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Friday, June 6, 2025

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Happy 60th birthday to Tonia and Tony

By Alexander Ekemenah Hardly would anyone realise that they are twins. One would rather think they are couples, i.e. husband and wife. This is so...

UBA Posts N766.57 Billion Profit, Declares N3 Dividend

United Bank for Africa Plc (UBA) has posted a heft profit after tax (PAT) of N766.57 billion for the year ended December 31, 2024....

Somalia joins Afreximbank as it Seeks to Boost Intra-African Trade and Economic Growth

Somalia’s membership of Afreximbank is a significant milestone that places the country on a path of sustainable economic transformation, upgrading of the country’s trade...

Tony Elumelu Foundation Grants $15m to 3,000 African Entrepreneurs

The Tony Elumelu Foundation (TEF) has announced a $15 million grant to support 3,000 budding entrepreneurs from 52 African countries. TEF founder, Mr Tony Elumelu,...

Dividend Declaration by Companies to Determine the Direction of the Market this Week

The Nigerian stock market extended its bearish run for the fourth consecutive week last week, as losses in BUACEMENT (-10.0%), TRANSCORP (-7.8%) and GTCO...

FAAC: FG, States, LGs Share N1.678trn

Federation Account Allocation Committee (FAAC) has shared N1.678 trillion among the Federal, state and the local governments for the month of February. The FAAC...

Swimming in Digital Ocean

By Alexander Ekemenah Little did I realise the scope and depth of what I was going into when I registered to attend and participate in...

NAFDAC Destroys Counterfeit, Substandard Drugs Worth Over N1 Trillion in Anambra State

Counterfeit and substandard drugs worth over N1 trillion were recently destroyed by the National Agency for Food and Drug Administration and Control (NAFDAC) in...

Engineering Consultant Wants Court to Punish False Electricity News Purveyors

A leading electrical engineering consultant has advised the judiciary to take punitive action against individuals and groups that deliberately distort news reports on court...

African Development Bank Group, Eritrea Sign Agreement for 12 MW Mini-grid Project

The African Development Bank Group and Eritrea have signed an agreement for $19.5 million in grant funding for the Desert to Power Eritrea 12MW...

Why We Partner Geometric Power To Build the 42KM New Ukwa Line – Divine Point Chairman

Report by Bayo Adewusi The Nigerian electricity sector was abuzz last week when Geometric Power, Nigeria’s foremost electricity integrated company, flagged off the 42-kilometre...

Governor Soludo Celebrates Women on International Women’s Day

The Governor of Anambra State, Professor Chukwuma Charles Soludo, has joined the global community in celebrating the remarkable achievements and resilience of women across...

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