Business

The Economist Intelligence Unit (EIU) which is the research arm of The Economist Group, publishers of The Economist magazine has ranked Nigeria’s commercial capital, Lagos as the 2nd least livable city according to its Global livability report 2017. The ‘Centre of Excellence’ as the city is fondly described by Nigerians …

  …We’re not the one delaying, all we need is authenticated list from community-Oil Firm By Anietie Esu More than 1000 aggrieved youth of the host community of Universal Energy Resources, an oil company, defied the heavy downpour on Monday to stage a peaceful protest against what they alleged as …

PHOTO: nigerianbulletin.com Diamond Bank Plc has posted profit before tax of N10.8 billion in its half-year result, against N10.4 billion posted in the corresponding period in 20162.8, a per cent rise. A breakdown of its First Half (H1 2017) financial results released on the floor of the Nigerian Stock Exchange …

Group Managing Director of the bank, UK Eke FBN Holdings Plc has announced 7.8 per cent rise in gross earnings for the six months ended June 30, 2017. Specifically, the bank posted gross earnings of N288.8 billion, over N267.9 billion achieved in the corresponding period of 2016. However, the bank’s …

Yemi Adeola, MD, Sterling Bank Sterling Bank Plc, has achieved gross earnings of N57 billion for the half year ended June 30, 2017, representing a growth of 14 per cent over the corresponding period of 2016. Other performance indicators showed that net interest income increased by 5.4 per cent to …

Commissioner for Insurance, Alhaji Mohammed Kari The National Insurance Commission (NAICOM), has called for joint efforts to reposition the profession, and rebrand the Chartered Insurance Institute of Nigeria (CIIN). The Commissioner for Insurance, Mohammed Kari, made the call at the 48th investiture of Funmi Babington-Ashaye, as the new CIIN President …

Dr. Abraham Nwankwo, DMO boss In June, the nation’s 2017 fiscal bill of N7.44 trillion (about $24.5 billion) was enacted into law. But in it, $7.5 billion (about N2.3 trillion is short of revenue target, popularly known as deficit. This shows about 31 per cent of the entire budget. For …

The Chief Executive Officer, Unity Bank Plc, Mrs. Tomi Somefun, said the success of the partnership with BoI is a testament to the fact that despite the difficulties of accessing credits by this segment of the market. Photographer: George Osodi/Bloomberg Following the execution of a Memorandum of Understanding (MoU) with …

First Bank The Nigeria Deposit Insurance Corporation (NDIC) has secured a landmark judgement to the tune of N556.49 million for the depositors of the defunct Lead Merchant Bank Limited. The judgement, delivered by Justice Ibrahim N. Buba of Federal High Court, Lagos, was in a matter instituted by First Bank …

Chairman, SPE Nigeria Council, Dr. Saka Matemilola Saka Matemilola is the Chairman of Society of Petroleum Engineers (SPE), Nigeria Council. In this interview with Roseline Okere, he emphasized the need to pass the oil and gas fiscal policy bill. What do you think of the National Oil Policy newly approved …