Heirs Holdings Inaugurates Group Directors’ Annual Summit

HEIRS Holdings (HH), the leading pan-African investment company, convened over 100 board members from across all HH investee companies, at the HH Group Directors’...

A Promise Fulfilled: UBA Shareholders Commend 2023 Superlative Performance, Dividend Payout

UBA Pays Total Dividend Of N95.8bn, Translating To N2.80 Per Share In 2023SHAREHOLDERS of Africa’s Global Bank, United Bank for Africa (UBA) Plc,...

Hassan-Odukale Steps Down As First Bank Chairman, Olufowose Appointed

TUNDE Hassan-Odukale has stepped down as the Chairman of First Bank of Nigeria Limited.Updating the Nigerian Exchange Group of recent development within the bank,...

Transcorp Hotels’ Expansion Plans Boost Investor Confidence, Reports N42bn Revenue In 2023

Shareholders Commend Board, Management As Company Delivers Another Record-Breaking YearTRANSCORP Hotels Plc (“Company”), the hospitality subsidiary of one of Africa’s leading, listed companies,...

Why Transcorp Hotels Will Keep Posting Record-Breaking Earnings – CEO/MD, Dupe Olusola

DUPE Olusola, the Managing Director and Chief Executive Officer of Transccorp Hotels Plc, the listed hospitality brand that posted record-breaking earnings has revealed why...

Dangote Refinery Ramps Up Production With US Crude – Report

THE 650,000 barrels per day Dangote Petroleum Refinery is taking advantage of cheaper oil imports from the United States for as much as a...

Transcorp Power Grows First Quarter PBT By 775% With Impressive Revenue Growth

TRANSCORP Power Plc has released its first quarter (Q1) 2024 unaudited financial statements for the period ended March 31, 2024 demonstrating impressive financial performance. The...

Full Year 2023: UBA Gross Earnings Rise By 143%, Profit Hits N757.7bn

- Declares N2.30 kobo Final Dividend IN another unprecedented performance, Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its audited financial...

Transcorp Power Releases Audited FY2023 Results, Reports N30.23bn Profit, Declares N3.13 Dividend

TRANSCORP Power Plc has announced N30.23 billion profit in audited result and accounts for the full year ended December 31, 2023, a growth of 75 per...

Transcorp Demonstrates Robust Growth In FY 2023 As Revenue Increases By 47.3%

- Pre-Tax Profit Up By 93.5% TRANSNATIONAL Corporation Plc has announced its financial results for the year ended December 31, 2023. The Nigeria’s leading listed conglomerate...

Again, CBN Raises Interest Rate To 24.75 Percent

THE Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has hiked the benchmark interest rate by 200 basis points to 24.75...

Zenith Bank Appoints Adaora Umeoji As First Female Group Managing Director

ZENITH Bank Plc has appointed Dame Adaora Umeoji as the Group Managing Director effective June 2024, making her the first female to lead the...

Heirs Technologies Appoints Obong Idiong As Chief Executive Officer

HEIRS Technologies, a leading digital transformation company, has announced the appointment of Obong Idiong as its Chief Executive Officer. Idiong brings considerable experience in the...

Heirs Holdings To Lead Africa’s Digital Evolution, Launches Heirs Technologies

HEIRS Holdings, a leading African investment company dedicated to improving lives and transforming Africa through strategic long-term investments, announced the launch of its new...

CBN Revokes Licenses Of 4,173 Bureau De Change Operators

THE Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureau De Change Operators, accusing the affected institutions of failing to observe...

Dangote Cement Increases Shareholders’ Dividend By 50%, To N30 Per Share

IN line with the promise of Chairman, Dangote Cement, Aliko Dangote at the company’s 2022 Annual General Meeting (AGM), of an enhanced return on...

Dangote Refinery To Import Crude From US – Bloomberg Report

THE Dangote Petroleum Refinery is set to import crude oil from the United States in the coming months, as the $20 billion facility intensifies...

Customers, Distributors Hail Dangote For His Support At Awards Night

CUSTOMERS and distributors of Dangote Cement Plc have hailed the magnanimity of the Founder and Chairman of the company and Africa’s largest conglomerate, Aliko...

How Dangote’s Fortune Jumped By $6.9bn In January, Bloomberg Reveals

DANGOTE Cement’s shares have more than doubled this month (January 2024) helping add $6.9 billion to its founder’s wealth, according to the Bloomberg Billionaires...

NOVAmbl Asset Management Dollar Fixed Income Fund Named Best Performer Of 2023

NOVAmbl Asset Management’s Dollar Fixed Income Fund has been named as the best-performing Dollar Fund in 2023 by Nairametrics, the leading financial information and...

