Business

The Board of Directors of Nigerian Breweries Plc, Nigeria’s foremost brewer, has recommended a total dividend valued at N12.92 billion for its shareholders for the 2021 financial year. The recommendation represents a 100 percent payout with a total dividend of N1.60k per ordinary...

Announces N717m dividend at the 8th AGM  Transcorp Hotels Plc paid a total dividend of N717 million to its shareholders at its 8th Annual General Meeting held at Transcorp Hilton Abuja on Monday.  The Chairman of the Board of Directors, Mr. Emmanuel Nnorom stated that the Company...

The $20 billion yearly trade between Russia and Africa will be affected by the Russia-Ukraine war, a report has shown. But Nigeria is expected to increase its oil and gas export to Europe following the raging war, which has resulted...

PAT leaps Significantly by 530%  Group secures consistent gas supply channels and increased generation capacityHotel Business on Track as hospitality sector fully recovered from Covid 19 impact Transnational Corporation of Nigeria (Transcorp) Plc, Nigeria’s largest, leading listed conglomerate with investments in Hospitality, Power, and Oil and...

Microsoft says it has spent $200m since the introduction of its African Development Centre in 2019. Te ADC West Africa Managing Director, Gafar Lawal, disclosed this during the launch of the ADC’s office on Monday. He said the ADC had since...

Foreign investment drops despite Buhari’s foreign travels Foreign Portfolio Investment (FPI) inflow reduced 34 per cent to $3.39 billion in 2021 versus $5.16 billion in 2020, despite 136 travels to 42 countries by Muhammadu Buhari, who returned from his latest junket to London on...

Quidax, a Fintech company that enables Fintech players to provide cryptocurrency-related services to their customers, has unveiled one of Africa’s biggest music producer, Micheal Collins, popularly known as Don Jazzy, as its brand ambassador. At the unveiling of its brand ambassador in Lagos this week, Quidax,...

Eunisell Limited has kicked off the recruitment drive for its 2022 Graduate Trainee programme to harness talents and address work-readiness challenges in work place.  The company said the programme is a 2-year development framework designed to provide solid foundation for smart graduates and enable...

…surprised at scale of investment; says nation set to witness agric boom President Muhammadu Buhari yesterday commissioned the new 3 million Metric Tonnes capacity per annum state-of-the-art Dangote Fertiliser Urea Plant, with an emphatic assurance that the project would give a huge fillip to...

Pay TV giant, MultiChoice Nigeria, has increased the prices of its DStv and GOtv packages MultiChoice Nigeria is the Nigerian Subsidiary company of MultiChoice Africa, owner of DStv and GOtv. A statement from the company on Tuesday, attributed the decision to...