Jaiz Bank Grows Half Year Profit by Over 71% Financial results of Jaiz Bank Plc for the second quarter ended 30 June 2021 was released to the Nigerian Stock Exchange, showing a 70.6% growth in Profit After Tax (PAT), from...

DBN gets 'AAA' Rating from AGUSTO & CO. The foremost credit rating agency, Agusto & Co. (“Agusto”) assigns an “Aaa” rating on the Development Bank of Nigeria Plc (“DBN” or the “Bank”), the highest rating possible on any institution. In...

FG, States, LGCs Share 733.1bn for June 2021 The Federation Accounts Allocation Committee (FAAC) has distributed a total sum of N733.095 billion as June 2021 Federation Account Revenue to the Federal, States and Local Governments Councils. This was contained in a...

Buhari Kick-Starts Ranching In Katsina with N6.25bn Approval President Muhammadu Buhari has approved N6.25billion to set up ranches in Katsina State, Malam Garba Shehu, the President’s Senior Special Assistant on Media and Publicity, said in a statement on Friday. The statement...

OPEC says Nigeria's Oil Output down by 11.47% in Q2’21 Apparently in a bid to comply with the output quota of the Organisation of Petroleum Exporting Countries, OPEC, Nigeria’s oil output dropped 11.47 per cent year-on-year, YoY, in the second...

Row as Stakeholders Accuse FAAN of Diverting Security Tax Officials of international airlines that operate in Nigeria have alleged that the Federal Airports Authority of Nigeria (FAAN) had diverted the multibillion-naira security tax it collected from passengers for the provision...