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…
LIRS Extends Deadline For Filing Of Annual Tax Returns To February
Kayode Ogunwale Executive Chairman of the Lagos State Internal Revenue Service, Mr Ayodele Subair Given the recent downtime experienced on the e-tax portal, the Lagos State Internal Revenue Service (LIRS)…
CBN sets to reduce banks’ FX risk exposure
To tame the raging foreign exchange crisis and ultimately sanitize the money market, the Central Bank of Nigeria (CBN) is beaming its regulatory searchlight on banks, alerting them of growing…