archiveNovember 28, 2018

  Shareholders of Guinness Nigeria Plc. has approved a dividend payout of 184 kobo per share totalling N4.03 billion at the company’s 68th Annual General Meeting  held recently in Abuja. The 2018 financial year showed impressive growth as it recorded a 31 per cent improvement in operating profit from N10.2...

The Senate on Wednesday resolved to investigate Kogi State government on the allegation of borrowed $500 million (180 billion) from the United Arab Emirates without the required constitutional authorisation from the upper chamber. It, therefore, mandated its committee on Local and Foreign Debts to probe the allegation and establish the...

  Presidential candidate of the Allied Congress Party of Nigeria (ACPN), Dr. Oby Ezekwesili, on Tuesday in Port Harcourt attacked Minister of information, Lai Mohammed and the National Broadcasting Commission (NBC) over plans to sanction stations in 2019. Ezekwesili speaking at a keynote address on the theme, “Broadcasting and the...

  The Central Bank of Nigeria (CBN) on Tuesday intervened in the wholesale segment of the foreign exchange market, offering the sum of $100 million to dealers in that window. The CBN also made interventions of $55 million each in the Small and Medium Enterprises (SMEs) and Invisibles segments to...