Business Archives - Page 125 of 982

Business

What Executive Orders I signed on oil and gas would do to petroleum sector – Tinubu

Kazeem Ugbodaga

2 years ago

President Tinubu also assured the ExxonMobil delegation that the federal government is committed to resolving the divestment issues between the…

Lagos pays N2.67 billion as insurance death benefits

Kazeem Ugbodaga

2 years ago

The Commissioner disclosed that the Land Use Charge Assessment Appeal Tribunal (LACUUT) treated 2,082 complaints which were resolved using administrative,…

Nigerian Company MMNL to invest $50 Million to scale up its Tubular Batteries Production to 100,000 with backward integration in Next 5 years

Kazeem Ugbodaga

2 years ago

The company is planning to invest around $50 million in capacity expansion, new greenfield projects in the energy backup segment,…

Nigerian stock market capitalisation gains N141bn

Kazeem Ugbodaga

2 years ago

By Rukayat Adeyemi Trading at the Nigerian stock market started the week on a positive note, as all performance indices…

FCMB Group: Shareholders approve issued capital increase, ₦150bn capital raise

Ademola Adegbamigbe

2 years ago

FCMB Group Plc's shareholders, at the company's 11th Annual General Meeting (AGM), approved an increase in issued share capital from…

UBA posts N607bn profit after tax, pays N78.7bn dividends to shareholders

Kazeem Ugbodaga

2 years ago

UBA posted an impressive leap in gross earnings, as it grew from N853.2 billion recorded at the end of 2022…

FG targets 37,000 jobs in geriatric social care industry

Taiwo Okanlawon

2 years ago

Omokaro disclosed that NSSC has set up a 23-member private sector led Council made up of all relevant stakeholders in…

FCMB to raise additional N150bn in third quarter of 2024

Kazeem Ugbodaga

2 years ago

According to Balogun, the company has retained 80 per cent of its profits to support its growth and expansion initiatives.

Joseph Afolabi empowers young African leaders through YALI and Sustainability Initiatives

Taiwo Okanlawon

2 years ago

Joseph’s contributions to leadership and sustainability are making a significant impact on his community and beyond. His work through YALI…

FCMB Group’s 11th AGM to Highlight Record 2023 Financials, Chart Course for Future Growth

Ademola Adegbamigbe

2 years ago

FCMB Group Plc is set to hold its 11th Annual General Meeting (AGM) at the Balmoral Convention Center, Federal Palace…

NCAA to sanction Turkish Airlines

Kazeem Ugbodaga

2 years ago

According to him, the agency would not hesitate to roll out stiff penalties and sanctions to Turkish Airlines as Nigerian…

Lagos attracts over N50 billion investment in one year

Kazeem Ugbodaga

2 years ago

According to the Commissioner, the new multi billion naira investments, one of which is the Twinings Ovaltine Nigeria Limited (TONL),…

Naira gains against dollar at official market

Ayorinde Oluokun

2 years ago

The Association of Bureau De Change Operators of Nigeria (ABCON) commended the CBN’s reforms for the Naira’s appreciation at the…

Transcorp Power declares N23.46 billion dividend for shareholders

Kazeem Ugbodaga

2 years ago

The company recorded gross earnings of N142.1 billion, a 57.3% increase, compared to the previous year.

CBN continues aggressive tightening, raises lending rate to 26.25%

Ayorinde Oluokun

2 years ago

Mr Yemi Cardoso, the Governor of CBN said this on Tuesday in Abuja, while reading the communique from the 295th…

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