Eight financial institutions listed on the Nigerian Exchange (NGX) Limited declared N1.333 trillion profit in the first quarter (Q1) ended March 31, 2024. They commenced the...
Recognising the crucial role of information technology (IT) in modern agricultural practices in ensuring food security, Flexify Solutions Limited, a tech-based firm, has introduced ‘CyberAgric’, an...
In a growing backlash against the recently implemented 0.5% cybersecurity levy, an increasing number of customers and businesses are voicing their opposition to the new levy.Recall...
The education landscape of Ondo State received a significant boost with the unveiling of an ultramodern 300-seater lecture theatre at Olusegun Agagu University of Science and...
Ten stockbrokers on the Nigerian Exchange traded about N1.025 trillion worth of shares from January to April, 2024. This was contained in the Broker Performance Report...
The federal government as part of repositioning the Nigerian capital market, announced a new board for the Securities & Exchange Commission (SEC) that include market technocrats,...
Shareholders of Lafarge Africa Plc have approved a dividend of N1.90 per share for the year ended December 31, 2023. The shareholders gave their approval at...
Investors’ investment in the Nigerian equities market lost about N3.568 trillion in April 2024 amidst banking recapitalisation exercise and attractive yields on Nigerian Treasury Bills (NTBs)....
Stanbic IBTC Asset Management has launched the Investbeta game show, a distinctive and innovative initiative to improve financial literacy among young adults. The Investbeta game show...
Ecobank Group has posted profit before tax of $581 million for the year ended December 31, 2023. The pan-African financial services Group released its audited 2023...
The staff of the Securities and Exchange Commission were in great jubilation as newly appointed director-general Dr. Emomotimi Agama assumed office in an acting capacity pending...
Shareholders of Nigerian Exchange Group Plc have approved plans by the Company to raise additional capital of N10 billion by way of rights issue from existing...
Strategies adopted by Dangote Cement to increase sales and ensure an adequate supply of products to customers are yielding the desired results as domestic sales volume...
The African Private Capital Association (AVCA), called for increased investment to attract the $ 2.3 trillion of domestic capital in Africa that needs to be unlocked....
Total transactions by domestic portfolio investors in the stock market rose by 86.23 per cent as they invested a total value of N1.335 trillion in the...
There are indications that PZ Cussons Plc may leave Africa after sales plunged in its Nigeria operation.PZ Cussons has put its Africa business under review, potentially...
Dangote Petroleum Refinery has again announced a further reduction in the prices of both diesel and aviation fuel to N940 and N980 per litre, respectively. This...
Opening the week, the local equities market yesterday gained N71 billion, recovering some of the prior week losses. The All Share Index (ASI) rose by 125.30...
SeamlessHR has reiterated its committment to empowering Nigerian financial institutions to optimise their workforce productivity and performance in challenging economic times through cutting-edge technology solutions. The...
First Bank of Nigeria (FBN) has appointed Olusegun Alebiosu as its acting managing director with effect from April, 2024. The Bank stated this in a release...
Snapping eight consecutive sessions of losses, the domestic equities market posted a N57 billion rebound, supported by investors’ demand for FBN Holdings (FBNH) Plc and 16...
The Organised Private Sector (OPSN) has decried the new tariff of N225/kwh for Band A electricity customers, saying that over 65 per cent of private business-es,...
In an unprecedented move, Dangote Petroleum Refinery has announced a further reduction of the price of diesel from N1,200 to N1,000 per litre. In a Tuesday...
Anambra East local government area of Anambra State has announced its membership in the Open Government Partnership (OGP) at the local level, a significant step in...
Celebrating 10 years of listing on the Nigerian Exchange (NGX) and London Stock Exchange (LSE), Seplat Energy Plc has continued to deliver on its commitment for...
United Capital Plc has declared profit after tax of N3.59 billion net profit in its first quarter (Q1) unaudited financial results ended March 31, 2024. The...
