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Abbey Mortgage Bank Plc is set to seek shareholders’ approval to raise a combined capital of up to N164.5 billion through a mix of equity and debt instruments, as the lender pursues an ambitious restructuring and expansion agenda. The post…
Read moreTransnational Corporation Plc (“Transcorp Group” or the “Company”) (NGX: TRANSCORP), Africa’s leading listed conglomerate with strategic investments in power, hospitality and energy, has declared a total dividend of ₦20,323,995,148, representing ₦2.00 per share to its shareholders, at its 20th Annual General Meeting…
Read moreThe Minister of Communications, Innovation & Digital Economy, Dr. Bosun Tijani, has announced that “appropriate regulatory action” will be imposed on MTN Nigeria, Airtel Nigeria, Globacom, and T2 if they fail to resolve network challenges and deliver quality call and data services going forward. The…
Read moreNigeria and the United States are forging ahead in deepening cooperation on security, counterterrorism, regional stability, and strategic partnership. The post Nigeria, United States deepen cooperation on security, counterterrorism as Ribadu meets Vance, Rubio appeared first on Nairametrics.
Read moreThe Central Bank of Nigeria (CBN) has urged state governments to reduce their dependence on short-term borrowing and overdrafts, warning that unchecked fiscal behaviour at the sub-national level could undermine Nigeria’s transition to an inflation-targeting monetary framework. The post CBN…
Read moreThe National Drug Law Enforcement Agency (NDLEA) has arrested three persons with disability (PWDs) for alleged drug trafficking in separate operations across Anambra and Kwara states, while operatives also uncovered 2,326 kilogrammes of Loud cannabis valued at over N5.8 billion…
Read moreNigeria’s hotel development pipeline in 2026 comprises 61 chain hotels across 11 international brands, totaling 9,147 rooms, according to data provided to Nairametrics by Trevor Ward, Principal of W Hospitality Group. The post These 11 hotel chains are developing new projects in Nigeria appeared…
Read moreShares of Chemical & Allied Products Plc (CAP) closed the week ended May 8, 2026, with a solid 60.95% gain, extending bullish performance across the Nigerian Exchange. The post CAP shares gain 60.95% in early May on positive market drivers appeared first on…
Read moreThe Lagos State Government has announced that the outbound carriageway of Eko Bridge will be shut from Tuesday for emergency repair works. The post Lagos to shut Eko Bridge outbound carriageway from Tuesday for repairs appeared first on Nairametrics.
Read moreReinforcing its commitment to expanding community access to sustainable waste management solutions, Sahara Group Foundation, the social impact vehicle of global energy and infrastructure conglomerate Sahara Group, has commissioned its 18th and 19th Sahara Go Recycling Hubs in Ojodu Local…
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