Helicopter crashes in Lagos A helicopter on Tuesday crashed into a building at Oba Akran Ikeja, Lagos State. It was gathered that the incident occurred at 3:30 pm adjacent to AP Filling Station, and United Bank For Africa, Oba Akran. The aircraft burst into flames near Murtala Muhammed International Airport (MMIA), its destination. It was learnt the pilots of the helicopter were rescued. However, there is no information on whether or not there were other passengers on board. Responders from the National Emergency Management Agency (NEMA…
SquirrelPR Releases Nigeria Digital News Ranking Report for Q2 Lagos 01.08.23 . In a bid to provide media relations professionals with resources that offer deeper insights into the performance of Nigeria’s digital news platforms, Africa’s media relations solutions provider, SquirrelPR has released its second edition of its Digital News Ranking Report for the second quarter of 2023. The latest ranking, released on Tuesday, August 1, 2023, rated hundreds of digital news publishers based on their total quarterly and monthly traffic volume, the…
Access Holdings Receives Karlsruhe Award for Outstanding Business Sustainability Achievement for the Eighth Consecutive Time Lagos, Nigeria – July 31, 2023: Access Holdings Plc has been honoured with the prestigious Karlsruhe Award for Outstanding Business Sustainability Achievement for the eighth consecutive time. Presented at the Global Sustainable Finance Conference (GSFC) organised by the European Organisation for Sustainable Development (EOSD) in partnership with the city of Karlsruhe, Germany, the Award underscores the sustainabilit…
TEXT OF THE NATIONAL BROADCAST BY PRESIDENT BOLA TINUBU TO NIGERIANS ON CURRENT ECONOMIC CHALLENGES. AFTER DARKNESS COMES THE GLORIOUS DAWN My fellow citizens, I want to talk to you about our economy. It is important that you understand the reasons for the policy measures I have taken to combat the serious economic challenges this nation has long faced. 2. I am not going to talk in difficult terms by dwelling on economic jargon and concepts. I will speak in plain, clear language so that you know where I stand. More importantly, so that you…
High Cost of Living: Union Bank Raises Employee Compensation Twice It is no longer news that most Nigerians are experiencing severe economic hardship due to the recent FX policy and subsidy removal. The economic challenges arising from the opening up of the foreign exchange market and the removal of petrol subsidies have resulted in soaring inflation and a significant drop in the value of the Naira against the Dollar. This has led to skyrocketing fuel prices, affecting the costs of other essential commodities and services, including food item…
2023 Half Year: Dangote Cement reports a robust Pan-African performance Dangote Cement has reported a robust Pan-African performance for the half year ended June 30, 2023, with sales volume hitting 5.4Mt. The Pan-African region includes all the cement plant’s operations outside Nigeria. Total sales volume for the Group within the period was 13.4Mt. According to the company’s six months unaudited results, sales volume for Pan-African operation was up 11.6 percent compared to 4.9Mt in H1 2022. The total pan-African volume accounts for 40.4 pe…
Fidelity Bank Stock Upgrade Excites Investors According to The Will newspaper, investors have commended the recent reclassification of Fidelity Bank Plc stock from small price stock to medium price stock. Giving his perspective on the development, Mr Boniface Okezie, the National Co-ordinator, Progressive Shareholders Association of Nigeria, commented, “Fidelity Bank has paid its dues in the financial services sector. It has contributed immensely to the development of the small and medium enterprises (SME) sector yet pays dividends to the sha…
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