Dangote drops in Forbes ranking, loses N553 billion Africa’s richest man, Aliko Dangote, stands on the brink of losing the title. On Thursday, Forbes downgraded his worth by more than 6 per cent. His rival, Johann Rupert, is $100 million away from displacing Dangote in the African category of[Read More…]
Uber launches electric bike in Kenya, Nigeria to follow Global ride-hailing giant Uber on Thursday launched an electric motorbike service in Kenya, as the company seeks to make its global platform emissions-free by 2040. Uber’s general manager for sub-Saharan Africa, Kagiso Khaole said the rollout in Kenya will be[Read More…]
Nigerian Equities extend gains, rakes N61 billion Nigerian equities market ended the trading session for August 2023 bullish as Investors continue to buy into blue-chip firms. The All-Share Index (ASI) traded 0.16% higher to close at 66,548.99 index points as against 66,439.53 index points recorded in the previous day’s trading[Read More…]
Fidelity Bank to help Schools prepare for New School Session with Edu Loan Product As the summer break winds down, leading financial institution, Fidelity Bank Plc, has emphasised its devotion to help schools prepare adequately for the next session and deliver quality education. Through its bespoke product known[Read More…]
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…]
