Transnational Corporation Plc (Transcorp) has revealed that Tony Elumelu, the chairman of the company, has acquired fresh 9.7 billion shares in separate deals in recent days. The acquisition made him the biggest shareholder of the company, taking the prime spot from two previous owners. The conglomerate’s shares numbering 2.4 billion[Read More…]
The Nigeria Export Processing Zones Authority (NEPZA) is targeting 22 billion dollars investment from Delta as a special economic zone. The Managing Director of the agency, Prof. Adesoji Adesugba made this known at the presentation of licence to the Delta Special Economic Zone (DSEZ) on Wednesday in Abuja. While commending[Read More…]
…… Declares total dividend of 50K per share Fidelity Bank Plc, a leading financial institution released its 2022 Audited Financial Statements on the Nigerian bourse on Thursday. The results in a release showed a 34.4% growth in Gross Earnings YoY to N337.1bn, driven by 45.2% growth in interest and similar[Read More…]
The National Economic Council (NEC) on Thursday suspended the planned removal of subsidy on petroleum products by the end of President Muhammadu Buhari’s administration to allow consultation with Tinubu. It however said all preparatory plans with various segment of government, including States and the incoming administration should be intensified. Minister[Read More…]
Kerosene, the fuel for cooking in poor households, doubled in price in March versus 12 months prior, with Adamawa, Abuja, and Bauchi selling at the highest rate and Jigawa, Kaduna, and Edo in the bottom rung of the price ladder. Zonal price variations The report listed the average price per[Read More…]
.As end to coal remains elusive The current attention being shifted to gas in the face of the Ukraine and Russia war as well as the energy transition may fade sooner than expected if the agreement of the world’s seven richest countries (G-7) to prioritise renewable energy over gas is[Read More…]
(L-R) Bunmi Bajomo, Head, Group Corporate Bank, Ecobank Transnational Incorporated (ETI); Cecilia Akintomide, Chief Executive Advisor to the GCEO, ETI; Bolaji Lawal, Managing Director, Ecobank Nigeria; Jeremy Awori, Group Chief Executive Officer, ETI; Temi Popoola, CEO, Nigerian Exchange Limited (NGX); Bola Adesola, Chairman, Ecobank Nigeria; Caro Oyedeji, Deputy Managing Director,[Read More…]
Renowned distance running coach, Stephen Nuhu says he expects the first ever sub-30 minutes run for men at the ninth Okpekpe international 10km road race next month in Okpekpe, Edo state. Nuhu, who is in Pankshin, one of the coldest cities in Plateau state preparing the athletes for the World[Read More…]
L-R: Parish Priest, Our Lady of Perpetual Help Catholic Church, Victoria Island, Lagos, Rev. Father Julius Olaitan; Executive Director/Chief Operations and Information Officer, Fidelity Bank Plc, Mr. Stanley Amuchie; MD/CEO, Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe; and Assistant Parish Priest, Our Lady of Perpetual Help Catholic Church, Victoria Island, Lagos,[Read More…]
Nigeria’s leading creative powerhouse, X3M Ideas, has been announced as one of the 40 top global agencies by the publishers of an international publication, Good Report. Announcing the results of the 2022 Good Report, which featured the top 40 campaigns ranked over 1029 campaigns identified by the editorial team of[Read More…]
