New Telegraph

Subsidy Crisis: Truckload of PMS rises by 175% to N22.3m

he Independent Petroleum Marketers Association of Nigeria has said that the price to lift a truck of Premium Motor Spirit (PMS) has increased by 175 per cent. The association explained that the development was a…

IMF advises on fighting inflation amid financial turmoil

The International Monetary Fund (IMF) has advised central bank on the possibility of battling inflation amid financial turmoil. In a blog released early in the week, the global lender said recent events had shown central…

Aig-Imoukhuede Foundation receives award on contributions to public sector reforms

Aig-Imoukhuede Foundation receives award on contributions to public sector reforms

The Aig-Imoukhuede Foundation, a public sector-focused philanthropic organisation founded to improve the lives of Africans through transformed public service delivery and increased access to quality primary healthcare, has been honoured with the prestigious National Productivity…

Stanbic IBTC reiterates commitment to wellbeing of the Nigerian child

Stanbic IBTC reiterates commitment to wellbeing of the Nigerian child

Stanbic IBTC Holdings, a member of Standard Bank Group, has reaffirmed its commitment to the upliftment and empowerment of the Nigerian child. The bank, which stated this during its Blue Kids event, held recently to…

Ardova scheme shareholders approve share transfer at N17.88

Ardova scheme shareholders approve share transfer at N17.88

The shareholders of Ardova Plc at a Court Ordered Meeting held in Lagos, recently, have approved the Scheme of Arrangement (“Scheme”) for the holders of its fully paid ordinary shares of 50 kobo each, subject…

Union Bank’s αlpher partners Chrystallis to promote women empowerment

Union Bank’s αlpher partners Chrystallis to promote women empowerment

In line with its commitment to sustainable development and enabling success for women, Union Bank of Nigeria, through its women-focused proposition, alpher, partnered with Chrystallis to host the inaugural live edition of Chrystallis Conversations –…

NGX RegCo, other to deliberate on sustainability disclosure standards

NGX Regulation Limited (NGX RegCo), in collaboration with the International Sustainability Standards Board (ISSB) and Financial Reporting Council (FRC) of Nigeria, is set to host a 3-day workshop/webinar on sustainability disclosure standards for companies as…

Union Bank partners NCF to commemorate World Environment Day 2023

Union Bank partners NCF to commemorate World Environment Day 2023

Union Bank of Nigeria has said that it partnered with the Nigerian Conservation Foundation (NCF) to celebrate World Environment Day 2023 as part of its continuous efforts to champion environmental responsibility and promote sustainable practices.…

‘Collaboration, resilience key to success in business’

The Managing Director of Remita Payment Services Limited (RPSL), an indigenous financial technology firm in Nigeria and a subsidiary of SystemSpecs Holdings Limited (SHL), ‘Deremi Atanda, has emphasised the importance of fostering a collaborative culture…

External reserves sustain slide, drop to $34.95bn

External reserves sustain slide, drop to $34.95bn

The country’s external reserves fell by $142.64 million to $34.95 billion as of June 5, 2023 from $35.09 billion on May 30, their lowest level since September 2021, according to data obtained from the Central…