Business

Transcorp Hotels posts impressive performance

…..gross profit increases by 143% and revenue grows by 114% to end a record-breaking year at N21.74bn, Shareholders to receive about N717m dividend                                                                                            Transcorp Hotels Plc has announced its Audited Financial…

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NCC to Strengthen AOL Administration, to deploy RAS 

The Nigerian Communications Commission (NCC) is unwavering in its commitment to deploy a Revenue Assurance Solution (RAS) in the telecommunication sector to ensure a more robust Annual Operating Levy (AOL)…

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NCC CSIRT Discovers Banking App-Targeting Malware 

The Nigerian Communications Commission’s Computer Security Incident Response Team (CSIRT) has discovered a newly-hatched malicious software that steals users’ banking app login credentials on Android devices.  According to a security…

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Dangote Cement Wins Best Quality Brand Award in West Africa

For the umpteenth time, leading cement brand, the Dangote Cement has won the coveted West Africa’s Best Quality Cement Brand of the Decade award.  The foremost cement manufacturer in Africa…

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Investors gain N19.48bn in a week on NGX

Investors on the floor of the Nigerian Stock Exchange Ltd.,  traded a turnover of 1.668 billion shares worth N19.481 billion in 25,979 deals during the week ended, February 25. This…

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Africa contesting to win ILO DG election-Ngige

The Minister of Labour and Employment, Senator Chris Ngige, says ahead of the March 25, election for a new Director-General of International Labour Organisation (ILO), Africa will contest to win…

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AIB-N reports on Quorum helicopter crash, three others

The Accident Investigation Bureau Nigeria (AIB-N), today released four accident reports including that of Quorum helicopter crash, the only fatal accident in the country in the last five years.The agency,…

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NCC confirms MTN, Mafab’s payment for 3.5GHz Spectrum Licence 

Provisional winners of the 3.5 Gigahertz (GHz) spectrum licence, MTN Communications Nigeria Plc and Mafab Communications Limited, have made their full payment of $273.6 million each for the 5G Spectrum…

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Distressed vessel moved off federal ocean terminal, Onne

A Nigerian flagged Motor Vessel, MV VIGEO ADEBOLA which was reported to be distressed midstream Federal Ocean Terminal ONNE due to operational error has been moved to a better location clear away…

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NGX extends bullish run, increases by N93.4bn

The Nigerian equities market extended its positive performance on the floor of Nigerian Exchange Ltd., Monday, opening with a gain of N93.43 billion, representing 20 per cent increase over N47.14…

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