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Zenith Bank’s shareholders approve N125.59bn dividend

3 mn read Zenith Bank’s shareholders approve N125.59bn dividend Shareholders of Zenith Bank Plc Wednesday approved the proposed final dividend payment of N3.50 per share, bringing the total dividend for the 2023 financial year… Shareholders of Zenith Bank Plc Wednesday approved the proposed final dividend payment of N3.50 per share, bringing the total dividend for the 2023 financial […]

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The Chosen Data: Empowering Nigeria with affordable connections

2 mn read The Chosen Data: Empowering Nigeria with affordable connections  The Chosen Data: Empowering Nigeria with affordable connections The Chosen Data Company, a leading internet data provider, is proud to announce its third anniversary of providing affordable and innovative data and innovative services to individuals, businesses, and communities across Nigeria. Since its inception in 2021 by founder […]

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Nigerian Government Denies Binance Bribery Allegations

2 mn read Nigerian Government Denies Binance Bribery Allegations The Nigerian government has rejected claims of attempted bribery made by Binance CEO Richard Teng, accusing the company of trying to divert attention from a criminal investigation with baseless accusations of bribery. In a press statement by Rabiu Ibrahim, Special Assistant to the Minister of Information and National Orientation, the […]

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Nigerian Stock Market Shrinks by N268Billion as Investors Cash Out

2 mn read Nigerian Stock Market Shrinks by N268Billion as Investors Cash Out Yesterday, the domestic stock market continued its downturn from the previous session, resulting in an overall capitalisation decrease of N268 billion. The Nigerian Exchange Limited All Share Index (NGX ASI) also suffered a decline of 475.18 basis points, or 0.48%, closing at 98,228.50 points. Market capitalisation similarly […]

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Osun residents bemoan high cost of foodstuffs, hunger, poverty

< 1 mn read Osun residents bemoan high cost of foodstuffs, hunger, poverty.  supermarket attendant said the price of five litres of vegetable oil was between N5,500 and N5,800. Foodstuffs Residents of Osogbo in Osun have lamented the high cost of food, urging the federal government to establish price control boards to regulate the cost of staple foods urgently. […]

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Tinubu’s govt conjuring magic to increase VAT without prices of goods going up in Nigeria: Taiwo Oyedele

< 1 mn read Tinubu’s govt conjuring magic to increase VAT without prices of goods going up in Nigeria: Taiwo Oyedele. Taiwo Oyedele, Bola Tinubu The Bola Tinubu administration is considering another increase in the value-added tax rate in Nigeria but maintains it has a secret sauce to keep prices of goods at the same rate across the country. […]

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Transcorp President Owen Omogiafo makes MIPAD Top 100 as company posts impressive Q1 results

2 mn read Transcorp President Owen Omogiafo makes MIPAD Top 100 as company posts impressive Q1 results. Dr. Owen D. Omogiafo, President/Group CEO of Transcorp Group, has been recognized as one of the Most Influential People of African Descent (MIPAD) Global Top 100 Futurist & Innovators List. The list recognises individuals who have made remarkable contributions to shaping […]

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3 Nigerian banks record largest growth in dividend payments in 2023

2 mn read 3 Nigerian banks record largest growth in dividend payments in 2023 The banks made a lot of profit from the naira devaluation policy which led to increased dividend payout. Nigerian banks with the largest growth in dividend payment Shareholders of three Nigerian banks which include Access Holdings Plc, Fidelity Bank Plc, and FBN Holdings Plc […]

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