By Seun Ibiyemi Transcorp Hotels Plc has approved a final dividend payment of 64 kobo per share for the 2024 financial year, which, combined with an earlier interim dividend of 10 kobo per share, brings the total dividend payout to…
By Matthew Denis The International Monetary Fund (IMF) has expressed its support for the Single Window Trade Project, an innovative initiative set to streamline trade processes, boost revenue, and position Nigeria as a leader among African economies. In a statement…
By Seun Ibiyemi The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, has described Micro, Small, and Medium Enterprises (MSMEs) as the cornerstone of the Nigerian economy. Oduwole made this statement on Wednesday in Makurdi during the opening of…
A stockbroker, Mr David Adonri, has stated that the anticipated listing of the Nigerian National Petroleum Company (NNPC Ltd.) on the Nigerian Exchange Ltd. (NGX) will unlock global capital, helping the company surpass President Tinubu’s $60 billion investment goal by…
Nigeria has increased its electricity generation capacity by 2,000 megawatts (MW) in just two years, a remarkable achievement that previously took nearly four decades to accomplish. The Minister of Power, Adebayo Adelabu, made this announcement during a courtesy visit to…
By Seun Ibiyemi The Chairman of the Senate Committee on Capital Market, Senator Osita Izunaso, has praised President Bola Tinubu for signing the Investments and Securities Act (ISA) into law. He stated that the signing of the Investments and Securities…
The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, has described Micro, Small, and Medium Enterprises (MSMEs) as the backbone of the Nigerian economy. Oduwole stated this on Wednesday in Makurdi at the opening of a 2-day Benue Inventors…
By Seun Ibiyemi The Centre for the Promotion of Private Enterprise (CPPE) has strongly opposed the federal government’s proposed ban on the importation of solar panels, warning that such a move could substantially exacerbate Nigeria’s energy crisis. This opposition comes…
Revenue-generating agencies owe FG N9.3trn — NEITI Revenue-generating agencies owe the Federal Government a total of N9.3 trillion in unremitted liabilities. The Nigeria Extractive Industries Transparency Initiative (NEITI) revealed this in its 2023 industry report, which draws attention to financial…
…Declares total dividend of N2.10 per share Leading financial institution, Fidelity Bank Plc, released its 2024 full-year Audited Financial Statements, reporting a 210% growth in Profit Before Tax to N385.2 billion. According to the Bank’s results released on the Nigerian…
