Italy announces $6bn plan to strengthen partnership with Africa at Italy-Africa Summit
The government of Italy unveiled a near $6 billion plan to support African development at a one-day Italy-Africa summit in Rome on Monday. African Development Bank Group President Dr Akinwumi…
FBN Holdings 2023 earnings per share doubled on higher operating income
By Kayode Ogunwale The financial giant, FBN Holdings Plc have announced the unaudited full year 2023 financial statement which revealed a strong growth in earnings to billion with an earning…
Sustained operating momentum despite continued foreign exchange headwinds …Intention to buy back up to $100 million of shares
By Kayode Ogunwale Segun-Ogunsanya, GCEO Airtel Africa Airtel Africa Plc has announced improved operative key performance indicators in its unaudited results for nine-month period ended 31 December 2023. The…
FG Commends Dangote Cement for Vital Roles in Economic Diversification …Minister lauds Cement Plant’s promotion of best practices
L-R: Minster of State for Environment, Dr. Iziaq Salako (2nd right); Dangote Cement Ibese Plant Director, Azad Nawabuddin (2nd left); Dangote Senior General manager Special Duty Projects, Abdullaziz Kolo (left);…
Electricity consumers increase to 11.71m in Q3 2023 – NBS
The NBS review focuses on energy billed, revenue generated, and customers by DISCOS under the reviewed period. The number of electricity consumers rose by 240,000 from million in the second…
Nigeria Attains Steady Increase In Active Voice, Internet Subscription
Nigeria has witnessed a steady increase in active voice and internet subscriptions, including a drop in teledensity as contained in the latest telecommunications statistical indicators released by the Nigerian Communications…
Gombe State To Raise N30 billion Green Bond For Strategic Development — Gov Inuwa Yahaya
The Gombe State Governor, Muhammad Inuwa Yahaya has said that the state will be raising N30 billion in green bonds from the stock market for strategic growth and development. Gov…
No Local Airline Will Be A National Carrier – Keyamo
Festus Keyamo The Minister of Aviation and Aerospace Development, Festus Keyamo, says no local airline will be designated to be the Nigerian national carrier. He said that nominating one local…
FBN Holdings Appoints Otedola As Chairman
Femi Otedola FBN Holdings, in a notice to the Nigerian Exchange Limited and the investing public, said the decision was made at the meeting of the Board of Directors odf…
No Going Back On FAAN Relocation To Lagos, N500m Will Be Saved Annually — Keyamo
Festus Keyamo The Minister of Aviation and Aerospace Development, Festus Keyamo, says there is no going back on the relocation of the headquarters of the Federal Airports Authority of Nigeria…