Business

Custodian Investment Shareholders Approve N2.75 Total Dividend at 31st AGM

Custodian Investment Shareholders Approve N2.75 Total Dividend at 31st AGM

Custodian Investment Plc shareholders have approved a total dividend payout of N2.75 per ordinary share for the 2025 financial year…
Oil Prices Rise as Fragile U.S.-Iran Talks Renew Supply Concerns

Oil Prices Rise as Fragile U.S.-Iran Talks Renew Supply Concerns

Oil prices climbed nearly 1% on Tuesday as uncertainty surrounding ceasefire negotiations between the United States and Iran renewed fears…
Unilever Nigeria Approves N18.67 Billion Dividend, Re-elects Directors at 2026 AGM

Unilever Nigeria Approves N18.67 Billion Dividend, Re-elects Directors at 2026 AGM

Unilever Nigeria Plc has approved a total dividend payout of N18.67 billion for the 2025 financial year following resolutions passed…
Nigerian Stock Market Rebounds ₦6.40 Trillion as Institutional Activity Returns

Nigerian Stock Market Rebounds ₦6.40 Trillion as Institutional Activity Returns

The Nigerian stock market recorded a strong recovery on Monday as the All-Share Index (ASI) advanced by 2.33 percent to…
U.S. Dollar Advances on Safe-Haven Demand Amid Iran Tensions

U.S. Dollar Advances on Safe-Haven Demand Amid Iran Tensions

The U.S. dollar strengthened against major global currencies on Monday as investors shifted toward safer assets following renewed tensions between…
Transcorp Shareholders Approve N2 Dividend, Expand Board Powers at 20th AGM

Transcorp Shareholders Approve N2 Dividend, Expand Board Powers at 20th AGM

The company, popularly known as Transcorp, disclosed that shareholders approved a final dividend of N1.60 per ordinary share for the…
Nigerian Stock Market Adds ₦1.10 Trillion Last Week as ASI Rises 0.71% Amid Heavy Rotation

Nigerian Stock Market Adds ₦1.10 Trillion Last Week as ASI Rises 0.71% Amid Heavy Rotation

The Nigerian stock market closed last week on a mildly positive note as the All-Share Index (ASI) advanced by 0.71…
NPA Reports 67% Surge in Vehicle Traffic Across Nigerian Ports

NPA Reports 67% Surge in Vehicle Traffic Across Nigerian Ports

Nigerian Ports Authority (NPA) recorded a sharp rise in vehicle traffic across the country’s seaports during the first quarter of…
Aliko Dangote Weighs $15 Billion Refinery Project in Kenya

Aliko Dangote Weighs $15 Billion Refinery Project in Kenya

Aliko Dangote is considering Kenya as the location for a proposed 650,000 barrels-per-day oil refinery project that could transform fuel…
FCMB Group Appoints Adepeju Adebajo as Independent Non-Executive Director

FCMB Group Appoints Adepeju Adebajo as Independent Non-Executive Director

FCMB Group Plc has announced the appointment of Mrs. Adepeju Adebajo as an Independent Non-Executive Director following regulatory approval from…
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