Charity Jokeda

The Federal Government completed a total of 1,375 rural power projects in various communities across the country with the sum of N45.89bn within a period of three years, the latest figures obtained from the Rural Electrification Agency, showed. Data from the agency indicated that between 2020 and 2022, the Federal Government, through its REA, undertook

The former Chairman of Seplat Energy Plc, Ambrose Orjiako, on Friday, denied any wrongdoing to the company, following various allegations levelled against him by the oil firm. On Thursday, The PUNCN reported that Seplat filed a writ of summons before the Federal High Court in Abuja, suing the ex-chairman for damages amounting to N5bn. The

Access Holdings Plc has announced that Access Bank Zambia Limited, a subsidiary of its flagship subsidiary, Access Bank Plc, has received final regulatory approval from the Central Bank of Zambia for the acquisition and merger of African Banking Corporation Zambia Limited (Atlas Mara Zambia) into its existing operations. A statement on Friday by the Company

    The bilateral trade between Nigeria and China has dropped by N37.3 bn in 2022 from the previous record in 2021, just as both countries make efforts to improve bilateral relations. The Minister and Counsellor for Economic and Commercial Affairs, Embassy of the People’s Republic of China, Wang Yingqi, who led a delegation of

During a recent briefing, one of our governors described his Kaduna State counterpart, Nasir el-Rufai, as his ‘senior brother’. It is popularly known that they are not blood brothers; the speaker was just being civil and recognising the fact that  El-Rufai is older than him. As a matter of fact, the speaker is regarded as

The management of Osun State University, Osogbo, said it has secured full accreditation of 26 under-graduate and post-graduate courses for the institution. This was disclosed by the institution’s Vice-Chancellor, Prof. Clement Adebooye, while speaking on the recent achievements of the university. A statement by the university’s Public Relations Officer, Ademola Adesoji, explained that various teams

Low-income earners have been facing challenges meeting one of the basic needs of man, shelter, due to lack of access to finance. The poor mortgage system in Nigeria has made housing unaffordable for millions, writes JOSEPHINE OGUNDEJI Nigeria’s housing shortage still persists, despite the real estate industry contributing 5.64 per cent to the country’s GDP

The Economic Community of West African States on Monday raised concern over the low contribution of Value Added Tax to the tax revenue rate in Nigeria. ECOWAS blamed the setback on policy decisions and compliance rate. The ECOWAS Director of the Customs Union and Taxation, Salifou Tiemtore, expressed the concern in Abuja during a workshop

Abbey Mortgage Bank has said it recorded N830.4m profit before tax in its 2022 financial period. The bank disclosed this in a statement to celebrate its 31st anniversary. It said, “Abbey ended 2022 with profit before tax of N830.4m, a 26.62 per cent increase from 2021 and kicked off 2023 with a new investment rating

FCMB Group Plc has announced the issuance of N20.68bn perpetual 16 per cent fixed rate resettable NC5.25 additional tier 1 capital subordinated bond as part of its N300bn debt issuance programme.  In a corporate notice signed by the Company Secretary, Olufunmilayo Adedibu, to the Nigerian Exchange Limited, the firm said the N20.68bn bond was issued