Metro

The Federal Government, 36 States and FCT as well as 774 Local Governments on Thursday shared N698.7 billion for the month of September. The Minister of Finance, Mrs Zainab Ahmed, said this in Abuja, while briefing newsmen on the outcome of the Federation Account Allocation Committee (FAAC) meeting. Giving a breakdown of the revenue accrued in September to be distributed …

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Special fraud unit of the Nigeria Police force has filed amended criminal charge against a legal practitioner Barrister Chito Ezeani, a businessman Linus Uchenna Okoro, and a limited liability company Amazing Grace properties and agency alleged to have been involved in obtaining by false pretence. In the amended seven count criminal charge number FHC/L/163C/2018 filed before a Federal high court …

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Photo Caption: Regional Executive, Abuja & North, Heritage Bank Plc, George Oko-Oboh paid courtesy visit to Adamawa State Governor, Alhaji Mohammed Jibrilla Bindow in his office yesterday Advertisement

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Ben Akabueze, director general of the Budget Office, says the Nigerian National Petroleum Corporation (NNPC) is paying N53 on every litre of petrol consumed by Nigerians. Speaking on Wednesday at the Strategic Dialogue on the Morocco-Nigeria Relations in Abuja, the DG said Nigeria would have been celebrating high oil prices but it isn’t. At the Department of Petroleum Resources’ estimates …

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A couple who reside in Abeokuta, Ogun State, have been delivered of their first baby after 40 years of marriage. A press release signed by Chief Information Officer, Ogun State Ministry of Health, Mr. Orunbon Ademola, noted that the 66-year-old first-time parents were also visited by the Ogun State Governor, Ibikunle Amosun, who felicitated them, describing the joyous incident as …

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The philanthropist gesture of the President of the Dangote Group, Aliko Dangote, was recognised and highlighted by Richtopia, a United Kingdom-based digital periodical that covers business, economic and financial news on Wednesday, as the richest man in Africa was named the sixth most charitable man in the world. Warren Buffett, Bill Gates and J.K Rowlings occupied the first three positions, …

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Some shareholders of Sterling Bank Plc have expressed excitement over the 39 per cent profit growth for the nine months ended September 30, 2018, recorded by the financial institution, saying it will translates to higher dividends at the end of the year. Sterling Bank sustained its steady growth in profitability with profit before tax growing by 29.5 per cent to …

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Union Bank recently held the first edition of its annual education fair, edu360 in Lagos, drawing stakeholders from across the education ecosystem including teachers, parents, school owners, investors, students and other key participants. The event tagged “Investing in the Future”, took place at Harbour Point in Victoria Island and served as a platform for collaboration among the education sector stakeholders, …

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Tata Consultancy Services (TCS), a leading IT services, consulting and business solutions organization has announced that two of its TCS BaNCS customers in Africa: Central Securities Clearing System (CSCS) Plc., the Central Securities Depository (CSD) of Nigeria, and South Africa based Standard Bank, have successfully completed a pilot using the Quartz Blockchain technology for cross-border corporate action information exchange using …

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The International Press Centre (IPC) Lagos-Nigeria has appealed for the release of two journalists abducted since Saturday night. In a release made available by IPC’s Safety Desk Officer, Melody Akinjiyan, Mr. Jerry Jojo- Gana and Mr. Uboh were abducted at about 10p.m on Saturday October 20, 2018, while returning from work in Nasarawa State. According to Report from Vanguard Newspaper, …

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