NEWS RELEASE Governor Adeleke Inspects Ilesa Road Dualisation, Tasks Contractor on Standard and Timely Completion OSOGBO – 26/03/2025- Osunstate.gov.ng Governor Ademola Adeleke today inspected the ongoing dualisation of palace – brewery junction in Ilesa, directing the contractors to ensure standard work and timely completion of the project. Speaking while onContinue Reading
United Bank for Africa, UBA, Plc has recorded N766.6 billion as profit after tax for the year ended Dec. 31, 2024. This represents 26.14 per cent increase when compared to N607.7 billion posted same period of 2023. This was made known in the bank’s audited financial results filed with theContinue Reading
The Securities and Exchange Commission, SEC, says there is no hiding place for violators in the country’s capital market. The Director-General of SEC, Dr Emomotimi Agama, gave the warning in a notice to operators obtained by the News Agency of Nigeria on Sunday in Abuja. Mr Agama said in theContinue Reading
The Bank of Industry, BOI, has launched a special intervention programme, Project Guaranteed Loans for Women, GLOW, valued at ₦10 billion to support female entrepreneurs across the country. The bank’s Managing Director, Dr Olasupo Olusi, announced the initiative on Thursday in Lagos, stating that the funding “aims to bridge theContinue Reading
The stock market extended its decline on Wednesday, with key performance indices falling by 0.44 per cent, signalling continued bearish sentiment among investors. Market capitalisation of the Nigerian Exchange Ltd., NGX, dropped by ₦289 billion or 0.44 per cent to ₦65.789 trillion, from ₦66.078 trillion recorded on Tuesday. Similarly, theContinue Reading
The Nigeria Extractive Industries Transparency Initiative, NEITI, report said the Federation Accounts Allocation Committee, FAAC, disbursed an unprecedented N15.26 trillion to the federal, state, and local governments in 2024. The NEITI FAAC Quarterly Review, released by NEITI on Tuesday in Abuja showed that the disbursements represented a historic high inContinue Reading
The stock market on Tuesday continued on a negative note as performance indices declined by 0.40 per cent. Specifically, the Nigerian Exchange Ltd., NGX, market capitalisation fell by N265 billion or 0.40 per cent to N66.078 trillion from N66.343 trillion recorded on Monday. Also, the All-Share Index dropped by 0.40Continue Reading
Treasury’s Chris Axelson stated the potential of avoiding a second VAT hike subsequent 12 months is a strong incentive to trim the fats in authorities and develop income — nonetheless, it is onerous to assume expenditure inefficiencies shall be sorted out in the subsequent 12 months. SourceContinue Reading
In celebration of International Women’s Day, Twellium Ghana, the producers of Verna Mineral Water, took a major step in recognizing and uplifting the hardworking ladies who make a residing as road sellers. As a part of its ongoing dedication to social impression and neighborhood assist, the corporate awarded a completeContinue Reading
In yet one more surprising show of disregard for public well being, Chipiku Plus at City Center in Lilongwe has been uncovered after the Malawi Bureau of Standards (MBS) swooped in and seized rotten fruits, decaying tomatoes, and foul-smelling rooster parts from its cabinets. The spoiled items, present in damagedContinue Reading