FCT Pays N8 Billion Each Month in Salaries –Wike
The administration’s monthly pay expense is estimated by Nyesom Wike, Minister of the Federal Capital Territory (FCT), to be N8 billion. Read More
Olukoyede, Halima Shehu Confirmed As New EFCC Chairman, NISPA CEO
Ola Olukoyede has been approved by the Senate to assume the substantive chair position at the Economic and Financial Crimes Commission (EFCC). Read More
Breaking: Senate Reshuffles as Ashiru replaces Umahi as Senate Deputy Leader
The All Progressives Congress senator from Kwara South, Oyelola Yisa Ashiru, was named the Senate’s new deputy leader on Wednesday. Read More
Nigerian Star, Mr Ibu, Begs For Help Says My Leg Might Be Amputated
Actor John Okafor, well known by his stage name as Mr. Ibu, of Nollywood, has appealed for prayers in the wake of his struggle with an illness that may need the amputation of both of his legs. Read More
Breaking: Olukoyede, Halima Shehu Confirmed As New EFCC Chairman, NISPA CEO
Ola Olukoyede has been approved by the Senate to assume the substantive chair position at the Economic and Financial Crimes Commission (EFCC). Read More
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Pre-tax profit at Infinity Trust Mortgage Bank increased by 23.57% in the third quarter.
According to Infinity Trust Mortgage Bank’s third-quarter 2023 results, pre-tax earnings increased by 23.57% year over year to N282.33 million. Read More
BOA: 2.48% drop in Q3 pre-tax profits, $0.91 dividend.
According to Bank of America’s Q3 2023 results, pre-tax profits fell to $8.095 billion, a 2.48% YoY decrease. Read More
Parallex Bank launches a branch in Lekki, hopes to extend
Nigerian financial services company Parallex Bank opened a new location in Lekki, Lagos, on Wednesday. The bank also has ambitions to open offices in Ibadan, Abuja, Warri, and Isolo. Read More
Local Manufacturers Says CBN Forex Policy Reversal Will Kill Industry
The recent CBN regulation eliminating the restriction on access to 43 products for imports, according to Mr. Lekan Adewoye, Vice Chairman of the Manufacturers Association of Nigeria (MAN)’s Basic Metal Sector, will kill the industry, which is already barely surviving Read More
RusselSmith Gets License For 3D Solution
RusselSmith has been granted permission by the Nigerian Upstream Petroleum Regulatory Commission to use industrial non-metallic additive manufacturing solutions in the country’s oil and gas sector. Read More
