Unity Bank Plc has posted gross earnings of N27.6 billion for its half-year results, representing a growth of 17 per cent year-on-year.
In its unaudited half-year financials submitted to the Nigeria Exchange Group Limited, the bank also made significant improvements across key performance indicators.
The bank grew Profit Before Tax (PBT) by 23 per cent which rose to N1.8 billion from N1.5 billion…
A Lagos-based 28-year-old man, Damilola Areje, has allegedly absconded with a 2019 Mercedes Benz GLE 43, worth N52 million, and $700 worth of Bitcoin belonging to a 32-year-old businesswoman, Nneka Chiemelu, who is into real estate and construction.
According to Miss…
The National Agency for Prohibition of Traffick in persons (NAPTIP) in collaboration with partners, said it had deepened its commitment to end cases of child labour, abuse and trafficking for sexual exploitation in the state.
The Head of the agency in the state, Mrs Bertha…
Workers of Addax Petroleum Development Nigeria have embarked on strike in protest against anti-labour practices by the firm, causing possible reduction in Nigeria’s crude oil production by 22,000 barrels per day.
Addax, owned by China’s Sinopec Group, has four Oil Mining Licences, OML 123, 124, 126 and 137, and operates the assets in Production Sharing Contract with the Nigerian National…
The Minister of Works and Housing, Babatunde Fashola, on Thursday declared that the collection of two to three years’ rent in advance by property owners was causing more harm than good to Nigeria’s economy.
Fashola, who intensified the push for monthly rent payments…
Four million, seven hundred and sixty-nine thousand, six hundred and eighty-five million subscribers have gotten Subscriber Identity Modules since the Federal Government barred outgoing calls from SIMs that have not been linked to their National Identification Numbers.
This…
TotalEnergies has begun oil production from the Ikike field located in oil mining lease (OML) 99.
The field, owned jointly with the Nigerian National Petroleum Company (NNPC) Limited, was discovered in 1977, with TotalEnergies (the operator) holding 40 per cent shares and NNPC 60 per cent shares.
Located 20 kilometres off the coast, at a depth of about 20 meters, the Ikike platform is tied back to…
Dangote petrochemical plant to position Nigeria as polypropylene hub in Africa
July 29, 2022
Dangote’s $2 billion Petrochemical Plant located at Ibeju-Lekki, Lagos State, when fully operational will position Nigeria as one of Africa’s largest petrochemicals hubs and boost non-oil export earnings for the country, according to the Dangote Group President, Aliko…
Leading digital technology solutions providers, innovative users and digital savvy states have been honoured at the 18th Annual Titans of Tech Awards which held in Lagos.
African Data Centre was crowned as the Most Innovative Data Centre Service Provider Of The Year, Zoho…
The NASFAT Agency for Zakat and Sadaqat (NAZAS) in partnership with Havek Leadership Academy has trained 15 business Owners.
The training tagged “Train-to-fund” Scheme was meant to empower some Nigerians.
The Two days training programme organised for those shortlisted during the application for financial support from the agency.
General Manager of NAZAS Muftau Adelotan said the scheme was an…