Zenith Bank appoints Juliet Ehimuan as Non-Executive Director The Board of Directors of Zenith Bank Plc has appointed Dr. Juliet Ehimuan as a Non-Executive Director of the bank effective August 29, 2023. The appointment, which was announced yesterday in a statement to the Nigerian Exchange (NGX) Limited, has also be[Read More…]
AFEX, GCX partner to foster cross-border commodities trading Nigeria’s commodities player, AFEX, and Ghana Commodities Exchange (GCX) have partnered to strengthen the commodity-trading ecosystem across both countries. At the signing of the Memorandum of Understanding (MoU) at AFEX’s office in Abuja, the Chief Executive Officer of the Ghana Commodities[Read More…]
LASACO Assurance maintains stable performance LASACO Assurance Plc has maintained the A(NG) performance rating in the latest GCR rating. The company in a statement said it hit the “stable outlook” standard in the last performance assessment of the world-acclaimed rating agency, maintained the feat through professional discipline, customer relations,[Read More…]
Fidelity Bank records highest earnings per share on the NGX for H1 2023 For the second year running, leading financial institution, Fidelity Bank Plc, has emerged the company with the highest earnings per share on the Nigerian Exchange Limited (NGX) based on half year financial figures. According to a[Read More…]
FG discovers illegal crude oil connection in Abia The Federal Government’s Oil Theft Situation Assessment Delegation to the Niger Delta Region during the tour of states in the region. An oil theft situation assessment delegation deployed in the Niger Delta by President Bola Tinubu discovered an illegal oil connection[Read More…]
Dangote Emerges Most Valuable Brand In Nigeria For 6th Year Dangote Industries Limited has emerged as Nigeria’s most valuable brand for the sixth consecutive year, as confirmed by the brand and marketing firm, TOP 50 BRANDS NIGERIA. Winning the award for a record 6th time confirms the foremost African indigenous[Read More…]
Brics Summit: Nigeria committed to collaborating with China, African countries – Shettima The Vice President, Kashim Shettima, has said that Nigeria remains committed to collaborating with China and African countries to ensure that the objectives of the partnership are achieved for the benefit of both parties. Mr Olusola Abiola,[Read More…]
Heineken sells off Russian beer business for €1 Heineken has finally sold off its Russian business for €1 – or 86p – nearly a year and a half after first pledging to do so. The Dutch brewer said it will take a loss of €300m on the division, which[Read More…]
Nigeria’s unemployment rate dropped to 4.1%, National Bureau of Statistics reveals Nigeria’s unemployment rate dropped to 4.1 per cent in the first quarter of 2023 from 5.3 per cent in the fourth quarter of 2022. Semiu Adeniran, the statistician-general of the federation and CEO of the National Bureau of[Read More…]
NCC says Nigeria ranks 7th in global mobile phone usage The Nigerian Communications Commission (NCC) says Nigeria has ranked as the 7th country in the global usage of mobile phones and 11th in terms of internet penetration. NCC Executive Vice-Chairman, Umar Danbatta, made this known in Abuja on[Read More…]
