Americans who say they are financially better off under Donald Trump’s presidency are overwhelmingly white men, despite the president’s claims that “almost everyone” has felt the benefits of US economic growth since he took office.
The sharp ethnic and gender differences over Mr Trump’s...
Some officers of the Nigeria Customs Service (NCS), Nigeria Police, and the Nigerian Army have been at the centre of extortion suffered by some local farmers to an estimated N1.33 billion, facilitated through what has now been established to be a fake document by the agency whose identity …...
Out of the 69.54 million Nigerians reported by the National Bureau of Statistics (NBS) to have been gainfully employed as at third quarter of 2018, only 5 million of the total number earn a salary of N3 million and above per year, as compiled from data by Graeme Blaque Group, a Lagos-based...
Nigeria plans to invest 265 billion naira ($732 million) in broadband infrastructure over the next four years as the government sets its sights on nationwide coverage and to boost an economy recovering from a 2016 contraction.
The government will provide 65 billion naira for the project and...
A major debt burden is weighing heavily on Western Metal Products Company Limited (WEMPCO) Group as it plans to sell its flagship five-star Oriental Hotel, BusinessDay has learnt.
According to a document seen by BusinessDay on Tuesday, owners of the Luxury Oriental Hotel, situated in-between...
Unlike 2017, the Christmas holidays have proceeded without long fuel queues that usually mar the period.
But this has come at a huge cost. Since March this year, the Nigerian National Petroleum Corporation has maintained that daily consumption of petrol has risen to more than …
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Revenue projections in Nigeria’s 2018 budget proposal is already falling apart as Brent Crude oil price continuous to drop.
Brent crude was trading at US$53.01 on Wednesday evening after initially dropping below the US$50 mark earlier in the day, sending panic through the oil market. …
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Access Bank which announced the acquisition of Diamond Bank to create Nigeria’s largest banking institution will embark on a fund raising exercise of about $200m to keep its capital well above regulatory requirements, bankers working on the deal told the Financial Times.
Access Bank reached …...
On Monday, Diamond Bank Plc and Access Bank Plc, officially announced a merger deal that would result to a Nigeria and Africa’s largest retail bank by customers.
The Board of Diamond Bank believes that the merger is in the best interest of all stakeholders including, …
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