Nigerian Breweries recommends N7.71b. dividend for shareholders in 2020 FY
Nigeria’s foremost brewer, Nigerian Breweries Plc, has recommended a total dividend of N7.71 billion for its shareholders for the 2020 financial year.
The recommendation, which amounts to a total dividend of N0.94 per ordinary share...
Elumelu: Youth restiveness ticking time bomb for Africa, others
The Chairman of the United Bank of Africa (UBA), Mr. Tony Elumelu, has stressed the need to unlock the potential of youths in Africa, in order to catalyse the socio-economic development of the continent.
According...
Dangote launches driver’s training centre to curtail crashes
As part of its measures to curb Road Traffic Crashes (RTC), the Dangote Cement Plc has launched a Drivers' Training Centre located at the Dangote Cement Plant (DCP), Obajana, Kogi State.
The new Centre is...
IMF forecasts higher economic growth for Nigeria in 2021
The International Monetary Fund has projected an economic growth of 2.5 per cent for Nigeria in 2021.
This is higher than the 1.5 per cent IMF’s 2021 forecast earlier announced for the country in January.
The...
Gateway Trade Fair: Dangote ready to boost agric activities through strategic investments
.Hits fair for business partnerships
The Pan-African Conglomerate, Dangote Industries Limited has reiterated its commitment towards partnering various tiers of Governments in the country, in building sustainable and inclusive economy for the benefit all Nigerians.
This...
Access Bank posts ₦764.7bn gross earnings in 2020
Despite a challenging economic and regulatory landscape, Access Bank Plc has announced gross earnings of ₦764.7illionn for the financial year ended December 31, 2020.
The Bank’s audited gross earnings shows a 15per cent improvement from...
FBNHoldings posts N89bn profit in 2020
FBNHoldings Plc Thursday announced a profit of N89.7 billion for the financial year ended December 31, 2020, indicating an increase of 21.8 per cent.
In its audited result released on the floor of the Nigerian...
60% of dairy products consumed in Nigeria imported – Minister
Nigeria imports at least 60 per cent of dairy products the country consumes every year, the Minister of Agriculture and Rural Development, SaboNanono, has said.
Mr Nanono made the disclosure when speaking at the National...
Cititrust Financial Services to list by introduction on NSE by Q2
Cititrust Financial Services, an investment firm, has perfected arrangements to list by introduction on the nation’s bourse before the end of the second quarter.
The Country Chief Executive Officer of Cititrust Financial Services, Mr Ikechukwu...
2021 Budget: FCTA made provision of N5 b for actualization of SAPZ in Abuja
CHISOM METU
The Federal Capital Territory Administration has disclosed that the sum of N5 billion provisions is made in the 2021 budget, as counterpart funds for the actualization of the Special Agro-industrial Processing Zone (SAPZ)...