Category: Business
Subsidy back as FG pays N169.4bn in August
Despite the numerous assurances by President Bola Ahmed Tinubu that the subsidy is gone, finding shows that the federal government paid N169.4 billion [...]
Debtor billionaire, Mike Adenuga troubled over firm’s multi-billion naira debt
These are not the best of times for Nigerian billionaire and Globacom Limited founder, Mike Adenuga, as he is burdened by a multibillion-naira debt [...]
Dangote inducts new graduate trainees; says youth employment is key to nation’s growth
The Pan-African Conglomerate, Dangote Industries Limited has inducted a new batch of Graduate Trainees in its Graduate Trainee programme, with the man [...]
Yemi Cardoso nominated by Tinubu as CBN governor
President Bola Ahmed Tinubu has approved the nomination of Olayemi Cardoso to serve as the new Governor of the Central Bank of Nigeria, CBN for a term [...]
Zenith Bank delivers phenomenal triple-digit growth in topline and bottom-line in H1 2023 result
Zenith Bank Plc has announced its audited results for the half-year ended 30 June 2023, recording an astounding triple-digit growth of 139% in gross e [...]
Unity Bank gows gross earnings to N27.5bn in H1’2023 as naira devaluation impacts bottom-line
Retail lender, Unity Bank Plc grew its deposits to N333.38 billion, representing a marginal increase of 2% compared to N327.42 billion recorded in H1’ [...]
DSS interrogates CBN deputy gov, Aishah Ahmad
The Deputy Governor of the Central Bank of Nigeria, CBN, in charge of Financial System Stability, Aishah Ahmad, has been apprehended by the Department [...]
Dangote’s 50kg cement costs between N4,000 to N4,600, while cement sells at an average price of N6,216 in Benin despite govt’s regulation
The allegation that went viral on the social media last week that Dangote Cement Plc was selling a bag of 50kg cement to Nigerians at an exploitative [...]
Dangote Cement remits N412.9bn tax to FG in 3 years
Dangote Cement Plc, a subsidiary of Dangote Industries Limited, (DIL), paid a total of N412.9 billion into the coffers of the Federal Government as ta [...]
GTCO Plc releases 2023 half year audited results …….. reports profit before tax of ₦327.4bn
Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the period ende [...]