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Category: Business

Business Economy headline

FG increases price of electricity meters

Iheanyi Ejiofor September 6, 2023 No Comments #The Nigerian Electricity Regulatory Commission (NERC)

Our reporter/ The Nigerian Electricity Regulatory Commission (NERC) has approved an upwards price increase in the price of pre paid electricity meters in the country. In a circular signed and…

Read More FG increases price of electricity meters
Business Economy

Fidelity Bank announces date for interim dividend payment

Iheanyi Ejiofor September 5, 2023 No Comments #Fidelity Bank#interim dividend payment

Our reporter/ Fidelity Bank Plc, which recorded 204.4 per cent growth in profit before tax in first half of 2023, has announced a date for the payment of interim dividend…

Read More Fidelity Bank announces date for interim dividend payment
Business Economy

Heirs Insurance Group posts N20bn in revenue for FY2022

Iheanyi Ejiofor September 5, 2023 No Comments #Heirs Insurance

–Cements position as Nigeria’s fastest-growing insurance group – N2.7bn underwriting profit and N849.4m PBT in FY2022. – N2.6bn claims paid in the period under review. Heirs Insurance Group, comprising Heirs…

Read More Heirs Insurance Group posts N20bn in revenue for FY2022
Business Economy

Investigation: Dangote cement not on sale in Benin Republic

Iheanyi Ejiofor September 5, 2023 No Comments

… Cement sells at an average price of N6,216 in Benin despite the regulation The allegation that went viral on social media last week that Dangote Cement Plc was selling a…

Read More Investigation: Dangote cement not on sale in Benin Republic
Business Economy

Tax: Dangote cement remits N412.9bn to govt in 3 years

Iheanyi Ejiofor September 5, 2023 No Comments #Dangote cement

Dangote Cement Plc, a subsidiary of Dangote Industries Limited, (DIL), paid a total of N412.9 billion into the coffers of the Federal Government as tax for 3 consecutive years. A…

Read More Tax: Dangote cement remits N412.9bn to govt in 3 years

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