Directors of the United Bank For Africa (UBA) have proposed a final dividend of N3.00 per share from the retained earnings account as of 31 December 2024. The development which…
Read More UBA proposes N3 final dividend, grows profit to N804b
Category: Business
Another explosion hits gas facility in Rivers community
A Soku gas pipeline along the Soku-Elok (Abua)-Rumuji-Bonny export terminal in Rivers state was over the weekend hit by explosion. Christian Otiasah, an environmental manager in Soku community, who confirmed…
Read More Another explosion hits gas facility in Rivers community
Federal Allocation: FG, states, LGs share N1.678 trillion in February
The communiqué noted that total revenue of N1.678 trillion comprised statutory revenue of N827.633 billion and Value Added Tax revenue of N 609.430 billion. The Federation Account Allocation Committee has…
Read More Federal Allocation: FG, states, LGs share N1.678 trillion in February
Dangote Refinery suspends sale of petroleum products in Naira
Our reporter/ Dangote Petroleum Refinery has suspended the sale of petroleum products to customers in Naira. In a notice made public to customers on Wednesday, the refinery said the decision…
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CBN projects gradual inflation drop in next six months
Our reporter/ The Central Bank of Nigeria has projected a gradual drop in inflation rate over the next six months. This is contained in its newly released report on inflation…
Read More CBN projects gradual inflation drop in next six months