Business

The fashion industry, hospitality and tourism contributed over N3.2 trillion to the national economy, a report by the Federal Government’s Post COVID-19 Initiative Committee on the Creative Industry has revealed. The minister of Information and Culture, Alhaji Lai Mohammed on Thursday, gave an insight into the report recently submitted to …

Stanbic IBTC Bank PLC’s (the Bank) attention has been drawn to a publication by various online media, which purports to indicate that Ascon Oil Limited (“Ascon”) ‘retook possession’ of a property along Lekki Admiralty Way, pursuant to an alleged Court Order issued in their favour.  This is certainly a gross …

The National Union of Petroleum and Natural Gas, NUPENG, Workers has suspended its strike in Lagos State. This was contained in a “joint communique issued by the Lagos State Government and NUPENG” on Monday. The communique was jointly signed by the Lagos Commissioner of Energy and Mineral Resources, Olalere Odusote, …

Respite for drivers on e-hailing services will end later in August when Lagos State Government’s new regulations for ride-hailing services take effect. Under the new regulations, which were earlier scheduled to take effect in March, third-party operators like Uber and Bolt that have over 1000 drivers on their platforms will …

Ifiesimama Melvin Sekibo, given birth to on 18th of April 1965, is a Nigerian banker and entrepreneur adept at returning moribund companies to the path of sustained profitability. He is the pioneer and currently the CEO and Managing Director of Heritage Bank, Nigeria’s most innovative bank. A post he held …

The Managing Director and Chief Executive Officer of Heritage Bank Plc, Ifie Sekibo has said his passion for youth mentorship is hinged on his belief that it is the pathway to the economic development of the country and the African continent. Sekibo, reputed for returning moribund companies to the path …

In its bid to meet the target of revving up production to 3million barrels per day and unlock gas revenues to the tune of about $225 million in the short term and $510 in the long run for the Federation, the Nigerian National Petroleum Corporation (NNPC) has reached an accord …

See the Huge Fish Farm in Devastated by flood in Nibo, Anambra State A hardworking female entrepreneur lost her Millions worth of Investments to flood in Nibo, Anambra, According to Newsextra24 all the efforts to get the state government for intervention has allegedly hit the wall tooA blazing female entrepreneur who …

The National Leadership of the Nigeria Union of Petroleum and Natural Gas Workers has directed petroleum tanker drivers to withdraw their services from Lagos State with effect from Monday. NUPENG said on Friday that the directive followed the failure of various authorities in the state to address three major issues …

Access Bank Zambia, a subsidiary of Nigeria’s Access Bank Plc, has reached a ‘definitive agreement’ with Cavmont Capital Holdings Zambia Plc (CCHZ) to acquire Cavmont Bank Ltd. The tier-1 bank announced this latest development regarding the merger talk which has been ongoing for a while, in a statement that was …