The dean of the Lagos Business School(LBS), Professor Chris Ogbechie has said, only 30 per cent of family businesses survive beyond their first generation. Ogbechie stated...
Amid the harsh operating environment in 2023, 36 others proposed a final total dividend of N3.056 trillion to shareholders. Distributing dividends is a way for companies...
Investors are currently favouring investment in Treasury bills and bonds ahead of private sector funding amid high interest rates, LEADERSHIP learnt. Capital is a vital ingredient...
The Lagos Chamber of Commerce & Industry (LCCI) has urged the federal government to provide special support mechanisms to strategic companies and industries that play critical...
United Bank for Africa (UBA) Plc has proposed a final total dividend of N78.658 billion, representing N2.30 per share even as it recorded gross earnings growth...
Nigerian Exchange Group Plc (NGX Group) has made a significant investment in the Ethiopian Securities Exchange (ESX). NGX Group is among the top institutional investors that...
Fifty-four companies listed on the Nigerian Exchange (NGX) Limited have failed to pay dividends to their shareholders for more than five years, LEADERSHIP learnt. Dividends are...
The Lagos Chamber of Commerce & Industry (LCCI), has decried the high cost of doing business in the country, including the hike in the Monetary Policy...
Nigerian Breweries (NB) Plc, said it will be raising capital of up to N600 billion by way of a rights issue to restore the company’s balance...
Industrialists, under the auspices of the Lagos Chamber of Commerce and Industry (LCCI), have urged the federal government and States government to make public the amount...
Transnational Corporation Plc, has posted a growth of 93.5 per cent in its profit before tax for the year ended December 31, 2023. The group audited...
Shareholders of Africa Prudential Plc have approved a total dividend of N900 million for the year ended 2023.The shareholders gave their approval, which translates to a...
The impact of currency weakness on the Nigerian private sector was evident again in March as goods selling prices rose.However, the Stanbic IBTC Bank Purchasing Manager...
Forbes has listed Nigerian businessmen, Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu and Femi Otedola, as the top richest Nigerians in 2024. Dangote’s fortune rose to $13.4billion,...
Sterling Bank, in partnership with the Africa Export-Import Bank and Woodhall Capital, has launched AFREXIMBANK Tradelink, a new and innovative digital solution, for supply chain financing...
The Lagos Commodities and Futures Exchange (LCFE) has urged the federal government to utilise the commodities exchange ecosystem as a strategy to boost food security, create...
In a ground-breaking effort to combat water scarcity and elevate the standard of living for underserved communities, The Alternative Bank has announced the launch of the...
Access Holdings Plc has unveiled plans to establish a capital raising programme of up to $1.5 billion. The programme aims to raise $1.5 billion through a...
Fintrak Software, Nigeria’s indigenous software development firm, has announced the recognition of its group managing director, Bimbo Abioye, as one of the ‘Top 50 Most Valuable...
Access Holdings Plc has unveiled plans to establish a capital raising programme of up to $1.5 billion. The program aims to raise $1.5 billion through a...
Access Bank Plc, has unveiled its innovative offline banking platform, ‘901.ng’ to provide customers an additional digital channel to manage and carry out uninterrupted daily transactions....
The Aliko Dangote Foundation (ADF) is set to distribute food palliatives worth N15 billion across Nigeria, to cushion the rising hunger in the country. President of...
The Federal Ministry of Industry, Trade and Investment has unveiled the Bank of Industry’s (BOI’s) palliative food programme in its bid to cushion the effect of...
Sterling One Foundation has called for strategic collaborations in bridging $1.7 trillion financing gap for women entrepreneurs. The foundation stated this at the 10th annual Ring...
The Financial Reporting Council of Nigeria (FRCN) supported by NGX Regulation Limited (NGX RegCo) launched the roadmap for the adoption of the Sustainability Financial Reporting Standard...
The Group chief operating officer of Waltersmith Group, Alex Osho, alongside other business leaders said, Nigeria’s economic environment has made it a tall order for firms...
