Business

Huawei Technologies (Nigeria) Limited has been awarded as the ‘Best Technology, Offshore, Oil and Gas Company’ at the ongoing Nigerian International Energy Summit (NIES) in Abuja. The award was presented to the company at the gala night of the summit which held at the Banquet of the State House, Abuja. …

In commemoration of the International Women’s Day 2022, foremost financial institution, Fidelity Bank Plc, has announced plans to celebrate leading women and female achievers at a networking event in partnership with media entrepreneur – Linda Ikeji – on Tuesday, 8 March 2022. Themed ‘Breaking the Bias’, this year’s International Women’s …

Mele Kyari, NNPC GMD The Nigerian National Petroleum Company Limited (NNPC), has expressed determination to increase Nigeria’s oil production amid rising crude oil prices in the international market in the wake of Russia-Ukraine crisis. Nigeria had missed its crude oil output target for January 2022, pumping 1.46 million barrels per …

Telecommunication giant, Huawei has stated that their recently released three scenario-based ICT solutions are capable of solving the various challenges faced by the Nigeria government in the production of oil and gas in the country. Li Wei, Director of Huawei Nigeria Enterprise Business stated this on Tuesday while addressing members …

      Heritage Bank Plc in partnership with the Lagos Chapter of Federal Government College Abuloma Old Girls’ Association is strategically positioning Nigerian women with the aim of finding their balances as a roadmap to financial freedom. This was revealed at the maiden edition conference titled, “OTRFA – On …

Mele Kyari, NNPC GMD The Nigerian National Petroleum Company Limited (NNPC), has confirmed the exit of International Oil Companies (IOCs) from Nigeria, while maintaining that it would continue to develop the country’s gas resources despite the development, which it attributed to the global push for energy transition and net carbon …

  Shareholders to receive about N717m dividend ABUJA, NIGERIA – February 28, 2022 – Transcorp Hotels Plc has announced its Audited Financial Statements for the full year ended December 31, 2021. The results published on the Nigerian Group Exchange showed a 114% growth in Revenue to N21.74bn from N10.16bn as of December 2020, while Gross Profit rose by 143 % to N16.23bn from …

… Proposes dividend of ₦20.00 per share Dangote Cement’s commitment to environmental disclosures and sustainability is yielding the desired results with Carbon Disclosure Project (CDP) raising its rating from C to B- even as it proposes a dividend of ₦20.00 per share in the year ended December 31, 2021. The CDP …

Stanbic IBTC Stockbrokers Limited, a subsidiary of Stanbic IBTC Holdings PLC, has introduced the Stanbic IBTC Stockbroking Zero Account Opening campaign to help drive local participation in the capital market. The campaign, the company said, is targeted at removing the limitations to equity investment and providing investment opportunities that would …

Zenith Bank Plc has announced an impressive result for the year ended December 31, 2021, recording a double-digit growth of 10% in gross earnings which rose to N765.6 billion from N696.5 billion reported in the previous year. This is despite a challenging macroeconomic environment aggravated by the coronavirus (COVID-19) pandemic. …