The Bank of Industry (BOI) has declared N62 billion as profit before tax (PBT) in 2021 fiscal year despite the challenging operating environment caused by the Coronavirus pandemic. This was disclosed by Aliyu Dikko, the chairman of the bank’s Board of …
Northern youth council passes vote of confidence on president, Abubakar
The Northern Youth Council of Nigeria (NYCN) has passed a vote of confidence on its national president, Isah Abubakar, following his purported suspension by a splinter faction led by Mock Kure. The group in a press statement on Thursday signed by its S…
Eko Bridge: Motorists call out FG, Lagos govt as suffering intensifies
Motorists and other road users, especially those that are frequently on Eko Bridge, have cried out to both federal and Lagos State governments to end their suffering arising from long hours in terrible traffic on that bridge. Since March 23, 2022, when…
African young brains hold monthly experience sharing session
The African Young Brains is hosting a monthly experience-sharing session May 21 and 22 on its ZOOM meeting platform. African Young Brains has been consistent in supporting young leaders and emerging professionals by creating opportunities for all to he…
Why Africa must prioritise economic growth over tackling inflation -IMF
The International Monetary Fund (IMF) has advocated the need for Africa to prioritise sustaining economic growth over efforts to tame rising inflation. This is as African economies still struggle to recover from the slowdown caused by the global pandem…
AppZone acquires switching license from the CBN
AppZone, Sub-Saharan Africa’s payment infrastructure company, has received an approval in principle from the Central Bank of Nigeria to operate under the Switching and Processing license category. This will enable AppZone to further expand its transact…
Buhari meets new UAE Leader, Zayed Al Nahyan
President Muhammadu Buhari has jetted out of Nigeria to meet Mohamed bin Zayed Al Nahyan, the new President of the United Arab Emirates (UAE). A statement by the Senior Special Assistant to the President on Media and Publicity, Garba Shehu, said the Pr…
JumiaPay transactions soar to 32% in first quarter of 2022
JumiaPay transactions reached N3.2 million in the first quarter (Q1) of 2022 representing 32 percent growth, compared to N2.4 million in the first quarter of 2021. According to the company’s data, the volume of transactions for food delivery rose 32 pe…
OVH Energy partners NGO to tackle malaria
In commemoration of the 2022 World Malaria Day, OVH Energy Marketing, the leading indigenous marketer of choice, has partnered with the African Clean-up initiative, a non-profit advocacy organisation, for another edition of the Roll Back Malaria campai…
Nigeria’s Accountant General suspended over N80bn fraud
Ahmed Idris, Nigeria’s Accountant General of the Federation, who was on Monday arrested by the Economic and Financial Crimes Commission (EFCC) over an alleged N80bn fraud has been suspended indefinitely by the Minister of Finance, Budget and National P…