Polaris Bank has offered free entry to local and international airport lounges to its customers.
In a statement on Thursday, the bank said that its customers who open its Polaris Select Plus Account would get free entry to local and international airport lounges across the globe.
The bank said that new customers could open the Select Plus Account and an existing customer could migrate their…
Barring any last-minute change of heart, the Federal Government will in the next one or two weeks begin the demolition of multibillion-naira private jet hangars located at the Murtala Muhammed International Lagos.
The Federal Government said the hangars were obstructing the…
The manager of Nigeria’s sovereign wealth fund, the Nigeria Sovereign Investment Authority, grew its net assets by 10 per cent from N919.73bn in 2021 to N1.02tn in the 2022 financial year.
This was disclosed in its audited results for the 2022 financial year, which was…
The Minister of Aviation, Hadi Sirika, has agreed to lead a delegation saddled with the responsibility of improving bilateral trade and collaboration between Nigeria and Pakistan.
Sirika accepted this offer when a team from the Africa Center for Asia Studies, International Institute for Peace leaders, UN-Geneva, Ajaokuta Chamber of Commerce, Industry, Mines and Agriculture, and other partners paid…
World Bank has said developing counties including Nigeria have huge investment needs due to their inadequate infrastructure and other challenges.
As such, the Washington-based lender called on policymakers to create an environment conducive for investment and devoid of…
Dangote Industries Limited has completed the listing of the firm’s N300bn series 1 and 2 bonds on Nigerian Exchange Limited and the FMDQ in Lagos.
The Group Managing Director of DIL, Olakunle Alake, during the listing ceremony, told investors that the bonds were primarily…
United Bank for Africa on Thursday said it recorded N201bn profit before tax in its 2022 financial period.
The bank disclosed this in a statement on its audited financial results for the full year ended December 31, 2022, titled, ‘Full year 2022: UBA delivers strong results as profit hits N201bn’.
It stated that, “Despite the highly challenging global economic and business environment, UBA…
First Bank of Nigeria Limited has announced a phased corporate name change for its subsidiaries in the United Kingdom and Sub-Saharan Africa.
The bank disclosed this in a statement by the Group Head, Marketing & Corporate Communications, First Bank, Folake Ani-Mumuney…
Globacom has launched new MiFis and routers to improve customer Internet access.
According to the company, about 32 Wi-Fi devices can be connected to the router, including smartphones, tablets, laptops, smart TVs and game consoles.
He said that there is currently a…
Energy company, Oando Plc on Wednesday said its profit after tax rose to N34.7bn in the 2021 financial period.
The group disclosed in a statement on Wednesday on its audited results for the year ended December 31, 2021 that this was from a loss after tax of N140.7bn reported in 2020.
It also said its total group borrowings increased by 10 per cent to N460.8bn compared to N419.6bn recorded in…