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Saturday, April 27, 2024
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CATEGORY

Companies

Google Parent Announces First-Ever Dividend; Shares Soar

Google's parent company Alphabet announced its first-ever dividend Thursday and a $70 billion stock buyback, prompting investors to send the stock surging nearly 16%...

Foremost Banker, Jim Ovia Appointed Chairman of Nigerian Education Loan Fund by President Tinubu

President Bola Tinubu has approved the appointment of the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, as the Chairman of the...

Ikeja Hotel Surges to Record on Growing Occupancy, Returns to Pre-pandemic Levels

Ikeja Hotel Plc has posted record profit in the first quarter of 2024 propelled by growing occupancy return to pre-pandemic level and aggressive cost...

Q1: More Nigerians Buy Dangote Cement, as Volume Rises by 26.1% to 4.6MT

Strategies adopted by Dangote Cement to increase sales and ensure an adequate supply of products to customers are yielding the desired results as domestic...

Dangote Cement’s Operating Profit Jump 62.75% on Growth in Pan-African Volumes

Dangote Cement Plc operating profit jumped 62.75 percent in the first quarter, thanks to a sustained growth in Pan-African volumes as a huge infrastructure...

PZ Cussons May Exit Africa After Sales Fall in Nigeria

PZ Cussons Plc put its Africa business under review, potentially pivoting away from the region in which it was founded to invest in its remaining...

GTCO’s Habaripay Dominates Fintech as Total Payment Value Surges 8,620% to N12.14trn

HabariPay Limited, a fintech subsidiary of Guaranty Trust Holdings (GTCO) Plc, has consolidated its dominance of the fintech industry as the company magnifies digital...

First Bank Appoints Alebiosu Acting MD

First Bank of Nigeria Limited has appointed Olusegun Alebiosu as its acting Managing Director with effect from April 2024. The bank stated this in a...

Adeduntan Resigns as First Bank CEO

The Managing Director of First Bank Nigeria Limited, Dr Adesola Adeduntan, has tendered his resignation. Adeduntan’s departure marks the end of his nine-year tenure, during...

FBN Holdings Cancels EGM For N300bn Capital Raise Plans

FBN Holdings a Tier one Nigerian lender has cancelled an Extraordinary General Meeting (EGM), scheduled to be held on Tuesday, April 30, 2024. The meeting...

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