Dangote Industries Limited (DIL) has formally listed its N300 billion Series 1 and 2 bonds issued under the Dangote Industries Funding Plc during a grand listing ceremony at both the FMDQ and the Nigeria Exchange Limited (NGX) in Lagos. Olakunle Alake, Group Managing Director of Dangote Industries Limited told …
Read More »Sustained Growth: Transcorp Plc Delivers Strong Performance as Revenue Rises by 21%.
Transnational Corporation Plc (Transcorp) has released its financial results for the full year ended December 31, 2022, demonstrating significant improvements in its major income lines. The conglomerate with investments in the Hospitality, Power, and Oil & Gas sectors, recorded growth in its profit before tax, which rose by 8% to …
Read More »Emirates expands flight training academy’s aircraft fleet
Emirates Flight Training Academy (EFTA) continues to live up to its promise of offering cutting-edge tech and state-of-the-art aircraft to train pilots of the future and help close the industry’s skills gap. The Academy is now bolstering its current fleet with an order for three twin-engine DA42-VI and its corresponding flight …
Read More »Stanbic IBTC Bank Completes First Inbound Commercial Transaction On PAPSS.
Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has completed the first inbound commercial transaction on the Pan African Payment and Settlement System (PAPSS) in Nigeria, making history. PAPSS is an initiative of the African Union and the AfCFTA Secretariat, designed to provide a secure and efficient …
Read More »ZENITH BANK RECORDS IMPRESSIVE 24% DOUBLE-DIGIT GROWTH IN GROSS EARNINGS IN 2022
Zenith Bank Plc has announced its audited results for the year ending December 31, 2022, achieving an impressive double-digit growth of 24% in gross earnings from NGN765.6 billion reported in the previous year to NGN945.5 billion in 2022. This is despite the persistent challenging macroeconomic environment and headwinds. According …
Read More »EFCC kicks as Yahaya Bello pleas for immunity over forfeiture of 14 properties, N400m
The Economic and Financial Crimes Commission (EFCC), has urged Justice Nicholas Oweibo of the Federal High Court sitting in Ikoyi, Lagos to dismiss the application filed by Kogi State Governor, Yahaya Bello, seeking to vacate the interim forfeiture order in respect of 14 properties and the sum of N400 …
Read More »Crisis Rocks FIRS As Officials Revolt Over Incessant Promotional Exams
Over five hundred employees of the Federal Inland Revenue Service (FIRS) have rebelled against the management and are refusing to write promotional examinations after the tests got delayed for over four hours. Truetells Nigeria reports that the promotional exam has been a subject of controversy prior to today due to …
Read More »Birthday Wishes To A Dogged Uncle, A Mentor An Astute, Philanthropist Pastor Olaniyi Awofadeju @ 50
~By Oluwaseun Fabiyi I felicitate with our dear Daddy, Uncle, and a spiritual father, an easygoing, handsome man of God. Pastor Olaniyi Awofadeju on the occasion of his fiftieth birthday anniversary Little wonder why friends, families, church members and well-wishers on Tuesday, despite the day being the second day of …
Read More »Prepare to buy fuel for N750 per litre, Stakeholders tells Nigerians
Stakeholders in the sector have told Nigerians to be ready to pay as much as N750 per litre of fuel at filling stations, as the federal government prepares to completely deregulate the downstream sector of the Nigerian oil and gas industry in the coming months. This was the highpoint of …
Read More »INEC budgets N3bn to fight electoral cases
Yakubu Mahmood The Independent National Electoral Commission (INEC) has budgeted over N3bn to defend the results of the February 25 presidential and national assembly election and the March 18 governorship and state assembly polls. This is as up to 100 candidates who lost in the elections have filed petitions at …
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