Fuel prices may rise by 300% over cost variation
• NNPC denies slashing petrol price to N488 Fuel prices in Nigeria may rise by as much as 300 per cent in certain states in line with the removal of fuel subsidies, reflecting
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Stanbic IBTC insurance floats education endowment plan
To give quality education to the young ones, the Stanbic IBTC Insurance has floated an Education Endowment Plan to help parents and guardians secure the academic future of their children or wards.
Echono: The architect building people and institutions at TETFund
Originally established as Education Trust Fund (ETF) by the Act No. 7 of 1993 as amended by Act No. 40 of 1998 (now repealed and replaced with Tertiary Education Trust Fund (Establishment,
NGX sheds N56bn as investors sell off banking stocks
Losses in Teir-one banking stocks on Friday pushed the market indices into negative territory, making investors lose N56 billion. Specifically, sell-offs in the stocks of Guaranty Trust Holding Company (GTCO), Zenith Bank,
Nigeria’s public debt jumps to N121.67trn
Nigeria’s total public debt has increased significantly to N121.67 trillion as of March 31, 2024. The Debt Management Office (DMO) in a statement yesterday evening said this figure encompasses the combined domestic
First Bank confirms Alebiosu MD, Ebong DMD
The management of First Bank of Nigeria Limited has confirmed the appointment of Olusegun Alebiosu as its substantive Managing Director/Chief Executive Officer. He has been serving as the Acting Managing Director of
Heirs Holdings convenes directors’ summit
Heirs Holdings has convened over 100 board members from across all its investee companies, at the HH Group Directors’ Annual Summit. The summit, held at Transcorp Hilton Hotel in Abuja from June
Microsoft urges Africa to leverage AI for youth empowerment, growth
Microsoft has called on governments in Africa to leverage artificial intelligence (AI) for youth empowerment and growth. Microsoft said Africa has a unique opportunity to influence what the future of work looks
Index dips by 0.08% amid losses in MTNN, 14 stocks
Despite price gains that outweighed losses, transactions on the equities sector of the Nigerian Exchange Limited (NGX) reopened on a downturn yesterday, as the All-share index fell by 0.08 per cent, amid
95% of real sector operators at shutdown point, stakeholders warn
Stakeholders in the real sector have urged the government to go beyond mere promises and save the sector from total collapse, warning that about 95 per cent of the operators in the
Lekki Port seeks stakeholders’ collaboration to unlock maritime potential
The Chief Operating Officer, Lekki Port, Laurence Smith, has charged stakeholders to work together to unlock the full potential of the maritime industry to ensure Nigeria becomes a major player in global