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Category: Business

Business Economy headline

Court awards N5bn to Ararume, reinstates him as NNPCL chairman

Iheanyi Ejiofor April 18, 2023 No Comments #Ararume#NNPCL

Our reporter/ The Federal High Court in Abuja on Tuesday reinstated Ifeanyi Ararume as the non-executive Chairman of the Nigerian National Petroleum Corporation Limited (NNPCL). The court presided over by…

Read More Court awards N5bn to Ararume, reinstates him as NNPCL chairman
Business Economy

Nova doubles earnings, reflecting exceptional service and innovative offerings

Iheanyi Ejiofor April 17, 2023 No Comments #Nova bank

Lagos, Nigeria – 17 April 2023 – NOVA Merchant Bank Limited (“NOVA or “the Bank”), announced its Audited Full Year 2022 financial results, showing an outstanding 107.9% year-on-year growth in…

Read More Nova doubles earnings, reflecting exceptional service and innovative offerings
Business Economy

Kyari not receiving gratuity worth billions while in service, says NNPC

Iheanyi Ejiofor April 17, 2023 No Comments #NNPCMele Kyari

Our reporter/ The Nigerian National Petroleum Company (NNPC) Limited on Monday denied claims that Mele Kyari, group chief executive officer (GCEO), and Umar Ajiya, chief financial officer (CFO), are receiving…

Read More Kyari not receiving gratuity worth billions while in service, says NNPC
Business Economy headline

Dangote Sugar pays N18.22bn dividends, to produce 170,000 Tonnes next season  

Iheanyi Ejiofor April 16, 2023 No Comments #Dangote Sugar#dividend

Despite the economic headwinds that characterised 2022, Dangote Sugar Refinery Plc (DSR) will pay N18.22 billion as dividends to shareholders for the year ended December 31, 2022, while also targeting…

Read More Dangote Sugar pays N18.22bn dividends, to produce 170,000 Tonnes next season  
Business Economy headline

Nigeria’s inflation rate for March surges to 22.04%

Iheanyi Ejiofor April 15, 2023 No Comments #Inflation #rate

Our reporter/ Nigeria’s inflation rate rose to 22.04% in March 2023 compared to February 2023 headline inflation rate which was 21.91%. According to the National Bureau of Statistics (NBS)’s Consumer…

Read More Nigeria’s inflation rate for March surges to 22.04%

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