Business

Dangote Cement Plc has disowned a truck laden with cement that collided with a bus on Okene-Lokoja bypass in Kogi State, leading to the death of some passengers. The company however expressed sadness over the incident and condoled with the families of the victims, urging the public to disregard the …

Standard Chartered Bank has announced the appointment of Dalu Ajene is the Chief Executive Officer of the bank’s operations in Nigeria. Ajene takes over from Lamin Manjang, the Vice Chairman Africa and Acting CEO who will be retiring from the bank after 25 years of service, having reached the mandatory …

Following the investigative documentary aired on Al-Jazeera, an International Cable Network that indicted Nestle of adding excessive Sugar to its NIDO Infant Formula and is been sold to Africa and other poorer countries around the world, the National Agency for Food and Drug Administration and Control, NAFDAC, has insisted that  …

Shareholders of Zenith Bank Plc unanimously approved the restructuring of the Bank to a holding company during a court-ordered Extraordinary General Meeting (EGM) held virtually from Zenith Heights, Zenith Bank Plc, Victoria Island, Lagos, on Friday, April 26, 2024.   In accordance with the Scheme of Arrangement dated March 28 2024, pursuant …

Management of Dangote Cement Plc has revealed that the company dispatched seven ships of clinker- from Nigeria to Ghana and Cameroon and that the export, for the first quarter of 2024 increased by 87.2 percent at 264kt. While the company commissioned 10 of the 17 Alternative Fuel Projects across the …

The 4th mobile network operator in Nigeria, 9mobile, lost more customers to the bigger operators in the first quarter of this year as 6, 443 subscribers ported out of its network. This is revealed in the latest number porting data released by the Nigerian Communications Commission (NCC). According to the …

President Bola Tinubu has approved the appointment of the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, as the Chairman of the Board of the Nigerian Education Loan Fund (NELFUND). This was announced in a State House Press Release by the Special Adviser to the President on Media …

Strategies adopted by Dangote Cement to increase sales and ensure an adequate supply of products to customers are yielding the desired results as domestic sales volume increased, by 26.1 percent to 4.6Mt in the first quarter of 2024. According to the cement manufacturers’ unaudited results for the three months that ended, …

Multichoice Group, the owner of DSTV has again hiked the tariff plan for its satellite television service by 25.4 per cent despite public outcry. The price raise was announced on Wednesday in a message sent to customers, adding it will take effect on May 1, 2024. The statement signed by …

Quickteller Paypoint Quickteller Paypoint, the agency banking arm of Interswitch Financial Inclusion Services (IFIS), has announced a strategic partnership with the Ogun State Government. This collaboration aims to facilitate digital payment collections for a new initiative that provides discounted food stuff to the state’s residents. Through this partnership, civil servants …