CWG Board of Directors Approves 400% Increase in Dividend Payout

CWG Board of Directors Approves 400% Increase in Dividend Payout CHIGOZIE AMADI CWG Plc has announced a significant milestone in its commitment to delivering value to shareholders. Following a thorough review of the company’s financial performance and outlook,...

Vitafoam advocates safety, healthy Environment for workers

CHIGOZIE AMADI In a move to remain productive, the management of Vitafoam Nigeria Plc, recently advocated a safety, healthy and clear working environment for workers in Nigeria. The company, renowned for an array of topnotch household materials, brings...

Telecoms Operators Urge FG to Address Tariff Review, Regulatory Independence

Telecoms Operators Urge FG to Address Tariff Review, Regulatory Independence CHIGOZIE AMADI The Association of Licensed Telecoms Operators of Nigeria (ALTON) and The Association of Telecommunications Companies of Nigeria (ATCON), representing Mobile Network Operators (MNOs) and...

Stock Market Maintains Profit-taking Momentum, Drops by N949bn WoW

CHIGOZIE AMADI Amidst the backdrop of the Nigerian financial landscape, the Nigerian stock market recorded a dismal performance for the week dropped by N949 billion Week-on-Week (WoW) in market capitalisation Notably, the Nigerian Exchange Limited All-Share Index (NGX ASI) declined by...

ACReSAL Project: Mahmoud Lauds World Bank for Disbursing $2m to FCT

CHIGOZIE AMADI FCT Minister of State, Dr Mariya Mahmoud, has applauded the World Bank for disbursing $2 million to the FCT towards the implementation of the Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) project in the...

Adeosun: Banks Should Prioritise Digital Innovation to Connect Youths During Recapitalisation

In this definitive interview , the outgoing President and Chairman of Counci of Chartered Institute of Stockbrokers, Oluwole Adeosun, discusses a range of issues in the economy and the capital markets, including the proposed banking sector...

Tinubu Secures $600m Danish Investment to Expand Nigeria’s Existing Seaport Infrastructure

* Meets with chairman of Danish shipping giant, Moller-Maersk  CHIGOZIE AMADI President Bola Tinubu on Sunday secured an investment of $600 million from Danish shipping and logistics company, A.P Moller-Maersk, to expand existing port infrastructure to...

Deployed POS Across Nigeria Reached 2.68m in March, 47.36% YoY Increase

CHIGOZIE AMADI Point of Sale (POS) terminals deployed across Nigeria surged to a remarkable 2.68 million in March 2024, latest figures released by the Nigeria Inter-Bank Settlement System (NIBSS) has revealed. Moreover, the data underscores a...

Stockbrokers’ Institute Seeks Support from CBN

The Chartered Institute of Stockbrokers (CIS) has requested some strategic support from the Central Bank of Nigeria (CBN) to enhance financial intermediation roles of its members and boost transactions in the Nigerian securities market. They made...

ABCON Mulls Harmonised Retail End FX Market for BDCs to Tackle Volatility

The Association of Bureaux De Change Operators of Nigeria (ABCON) has said that it is working on establishing a unified retail end foreign exchange market operations to tackle volatility and boost regulatory compliance within...
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