In a bid to enhance returns for its shareholders in keeping with its mission of creating sustainable value for its stakeholders, Transnational Corporation of Nigeria, Transcorp, Plc, is embarking on various expansion initiatives. Presently, the company has made major acquisitions in power and agribusiness, coupled with new initiatives in its hotel and tourism business and the on-going exploratory activities from its existing oil block . Investment analysts are of the opinion that the various expansion projects will translate to improved financial fortune in the medium term.

Shareholders of Unilever Nigeria Plc have unanimously endorsed proposal by its Board of Directors to pay N189.2 million dividend for the financial year 2015. The dividend declared amidst a challenging operating year translates to a dividend payout of 5 kobo per ordinary share to the shareholders.

The Agric and Agro-Allied Group of the Lagos Chamber of Commerce and Industry, LCCI, yesterday identified lack of funds as a major challenge facing agro processing companies growth in Nigeria

The Nigerian Civil Aviation Authority, NCAA, yesterday, said the new Nigeria Civil Aviation Regulations (Nig.CARs), promulgated in December 2015, would take effect from July 1.

FrieslandCampina Wamco Nigeria Plc has predicted that the country’s Gross Domestic Product, GDP growth is expected to rebound in 2016 if the right mix of fiscal and monetary policies is put in place, just as it posted a Profit Before Tax, PBT of N18.6 billion for the financial year 2015.

As football buffs around the world wonder the rationale behind FIFA’s appointment of Fatma Samba Diouf Samoura as the new secretary general of the world body, FIFA president Gianni Infantino has explained why the 54 year old Senegalese got the nod.

Following robust and illuminating sessions with the leadership of the Nigeria Football Federation at the 66th FIFA Congress in Mexico City, the president of football’s world governing body, Gianni Infantino, has promised to visit Nigeria in a few weeks.

A tip from a CIA spy to authorities in apartheid-era South Africa led to Nelson Mandela’s arrest, beginning the leader’s 27 years behind bars, a report said on Sunday.

Venezuela was seen teetering on the verge of chaos Sunday after President Nicolas Maduro ordered the seizure of paralyzed factories, the arrest of their owners and military exercises to counter alleged plans for an “armed intervention.”

America’s “veepstakes” are under way. Running mates have not played a decisive role in helping win the White House in a generation, but will they do so this year?

AFRICA’s richest man, Aliko Dangote has enjoined old and existing investors on the continent to stop painting a gloomy picture of doing business in Africa. He made the call in an address at the ongoing World Economic Forum on Africa in Kigali, Rwanda.

Papy Djilobodji insisted he was “not really a hero” despite proving SV Werder Bremen’s saviour with the goal that kept Die Grün-Weißen in the Bundesliga.

Criticism has continued to trail the decision by the President Muhammadu Buhari – led administration to increase the price of petrol which many perceive as insensitive. Nigerian Labour Congress (NLC) is threatening to mobilise Nigerians for mass protests if the new policy is not reversed. The NLC described the development as unfortunate especially as it came at a time when poor Nigerians are facing economic hardship.

The Deputy Speaker of Edo State House of Assembly, Mr. Justin Okonobo, has come under attack by Esan youths over his alleged endorsement of All Progressives Congress, APC, governorship aspirant, Mr. Godwin Obaseki

Petroleum marketers may have to forfeit about N16.5 billion in possible subsidy claims due to oil price increases at the international market due to hoarding of product, which they preferred to call inventory stock.