Siemens, PANA Infrastructure Collaborate To Enhance Nigeria’s Power Sector
SIEMENS, A leading global technology company and PANA Infrastructure Have announced their collaboration to tackle Nigeria’s electricity infrastructure sector.
The partnership, according to the ,...
NOVA Bank Commences Operations As A National Commercial Bank
NOVA Bank, formerly known as NOVA Merchant Bank, has officially commenced operations as a National Commercial Bank, as the bank opened its first commercial...
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...
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EFCC Asks Yahaya Bello To Leave Without Any Interrogation
THE Economic and Financial Crimes Commission (EFCC) has asked the immediate past Kogi governor, Alhaji Yahaya Bello to leave its office without any interrogation.
News...
‘You Don’t Deserve To Be President’, Attorney General Blows Hot On Politicians ‘Demarketing’ Nigeria
THE Attorney General of the Federation (AGF), Lateef Fagbemi, has cautioned politicians “demarketing” Nigeria on social media, saying such persons don’t deserve to lead...
Federal Government Eyes $1.5bn Revenue From Halal Market By 2027
VICE President Kashim Shettima said Nigeria has embraced the Halal economy, and is hoping to leverage the opportunities to add the sum of $1.5bn...
271 Murder Suspects Arrested, 111 Stolen Vehicles Recovered In 30 Days – Police
A TOTAL of 271 persons have been arrested for their alleged involvement in murder and homicide, while 111 stolen vehicles were recovered over the...
Minister Says FG Is Conducting Probe Into Cause Of Earth Tremor In Abuja
THE Federal Government has initiated a thorough investigation into the root causes of the recent earth tremors that rattled the Mpape area in Abuja.The...
Aviation Workers Suspend Planned Protest Over 50% Deductions
AVIATION workers in Nigeria have suspended their planned protest slated for September 18, 2024, over 50% deductions of the revenue of aviation agencies.Last week,...
Former Kogi Governor, Yahaya Bello Honours EFCC Invitation
IMMEDIATE past Governor of Kogi State, Yahaya Bello has honoured the invitation of the Economic and Financial Crimes Commission (EFCC) after months of back-and-forth...
FG Issues Flood Alert To 11 States As Cameroon Releases Water From Lagdo Dam
THE Federal Government on Tuesday alerted Nigerians to the release of water from the Lagdo Dam in Cameroon.In a statement, the Director General/Chief Executive...
Despite Receiving Billions From FAAC, 20 Governors Borrow Fresh N446bn
DEBT servicing costs incurred by 29 state governments consumed 80.7 per cent of their Internally Generated Revenue during the first six months of 2024,...
35,000 Policemen Arrive Edo For Guber Polls As Joint Forces Begin Patrol
AHEAD of Saturday’s governorship election in Edo State, the first batch of the 35,000 police officers deployed to ensure law and order during election...
Obasanjo Reveals How FG Earned $1.2bn From Telecomms Licences On Inception
THE Federal Government earned approximately $1.2bn in telecom license fees from major operators, including MTN, Globacom, Econet (now Airtel), and Etisalat (now 9mobile), during...
INEC Rejects Abure As Labour Party’s National Chairman
THE Independent National Electoral Commission (INEC) has refused to recognise Julius Abure as the National Chairman of Labour Party, despite retaining his name on...
Gombe Governor Congratulates Munyal Kwairanga For Winning Three Gold Medals At National Youth Games
GOMBE State Governor, Muhammadu Inuwa Yahaya, CON has expressed immense pride in Munyal Simon Kwairanga following her historic performance at the ongoing 8th National...
Perfect Night As Man United Hammers Barnsley 7-0 For Ten Hag Biggest Win
MANCHESTER United enjoyed the ‘perfect night’ as their biggest victory under Erik ten Hag to cruise into the EFL Cup last-16 at the expense...
Yemen’s Militant Group, Houthis Fire ‘Hypersonic’ Missile At Israel
ON Sunday, Yemen’s AnsarAllah, commonly known as the Houthis, launched what they said was a hypersonic missile at central Israel.It caused fires, triggered air...
Drug-Resistant Superbugs To Kill 39 Million By 2050 – Research
INFECTIONS of drug-resistant superbugs are projected to kill nearly 40 million people over the next 25 years, a global analysis predicted on Monday, with...
Bamako Airport Closed As Gunmen Attack Police Base In Mali
GUNMEN attacked a military police base early Tuesday in the Malian capital Bamako where gunfire and explosions were heard and the airport was closed,...
Four Children Trapped In Deep Freezer Found Dead In Namibia
POLICE in Namibia are investigating the death of four children who were playing in an empty old freezer in the north-eastern Zambezi Region.Aged between...
Tinubu Did Not Ask CBN Governor, Cardoso To Resign, Presidency Says
PRESIDENT Bola Tinubu has not asked Yemi Cardoso to resign from his position as the Governor of the Central Bank of Nigeria (CBN).
This is...
FG, States, LGs Share ₦1.2trn In August 2024
A TOTAL sum of ₦1.203 trillion June 2024 federation accounts revenue has been shared with the Federal Government, states, and local government councils in...
