Business and Economy
-
Backward integration: Dangote targets 700,000MT of refined sugar in four years
.…As Q1 revenue rises by 20.1% to N122.7bn Dangote Sugar Refinery Plc (DSR) has unveiled plans to produce 700,000 metric…
Read More » -
Transcorp Hotels’ expansion plans boost investor confidence; Reports N42bn revenue in 2023
….. Shareholders commend Board, Management as Transcorp Hotels delivers another record-breaking year …..Reports N42bn revenue in 2023 Abuja, Nigeria –…
Read More » -
$4 Trillion is new annual financial target to save Sustainable Development Goals, says African Development Bank’s Adesina
RIYADH, Saudi Arabia, April 29, 2024 African Development Bank Group President Dr. Akinwumi A. Adesina has emphasized the critical need…
Read More » -
Dangote cement export of clinker, cement increased by 87.2%
Management of Dangote Cement Plc has revealed that the company dispatched seven ships of clinker- from Nigeria to Ghana and…
Read More » -
Africa: Afreximbank, FCI’s regional factoring conference in Zimbabwe attracts over 200 participants
HARARE, Zimbabwe, April 26, 2024 In its ongoing commitment to establish factoring as a viable financing solution for Africa’s small…
Read More » -
President Tinubu appoints Nigeria’s renowned Banker, Jim Ovia as Chairman, Nigerian Education Loan Fund
President Bola Tinubu has approved the appointment of the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, as…
Read More » -
Q1 2024: More Nigerians buy Dangote Cement, as volume rises by 26.1% to 4.6MT
Strategies adopted by Dangote Cement to increase sales and ensure an adequate supply of products to customers are yielding the…
Read More » -
Afreximbank dominates Bonds, Loans, ESG Capital Markets Awards 2024
CAIRO, Egypt, April 23, 2024 The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) swept the stage at the recently concluded Bonds, Loans and…
Read More » -
Akwa Ibom is safe haven for investment – Former President Jonathan
Nigeria’s former President, Dr. Goodluck Jonathan, has described Akwa Ibom State as a safe haven for investment. The former president…
Read More » -
NNPC Ltd, partner unlock 12,000bpd production from Awoba Unit Field
Keen on optimising production from the nation’s hydrocarbon assets to boost revenues and meet the nation’s OPEC production quota, the…
Read More » -
Be bold, reverse anti-people policies, Prof. Ekpo tells Tinubu; Says: Improve power supply for productive economy
Former Vice Chancellor of University of Uyo and a leading Professor of Economics and Public Policy, Prof. Akpan Hogan Ekpo,…
Read More » -
Fidelity Bank MD commends Air Peace London service; Onyema hails Fidelity
L-R: Vice Chairman, Air Peace, Mrs Alice Onyema; Chairman, Air Peace, Dr Allen Onyema; MD, Fidelity Bank Plc, Dr Nneka…
Read More » -
Account for trillions of Naira of FAAC allocations or face legal action, SERAP tells 36 governors, Wike
Socio-Economic Rights and Accountability Project (SERAP) has urged Nigeria’s 36 state governors and the Minister of the Federal Capital Territory,…
Read More » -
Transcorp Power Plc records 775% PBT jump in Q1 2024 with impressive revenue growth
Ughelli, Delta State, April 17, 2024: Transcorp Power Plc (Transcorp Power), one of the electricity generating subsidiaries of Nigeria’s leading,…
Read More » -
NNPC Ltd, partners donate 2,300-seater ultra-modern library to Niger Delta University
As part of its commitment to encourage learning and academic excellence, the Nigerian National Petroleum Company Limited (NNPC Ltd) and…
Read More » -
NCDMB receives $1m return on investment from NEDOGAS
The Nigerian Content Development and Monitoring Board (NCDMB) on Monday received a cheque of $1 million from Nedogas Development Company…
Read More » -
ASR Africa Initiative commences N250m intervention project at Danfodiyo varsity
ASR Africa Initiative Groundbreaking ceremony for the construction of N250 million office blocks for the College of Health Sciences, Usmanu…
Read More » -
UBA announces record gross earnings; Capitalization exceeding N2 trillion
United Bank for Africa (UBA) Plc, led by its Group Managing Director/CEO Oliver Alawuba, disclosed its robust financial performance at…
Read More » -
Georgieva to serve second term as IMF Managing Director
By Okeoghene Akubuike Abuja, April 14, 2024 The Executive Board of the International Monetary Fund (IMF) has selected Kristalina Georgieva…
Read More » -
Zenith Bank caps 2023 with unprecedented triple-digit topline, bottom-line growth
Zenith Bank Plc has announced its audited results for the year ended December 31, 2023, achieving a remarkable triple-digit growth…
Read More » -
Halt demolition of Asokoro Estate, CLO urges Tinubu, Kingibe
By Stanley Nwanosike Enugu, April 11, 2024 The Civil Liberties Organisation (CLO) has appealed to President Bola Tinubu and Senator…
Read More » -
Enugu Trade Fair: Dangote has added immense value to Nigeria’s economy – Jideonwo, ECCIMA President
… We’ll keep pushing new boundaries to satisfy our consumers ― Dangote The president of Enugu Chamber of Commerce, Industry,…
Read More » -
NNPC Chief emphasizes role of gas in driving economic growth, industrial development
The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd.) Mr. Mele Kyari, has reiterated…
Read More » -
Zenith Bank grows total assets to N20.4bn
By Rukayat Adeyemi Lagos, April 8, 2024 Zenith Bank Plc, says its total assets grew to N20.368 billion for the…
Read More » -
Maritime security: Nigeria, Spain to deepen cooperation
Modalities to deploy security boats is priority – Mobereola The Spanish Ambassador to Nigeria, His Excellency, Ambassador Juan Ignacio Sell has…
Read More »
