It costs N120 to produce 1KwpH of electricity – Minister
The minister of Power, Adebayo Adelabu, has stated that the cost of generating a kilowatt per hour of electricity is N120, reasoning why the federal g
Business
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Adebise, Adedibu join FCMB board as non-executive directors
First City Monument Bank (FCMB) Limited has welcomed two new members to its board of directors. They are Mr Ademola Adebise, a respected figure in the
How market cap dropped by N8.9tr over audit failure – FRC
The Financial Reporting Council of Nigeria (FRC) has lamented the collapse of corporate entities owing to audit failures, saying audit failures are “
FG issues $500 million five-year domestic dollar bond at 9.75%
The federal government has officially issued a $500 million domestic dollar bond, opening for subscription on August 19, 2024. This bond, part of the
Union Bank records N79.8bn half year PBT
The Union Bank of Nigeria has reported a profit before tax of N79.8 billion on gross earnings of N333 billion during the half year ended June 30, 2024