Shareholders to get N1.5bn dividend – NGX Group
By Melvin Onwubuke The shareholders of the Nigerian Exchange Group will be earning N1.5bn dividends. The group declared an after tax…
Business
Canal+ aims for increased stake in MultiChoice
After a decision by South Africa’s Takeover Regulations Panel, Vivendi’s French media business, Canal+, has declared its unwavering desire to purchase further…
Transcorp power enlisted on Nigerian Exchange main board
By Melvin Onwubuke Transnational Corporation Plc (Transcorp Group) wishes to announce the listing of its subsidiary, Transcorp Power Plc (Transcorp Power…
InfraCredit, ATIDI sign N37bn risk sharing deal
By Melvin Onwubuke InfraCredit, a specialised infrastructure credit guarantee institution in Nigeria, has signed a local currency counter-guarantee agreement on a…
NICA advocates credit access for students, Informal sector
A credit system that enables participants in the unofficial economy and students to get credit for their studies and expand their enterprises…
Tinubu signs seven bilateral agreements with Qatar
In an effort to increase business prospects between the two nations, President Bola Tinubu signed seven bilateral, multi-sectoral agreements with the government…
NGX reports N5.2bn profit despite economic hardship
NGX Group Plc has disclosed its financial results for the entire year 2023, indicating a N5.250 billion profit after taxes despite economic…
Jigawa state to set up disaster management trust fund
In an effort to address the state’s recurring flood catastrophes, the Jigawa State Government is about to create the Permanent Flood Disaster…
FX drives business costs to highest in 10 years
Due to the February weakening in the currency rate, businesses in Nigeria saw the biggest increase in input costs in a decade.…
Manufacturers warn price hikes to persist without solutions
Manufacturers Association of Nigeria says product price increases are unlikely to halt in the absence of a corresponding plan to reduce the…
Lafarge Africa shareholders to receive $30bn dividend
By Melvin Onwubuke The Board of Directors of Lafarge Africa has put forward a dividend of N1.90 per unit of its shares…
Focus on factors causing inflation, LCCI tells CBN
By Melvin Onwubuke The Lagos Chamber of Commerce and Industry has urged the Central Bank of Nigeria, to pay particular attention to…