Shell posts record high $40bn profits in 2022
Shell Plc yesterday posted its highest-ever annual profit of about $40 billion in 2022, mainly due to increasing…
Fuel scarcity: CDS, IGP, Customs, NNPC, marketers, others brainstorm
The Nigerian National Petroleum Company (NNPC) Limited, on Tuesday engaged with the oil marketers and security agencies to…
FG records over $1 billion investment in automotive sector
The Minister of Industry, Trade and Investment, Adeniyi Adebayo, said that the federal government has recorded more than…
Fidelity grows profit to N52bn for FY 2022
Fidelity Bank Plc has announced an impressive growth in Profit Before Tax to N52 billion for the Full…
Moody’s downgrades 9 Nigerian banks to Caa1 from B3, changes outlook to stable
Moody’s Investors Service has downgraded to Caa1 from B3 the long-term deposit ratings, issuer ratings as well as…
Dangote, Sinoma sign new 6Mta cement contract
Dangote Industries Limited (DIL), and China Sinoma International Engineering, have signed an agreement to build an integrated six…
Nigeria, 6 others to benefit from AfDB $1m mobility fund
Nigeria and six other countries, including Kenya, Morocco, Rwanda, Senegal, Sierra Leone, and South Africa, will benefit from…
NITDA partners Uniccon Group to achieve 2030 digital literacy goals
The National Information Technology Development Agency (NITDA), is set to partner with Uniccon Group on the Federal Government’s…
AfDB, Canada announce $73.5m funding to grow agri-SMEs
The African Development Bank (AfDB) Group and the Government of Canada have established a new special fund to…
1,700 farmers benefit from World Bank’s N3.4bn grants in Enugu
About 1,700 farmers in Enugu have benefitted from N3.4 billion grants from the World Bank’s Agro-Processing, Productivity Enhancement…