PZ Cussons discloses 61,628 unclaimed shareholders’ dividends
The list of PZ Cussons’ shareholders who haven’t claimed their dividends has been made public, and it includes roughly 61,628 shareholders. The…
Business
GSK shareholders approve N17.42 for GSK buyback
Glaxo SmithKline Consumer Nigeria Plc’s minority shareholders have decided that, upon the company’s final delisting from the Nigerian Exchange Limited, their shares…
Multichoice raises DSTV, GOTV rates
Broadcasting company, Multichoice, has increased the cost of its offerings in Nigeria a few days after declaring a $72 million deficit in…
Nigeria’s VAT collection rises 21.34% to N948.07bn in Q3 – Report
Value Added Tax revenue in Nigeria climbed by 21.34% in Q3 2023, from N781.35 billion in the second quarter to N948.07 billion.…
Google unveils new AI model, records five percent stock increase
The announcement of Google’s newest artificial intelligence model, Gemini, caused its stock price to soar by more than 5% on Thursday. With…
Manufacturers cut back on purchase orders over economic crisis
The President of the Manufacturers Association of Nigeria’s Chemical and Pharmaceutical sector, Rotimi Aluko, has stated that the challenging business climate in the…
Alakija’s NGO gives female entrepreneurs N3m grant
Businesswoman Folorunso Alakija founded the non-governmental organization, Flourish Africa, has raised its seed grants to women-owned enterprises from N2 million to N3 million.…
Palmpay enhances contactless payments
A fintech startup, PalmPay, has stated that it is committed to promoting the use of contactless payments in Nigeria. The Punch reported that during…
States, LG to get N14tn from FAAC allocation
States and local governments may receive 109.74 per cent more money from the federal government in 2024, or N14.04 trillion. The Punch…
Nigeria’s used car market booms amidst rising inflation – Report
The demand for used cars in Nigeria has increased despite high inflation and declining GDP. According to Insider Business, a recent market analysis…
GEAPP pledges $15m to expand renewable tech access in Africa
All On and the Global Energy Alliance for People and Planet pledged an additional $15 million to expand the Demand Aggregation for…
Equity market recovers with N305bn gain
The Nigerian Exchange Limited closed in the green zone on Wednesday, adding N305 billion to the wealth of equity investors, maintaining its…