Business

The Minister of Education redistributes two various various Federal Chancellors-Thage

By Victor Osula, Abuja The Ministry of Federal Education has announced the immediate redistribution of two pro-changers of federal universities in the field of the current efforts to strengthen governance in the nation’s tertiary institutions. In a declaration signed by the director of the press and public relations of the Ministry, Boriowo Folasade, the move was described as a step …

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The Nigerian navy saves 99 people from drawing

The Nigerian navy saves 99 people from drawing The Nigerian navy on Tuesday 29 April successfully saved ninety -nine (99) people from drawing in the waters of the river state. In a declaration signed by the director of information, the Commodore A. Adams Aliu and made available to the basic journalists on Wednesday, a rescue team from the Nigerian navy …

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NGX: Ecobank, an international beer factory among leading losers when investors were poured out by N81BN

The Bears continued to damage the Nigerian equity market on Wednesday, because investors lost ₦ 81 billion at the close of trading that day. This follows the decline in stock prices from Ecobank Transnational Inc (ETI) shares, international Breweries and Ikeja Hotel PLC (Ikeja Hotel), among others, on the trading floor. After five hours of trading in the capital market, …

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EFCC stops the e-Money on alleged abuse in currency-thage

By Ayo Kehinde According to reports, the agents of the Commission for economic and financial crimes arrested the businessman and socialite based in Lagos, Emeka Okonkwo, popularly known as electronic currency, for alleged abuses of the Nigerian currency and violation of the foreign flow. Although the EFCC has yet to officially confirm the arrest, the sources inside the agency declared …

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2025: FIRST HOLDCO Reti of 40.15% of interest in the first quarter

First Holdco Plc recorded a 40.15 percent increase for the year of interest for the first quarter of 2025, hitting N625,281 billion, led by an aggressive growth combination of loans and high interest rates. The figure, released in its first quarter of 2025, has not increased by N446,146 billion reported in the same period of 2024. The bank’s loan book …

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Customs and Excise held N921BN Drone, Fake Medicines, Others in Lagos Port

Financial Supervisory General Nigeria Customs Service (NCS), Adewale Adeniyi, on Wednesday, announced the confiscation of drones, fake pharmaceutical products, expired and not registered at the port of whatever in Lagos. The large amount of more than N921 billion also includes expired food and other controlled security equipment such as drones and walkie-talkie, among others. Details of seizures include 89 cartons …

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