Red Star Express: Growing balance sheet for improved shareholders returns By Kayode Tokede Red Star Express Plc, the number one listed courier and package Delivery Company in the country in its audited result and accounts for full year ended March…
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Foreign reserves appreciate to $39.62bn
By Kayode Tokede The Central Bank of Nigeria (CBN) has said the country’s foreign exchange reserves appreciated to $39.62billion as at October 14, 2021. The recent increase in the reserve position, which has continued since 25th of August, is in…
United Capital announces 72% increase in profit to N7.09bn
By Kayode Tokede United Capital Plc records 72 per cent profit growth to N7.09 billion at the end of the third quarter of 2021 financial year from N4.12 billion in the comparable period in 2020. Summary of the scorecard shows…
Fidelity Bank emerges winner for the highest disbursement to DBN-focused Locations Award
By Kayode Tokede As a testament of its determination to support Small and Medium-scale Enterprises (SME) to scale and run profitable ventures, leading financial institution -Fidelity Bank Plc -has been presented the 2020 Development Bank of Nigeria (DBN) service award…
Inside the pandora box
By Dakuku Peterside Exposing secrets in the public interest is gradually gaining public acceptance and appreciation. It is also a testament to how technology has further reduced the world to a global village. The men and women who do such…
Opposition only bellyaching, Gov. Abiodun already deserves another term — Engr. Adeola Sosanwo
In this interview by Bankole Taiwo, a chieftain of the All Progressives Congress (APC) in Ogun State, Engr. Adeola Sosanwo speaks on varied topical issues especially as touching Ogun State politics insisting that Gov. Dapo Abiodun has no doubt done…
No going back on taxation of carbonated drinks — Minister
By Uthman Salami The Minister of Finance Budget and National Planning, Zainab Ahmed, has insisted that government would not rescind its position on imposing exercise duties on carbonated drinks. She said this will be part of the additions in the…
NACCIMA to partner Google over investment of $1bn in Africa
By Uthman Salami The Nigerian Association of Chambers of Commerce Industry Mines and Agriculture (NACCIMA) has expressed intention to partner with Google as it announces key investment strategy in Africa. Google Chief Executive Officer, CEO Sundai Pichai, recently expressed commitment…
Heineken launches mandatory takeover bid of Champions Breweries
…Seeks to buyout remaining 15.3% equity stake Heineken has launched a mandatory takeover bid of Champions Breweries, offering to buyout remaining 15.3% equity stake. Renowned Dutch brewing company, Heineken N.V, has launched a mandatory takeover bid for the acquisition of…
Barkindo, Kyari, others set for NAEC 2021 Conference
Secretary General of the Organization of the Petroleum Exporting Countries, OPEC, Mohammed Barkindo will sit as the Special Honorary Conference Chairman at the upcoming 2021 conference of the Association Of Energy Correspondents of Nigeria, NAEC slated for November 2. The…