Lafarge Africa Plc has commissioned a new Evacuation Road in Mfamosing, Cross River State, a critical infrastructure project aimed at enhancing safety, efficiency, and connectivity for...
The Nigerian equities market yesterday closed on a negative note with selloffs in Julius Berger Plc and 23 others triggering N168 billion loss. The All-Share Index...
Experts are set to collaborate with Ethnos and OneIdentity/Quest for the launch of the Ethnos Cybersecurity Erudition Series in creating awareness within the public sector. This...
The domestic stock market yesterday started the week in negative territory as the overall capitalization declined by N238 billion. The All-Share Index (ASI) lost 421.91 points,...
The Centre for the Promotion of Private Enterprises (CPPE) has disagreed with House of Representatives members over recent remarks on the rising cement price, which it...
Stanbic IBTC Pension Managers has renovated the Yaba Psychiatric Hospital Ward (MS/F3) in Lagos, which includes female and male wings, as well as offices for medical...
Nigerian female Agripreneurs are set to win grants of up to $300,000 in the 2024 Women Agripreneurs of the Year Awards (WAYA). WAYA is a prestigious...
In a bid to address the challenges posed by forex volatility in Nigeria, the CEO and co-founder of SeamlessHR, Emmanuel Okeleji has urged businesses to consider...
Transcorp Power becomes the second Electric Power Generating company to be listed on the mainboard of the Nigerian Exchange Limited (NGX) by Introduction. The company listing...
Ecobank Transnational Incorporated (ETI) has signed a $250 million senior unsecured bridge-to-bond loan facility to support trade finance and the general corporate purposes of the group....
The federal government has rolled out the Presidential Conditional Grant Scheme (PCGS) to empower nano businesses as part of the Presidential Palliative Programme.The scheme, which commenced...
The managing director/chief executive officer of Wema Bank Plc, Moruf Oseni has stressed the need for inclusion and equity for women in the workplace. He stated...
In a world facing multiple crisis that are putting immense pressure on communities, achieving gender equality is more vital than ever. Ensuring women’s and girls’ rights...
The Nigerian stock market yesterday closed positive as the overall market capitalization gained N227 billion on sustained investor interest in Transcorp Power Plc and 17 others....
With the multidimensional challenges affecting the manufacturing sector in Nigeria, the Manufacturers Association of Nigeria (MAN) has revealed that 767 manufacturing companies were shut down in...
Transnational Corporation (Transcorp) Plc on Monday announced the listing of its subsidiary, Transcorp Power Plc via listing by introduction on the Main Board of the Nigerian...
Dangote Cement Plc has proposed a total dividend payout of N511.23 billion, representing N30 per share to the shareholders for the financial year ended December 31,...
BUA Cement Plc, has posted a revenue growth of 27.4 per cent to N460 billion for the year ended December 31, 2023. The Company in its...
The Nigerian stock market yesterday opened the week on a bearish note as losses in Nestle Nigeria Plc and 24 others pushed the overall market capitalisation...
Sacral Industries Limited has taken the bold decision to set up a factory in Nigeria for assembling consumer electronics and home appliances.Also, the Japanese Ambassador to...
NGX Regulation Limited (NGX RegCo) and the Institute of Chartered Accountants of Nigeria (ICAN) have collaborated on a corporate governance workshop to boost the knowledge of...
SeamlessHR, said it has successfully processed N500 billion worth of payroll for various African businesses throughout the year 2023. This milestone underscored SeamlessHR’s unwavering commitment to...
Bullion Go-Neat Global Limited, manufacturers of Cocosamba Herbal Mixture, has stated that it was collaborating with National Agency For Food And Drug Administration And Control (NAFDAC)...
Ardova Plc’s (AP) newly upgraded terminal in Ijora, Lagos is set to commence operations in March 2024. The upgraded terminal in Ijora, Lagos State includes a...