The National President of the National Labour Congress (NLC), Joe Ajaero, has described the federal government increase of civil servants by 35% as mischievous, insisting that the minimum wage should not be below N615,000
The Group will also seek shareholders’ endorsement for the increase of the Company's issued share capital from N9,901,355,390.50 divided into 19,802,710,781 ordinary shares of 50k each to N19,802,710,781.00 divided into 39,605,421,562…
FCMB Group Plc released its unaudited financial results for Q1 2024, revealing a pre-tax profit of N31.344 billion, marking a significant 193% increase year-on-year
The Minister of Works, Sen. David Umahi has stated that Landmark Africa has no claim to the 250metres shoreline which is part the Right-of-Way for the Lagos-Calabar coastal highway being built by the federal government.
When the management of the Nigerian Exchange Limited (NGX) in July 2023 announced that it was reclassifying Fidelity Bank Plc from small-price stock to medium-price stock, financial analysts concluded that the road to attaining Tier1…
Landmark Africa, owner of Landmark Beach on Victoria Island, responded to the demolition of parts of its property for the Lagos-Calabar Coastal Highway project, stating that six years of investment was destroyed in just six hours.
Kredi, a full-service digital bank that helps Nigerians spend, save, invest, borrow, and “banktheinKredibleway” has announced award-winning Nollywood actor, Deyemi Okanlawon as its first brand ambassador.
BuuPass, Kenya’s digital intercity multimodal travel solutions provider, has finalized its acquisition of QuickBus, a major player in the bus ticketing service industry in Nigeria and South Africa.
The Nigerian naira traded near its April low, while the dollar index approached a six-month high as the anticipation of a Federal Reserve meeting kept traders largely biased towards the greenback.
The Federal Government has approved an increase in salaries across various salary structures in a move aimed at boosting the welfare of civil servants.
Multichoice Nigeria, a popular Pay TV provider, has proceeded with the upward adjustment of its prices for DStv and GOtv subscribers, despite a recent court ruling prohibiting the company from raising rates.
The Executive Director of Cavista Technology, Mr Bamidele Odufuye, has said that Nigeria needs more tech startups focusing on health solutions, having recorded successes in fintechs and other similar areas.
Shareholders of Transcorp Hotels Plc have endorsed the recommendation of the board of directors for a dividend of N2.05 billion for the financial year ending December 31, 2023.
The Chairman of Dangote Sugar Plc, Alhaji Aliko Dangote, says the company plans to end the importation of sugar in the next four years going by efforts in its backward integration policy.
The Nigeria Inter-Bank Settlement System (NIBSS) 2023 Annual Fraud Landscape reveals an alarming trend in international fraud activities targeting Nigerian banks' customers.
Earlier in March, the PayTV operator had announced a price increase in its home country, South Africa, and Kenya, and the new prices have taken effect from April 1, 2024.
The Federal Government has inaugurated a 6.2 kilometer (KM) Port Harcourt – Aba railway project, marking the start of train operations between Abia and Rivers states. The Minister of Transportation, Sen. Saidu Alkali, made the declaration…
The Nigerian Naira closed the month of April in a steep decline, closing at N1,390.96/$1 in the NAFEM, where the exchange rate trades officially. This rate represents a 5.8% depreciation from the month’s opening rate of N1,309.39 and a…
Binance founder, Changpeng Zhao, has been handed a four-month prison sentence due to lapses that enabled cybercriminals and terrorist organizations to operate freely on the globe's leading cryptocurrency exchange.
BUA Foods has posted a profit before tax of N62.4 billion in Q1 2024, representing a 36% year-on-year increase from the N45.9 billion pre-tax profit posted in Q1 2023.
The Lagos State Government has disbursed a total sum of N849,555,000 in scholarships and bursaries to 10,066 students enrolled in its tertiary institutions.