Business

Presidency raises alarm over NNPC’s non-completion of PH refinery

The presidency has expressed concern about the Nigerian National Petroleum Company (NNPC) Limited’s failure to meet key milestones crucial to President Bola Tinubu’s administration’s goals. Sources from The Cable reveal that Hadiza Bala Usman, special adviser to President Tinubu on…

UBA GMD Alawuba Appointed Chairman, CIBN Body of Banks’ CEOs

UBA GMD Alawuba has been appointed Chairman, CIBN body of Banks’ CEOs. NewsOnline Nigeria reports that the Group Managing Director/Chief Executive Officer, United Bank for Africa, (UBA) Plc, Oliver Alawuba has been appointed as the Chairman of the Chartered Institute…

Zenith Bank wins ‘Best Commercial Bank in Nigeria’ and ‘Best Corporate Governance’ awards

Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2024, retaining the award for a fourth consecutive year. The bank was also named as Best Corporate Governance, Nigeria for the third year running…

NNPCL reveals reason behind FCT petrol scarcity

The Nigerian National Petroleum Company Limited, NNPCL, has blamed the scarcity of the Premium Motor Spirit, PMS, also known as petrol, on the disruption of ship-to-ship transfer of petrol. This is contained in a statement by the NNPCL Chief Corporate…

Nigerian economy will take better shape in few months – Dangote

The Chairman of Dangote Group, Aliko Dangote has said that with the right policies implementation, Nigeria’s economy will be revamped in a few months. Dangote expressed this optimism at the inauguration of the Presidential Economic Coordination Council, PECC, by President…

9mobile announces Obafemi Banigbe as new CEO

Emerging Markets Telecommunication Services Limited (EMTS), operating as 9mobile, has appointed Obafemi Banigbe as its new Chief Executive Officer. This announcement marks a significant step in the company’s ongoing business transformation efforts. Banigbe succeeds Juergen Peschel, the outgoing CEO, who…

Steve Ballmer, who was once Bill Gates’ assistant, is now richer than his onetime mentor

Steve Ballmer passed Bill Gates on Monday to become the sixth-richest person in the world, the first time the former chief executive officer of Microsoft Corp. has been wealthier than the company’s co-founder. The move came as Microsoft shares rose…

My journey from single mom tomato hawker to owner of thriving business – Entrepreneur

Plateau State University graduate Gladys Markus speaks with TEMITOPE ADETUNJI about how she bravely navigated adversity as a single mother, transitioning from street tomato hawker to establishing her own food store brand in Jos Could you elaborate on your journey…

Obi Cubana Opens Tricycle Assembly Plan In Ikorodu

Businessman and socialite, Obi Cubana has opened a tricycle assembly plant at Ikorodu in Lagos. Cubana who made this known in a statement said the outlet will come alive in a few weeks. “Our Ikorodu outlet comes alive in a…

How staff members react to closure of Heritage Bank

Heritage Bank employees have shared varied reactions to the bank’s recent closure. The Central Bank of Nigeria (CBN) announced the revocation of Heritage Bank’s licence on 3 June after weeks of unstable operations that left many customers stranded. The CBN…