Dangote Group reaffirms commitment to investing in education, healthcare, other sectors

By Vivian Emoni The Dangote Industry Ltd. has pledged its commitment to investing in education through scholarship schemes, healthcare and other sectors to boost socio-economic activities in Nigeria. Alhaji Hashem Ahmed, General Manager and Federal Government Liaison Officer of the company, made this known at the Dangote Special Day, inContinue Reading

NGX Review: Investors gain N1.175trn in 4-day trading week

By Taiye Olayemi The Nigerian Exchange Ltd. (NGX) All-Share Index and Market Capitalisation appreciated by 1.02 per cent and 1.31 per cent to close the week at 143,584.04 and N91.135 trillion respectively. These are against 142,133.03 and N89.960 posted last week. Consequently, equities investors gained N1.175 trillion for the weekContinue Reading

Denmark raises support to AfDB’s development Fund, seeks global action on Africa

By Lucy Ogalue Denmark has pledged DKK 1.1 billion to the African Development Fund’s 17th replenishment (ADF-17). The African Development Bank (AfDB) said that the support represented a 40 per cent increase over the nation’s previous support. The announcement was made on the sidelines of the 2025 Nordic-African Foreign AffairsContinue Reading

NGX Chairman hails Ethiopia’s progress, Dangote’s investment in Addis Ababa

By Taiye Olayemi The Chairman of the Nigerian Exchange Group (NGX), Dr Umaru Kwairanga, has commended Ethiopia’s leadership for its economic progress and expressed optimism about stronger ties between Nigeria and Ethiopia. Kwairanga gave the commendation in his address at a presidential dinner held in Addis Ababa, Ethiopia. This wasContinue Reading

Avoid ponzi, place your funds only in CBN licensed banks– NDIC advises citizens

By Ginika Okoye The Nigeria Deposit Insurance Corporation (NDIC) has advised Nigerians to be vigilant against Ponzi schemes and other fraudulent investment platforms. The Managing Director of NDIC, Mr Thompson Sunday, said this at the corporation’s special day at the 20th Edition of the Abuja International Trade Fair organised byContinue Reading