PZ Cussons Nigeria Plc has reported an exchange loss of N15.15bn, which marks an improvement compared to the N87.08bn exchange loss recorded in the prior year. The company continues to face challenges, with a loss of N7bn for the half-year…
Unclaimed dividends, a persistent challenge in Nigeria’s capital market, have sparked frustration among shareholders. The issue remains unresolved despite the introduction of electronic systems and reforms by the Securities and Exchange Commission. TEMITOPE AINA addresses questions about systemic inefficiencies, lapses…
Airtel Africa, a telecommunications and mobile money services provider, has announced the launch of a second share buyback programme aimed at returning up to $100m to its shareholders. In a corporate notice filed on the Nigeria Exchange Limited on Monday,…
Julius Berger Nigeria Plc has announced plans to establish a wholly owned subsidiary in Benin Republic. According to a notice filed by the company secretary, Cecilia Madueke, on the Nigeria Exchange Limited on Monday, its subsidiary, Julius Berger Investments Limited,…
The National Insurance Commission has maintained that it will ensure that regulations in the industry are complied with by all and sundry. This was disclosed by the Commissioner for Insurance, Mr. Olusegun Omosehin at the Insurance Industry Consultative Council Media…
Temitope Aina HH Capital Limited has announced its acquisition of 1,493,477,786 ordinary shares of Transnational Corporation Plc, representing 35.94 per cent of the company’s shareholding. According to a statement filed on the Nigeria Exchange Limited by the Group Company…
Great Nigeria Insurance Plc recently held its annual Retirees Experience Forum where it interacted with retirees from both government and private establishments. The forum is a platform through which the insurance firm interfaces, entertains, and interacts with its annuitants on…
The Association of Telecommunications Companies of Nigeria has called on industry regulators to implement clear and practical solutions to resolve the long-standing N250bn debt owed by banks to telecom operators for Unstructured Supplementary Service Data offerings. Speaking with The PUNCH,…
Stakeholders in the maritime and logistics sector have said that infrastructural deficiencies are frustrating Africa’s efforts to ensure full compliance with the greenhouse emission initiative of the International Maritime Organisation. In a chat with The PUNCH, the Director-General of the…
The Federal Ministry of Agriculture and Food Security has proposed spending N180bn on Federal Universities of Agriculture and research institutes in the 2025 proposed budget. Of this amount, N54.38bn is allocated specifically to Federal Universities of Agriculture, as part of…
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