Growth in interest income, FX push GTBank PAT Up 7.26% in Q3

GTBank MD, Segun Agbaje, Nigeria’s most capitalized commercial lender, Guarantee Trust Bank (GTBank) Plc reported a single digit upswing in its profit-after-tax in the third quarter 2017 financial result, buoyed by improved interest income and investment in securities. The bank financial statement released on Wednesday showed that its PAT climbed More...

by Felix OLOYEDE | Published 22 hours ago
By Felix OLOYEDE On Wednesday, October 18th, 2017
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FG tasks NNPC to Stimulate Economic Growth through Aggressive Gas Devt

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Baru made this disclosure Dr Maikanti Baru, GMD NNPC on Tuesday in Lagos during a Gas Roundtable meeting for Chief Executives More...

By Felix OLOYEDE On Tuesday, October 17th, 2017
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Ahmad’s appointment and the unending storms

FELIX OLOYEDE Aisha Ahmad Controversies surrounding the recent appointment of Mrs Aishah Ahmad as one of the deputy governors of Central Bank of Nigeria (CBN) by President Muhammedu Buhari to fill the vacancy created More...

By Felix OLOYEDE On Tuesday, October 17th, 2017
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Nigerian media needs to be more entrepreneurial, says UK multimedia expert

Dan Mason is a British media consultant and trainer, who has spent the last nine years training journalists around the globe on digital Dan Mason, managing consultant, Dan Mason Media communication and social media. More...

By Felix OLOYEDE On Monday, October 16th, 2017
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Post recession: Prices tumble, but demand stagnates

JOHNMARK UKOKO Few weeks after the Director General of National Bureau of Statistics (NBS) , DR Yemi Kalejaiye, announced that the country has exited recession, the prices of many brands have begun to fall, while More...

By Felix OLOYEDE On Monday, October 16th, 2017
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Intels threatens NPA over termination of its multi-billion naira contract

   FUNSO OLOJO The Nigerian Ports Authority (NPA) and its long standing business partner, Intels Nigeria Limited, are now locked in a fierce battle of wit over the cancellation of its multi-billion naira contract. Hadiza More...

By Felix OLOYEDE On Monday, October 16th, 2017
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Shareholders call for sack of Oando Management as crisis worsens

OKEY ONYENWEAKU These are tough times for local oil and gas giant, Oando Nigeria Plc and not many of its shareholders are smiling. The company Wale Tinubu, MD, Oando Plc. has been embroiled in a series of crisis More...

By Okey Onyenweaku On Monday, October 16th, 2017
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Ballooning debt threatens Nigeria’s feeble growth

By Okey Onyenweaku Nigeria’s ballooning debt profile has again caught the attention of International financial agencies, as the country’s budget deficit continues escalate. The International Monetary fund (IMF) More...

By Felix OLOYEDE On Monday, October 9th, 2017
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Nigeria spends $400m annually on pesticides – NSPRI

The Executive Director, Nigerian Stored Products Research Institute, Prof. Olufemi Peters, has said Nigerian farmers and agro-based companies spend $400m annually on pesticides. Prof. Olufemi Peters. Executive Director, More...