Business

Zenith Bank delivers strong results, posts N86.6bn profit in three months

Zenith Bank Plc has announced its unaudited results for the first quarter ending 31st March 2023, with an exceptional double-digit…

3 years ago

Otedola exits Transcorp, sells 6.3% stake to Tony Elumelu

The chairman of Geregu Power, Femi Otedola, has exited his 6.3 per cent stake in the indigenous conglomerate, Transcorp Corporation…

3 years ago

Ex-NNPC GMD sues EFCC, CBN, bank over $9.8m

Former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, has sued the EFCC, the Central…

3 years ago

Elumelu lauds UBA shareholders, N1.10 per share dividend approved

Shareholders of United Bank for Africa (UBA) Plc have approved the Board of the bank’s proposal to pay a dividend…

3 years ago

NNPCL, Norwegian firm sign MoU to build gas plant in Nigeria

The Nigerian National Petroleum Company Limited (NNPCL) has signed a Memorandum of Understanding (MoU) with a Norwegian company, Golar LNG,…

3 years ago

NEPZA targets $22bn investment from Delta special economic zone

The Nigeria Export Processing Zones Authority (NEPZA) says it is targeting $22 billion investment from Delta State as a special…

3 years ago

FG approves N6bn for construction of agriculture ministry headquarters

The Federal Government has approved N6 billion for the construction of new corporate headquarters for the Ministry of Agriculture and…

3 years ago

CBN: e-Naira ensures safety of money in banks

The Central Bank of Nigeria (CBN) has assured Nigerians of the safety of their money in banks through the operation…

3 years ago

Transcorp Group’s earnings hit N135bn, profit rises to N30.2bn, pays N2bn dividend

Nigeria’s largest listed conglomerate, Transnational Corporation Plc (Transcorp Group)’s Gross Earnings for 2022 has increased to N134.7 billion while Profit…

3 years ago

Cloud gaming: UK blocks Microsoft, Activision’s $68.7bn deal

The $68.7 billion (£55bn) deal by Microsoft to buy video game company Activision Blizzard has been blocked in the United…

3 years ago

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