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...
Inflation Targeting Policy: CBN Working To Reduce Pressure – Cardoso
GOVERNOR of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the apex bank is implementing “inflation targeting policy” to reduce the inflationary...
CBN May Raise Banks Capital Base To N900bn – Report
A NEW report has projected that the Central Bank of Nigeria may ask commercial banks with international banking licence to raise their capital base...
Rano Air Launches Katsina-Abuja, Kaduna-Lagos Flights
SUNDAY, 21st January 2024, marked the beginning of another milestone for Rano Air after starting the airlift of domestic passengers from Katsina to Abuja...
BUA CEO, AbdulSamad Overtakes Adenuga As Nigeria’s Second Richest Person
ABDULSAMAD Rabiu, the Nigerian billionaire and CEO/Chairman of BUA Group, has surpassed Mike Adenuga to claim the position of the second-richest person in Nigeria.This...
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36 Assembly Speakers Back State Police
THE Speakers of the Houses of Assembly across 36 states in the country, on Thursday, backed the ongoing constitution review exercise for the creation...
West Africa Must Unite To Defeat Terrorism, Banditry, Tinubu Tells Faye
President Bola Tinubu on Thursday said West African countries must unite to crush banditry, terrorism and other criminal activities plaguing the region.Tinubu stated this...
FAAC Disburses N1.2trn Revenue To FG, States, LG For April
THE allocation, shared during the May 2024 FAAC meeting comprised distributable statutory revenue of N284.716 billion, distributable Value Added Tax (VAT) revenue of N466.457...
Kano Mosque Attack: Death Toll Rises To 12
THE death toll in the Gezawa mosque attack has risen to 12, after 11 more victims died while receiving treatment at the Murtala Muhammad...
Who Does America Listen To? – By Azu Ishiekwene
I WAS chatting with a friend last week, who, mid-speech, redirected our conversation to the situation in the Middle East. She wanted to know...
Tinubu Urges Senate To Pass Anti-Doping Bill Before Olympics In July
PRESIDENT Bola Tinubu has urged the Senate to review and approve a bill aimed at prohibiting athletes from using substances that enhanced their performances.Tinubu’s...
FULL LIST: Ronaldo Tops Highest-Paid Athlete List For Fourth Time
CRISTIANO Ronaldo has topped the Forbes list of highest-paid athletes for the fourth time in his career, with Jon Rahm moving up to second.Ronaldo...
South Africa Urges ICJ To Order Israel’s Halt Of Rafah Assault
SOUTH Africa has urged the International Court of Justice (ICJ) to order Israel to halt its assault on Rafah as part of its case...
Russia Expels UK Defence Attache In Tit-For-Tat Move
RUSSIA has declared The United Kingdom’s defence attache persona non grata and gave the diplomat a week to leave the country in response to...
Algerian Man, Omar Omran Found Alive In Cellar After 26 Years
A MAN has been found alive in his neighbour's cellar after going missing about 26 years ago.Omar bin Omran disappeared from Djelfa, in Algeria,...
Tunisia President Blasts Foreign Criticism Of Journalists Arrests
TUNISIAN President Kais Saied on Thursday criticised foreign “interference” after an international backlash over recent arrests of journalists, political commentators, and lawyers, which he...
International Day Of Families: Kogi First Lady Calls For Sustainable Environmental Habits
WIFE of Kogi State Governor, Hajia Sefinat Usman Ododo has enjoined parents in the state to instil sustainable environmental practices and climate change awareness...
Students Loan Application Portal Opens May 24 [See Link Below]
THE management of Nigerian Education Loan Fund, NELFUND, led by its Managing Director, Akintunde Sawyerr, has announced May 24, 2024 as official date for...
Tinubu Hosts Africa’s Youngest President In State House
PRESIDENT Bola Tinubu has welcomed President Bassirou Diomaye Faye of Senegal to the State House, Abuja.The President was flanked by senior members of his...
Senate Approves Establishment Of North-West Development Commission
THE Senate on Thursday passed the North West Development Commission bill to address the challenges facing the seven states in the geopolitical zone.
This followed...
‘No Pay, No Work After Two Weeks’, ASUU Issues Another Strike Threat
THE Academic Staff Union of Universities (ASUU) has threatened to down tools after two weeks if the President Bola Tinubu administration fails to pay...
Tinubu Writes Reps, Seeks N24.6bn To Reimburse Nasarawa, Kebbi Over Airports
PRESIDENT Bola Ahmed Tinubu has written to the House of Representatives seeking the preparations and approval of a N24.6 billion Promissory Notes to reimburse...
Police Rescue Additional Seven Abducted Kogi Varsity Students
IN furtherance to the ongoing rescue operation and to sustain the onslaught against insecurity, the Inspector-General of Police, IGP Kayode Egbetokun, has announced the...
Emirates To Resume Nigerian Flights October 1, Airline Announces
EMIRATES Airlines says it will resume services to Nigeria from October 1, 2024, operating a daily service between Lagos and Dubai.In a statement made...
Keyamo Visits UAE Envoy, Says Emirates Will Announce Resumption Of Nigerian Flights In Days
MINISTER of Aviation and Aerospace Development, Festus Keyamo, says Emirates Airlines has indicated a definite date to resume flight operations to Nigerian airports.The minister,...
