VFD Group to pay shareholders N10.79 dividend
VFD Group Plc, a proprietary investment company, has said it will pay its shareholders N10.79 per share with a bonus…
Day: June 1, 2022
Oil Prices Nudge Higher On EU’s Russian Oil Ban, End Of Shanghai Lockdown
Oil prices inched higher on Wednesday after European Union leaders agreed to a partial and phased ban on Russian oil…
Lagos int’l airport runway lights collapse, pilots warn FAAN
The approach lights on the runway of the Murtala Muhammed International Airport, Lagos, have gone off . These pilots depend…
Startup Index: Nigeria Ranks 61st Globally, 2nd In Africa
The Nigerian startup ecosystem has been ranked 61st globally. And second in Africa on the Global Startup Ecosystem Index by…
Britain’s Frasers Buys Missguided For $25Million
British sportswear and fashion group Frasers (FRAS.L) has acquired online women’s fashion retailer Missguided out of administration, it said on Wednesday. The…
Mapmaker TomTom To Cut 10% Of Jobs Due To Improved Automation
TomTom (TOM2.AS) will shed around a tenth of its global workforce, the Dutch navigation and digital mapping company said on…
MTN Nigeria Appoints Mroue As Non-Executive Director
MTN board has approved the appointment of Mazen Mroue as a non-executive director of the company effective June 1, 2022.…
Power Sometimes Gulps 40% Of Our Production Costs – Manufacturers In Nigeria
The Chairman, Board of Directors, Manufacturers Power Development Company, Ibrahim Usman, speaks on how unstable power supply is adversely affecting…