By Taiye Olayemi Shareholders of Seplat Energy have approved a total dividend payout of N113.78 per share for the 2025 financial year. The approval was given at the company’s 13th Annual General Meeting (AGM) held on Wednesday in Lagos. The dividend comprises a final payout of N68.54 and aContinue Reading
Profit By Taiye Olayemi Wema Bank Plc says it is intensifying efforts to join Nigeria’s tier-one banking group in the near term, through strong earnings growth, fresh capital inflows and a strategic expansion drive. Th Managing Director and Chief Executive Officer, Wema Bank, Mr Moruf Oseni, gaveContinue Reading
Solutions By Yunus Yusuf Lagos, May 15, 2026 (NAN) Alfa Designs Nigeria Ltd. has showcased its Compressed Natural Gas (CNG) solutions at the 2026 West African Automotive Show (WAAS), reaffirming its commitment to cleaner, cost-effective energy alternatives. The company disclosed this in a statement issued on Friday during theContinue Reading
By Aderonke Ojediran The Lagos State Government says it is targeting about N4 trillion in local and foreign direct investment inflows through the third edition of its flagship investment forum, Invest Lagos 3.0. Speaking at a news conference on Tuesday in Lagos, the Commissioner for Commerce, Cooperatives, Trade andContinue Reading
Olusegun Aribike The Federal Competition and Consumer Protection Commission (FCCPC) has commended the Lagos State Electricity Regulatory Commission (LASERC) for reforms aimed at tackling estimated billing and improving consumer protection in Lagos electricity market. The FCCPC gave the commendation in a statement signed by its Director, Corporate Affairs, MrContinue Reading
By Abiodun Lawal The Federal Government on Tuesday commissd the Siemens Energy Education and Development (SEED) training facility in Abeokuta, the News Agency of Nigeria (NAN) reports. Speaking at the ceremony, Mr Samaila Nasiru, Director, Human Resource Management of the Federal Ministry of Power, said the facility plans toContinue Reading
By Taiye Olayemi NEM Insurance Plc has reported an increase in its total assets from N124.23 billion to N186.04 billion for the year ended Dec. 31, 2025. The group disclosed this in a statement on Monday in Lagos. The statement read: “At the group level, total assets rose significantly byContinue Reading
By Olatunde Ajayi The U.S. Government, in partnership with the United Nations Children’s Fund (UNICEF), has launched a programme in Oyo State aimed at combating child stunting and malnutrition through targeted nutrition interventions. The News Agency of Nigeria (NAN) reports that the initiative is designed to addressContinue Reading
By Taiye Olayemi Universal Insurance Plc has reaffirmed its readiness for the 2026 recapitalisation exercise. The company assured brokers of its financial strength and commitment to improved service delivery. Managing Director, Mr Japhet Duru, gave the assurance in Lagos while at the 2026 Members’ Evening organised by the NigerianContinue Reading
By Taiye Olayemi Sycamore Integrated Solutions Ltd. has closed its Series 1 Commercial Paper issuance at N6.89 billion, surpassing its N3 billion target by 230 per cent. The Chief Executive Officer, Mr Babatunde Akin-Moses, disclosed this during the programme signing ceremony on Tuesday in Lagos. Akin-Moses saidContinue Reading
