Last week, the National Bureau of Statistics (NBS) released the Q1-2022 GDP figures showing that the Nigerian economy expanded by 3.1% y/y in real terms in what was broadly a positive surprise as the growth print topped consensus expectations and our in-house forecast.
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Excitement In Shareholders Camp As FirstBank Sheds NPL Burden
With a significant cut in its impairment charges (which translates into a clean loan book) in its 1Q, 2022 results, after it successfully brought down its non-performing loan to 6.1 per cent in 2021 full year performance, analysts say the repeat of the impressive performance of FirstBank in the first quarter did not only show the consistency in its rebound, but that it demonstrated the fact that the recovery is real.
Read More »RTEAN Dissociate Self From Rumours On Illegal Levies Charged Motorists, Tricycle Operators In Bayelsa
The Bayelsa state chapter of the Road transport employees association of Nigeria (RTEAN), have lauded the Bayelsa state government on the construction of the new ultra modern bus terminal in Igbogene, a suburb of the state capital, Yenagoa.
Read More »NGX Commend ICAN For Upholding Impeccable Ethical Disposition And Integrity
Nigerian Exchange Limited has commended the Institute of Chartered Accountants of Nigeria (ICAN) for its leading role in producing world-class chartered accountants, as well as regulating, and continuously enhancing their ethical standards and technical competences in the interest of the capital market and the Nigerian economy as a whole.
Read More »Nigeria’s Next Generation Are Challenging The Status Quo Of Family Businesses – PwC’s NextGen Survey 2022
Nigeria’s NextGeners say driving family business growth by adopting technologies and upskilling is a top priority post the pandemic.
Read More »Sterling Launches Imperium Platform For Solar Energy Consumers
Sterling Bank Plc, Nigeria's leading digital bank, has launched a new and innovative digital product, known as the Imperium Platform, in a bid to connect consumers and providers of renewable energy (solar solutions) as a viable solution to Nigeria's electricity crisis.
Read More »Kuchingoro IDP Camp: Where Water, Sanitation Health, Facility Maintenance Are Collective Responsibility
The Kuchingoro camp sheltering Internally Displaced Persons (IDPs) at the Federal Capital Territory, Abuja is …
Read More »ISPS Code Key Component Of Maritime Security Architecture In Nigeria
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Bashir Jamoh says that the implementation of the International Ship and Port Facility Security Code, ISPS, is a major component of the security architecture NIMASA is implementing in the Nigerian maritime domain.
Read More »Dangote Refinery to Expose Nigeria’s Downstream, Midstream Sectors to Int’l Markets
The coming on stream of the 650,000 barrels-per-day Dangote Petroleum Refinery will guarantee availability of high quality environmentally compliant products in Nigeria, regional markets in West Africa, Southern Africa and inter-continental markets.
Read More »Nigerians Told To Embrace Alternative Fuel To Cushion Current Global Energy Crises
As the nations of the world initiate transition from fossil fuel to renewable energy to mitigate the current global energy crises, Nigerians have been told to embrace the alternative source of energy that is sustainable .
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