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JUST IN: Finally, IGP Approves Nationwide Hunger Protest, Gives Conditions

THE Inspector-General of Police, Kayode Egbetokun, on Friday, asked all groups planning to carry out proposed nationwide hunger protest to submit their details to...

Popular Rights Activist Writes IGP, Notifies Him Of Planned Protest, Requests Police Coverage

TOP human rights activist Ebun-Olu Adegboruwa (SAN) has written to the Inspector-General of Police(IGP) Kayode Egbetokun to notify him of planned public meetings, rallies,...

CBN Sells $148m To 29 Authorised Dealers

THE Central Bank of Nigeria has disbursed $148m to 29 authorised dealers as part of steps to stabilise the foreign exchange market amidst the...

Nationwide Protest: Police Vow To Resist Violence, Deploy 4,200 Men In FCT

THE Niger Police has vowed to resist violence during the planned nationwide protest slated for August 1.A statement by Police Public Relations Officer, SP...

NNPC Set To Recruit New Staff, Announces Downtime On Portal

THE Nigerian National Petroleum Company Limited said it is set to hire more workers.A statement published on the company’s website on Friday, said the...

Bomb Explodes At Popular Livestock Market In Yobe

AN explosion suspected to be a planted Improvised Explosive Device (Bomb) has exploded at the popular Buni Yadi market in Gujba Local Government Area...

After Dangote’s Blending Plant Allegation, Report Shows Nigeria Imported $2.25bn Fuel From Malta

A FEW days after the founder of the Dangote Petroleum Refinery, Alhaji Aliko Dangote, alleged that some officials of the Nigerian National Petroleum Company...

I Have No Cabal, Sponsors To Compensate, Tinubu Declares

PRESIDENT Bola Tinubu has allayed fears of manipulation by any interest group in the ongoing economic reforms, saying his campaign was self-sponsored, without strings,...

Muslim Groups Want Film Using Hijab In Armed Robbery Scene Banned

THE Muslim Rights Concern (MURIC) and Muslim Public Affairs Centre (MPAC) have demanded punitive actions, including the banning of an upcoming film in Nigeria...

Gombe Clinches Top Spot In FG’s Climate Governance Performance Ranking

GOMBE State has received an award, emerging with an AA rating in the Climate Governance Performance Ranking among the 36 states of Nigeria. This...

Nationwide Protest: Youth Council Directs 104 Affiliate Youth Groups To Be On Standby

AHEAD of the planned nationwide protest in August, the National Youth Council of Nigeria (NYCN) has directed its 104 affiliate organisations to remain on...

NNPC v Dangote: Where the Truth Lies – By Azu Ishiekwene

AFRICA’s richest man, Aliko Dangote, is not a stranger to adversity or its more sinister cousin, sabotage.One of the bitterest battles he has fought...

Brazil Beat Nigeria’s Super Falcons 1-0 In Olympic Games

THE Super Falcons began their campaign at the 2024 Paris Olympic Games on a shaky footing, losing 0-1 to Brazil in their first match.Nigeria...

Djokovic, Nadal Set For Olympics Second-Round Showdown

GRAND Slam record-breakers Novak Djokovic and Rafael Nadal were placed on an Olympics second-round collision course in the draw for the Paris Games on...

Protests Erupt In Washington After Netanyahu’s Speech To US Congress

AT least five people have been arrested and police used pepper spray on protesters on the streets of Washington DC.This came after large numbers...

North Korea Hackers Trying To Steal Nuclear Secrets, US, UK Warn

NORTH Korean hackers are attempting to steal nuclear and military secrets from governments and private companies around the world, the UK, US and South...

Morocco Heatwave Kills More Than 20 People In 24 Hours, Ministry Says

A HEATWAVE in Morocco has killed at least 21 people in a 24-hour period in the central city of Beni Mellal, the health ministry...

Rights Groups Ask Uganda Govt To Free Detained Protesters

INTERNATIONAL rights campaigners called Thursday for the Ugandan government to free dozens of protesters who have been arrested and charged for taking part in...

Alleged Economic Sabotage: Senate Summons Dangote, NNPCL, CBN, NIMASA, Others

THE Senate has revealed plans to summon the Central Bank of Nigeria (CBN), Nigeria Port Authority (NPA), Nigerian National Petroleum Company Limited (NNPCL), Dangote...

Nationwide Protest: Sultan, Ooni, Others Call For Patience, Shelving Of Demonstrations

TRADITIONAL rulers have called for calm over the planned nationwide protest to demonstrate against the prevailing economic hardship in Nigeria.The protest which is billed...
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