Business

At the 32nd Annual General Meeting (AGM) of Zenith Bank Plc, held virtually from the Civic Centre, Victoria Island, Lagos, on Tuesday, 2 May 2023, shareholders of the bank unanimously approved the proposed final dividend payment of NGN2.90 per share. This brings the total dividend for the 2022 financial year …

Lagos, Nigeria The World Health Organization reports that the highest incidents of malaria outbreaks and deaths are recorded in Africa with over 234 million cases and more than 593,000 deaths in 2021 alone. The report further states that nearly 80% of malaria deaths in the African Region in 2021 were …

L-R: Mr. Hillary Ajuebon, DH, Resources, Unity Bank Plc; Mr. Funwa Akinmade, Group Head, Retail, SME and E-Business, Unity Bank P lc; Doyinsola Ogunye, Founder, RESWAYE; Desmond Majekodunmi, Founder, LUFASI Nature Park; Ibukun Coker, Head, Strategy Department, Unity Bank Plc; Eghomwanre Iyamu, Head, E-Business Departmentm Unity Bank Plc and Samuel …

The Managing Director/CEO, Asset Management Corporation of Nigeria (AMCON), Mr Ahmed Lawan Kuru, said the corporation is taking more steps to recover the over N4… Asset Management Corporation of Nigeria (AMCON) The Managing Director/CEO, Asset Management Corporation of Nigeria (AMCON), Mr Ahmed Lawan Kuru, said the corporation is taking more …

…Commits over $20bn to Pan-African Investments Economist: Dangote Urges African Countries to Dismantle Trade Barriers to Sustain Growth, Overall Devt Africa’s foremost entrepreneur and President of the Dangote Group, Aliko Dangote has urged African countries to dismantle all economic barriers hindering free trade among the nations, in order to achieve …

In an increasingly uncertain macroeconomic environment, Fidelity Bank Plc has remained appealing in the banking sector. This is evident in its full year 2022 financial results which showed a better-than-expected performance amid the headwinds in the economy. Specifically, in the full year 2022 results, Fidelity Bank’s gross earnings increased to …

A company, Tripple C Motors Nigeria Ltd, has sued Pagmat Oil and Gas Nig. Ltd, Prudential Steps Savings & Loan and a popular bank over allegations bordering on N86 million car supply deal. A writ of summons issued by the company’s lawyer, Ojonimi Apeh, against the defendants was filed pursuant …

The Transmission Company of Nigeria (TCN) says effective May 1, it will reconnect Aba Electricity and two other Distribution Companies (Discos) earlier disconnected from the national grid due to non-compliance with market rules. The TCN had fortnight ago disconnected power supply in Aba, the commercial hub of Abia State through …

By Obiora Peters Contrary to a report by an online medium of an alleged corrupt and unethical practices by officials of the National Petroleum Investment Management Services (NAPIMS) over bidding for Government Security Agencies (GSA) CW 502377 within the Oil and Gas pipeline within Delta, Rivers and Bayelsa states, findings …

Indofood, the maker of the popular Indomie instant noodles, has come under scrutiny after its products were banned in Taiwan and Malaysia due to an increased cancer risk. It was reported that Health officials in both countries discovered the presence of ethylene oxide, a cancer-causing chemical, in the “special chicken” …