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Nigerian Breweries declares N7.7bn dividend, offers new shares option for shareholders

    Nigerian Breweries declares N7.7bn dividend, offers new shares option for shareholders

Nigerian Breweries (NB), Nigeria’s biggest beer maker by market size, has announced a total dividend of N7.71 billion for its shareholders for full-year 2020. This represents a 52 percent decrease

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Global trade will grow by 8% in 2021, says Okonjo-Iweala

    Global trade will grow by 8% in 2021, says Okonjo-Iweala

Ngozi Okonjo-Iweala, director-general of the World Trade Organisation (WTO), says global trade will increase by eight percent in 2021. She disclosed this during a debate on the global economy organised

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NITT set to produce made-in-Nigeria electric vehicle

    NITT set to produce made-in-Nigeria electric vehicle

The Nigerian Institute of Transport Technology (NITT) has set up a 22-member project team to develop an electric vehicle. Olorogun-John Inojeharho, chairman of the NITT governing council, said this during

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‘Dangote questioning Buhari’s authority’ — BUA fires back at moves against sugar factory

    ‘Dangote questioning Buhari’s authority’ — BUA fires back at moves against sugar factory

BUA Group has fought back at claims by Dangote Industries Limited and Flour Mills of Nigeria that its sugar refinery “poses a threat” to the Nigerian local sugar industry. Aliko

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MTN: Discussions ongoing to prevent future blockage on USSD channel

    MTN: Discussions ongoing to prevent future blockage on USSD channel

MTN Nigeria says discussions are ongoing to prevent a future blockage of its service on the unstructured supplementary service data

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PenCom receives ISO certification for information security

    PenCom receives ISO certification for information security

The National Pension Commission (PenCom) has attained ISO 27001:2013, an international standard dedicated to information security management system (ISMS). The

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IATA: African airlines’ traffic declined by 68% in February

    IATA: African airlines’ traffic declined by 68% in February

The International Air Transport Association (IATA) says African airlines’ traffic dropped by 68 percent in February 2021 compared to the

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IMF mulls $650bn special drawing rights to boost countries’ reserves

    IMF mulls $650bn special drawing rights to boost countries’ reserves

The International Monetary Fund (IMF) says it will propose a $650 billion special drawing rights (SDR) to boost international reserves

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DMO: Outer Marina road rehabilitation financed with Sukuk

    DMO: Outer Marina road rehabilitation financed with Sukuk

The Debt Management Office (DMO) says the Outer Marina road rehabilitation is currently being funded with Sukuk. A Sukuk is

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DMO working on issuing eurobonds, to pick advisers in open bids

    DMO working on issuing eurobonds, to pick advisers in open bids

The Debt Management Office (DMO) says it is working on issuing eurobonds and plans to appoint transaction advisers through an

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