Shareholders of Dangote Cement Plc yesterday commended the Management of the company for an impressive performance despite the economic challenges in the year under review. Unanimously, the shareholders approved N20 per share for the year ended December 31, 2021 as against the N16 paid in the preceding year. This represents a 25 per cent increase…
A Nigeria-based Congolese, Kandigu Kadi and a Nigerian, Makowulu Ebuka Anthony have been arrested by operatives of the National Drug Law Enforcement Agency, NDLEA at the NAHCO and SAHCO export sheds of the Murtala Muhammed International Airport, Ikeja Lagos for attempting to export controlled and illicit drugs to the United States of America and Dubai,…
As part of activities commemorating the 2023 Democracy Day, Ogun State governor, Dapo Abiodun, has approved the committal of six convicts on death row to life imprisonment and also released 40 inmates. The governor made the pronouncement on Sunday while speaking at the June 12 commemorative anniversary and Nigeria’s Democracy Day, held at the M.K.O…
In fulfilment of its corporate social investment initiative pillars in Education, Economic Empowerment and Health, Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, continued to partner with stakeholders in the Nigerian health sector to further strengthen the system and give Nigerians access to quality and affordable healthcare. Wole Adeniyi, Chief Executive, Stanbic…
Tech company, Huawei, has said that with the continuous development of fields such as 5G, artificial intelligence (AI), and Big Data, data centres will only grow in scale and importance. This is even as there is growing pressure on data centres to use less electricity and operate more sustainably, especially as economies in Africa and…
The administration of Governor Ifeanyi Ugwuanyi of Enugu State has offered bursary to 165 Enugu students in different campuses of the Nigeria Law School across the country. The I65 beneficiaries of the bursary were identified and listed by Enugu law students themselves when they interacted with Gov. Ugwuanyi at the Government House, Enugu, recently. Confirming…
The Seme Area Command of the Nigeria Customs Service on Thursday handed over seizures with a Duty Paid Value of N1,481,107,671 to the National Agency for Food Drugs Administration and Control (NAFDAC) and National Drug Law Enforcement Agency (NDLEA) for further investigation. The Area Controller of the Command, Bello Jibo during a press conference noted…
Fragmentation in the Nigerian payment space has served more as a constraint than an enabler; Squad by GTCO positions to lead with innovation and efficiency. Without a doubt, digital payment is the next growth frontier for financial services. Amongst other extenuating factors, growing digitalisation, mobile penetration, and evolving consumer behaviour have accelerated the shift towards…
Gozem and IFC join forces to co-develop a $10 million project that will enable Moto-Taxi drivers in Togo and Benin to access affordable vehicle financing to purchase or rent bikes with the ultimate goal of increasing their take home income. The project will also validate that electric bikes are a suitable replacement for the current…
To celebrate this year’s Democracy Day, the Federal Government has declared Monday, June 13, 2022, as a public holiday. Dr Shuaib Belgore, Permanent Secretary in the Ministry of Interior, stated in a statement released on Thursday that the declaration was made on behalf of the Federal Government by the Minister of Interior, Ogbeni Rauf Aregbesola.…