Africa Prudential Plc has announced a ₦1.2bn total dividend payout following its financial performance in 2024. The company’s Profit After Tax (PAT) grew by 88 per cent, rising from ₦962.9m in 2023 to ₦1.81bn in 2024. The company introduced an interim dividend of 15 kobo per share at half-year 2024. …
Read More »U.S. backs Nigeria, demands justice for slain Kaduna Priest
The U.S. Mission in Nigeria has expressed support for the Nigerian government’s efforts to pursue justice following the tragic killing of Father Sylvester Okechukwu in Kaduna. In a statement released today, the mission emphasized the crucial role of Nigeria’s judicial system in ensuring accountability and due process throughout the investigation …
Read More »CBN refutes new N5,000, N10,000 banknotes report
The Central Bank of Nigeria declared as fake a report that it had introduced new N5,000 and N10,000 banknotes. In a post on its Instagram page on Wednesday, the bank said that the report did not originate from it. “The content is not from the Central Bank of Nigeria. Kindly …
Read More »Akpabio denies role in Abbo’s removal from Senate
The Senate President, Senator Godswill Akpabio, on Thursday berated a former lawmaker representing Adamawa North Senatorial District, Elisha Abbo, saying he has no hand in his removal from the National Assembly. The clarification was made in a statement issued in Abuja by Akpabio’s media aide, Eseme Eyiboh. Abbo was sacked …
Read More »Edo Governorship: PDP Rejects Tribunal Ruling
The Peoples Democratic Party (PDP) has rejected the ruling of the Edo State Governorship Election Petition Tribunal. In a statement on Thursday by the PDP National Publicity Secretary, Debo Ologunagba, the party described the ruling as a miscarriage of justice and a betrayal of public trust. The tribunal had on …
Read More »CAVEAT EMPTOR: Firm Issues Warning Against Hampton Harbour Property Transactions
Structured HQ Legal, (SHQ) has issued a public notice warning against any transactions involving the buying, selling, leasing, or letting of the Hampton Harbour landed property. The landed property measuring at 19.5 hectares is located at Elegushi Royal Family Land, Ikate Ancient City, Eti Osa, Local Government Area, Lagos State …
Read More »Lagos set to lead Energy Revolution at Inaugural Summit
Lagos State is set to take a significant step in transforming its energy sector with the upcoming Inaugural Lagos Energy Summit, scheduled for April 2025. The summit, themed “Journey to Energy for All,” will bring together key stakeholders from various sectors to collaborate on innovative energy policies, sustainable solutions, and …
Read More »Stanbic IBTC Bank Nigeria PMI: Sharpest rise in new orders in 14 months
The recovery in the Nigerian private sector gathered strength in March, with output, new orders and employment all increasing to greater degrees than in February. Firms were helped to some extent by softening inflationary pressures, with input costs increasing at the slowest pace since May 2023. The headline figure derived …
Read More »PRESIDENT TINUBU CONGRATULATES JIM OVIA ON ADMISSION TO THE FREEDOM OF THE CITY OF LONDON
President Bola Tinubu has congratulated the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, on his admission to the prestigious Freedom of the City of London. Admission to the Freedom of the City of London is an honour bestowed on individuals either for their service to the city …
Read More »REVEALED: Trouble Hits DSTV/GOTV As MultiChoice Loses Nearly 4million Subscribers
MultiChoice, Africa’s leading entertainment provider and operator DStv, has warned shareholders to brace for tougher times as the company struggles in a challenging economic climate. The pay-TV giant has suffered a sharp decline in its subscriber base, dropping from over 23 million to 19.3 million in less than two years. …
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