House of Reps Nigeria’s House of Representatives has rejected a proposal to give life pension to Senate President, Speaker of the House and their deputies. When the proposal came up for vote at plenary on Tuesday, 193 members voted against it, while 162 voted in favour and three members abstained. …
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Sunday Asefon, the president of the National Association of Nigerian Students (NANS) has said that the association protest over the recent strike by the Academic Staff Union of Universities (ASUU) will be worse than the EndSARS struggle if nothing is done to end the strike in few days. Asefon spoke …
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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 …
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From left— Ogbeni Rauf Aregbesola, Alaafin of Oyo Oba Lamidi Adeyemi and the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, Ojaja II, at the reconciliation meeting. The two prominent Yoruba monarchs, Ooni of Ife, Oba Adeyeye Ogunwusi and the Alaafin of Oyo, Oba Lamidi Adeyemi, today, met with Nigeria’s Minister …
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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 …
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… 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 …
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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 …
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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. …
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According to the holy book, one of the names of God is Jehovah-Rapha meaning ‘the Lord who heals’ through his prophets. With this name, the blind have regained sight, the lame walks, the afflicted become healed and the dead rise. And one of the gifts the holy spirit gives the …
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In Africa, e-commerce is developing and gaining acceptability. However, the rate of adoption is equivalent to just 5% of the market. This leaves a lot of ground to be covered to properly explore the industry’s untapped potential. Industry expert and chairwoman of Jumia Nigeria, Juliet Anammah, while speaking on the …
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