S’Arabia Announces $100m Financing for Islamic Bank’s Livelihoods Fund
Chigozie Amadi
The Lives and Livelihoods Fund (LLF) administered by the Islamic Development Bank (IsDB) has received a major boost with a new funding of $100 million announced by the King Salman Humanitarian Aid and...
Nigeria Links Up with 15 African Countries to Join Afreximbank’s Fund for Export Devt
Chigozie Amadi
Nigeria has acceded to the establishment agreement for the Fund for Export Development in Africa (FEDA), the development impact investment platform of the African Export-Import Bank (Afreximbank).
Nigeria joined the ranks of countries acceding...
FCMB Group Declares 186% Profit Growth, Proposes N0.50k Dividend
Chigozie Amadi
FCMB Group Plc has declared growth in deposits, loans, assets under management, revenue and earnings and improved its environmental, social, and corporate governance scorecard in financial year ended December 31, 2023.
The Group recorded a profit before tax...
Shareholder Urges Nigerians to Support Nigerian Breweries’ Rights Issue
Shareholder Urges Nigerians to Support Nigerian Breweries’ Rights Issue
Chigozie Amadi
Shareholders associations in Nigeria have given their nod to plans by Nigerian Breweries Plc to raise N600 billion through Rights Issues on the back of...
Imperial Citizenship Targets over 800 Investment Applications
Chigozie Amadi
Dubai-based leader in Citizenship by Investment (CBI) and Residency by Investment (RBI) solutions, Imperial Citizenship has expanded its operations with the launch of its new office in Lagos, Nigeria.
The move according to the...
Odu’a Investment Promises Improved Return for Shareholders, Declares N428m Dividend
Odu’a Investment Promises Improved Return for Shareholders, Declares N428m Dividend
Chigozie Amadi
The board and mangement of Odu’a Investment Company Limited, have said they will continue to work hard to ensure mouth-watering returns for shareholders.
They made...
2024 budget: Lagos quarterly revenue records N433,408bn
-As state disbursed N859 million to 1,271 MSMEs in 2023
Chigozie Amadi
Despite economic challenges in the country, Lagos State has recorded a quarterly total revenue size of ₦433,408bn budget performance.
The performance which represents a 92%...
Sanwo-Olu preaches continuous synergy for nation’s economic growth
Sanwo-Olu preaches continuous synergy for nation's economic growth
Chigozie Amadi
Lagos State Governor, Mr. Babajide Sanwo-Olu, has charged the Nigerian Economic Summit Group (NESG) to continuously push for synergy between the public and private sectors for...
Transcorp grows revenue to N88.6bn
Transcorp grows revenue to N88.6bn
Chigozie Amadi
Transnational Corporation Plc (Transcorp) says it recorded N88.6 billion revenue as at March 31, 2024
Mr Stanley Chikwendu, Group Company Secretary, Transcorp, said this in a statement capturing the unaudited...
Riel Homes Transforms Ibadan Landscape With The Brook
Riel Homes Transforms Ibadan Landscape With The Brook
Chigozie Amadi
Riel Homes; a prominent real estate company headquartered in Lagos, has expanded its operations to Ibadan with its inaugural product named The Brook.
The Brook is a...