Business

Glo Foundation spreads ‘Food Drive’ joy to more communities

Glo Foundation, the Corporate Social Responsibility (CSR) arm of Globacom, on Saturday extended its Food Drive Initiative “Giving Back Together” to more communities as thousands of families in Ikota, Ajah,…

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Investors gain N350bn on NGX as Mutual Benefits leads gainers’ chart

Stock market investors traded 7.521 billion shares worth N398.949 billion in 61,312 deals this week on the floor of the Nigerian Exchange Ltd. (NGX). This is in contrast to 2.902…

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Naira appreciates by 0.11% against Dollar 

The Naira appreciated on Friday in the official market, trading at N1,536.82 to a dollar. Data from the Central Bank of Nigeria (CBN) website showed that the Naira gained N1.84.…

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IMF appoints Tony Elumelu to its Advisory Council

……..on Entrepreneurship and Growth Heirs Holdings Founder and Group Chairman, Tony O. Elumelu, has been appointed by the International Monetary Fund (IMF) to its Advisory Council on Entrepreneurship and Growth,…

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MD NRC tasks Ogun on narrow guage rail for mass transit

The Nigerian Railway Corporation (NRC) has sought the partnership of the Ogun State Government on narrow guage rail line for mass transit in the state. The Managing Director, NRC, Dr…

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ECA urges balancing ICT taxes for Africa’s digital growth

Chief of Emerging and Frontier Technologies at the Economic Commission for Africa (ECA), Mactar Seck, presented a mixed view on taxing the ICT sector for economic growth and digital access.…

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NRC ready for cargo train services, says Opeifa  

The Nigerian Railway Corporation (NRC) says the Western district is ready for cargo train movement between Lagos and Kano on the narrow gauge. The Managing Director of NRC, Dr Kayode…

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UBA’s dividend payment lifts market with N369bn gain

The stock market opened the week on a positive note, with investors gaining N369 billion and performance indices rising by 0.56 per cent on Monday. Specifically, the Nigerian Exchange Ltd.…

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2024 Financials: UBA’s profit hits ₦804bn, declares N3 final dividend

………Solid core earnings drive growth in profitability and returns.Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its audited financial results for the full year ended December 31,…

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Group condemns MultiChoice’s subscription disparity in Nigeria, S’ Africa

Save the Consumers, a Non-Governmental Organisation (NGO), has condemned the 21 per cent subscription price hike by MultiChoice Nigeria on its DStv and GOtv services in the country. The Executive…

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