Business News

Fidelity Bank Grows Profit by 65.1% As Profit before Tax Hit N16.2bn In 9M 2017

Following its impressive half year audited financial results, top Nigerian bank, Fidelity Bank has again posted another impressive financial performance for the 9 months period ended September 30, 2017. Details of the lender’s  9 months financial results, released at the Nigerian Stock Exchange (NSE) today showed a remarkable growth in key revenue lines and improved […]

Business News

Adesina Donates $250,000 World Food Prize To Youths In Agric Business

Nigeria’s former Minister of Agriculture and rural development, Akinwumi Adesina had announced that his $250,000 World Food Laureate Cash prize will serve as funds to African youths that are into agriculture business. Adesina was honoured due to his commitment to boosting agriculture and food supply and for inspiring youths both as Minister of Agriculture and President […]

Business News

Africa’s prosperity:Osinbajo, Obasanjo, Mbeki, Dangote, Tasks AfroChampions On Job Creation

For Africa to attain its desired goal in real growth and development,prominent African leaders and top entrepreneurs across the continent have decided to work effectively together towards integrating their economies to enable free trade among its members. Specifically,Vice-President of Nigeria, Professor Yemi Osibajo,  Former President of Nigeria, Olusegun Obasanjo, former President of South Africa, Thabo Mbeki, and president of […]

Business News

Buhari Told Us To Shift Focus To Northern Nigeria, and It Has Been Difficult For Us – World Bank

The President of the World Bank Group, Jim Yong Kim, said on Thursday that the bank had concentrated on the northern region of Nigeria in line with President Muhammadu Buhari’s request. Kim and the Managing Director, International Monetary Fund, Christine Lagarde, who spoke at separate press conferences in Washington DC, United States, also advised Buhari […]

Business News

Oil Prices Stabilise

Oil prices are currently trading flat, after the Organisation of Petroleum Exporting Countries (OPEC) stated that the market is gradually tightening, after years of oversupply. This comes as OPEC forecasts higher demand for its oil in 2018 and its production-cutting deal with rival producers was clearing the glut after more than three years of excess. […]

Business News Politics

$26bn Fraud Allegations: Party Seeks Kachikwu’s Resignation, NNPC GMD’s Suspension

Minister of State for Petroleum Resources, Dr Ibe Kachikwu, and NNPC Group Managing Director, Dr Maikanti Baru More reactions have continued to trail the recent letter written by the Minister of State for Petroleum Dr Ibe Kackiwku to President Muhammadu Buhari. Kackiwku in the letter alleged that the Group Managing Director of the Nigeria National Petroleum Corporation […]

Business News

kachikwu’s Alarm Carion Call Mr. president

One  thing that is certain about the memo to President Muhammadu Buhari by the Minister of Petroleum Resources is that only a few people would clearly understand its message.   With an entrenched, parochial and clannish disposition to virtually every national discourse, made more manifest in a climate of constantly clashing political and economic interests, […]

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