COVID-19 pandemic, reflecting the quality of past…
Nigeria’s First lady, Aisha Buhari has finally spoken on Monday after months of silence which had led to series of speculations about her sudden disappearance of her role as the mother of the nation. The President’s wife was reported to have relocated to Dubai in September 2020 after her daughter, Hanan got married without no…
Foremost Pan-African financial and investment services group, United Capital Plc has announced its audited results for the full year ended December 31, 2020, recording double-digit growth across all its major income lines. Despite the Covid-19 pandemic and the resultant challenging operating environment, the investment institution leveraged on increased efficiency to deliver an impressive 61 per…
The Presidency has expressed worry over reports of non-compliance with just signed Executive Order that makes mask wearing and observation of social distancing in the public mandatory, appealing to Nigerians to give their maximum cooperation for success of the policy. President Muhammadu Buhari introduced the order with the best of intentions and not with any…
Foremost Financial Institution, First Bank of Nigeria Limited is unarguably the Leader in the Banking industry in Nigeria. Its Capital base, National spread; customer-friendly products and services are second to none. The Bank’s Corporate Social Responsibility efforts cut across the nook and cranny of the country. These activities which stands FirstBank include social and health…
The United Nations Children’s Fund, which is a United Nations agency responsible for providing humanitarian and developmental aid to children worldwide, has stated that overwhelming evidence revealed that continuous closure of schools due to the COVID-19 pandemic have impacted negatively on children development globally despite increasing evidence that schools are not drivers of the virus.…