An engineering construction company, Julius Berger Nigeria Plc, has announced a management reshuffle following the departure of its Managing Director, Dr. Lars Richter. Dr Peer Lubasch, who is currently the Chief Executive Director of Julius Berger International, will succeed him.…
As the Federal Government prepares to launch the Renewed Hope City project in Abuja, Nigerians have raised concerns about the transparency and fairness of the initiative, aimed at bridging the country’s housing gap. The launch, expected in December 2024, will…
The Nigerian Exchange Limited has named Geregu Power Plc the “Most Compliant Listed Company” for the 2023 financial year at its 2024 Made of Africa Awards. The power generation firm, which declared a 113 per cent profit growth in its…
Stakeholders in the real estate sector have advised the Federal Government to convert the seized 753-duplex estate into residents for ministers and other senior government officials. In an exclusive interview with The PUNCH, the Chief Executive Officer of Magnificent Choice…
The Nigerian equity market gained N319 billion last week, as 51 stocks appreciated. The All-Share Index rose by 0.72 per cent to close at 98,210.75, while market capitalisation reached N59.534tn. Trading activity saw 3.893bn shares worth N87.749bn traded in 43,868…
The Alternative Bank has promised to partner with its stakeholders in the South-South region of the country. A release from the lender on Sunday noted that its Executive Director, South, Korede Demola-Adeniyi, stated that during the maiden edition of its…
The Nigerian Marketing Research Association has reaffirmed its commitment to contributing to the country’s economic development by championing reliable data and market insights. NIMRA President, Seyi Adeoye, highlighted the association’s aspirations to be custodian of data, insight, and analytics at…
The Centre for Pension Rights Advocacy has flayed the Federal Government over its decision to pay N44bn for accrued benefits for retirees between March and September 2023. In a chat with The PUNCH on Sunday, the director of the centre,…
The Nigerian Economic Summit Group has backed the stabilisation fund for the real sector, which is aimed at providing single-digit interest rate loans to the manufacturing sector. The Chief Executive Officer of NESG, Dr Tayo Aduloju, gave the support during…
FirstBank has inaugurated a new entertainment hub, Bluu TV, as part of its commitment to supporting the creative arts industry in Nigeria. At the launch of Bluu TV on Friday, which also doubled as the premiere of an original series…
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