Sad! Veteran actress Stella Ikwuegbu dies
The Nigerian movie industry has once again been thrown into mourning following the demise of another actress, Sandra Ikwuegbu. The veteran actress is said to have died today, June 16,…
No ENDSAR protester is still in detention – Police counters Senator Shehu Sani’s claim
The Nigeria Police Force has denied the recent allegations made by Senator Shehu Sani that some young people have been detained since the 2020 EndSARS protest. In a statement released…
Dangote Refinery announces new date for petrol supply
The Dangote Petroleum Refinery and Petrochemicals has announced that the supply date for Premium Motor Spirit (PMS) has been moved from June to mid-July. The President and chief executive officer…
Diageo to sell stake in Guinness Nigeria
Tolaram is set to acquire Diageo’s 58.02% shareholding in Guinness Nigeria, and enter into long-term license and royalty agreements for the continued production of the Guinness brand and its locally…
Nigeria’s Q1-2024 VAT collection records N1.43 trillion, as Company Income Tax returns grows by 109.93% y/y
The country’s Value Added Tax (VAT) collection rose by 19.21% a quarter-on-quarter basis to N1.43 trillion in Q1-2024 from N1.20 trillion, reflecting enhanced tax administration, expanded tax base and compliance.…
Equities Market | NGX ASI opens new week with a +0.60% gain
Activities in the domestic equities market kicked off the week on a positive note, underpinned by gains in ACCESSCORP (+9.9%), TRANSCOHOT (+5.5%), and ZENITHBANK (+4.7%). As a result, the All-Share…
Nigeria’s Q1-2024 exports records 51%
According to latest Foreign Trade in Goods statistics report published by the National Bureau of Statistics (NBS), Nigeria’s total exports stood at N19,167.40 billion in Q1 2024 , reflecting a…
Ecobank Group launches US$50,000 2024 Fintech Challenge
Ecobank, the pan-African financial services Group, officially opens call for applications to the 7th edition of its Fintech Challenge. This annual competition invites early-stage and mature fintech startups to partner…
Berger Paints Plc Announces Mrs Alaba Fagun, as GMD
Mrs Fagun, a member of the Institute of Directors (IOD), became the first female Managing Director of Berger Paints PLC when she was elevated to the position on October 4th,…
SEC to issue framework to guide banks recapitalization
The Securities and Exchange Commission (SEC) has said that it will soon roll out framework that will guide the capital market in the proposed recapitalisation exercise by banks. The Acting…