Unilever Shareholders Approve N1.44b Dividend For 2022

Unilever Shareholders Approve N1.44b Dividend For 2022

For the financial year ending December 31, 2022, Shareholders of Unilever Nigeria Plc have approved the payment of N1.44 billion as a dividend.  Within the period, the company posted a turnover of N88.5 billion for the financial year, representing a...
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Court Orders UBA To Take Over Ogiemwonyi’s Properties

Court Orders UBA To Take Over Ogiemwonyi’s Properties

A Federal High Court in Lagos has granted an order directing United Bank for Africa (UBA) Plc, to take over two properties located in Benin City, Edo State, belonging to Godwin Ogiemwonyi (trading under the names of Ogiemwonyi Godwin Nigeria...
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UAC Foods Gets New MD/CEO 

UAC Foods Gets New MD/CEO 

UAC Foods Limited, a subsidiary of United Africa Company of Nigeria (UACN) PLC, operating in the food and beverage sector of the Nigerian economy,  has appointed Oluyemi Oloyede as its new managing director and chief executive officer, effective from Marc...
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Photo News

Photo News

Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko presenting the authority’s plague to the Chief Executive Officer, Lekki Freeport Terminal, Yann Magarian during his working visit to the management of NPA at the corporate headquarters in...
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NPA Boss Condoles With Margaret Orakwusi’s Family

NPA Boss Condoles With Margaret Orakwusi’s Family

The Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko has paid a condolence visit to the family of late Mrs. Margaret Orakwusi. During the visit, the Managing Director noted that “while it will be difficult to fil...
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Ondo Submits FBC For $1b Deep Seaport To NPA

Ondo Submits FBC For $1b Deep Seaport To NPA

As part of its commitment to creating an enabling atmosphere for the construction of more deep seaports after Lekki Deep Seaport (which is already operational), and Badagry Deep Seaport, the Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Kok...
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Airtel Nigeria Gets New MD/CEO

Airtel Nigeria Gets New MD/CEO

Airtel Africa has announced the appointment of Carl Cruz as Managing Director and Chief Executive Officer of Airtel Nigeria. The appointment which takes effect from 5th May 2023, will also see Mr. Cruz join the Executive Committee as the Regional...
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Ghana Understudies Nigerian Cabotage Regime

Ghana Understudies Nigerian Cabotage Regime

The Ghanaian Maritime Authority (GMA) has commenced a 10- Day programme to understudy the implementation of the Coastal and Inland Shipping Act also known as the Cabotage Law in Nigeria under a collaborative arrangement with the Nigerian Maritime Administratio...
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SUDAN CRISIS: AIR PEACE EVACUATES 277 NIGERIANS FROM EGYPT

SUDAN CRISIS: AIR PEACE EVACUATES 277 NIGERIANS FROM EGYPT

Air Peace has evacuated 277 Nigerians from Egypt amidst the ongoing crisis in Sudan.A. Statement sent to City Business News on Thursday explained that the airline deployed one of its wide-body Boeing 777 aircraft with Registration Number 5N-BVE, to operate...
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Obaseki Charges Members-Elect On Quality Representation

Obaseki Charges Members-Elect On Quality Representation

The Edo State Governor, Mr. Godwin Obaseki has charged members-elect of the Edo State House of Assembly (EDHA) not to betray the trust reposed in them by their constituents but to deliver quality and robust representation to the people. Obaseki gave...
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NGX Group Declares 14.2% Decline In Q1 Gross Earnings

NGX Group Declares 14.2% Decline In Q1 Gross Earnings

For the first quarter (Q1) ending March 31, 2023, Nigerian Exchange Group Plc (NGX Group) has declared its unaudited results, recording a 14.2% year-on-year (YoY) decline in gross earnings to N1.6 billion from N1.8 billion posted in Q1 2022. In...
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IPI Nigeria Sets Agenda For Tinubu On Journalists’ Safety, Media Freedom

IPI Nigeria Sets Agenda For Tinubu On Journalists’ Safety, Media Freedom

On the occasion of May 3  commemoration of the 2023 World Press Freedom Day, the Nigerian National Committee of the Vienna-based International Press Institute (IPI) is asking the new government that will be inaugurated in Nigeria on May 29 to commit....
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BPE Begins PHCN Ex-Staff Verification

BPE Begins PHCN Ex-Staff Verification

The Bureau of Public Enterprises, (BPE) is set to commence verification exercise for the payment of the agreed 16-month Severance benefits to the bonafide ex-staff of the defunct Power Holding Company of Nigeria (PHCN) including certified Next-of-Kin (NOK) of...
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Photo News

Photo News

 L- R:Temi Popoola, Chief Executive Officer, Nigerian Exchange Limited (NGX); Oluwole Adeosun, President, Chartered Institute of Stockbrokers (CIS); Mr. Yomi Adeyemi, Director, NGX; and Alhaji Umaru Kwairanga,  Group Chairman, NGX Group during a physical C...
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