Dangote Cement Tantalize Shareholders With N340 Billion Dividend Proposal
Dangote Cement shareholders will be paid N340 billion in April 2023 as their dividends for investing in the company’s shares for the period of...
Banks Jostle for N2.7 Trillion Currency Outside Financial System
The United Bank for Africa (UBA), Access Bank, Zenith Bank, and other Nigerian banks are competing to attract up to N2.7 trillion that’s outside...
AfDB Bullish On Africa, Pegs Nigeria’s Output Growth At 3.2%
The African Development Bank (AfDB) said the 2023 economic outlook of the continent appears “stable” even as it called for “bold policy actions” to...
CBN Imposes 0.5% Cybersecurity Levy on Electronic Transfers
In two weeks, banks in the country will start charging a 0.5 per cent cybersecurity levy on electronic transfers, following a new directive from...
Over 50,000 Telecom Infrastructure Destruction Reported in 5 Years
OVER 50,000 cases of major destruction to telecom infrastructure and facilities have been reported across the country in the past five years, raising alarm...
Flour Mills Proposes N1.80kobo Dividend As Revenue Exceeds N2 Trillion
Flour Mills of Nigeria Plc proposes paying a final dividend of N1.80 kobo for every share of 50kobo held by shareholders. The final dividend...
5G Subscriptions In Nigeria Hit 2.7 Million
The latest data from the Nigerian Communications Commission (NCC) reveals that 5G subscribers in Nigeria have reached 2.7 million, constituting approximately 1.24 per cent...
NCC Sets May 17 Deadline Telecoms Harmonised Codes
312 will be for Data Plan across networks
321 is for Share Services,
323 is for Data Plan Balance
996, is now for Verification of Subscriber Identity...
NECA Tag Lingering Fuel Scarcity A Disgrace
Members of Nigeria’s Organized Private Sector (OPS) have described the country’s lingering fuel scarcity as a disgrace, saying it was unacceptable that a subsidized...
#EndSARS Panels: NHRC confirms receiving reports from 16 States
The National Human Rights Commission (NHRC) has confirmed that it has received reports from 16 states in Nigeria regarding the #EndSARS judicial panels. This...
Recent Posts
IATA Outlines 2050 Net Zero Strategy With Roadmaps
The International Air Transport Association (IATA) unveiled a series of roadmaps aimed at providing step-by-step detailing of critical actions and dependencies for aviation to...
SpaceX Announces Nigerian Operation, First In Africa
The Space Exploration Technologies Corporation, SpaceX on Monday announced that it has commenced the operation of Starlink services in Nigeria, the first African country to...
Nigeria Distributes N673 Billion Revenue Among Three Tiers Of Govt
The Federation Account Allocation Committee (FAAC) has revealed that N673.137 billion was shared among the three tiers of government as federation allocation for August.
This...
FG Releases N13.89bn Pension For 2022 Retirees – PenCom
The National Pension Commission has revealed that the federal government released N13.89 billion for the payment of the pension of retired workers in the...
2024 Bid Round: NUPRC Offers 12 Oil Blocks to Investors
The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, yesterday, disclosed that it has commenced the process for the 2024 oil bid round with 12 oil...