Masonry Layout

Block moulders and artisans nationwide have been enjoined to adhere strictly to quality and shun acts that could compromise the standard of their products. They were also given hints on how to detect fake or adulterated cement.

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Nigeria’s largest banking institution, Access Bank Plc (“Access Bank” or the “Bank”) and foremost business school, Lagos Business School recently reached an agreement on the funding of Lagos Business School’s (“LBS”) 350KW and 152KWh hybrid power solutions project (the “Project”) using the Sustainable Use of Natural Resources and Energy Finance (“SUNREF”) facility. 

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Flour Mills of Nigeria Plc has released its audited annual report for the year ended 31 March 2022 with 5% growth in profit after tax to N39.216 billion from N37.285 billion in 2021.

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As an economic enabler, operations of Credit Bureau in the domestic economy has facilitated access to finance by the private sector to grow to N36 trillion as at March 2022, Group Managing Director and CEO CRC Credit Bureau Limited, Dr. Tunde Poopola has said. 

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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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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. 

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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.

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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.

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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.

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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.

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